Bonk (BONK) surged 25% in 24 hours to reach $0.00002254, pushing its market cap to $1.81 billion with a trading volume of $1.32 billion.
The cryptocurrency now holds the #44 spot with a fully diluted valuation of $2 billion and a volume-to-market cap ratio of 73.32% indicating intense trading activity.
Technical indicators like RSI and CMF suggest overbought conditions and strong capital inflow, potentially paving the way for further gains if the bullish momentum persists.
Short-term resistance for BONK lies near $0.00002400 with support at $0.00002000; a successful close above the resistance level could lead BONK towards $0.00002650.