What Is Going On With The 'Shiba Inu On Solana' BONK?
Portfolio Pulse from Khyathi Dalal
Bonk (CRYPTO: BONK) has seen a 30% decline over the past 30 days. Traders are divided on its future, with some seeing potential for a rebound if it breaks resistance levels, while others highlight the launch of BonkRun, a mobile game, as a bullish catalyst. In the past 24 hours, Bonk is down 13% to $0.00002233.
July 05, 2024 | 2:58 pm
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Bonk (CRYPTO: BONK) has declined 30% over the past 30 days. Traders are divided on its future, with some seeing potential for a rebound if it breaks resistance levels, while others highlight the launch of BonkRun, a mobile game, as a bullish catalyst.
The news highlights both potential bullish and bearish scenarios for Bonk. The launch of BonkRun could provide a positive catalyst, but the failure to break resistance levels could lead to further declines.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100