Memecoin of the Solana ecosystem bonk( BONK) succumbed to selling pressure and lost 35 percent of its value in a short time.
solanaone of the shining stars of the ecosystem BONK It has achieved an incredible increase in recent days. Memecoin, which took the opportunity of the market’s rise and being listed on various cryptocurrency exchanges, caused havoc. However, BTC It suffered a huge sales wave as it retreated to the $41,000 range. BONK, which recorded a decrease of 35.02 percent in the last 24 hours, said: Most A lot losers” took the first place in the list.
Memecoins are the first to leave the ship!
We witnessed that memecoins were sold much more violently during the decline periods. In the past PEPEAnd DOGE This situation was frequently observed in . The crypto investor, who first issued memecoins, did not surprise this time either. BONK, perhaps the most famous memecoin of recent times, came to the fore with its decline of more than 35 percent in just 24 hours.
The weakness of support levels along with voluminous sales directly triggered the collapse. First of all, BONK, which could not hold on to the weekly opening level, shot up to $ 0.0000090781 with the loss of the daily opening level. The popular coin, which has recovered somewhat for now, will continue to pose risks as long as it cannot exceed its daily opening price. In addition, although the parity poses risks, it can maintain its positive trend, especially on social media.
