Bonk retreats as Solana cools off, tracking its parent chain's price action.
What's Happening:
$BONK down 1.4% to $0.000009.
Use cases in Solana dApps (DeFi collateral, games) are sticking.
"BonkBot" volume remains a key driver of burn/demand.
Community sentiment is cautiously optimistic for a rebound.
Why It Matters: BONK is the index fund of the Solana ecosystem. If SOL goes up, BONK usually goes up harder.
Technical View:testing local support. Needs to hold here. If SOL breaks $125, BONK could slide further.
🎯 Key Levels:
Support: $0.0000085 | Resistance: $0.000010
24h Range: $0.0000088 - $0.0000095
💡 The dog coin of the people, for the people.
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#BONK #Solana #MemeCoin #Community #Crypto
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
