Bonk, a meme token built on the Solana blockchain, has successfully bounced back from its support level of $0.0000213. The recent resurgence in the cryptocurrency market has contributed to this recovery, marking the second rebound within a span of three weeks. This significant turnaround not only signifies the bottom point of the correction trend but also propelled the asset’s value by 12.5% over the course of four days. Furthermore, this impressive recovery has laid the groundwork for a potential bullish trend, hinting at the possibility of a sustained increase in the price of BONK.
