Source: Coindesk.com
BONK leads with a 16% gain and high trading volumes on Coinbase, outpacing other memecoins like DOGE and SHIB. Technical analysis shows BONK's breakout from consolidation, suggesting potential growth; it's seen as undervalued compared to peers. Deflationary actions aim to increase BONK’s value, with a target of 1 trillion tokens to be burned by December.
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Source: Coindesk.com
