<ul><li>The meme coin Bonk (BONK) is undergoing a corrective Wave 3 move down, suggesting a potential break in the downward trend and preparation for a new ATH.</li><li>According to the Elliott Wave theory, Bonk's price chart indicates the possibility of reaching new ATHs at $0.00006.</li><li>Crypto analyst Bluntz sees the current price dip as a buying opportunity, projecting a bullish outlook for Bonk and expecting its price to skyrocket in the future.</li><li>Another analyst, Sensei, predicts that Bonk's price will erase a zero and reach a new ATH in the fifth wave, drawing similarities to Bitcoin's historical wave patterns.</li></ul>

Analyst Says This Meme Coin Is Headed For A New ATH – It’s Not Dogecoin

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