Bonk is back under the spotlight, gathering 8.7% in the last 24 hours and reaching a summit of $ 0.0000235 before settling at $ 0.000022,215. The rise in power came with 2.27 billions of chips exchanged, an increase of 67% compared to the average volume, signaling institutional participation and increasing detail.
Speculation continues to rise around an ETF Bonk with 2x Tuttle Capital potential, while the larger optimism around the newly launched FNB of Solana has contributed to generating capital in the ecosystem. However, Bonk’s momentum is not only powered by the noise of the market – its ecosystem fundamentals are rapidly strengthening.
The out -of -competition catalyst is Bonkbot, now the largest commercial bot based on the volume telegram. Bonkbot generated an impressive $ 4.35 million in monthly costs, eclipse competing robots and provide a tangible source of income for the community.
Completing this growth, Bonk recently saw a hackathon winner of $ 200,000 emerging, injecting additional activity and innovation into the ecosystem.
Technically, Bonk left a one -month drop channel, buyers holding the level of $ 0.0000218 and briefly establishing a new support at $ 0.0000230 before a modest withdrawal, according to the Technical Analysis model of Coindesk Research. With tenders (like the token burn waiting for 1 Billion) And by widening use cases, Bonk can be ready to continue upwards.
Strengths of technical analysis
- Bonk exchanged in a range of 8.7% between $ 0.0000218 and $ 0.0000235 from July 6 at 3:00 p.m. UTC at July 7 at 2:00 p.m. UTC.
- The volume increased to 2.27 t, marking an increase of 67% on the daily average and confirming a high volume escape.
- Bonk found a solid support at $ 0.0000218, with a coherent purchase pressure throughout the session.
- A net rally culminated at 10:00 am UTC, followed by an escape at $ 0,0000230, which briefly acted as support.
- The token slipped 2.7% in the last hour, from $ 0.0000228 to $ 0.0000222222222, in the midst of profits.
- The volume increased to 42.3b at 13:26 UTC, followed by an end of the session of 145b at 13:59 UTC, triggering a technical decline.
- The support at $ 0.0000225 broke out under pressure, now acting as a resistance before the next session.
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