Bonk Price Prediction: BONK Soars 12% As Rex And Osprey File For A Bonk ETF, While This New ICO Enables Diversified Meme Coin Investing
The Bonk price soared over 12% in the last 24 hours to trade at $0.00003273 as of 6:26 a.m. EST as investors begin to stock up on the meme coin. This rise in the BONK price comes after asset managers REX Shares and Osprey filed applications for an ETF (exchange-traded fund) for the crypto just 24 hours after US President Donald Trump’s inaugural ceremony and his appointment of Commissioner Mark Uyeda as acting Securities and Exchange Commission (SEC) Chair. Bonk Price Resting On A Support Level 4-hour chart for BONK/USD (Source: GeckoTerminal ) The Bonk price is resting on a support level at $0.00003176. Should the Solana meme coin drop below this mark within the next 8 hours, it could stand the risk of falling to the next support level at $0.00002759. Conversely, the Bonk price maintaining a position above the $0.00003176 support for the next 12 hours might invalidate the bearish thesis. In this more bullish case, the meme coin could attempt a challenge at the $0.00003639...