Bonk Price Prediction: BONK Pumps 4% As This New Pepe Derivative’s ICO Charges Toward $28 Million
The Bonk price pumped over 4% in the last 24 hours to trade at $0.00003681 as of 6:01 a.m. EST as investors start to buy into the Solana meme coin. Despite the recent gain posted by the BONK price, the crypto was unable to erase its losses over the last week. As a result, the altcoin is still more than 4% in the red on the weekly time frame. Bonk Price Consolidates 4-hour chart for BONK/USD (Source: GeckoTerminal ) The Bonk price recently entered into a consolidation phase between $0.00003459 and $0.00003751 in the last few hours. BONK was able to break above the upper boundary of this sideways range earlier today, but failed to close a 4-hour candle above this technical barrier. Buyers recently rejoined the meme coin’s order books. Should bulls keep exerting pressure over the course of the next 8 hours, the Bonk price might gain the momentum needed to overcome and establish a position above the $0.00003751 mark. Thereafter, the meme coin could end up rising to as high as $...