🚀 BONK, the Solana-based dog token, is notable for its 16% increase in the last 24 hours! With a trading volume of $384 million on Coinbase, it has surpassed other memecoins such as DOGE and SHIB.
🔍 Technical analysis shows that BONK is breaking out of consolidation and has growth potential. Deflationary steps with a target of burning 1 trillion tokens could provide value gains.
🔥 BonkDAO has burned 100 billion tokens and is targeting 1 trillion in December. This could increase the price by reducing the supply.
💬 What do you think the future of BONK will be like? Share your thoughts in the comments! 👇