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BONK Shows Strength Amid Market Chaos, Eyes Potential Breakout to $0.000016

  • BONK, a meme coin built on the Solana blockchain, has gained nearly 11% in the past week, showcasing its resilience and hinting at the potential for further upside.
  • Trading volumes for Solana-based meme coins like BONK and WIF have surpassed $100 million, reflecting growing interest in the sector.
  • The price of BONK remains stable around $0.00001207, with both whales and smaller holders accumulating the token.
  • A breakout above $0.0000125 could open the door to $0.000016, backed by a bullish double bottom pattern.

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