Investing.com - Financial Markets Worldwide
🤔 This week: TSLA Q3 earnings report - is now the right time to buy the EV giant?Explore TSLA Data

BONK Coin Soars Replicating DOGE and SHIB’s Early Rallies

Published 12/06/2023, 09:18 PM
Updated 12/06/2023, 09:45 PM
BONK Coin Soars Replicating DOGE and SHIB’s Early Rallies

  • BONK surged more than 31% over the past 24 hours to trade at $0.00000814 at press time.

  • The meme coin’s positive daily performance pushed its gain over the past month to +979%.

  • Technicals on BONK’s daily chart suggested that the meme coin may continue to rally.

Bonk (BONK) added to its impressive momentum over the past 24 hours. Data from the cryptocurrency market tracking website CoinMarketCap indicated that the meme coin recorded a daily gain greater than 31%. Subsequently, the cryptocurrency was changing hands at $0.00000814 at press time.

BONK’s latest price increase propelled its monthly performance to +979%. Meanwhile, the altcoin was up more than 7,300% since entering the cryptocurrency space.

Simultaneous to the increase in price throughout the past day of trading, BONK recorded a drop in its 24-hour trading volume. CoinMarketCap data indicated that the total volume for the meme coin was down 34%. Subsequently, the collective total stood at $104.983 million.

BONK was able to reach a peak of $0.000008465 throughout the past day of trading. Since then, it has pulled back to trade at its current level. Nevertheless, BONK’s price was still c…

The post BONK Coin Soars Replicating DOGE and SHIB’s Early Rallies appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.