#BONK๐ฅ๐ฅ Current background on BONK
Currently, BONK is trading at approximately $0.00002065 (โโฏ2.06ร10โปโตโฏUSD), having increased about +0.12% yesterday. However, over the last few days, the coin has significantly risen: +11โ13% in 24โฏhours and up to +35โ40% over the week
๐ What is driving the price today:
โข Speculation surrounding a possible 2ร ETF on BONK from Tuttle Capital. This factor is actively discussed in social media and analytical circles
โข Hype in the community due to activity around token burning (nearly 1 million holders) and an increase in volume on internal platforms
โข Technical patterns: breakout from a โfalling wedgeโ and consolidation above the 20-day EMA