CandleFocus BONK Outperforms Pepe, Shiba Inu Amid Binance.US Listing
2024-11-13
Author: Content Editor
The Solana-based meme coin BONK has experienced a 12% surge in the past 24 hours, outperforming other top meme coins like Pepe and Shiba Inu. This rally is driven by the excitement surrounding the BONK/USDT trading pair, which recently became available on Binance.US. The surge in price is accompanied by a significant increase in trading volume, indicating strong market interest and potential for further upward momentum. The coin's Chaikin Money Flow (CMF) is above the zero line and in an uptrend, suggesting buying pressure outweighs selling pressure. Currently trading at $0.000034, if the buying momentum holds, BONK could reach $0.000038 and potentially climb to $0.000044. However, failure to establish $0.000033 as support could result in downward pressure and a price decline to $0.000026.
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