Trading Volume Booms in BONK’s Bullish Week What to Expect Next

Bonk (BONK) has up 16.4% this week, according to TradingView.

Bonk, the fifth-ranked meme currency on Solana by market size, has up 30% from its monthly lows.

Its latest rise came amid rising trade volumes. Yahoo Finance reports $223 million in BONK traded on major exchanges on September 26.

This is the largest trading volume in one day since August 6, yet the day isn't done.

Bonk's comeback from September lows coincides with a crypto market increase.

Last week, the Fed began decreasing rates, and falling worries of a US recession have increased risk appetite.


Risk assets benefit from a fresh rate-cutting cycle, which should boost global liquidity.

Some expect a new meme season.


Bonk, a prominent Solana meme coin, may benefit.

This might be its next step.

What's Next for BONK?
BONK chat isn't enthusiastic about a fresh meme season.

BONK, however, remains below its summer upswing.

Bears may fade a short-term comeback to $0.0000028.

Week of BONK Bullishness
The October–December 2023 meme season will be remembered by traders.

Bears were blown out of the water by BONK, which increased 10x.

Solana meme coin BONK may not 10x again, but it might easily break its $0.0000040 record highs.


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