Crypto trader Unipcs has identified BONK meme coin as a potential high-reward play as Solana's price recovers.
Unipcs turned $16,000 into over $10 million with a long BONK trade and continues to hold the position.
The analyst views BONK as a 3X leveraged bet on Solana, historically outperforming Solana's gains due to its volatile nature.
BONK's bullish outlook is further supported by the anticipation of a Solana ETF approval and its own pending ETF filing, making it an attractive investment in the current market.