Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally
Summary
Solana (SOL) hits a 22-month high, rising 28% in a month. Bonk Inu (BONK) gains attention with a 102% surge in 7 days, reaching $0.00002510 and a $1.6 billion market cap. Lookonchain data shows significant interest, with a wallet accumulating 98 billion BONK from Binance. Trading volume reaches $794,842,219 in 24 hours, up 74.30%. Analysts express positive sentiment but suggest potential pullback, with $0.00001940 as crucial support and $0.00001500 as ultimate support. BONK/USD 1-W chart shows no prominent resistance levels, indicating potential to surpass previous high of $0.0005487.
