BONK is riding the bullish wave, mirroring the broader crypto market's resurgence. Over the past week, the popular Solana-based memecoin has surged 25%

Popular Solana-based memecoin, BONK, has been riding the bullish wave in the broader crypto market. In the past week alone, the meme coin has surged 25%.
As Bitcoin continues to rally, shifting focus toward high-potential assets, traders have pushed BONK upwards. In the past 24 hours alone, the meme coin has gained 13%.
At the time of press, BONK is trading at $0.00001410, with a 24-hour trading volume of $240.34 million and a market cap of $1.10 billion.
BONK Technical Breakout Signals More Upside
On the technical front, the meme coin has broken above its descending trendline, which could indicate a potential sustained uptrend. However, the next major test lies ahead, as resistance is observed between $0.
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