Savvy Sellers Drive Sharp Decline in BONK’s Value
Main Idea
The meme-based cryptocurrency BONK experienced a 5% decline in value over 24 hours, driven by intense selling activity and weak market sentiment.
Key Points
1. BONK's price dropped from $0.000028 to $0.0000266, with trading volume reaching 764.44 billion tokens.
2. Attempts to stabilize at $0.000026 were unsuccessful, leading to an additional 3% decline.
3. Market sentiment remained weak, with U.S. developments potentially increasing cryptocurrency market exits.
4. Technical data showed a 7% drop in BONK within the last day, with strong resistance at $0.000029.
5. The breakdown in price levels heightened investors' cautious behavior.
Description
Solana-based BONK's price fell 5% in the last 24 hours. Large-scale selling led to a volume of 764.44 billion tokens. Continue Reading: Savvy Sellers Drive Sharp Decline in BONK’s Value The post Savvy Sellers Drive Sharp Decline in BONK’s Value appeared first on COINTURK NEWS .
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