BONK falls by 20% – Is the bull run over?

Jul 31

After the Binance listing, whales and traders jumped at the chance to reap the benefits of the new meme coin BONK. Though market indicators initially pointed toward a bearish trend, ultimately sending the price skidding lower on double digits in the past 24 hours, BONK competed for its place among the top 100 coins in terms of market capitalization. In the beginning of December, BONK soared over 600%, a feat triggered by trading stimulus from investors raised by BONK listed on the popular Binance exchange platform. A noticeable move to also mention is Token Unlocks releasing a tweet revealing 64.7 trillion tokens made availabe from the total BONK supply. Unfortunately, this progress has now stopped with the tokens dropping devices fast.