Bonk, a meme token based on the Solana blockchain, has successfully bounced back from its support level of $0.0000213. The renewed recovery sentiment in the cryptocurrency market has played a significant role in this second rebound within a span of three weeks. This particular rebound not only indicates the bottom point of the correction trend but also leads to a 12.5% increase in the asset’s value over a period of four days. As a result, a bullish trend has been formed, suggesting the possibility of an extended rise in the price of BONK.
