The Bonk (BONK) meme coin has experienced a strong upward rally, with an increase in trading volume and open interest. The trading volume has surged 36.8% in the last 24 hours, reaching $778.9 million, indicating rising investor confidence and interest. The open interest has also jumped 19%, reaching $332.7 million, suggesting an increase in open positions or contracts. These bullish indicators hint at a potential price breakout for Bonk, with the coin currently trading at $0.00002604 and a market cap of $1.84 billion. The active community and support from Solana enthusiasts could contribute to Bonk's potential for success in the meme coin market.



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