Crypto Express

07/26 03:24

BONK consolidates its July gains – What’s next?

BONK consolidates its July gains – What’s next?

On the markets front, BONK’s positioning appeared to be slightly bullish at press time.

In fact, according to CoinGlass, top Bin@nce traders who were bullish on the memecoin rose from 56% to 60% in just 24 hours. 

This meant that leveraged bulls expected a bigger rally, despite the memecoin surging by over 158% in July. 

Overall, BONK’s aggressive deflationary program could be a crucial catalyst for the memecoin’s next leg of the rally. However, only if the broader market sentiment remains constructive and positive. 

#Check In Daily, Win Prizes Daily — Join the Fun!#Justin Sun's 35th Birthday Bash#Claim1,200 USDT in the Monthly Creation Challenge#Do you think Tanssi is promising? #HTX DAO Listing Governance is LIVE!

65Share