Bonk, the Easter token in Solana, has increased by 4% in the last 24 hours, reaching $ 0.0000218 before paying around $ 0.0000213.
The strongest thrust occurred at 7:00 p.m. UTC on Wednesday when Bonk jumped 1.9% from $ 0.0000211 to $ 0.00002,15, powered by a volume increase of 574.8 billion volumes. The sellers ran from $ 0.0000215, but the support has constantly reappeared nearly $ 0.0000212, strengthening the resilience of the token.
Bonk exchanged in an intra -day fork of 8%, reflecting persistent volatility, according to the Technical Analysis Data model of Coindesk Research.
Institutional confidence in Solana continues to grow. Galaxy Digital, Multicoin Capital and Jump Crypto head an Solana investment fund of $ 1 billion, supported by the Cantor Fitzgerald infrastructure. The initiative goes beyond the existing Solana allowances of 150% and could channel significant liquidity in the native Solana projects, with Bonk among the most negotiated tokens of the ecosystem.
In addition, the security drinking company recently completed a $ 25 million Bonk allowance to finance the majority of an increase of $ 30 million. Although the announcement occurred earlier this week, it remains an important step for the adoption of the same in the management of corporate treasures. Together, these developments show how Bonk goes beyond his origins in institutional conversations on liquidity and diversification.
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