🔴 $BONK To Reach ATH Increase more than 300%🔴
- Token Burn: BONK's price surged by 3.38% after the burn of 84 billion tokens from the project's treasury . The goal of the token burn is to reduce the circulating supply, increase scarcity and enhance the cryptocurrency's long-term value .
- Market Response: The market's response to the recent token burn has been cautiously optimistic among investors and analysts.
- Price Movement: BONK's price has increased by 1.8% in the last 24 hours and 28.0% in the last 7 days . The current price is $0.000031
- All-Time High: BONK's all-time high was $0.00004547 on March 4, 2024 . The current price is 31.2% lower than the all-time high .
- Community Support: The token burn has received strong community support, indicating positive sentiment . The burn is part of a larger effort by Bonk DAO to manage its supply effectively, following a similar event in April where 278 billion BONK tokens were burned .
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