Even if Memecoin profits migrate to new tokens, Bonk Surges 9%

Bonk has risen by more than 9% in the last 24 hours, reaching its peak from $0.000022 to $0.000024.

According to Coindesk Research’s technical analytics data model, the trading range is $0.000002, representing significant volatility, with momentum being heavily concentrated in early morning hours.

Trading volumes have exceeded 1.2 trillion tokens in major rebound attempts at 06:00 and 07:00 UTC, highlighting strong short-term demand.

The rally met harsh resistance at $0.000024, where progress was rejected, confirming this level as a short-term ceiling. Support came at around $0.000023, but the Bulls were pushed high during the early morning breakout, while late session trading showed signs of fatigue.

Between 11:53 and 12:52, Bonk dropped from $0.000023,459 to $0.000023,190 as it exceeded 35 billion tokens in a concentrated wave of sales. That reversal erased some of the previous gatherings and consolidated the tokens just above its established support zone.

This performance comes as well as changing the dynamics within the Memocoin sector. Bonk and Dog Coin Doge$0.2374 New projects like Layer Bullet and Little Pepe are gaining market share by providing staking mechanisms and layer 2 integration. The social engagement of legacy meme tokens has been cooled, with traders spinning into tokens in utility-driven models.

Technical Analysis

• Bonk has raised 9% from $0.000022 to $0.000024 in 24 hours.
• Support was integrated at $0.000023 with purchase pressure during repeated testing.
• The resistance hardens at $0.000024, with a large amount of consistent rejection.
• Trading volume peaked at 1.2 trillion tokens in morning breakout attempts.
• The decline eliminated 1.14% from the intraday high.
• The sale between 12:30–12:45 carried volume spikes of over 35 billion tokens.
• Intray is low at $0.000023180, hinting at a possible trend inverted signal.

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