- BONK price skyrockets to an all-time high of $0.00000477.
- Amid soaring demand, BONK’s price and market cap surge, but technicals suggest a possible pullback on the horizon.
- BONK’s rally halted at $0.00000477 as indicators like RSI hint at overbought conditions and potential market reversal.
After a bull-bear battle for control in the Bonk (BONK) market in the early hours of the day, support was established at the intra-day low of $0.00000308. This support level attracted buyers who considered it a chance to join the market at a low price. Consequently, the price rebounded, skyrocketing the BONK price to an all-time high of $0.00000477, where it met resistance from sellers trying to grab gains.
At press time, BONK was trading at $0.00000457, a 34.2 % increase from the day’s low, indicating robust demand, according to Coinstats. Significantly, BONK’s market capitalization and 24-hour trading volume increased by 35.81% and 106.17%, respectively, to $240.32 million and $104.6 million.
This increase in market capitalization and trading volume suggests investors are becoming more interested in BONK. Furthermore, the increasing buying pressure and optimistic mood…
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