BONK’s trading volume on decentralized exchanges has exceeded $2.8 billion in the past 90 days BONK is a Solana-based meme cryptocurrency known for its active community and bringing a sense of fun and engagement to the crypto world.
Despite its entertainment origins, $BONK displays significant transaction volume and active user engagement, making it stand out among memecoins.
Its trading volume on the decentralized exchange exceeded $2.8 billion in the past 90 days, involving 205,400 traders. The distribution by decentralized exchange shows that Jupiter (39.23%) and Phoenix (37.98%) contributed to the majority of trading volume.
During this period, the price of BONK showed significant volatility, reaching a new high of $0.000041.
Increases in buying volume are directly related to the price of BONK, as shown by the ratio of buyers to sellers. When the ratio exceeds 1.4, prices usually rise accordingly.
BONK’s capital flows on centralized exchanges (CEX) show complex flows in and out of funds.
The large outflows over the past 90 days in particular have highlighted the impact of changes in liquidity on market sentiment and price volatility. A total of $298.27 billion of $BONK has been withdrawn from CEX, indicating active market activity.
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