$BONK
🚨 BONK Breaks Months-Long Downtrend 🚨
In a surprising turn of events, Solana's popular dog-themed cryptocurrency BONK (BONK) has surged by 67% over the past seven days. This remarkable performance has caught many crypto enthusiasts off guard, especially as it has occurred without much fanfare compared to the Bitcoin-led market momentum that has captured most headlines.
The significance of BONK's recent rally becomes even more apparent when viewed against its prolonged downward trajectory since late 2024. After reaching its all-time high of $0.00005916 on November 22, 2024, BONK entered a sustained period of decline that lasted several months.
Attempts to revitalize BONK's price action in January 2025 showed promise but ultimately fell short, with the token reaching $0.00003986 before resuming its downward movement. The bearish trend was further confirmed when BONK experienced a death cross in February, a technical pattern often interpreted as a strong sell signal.
