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The Solana-based meme coin BONK (BONK) has quietly skyrocketed by 67% over the past week, staging an impressive comeback as the broader cryptocurrency Bonk price is soaring as capital shifts from new Solana meme coins to old and well-known coins. These gains have seen BONK flip Fartcoin to emerge as the second According to an analyst on the TradingView platform, BONK has just confirmed a double bottom formation; and here are the next price targets for the meme cryptocurrency. The Solana price has fallen to $200 after reaching a new all time high in January. In less than 7 days, the SOL ecosystem has been rocked with a 19% loss, which has Buoyed by broad community support, BONK continued to attract attention into 2025: its price has shown sudden rallies and dips as traders eye its potential as Solana’s Amid a broader market consolidation, Bonk has slumped 8.4%, currently priced at $0. . However, traders remain bullish on Solana meme coins. Indeed, the newly launched Smog Bonk (BONK), the Solana-based meme coin that once captivated traders with its viral community and meme-fueled momentum, is now facing renewed skepticism from Amid a broader market consolidation, Bonk has slumped 8.4%, currently priced at $0. . However, traders remain bullish on Solana meme coins. Indeed, the

Bonk Price Sees Bearish Slip as Traders Back New Solana Meme Coin

The Solana-based meme coin BONK (BONK) has quietly skyrocketed by 67% over the past week, staging an impressive comeback as the broader cryptocurrency market shows signs of life. However, the recent rally may be losing steam as traders are increasingly eyeing the potential of new Solana-based meme coins.

Bonk price is soaring as capital shifts from new Solana meme coins to old and well-known coins. These gains have seen BONK flip Fartcoin to emerge as the second most popular Solana meme coin. But can it hold its position?

Amid a broader market consolidation, Bonk has slumped 8.4%, currently priced at $0. . However, traders remain bullish on Solana meme coins. Indeed, the newly launched Smog Bonk (BONK), the Solana-based meme coin that once captivated traders with its viral community and meme-fueled momentum, is now facing renewed skepticism from some investors.

Technical Analysis: What's Next for BONK?

According to an analyst on the TradingView platform, BONK has just confirmed a double bottom formation; and here are the next price targets for the meme cryptocurrency. This bullish pattern suggests a potential reversal, but the overall Solana ecosystem’s recent performance raises concerns.

The Solana price has fallen to $200 after reaching a new all time high in January. In less than 7 days, the SOL ecosystem has been rocked with a 19% loss, which has undoubtedly impacted sentiment towards BONK and other Solana-based projects.

The Future of BONK and Solana Meme Coins

Amid a broader market consolidation, Bonk has slumped 8.4%, currently priced at $0. . However, traders remain bullish on Solana meme coins. Indeed, the question remains: can BONK regain its momentum, or will the allure of new Solana meme coins prove too strong? Buoyed by broad community support, BONK continued to attract attention into 2025: its price has shown sudden rallies and dips as traders eye its potential as Solana’s leading meme coin. Only time will tell if BONK can overcome the current bearish pressure and maintain its relevance in the ever-evolving Solana ecosystem.

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