$BONK Bonk's Latest Venture: BONKrun Aims to Capture Mobile Gaming Market"

Bonk, the first dog-themed coin on the Solana blockchain, recently saw a 7.80% increase in value within 24 hours and is trending upward after recent fluctuations. Currently trading at $0.00002471, Bonk is up 10.6% from the previous day. CoinMarketCap reports its market capitalization at $1.63 billion, placing it 54th in the rankings, with a 66% increase in trading volume to approximately $192 million over the last 24 hours. A 22% value increase suggests a bullish trend, also benefiting other meme coins. However, Bonk's value is down 36% over the past month following a previous seasonal high.

BONK is navigating the market with a resistance level at 0.00002480 and a support level at 0.00002215. The RSI is around 59, indicating bullish momentum. However, the EMA 100 at 0.00002910 suggests a bearish trend if the price remains below this level. Despite the bullish RSI and price action, the bearish EMA 100 calls for caution. Traders should watch these levels for potential trend changes

Bonk has launched a new venture, BONKrun, in collaboration with Paris Musketeers and Octo Gaming, targeting a wide range of mobile users as announced in a recent post on X.