What to expect from Bonk (BONK)?
BONK coin have surged nearly 10% in the past week. With a market cap exceeding $1B, its popularity has kept them resilient amid market downturns.
As part of the Solana blockchain, which ranks third in Total Value Locked (TVL) at $5.3 billion, Bonk coin’s staking volume has reached $43 million. This reflected a growing interest in utilizing BONK within the DeFi ecosystem.
As noted earlier, BONK’s volume has sharply declined from nearly half a billion post-listing to $188 million at press time.
However, bulls have managed to stave off a pullback, bringing BONK coin closer to its previous rejection level at $0.00002201.
Ultimately, beyond the listing, much depends on Bitcoin action, particularly in the long run – sustained optimism in the network could see both tokens surpass their previous rejection levels.
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