Bonk is a meme cryptocurrency built on the Solana blockchain known for its strong community-driven approach and rapid growth.
During the market correction in June, the price of BONK fell sharply from $0.000044 to $0.000018, a drop of 59%.
However, the price found strong support at the rising trendline on the daily chart and quickly rebounded to $0.0000238.
Currently, the market capitalization of BONK coin is $1.55 billion, while the trading volume has plummeted 45% since yesterday to $155.35 million.
