Bonk, the Token Meme based in Solana, advanced 4% in the last 24 hours, reaching $ 0.0000218 before resolving around $ 0.0000213.
The strongest impulse occurred at 7:00 p.m. UTC on Wednesday, when Bonk increased 1.9% of $ 0.0000211 to $ 0.0000215, driven by an increase in volume of 574.8 billion themes. The sellers limited the impulse to $ 0.0000215, but the support constantly resurfaced about $ 0.0000212, reinforcing the resistance of the Token.
Bonk was negotiated within an intradic range of 8%, which reflects persistent volatility, according to the technical analysis data model of Coindesk Research.
Institutional trust in Solana continues to grow. Galaxy Digital, Multicoin Capital and Jump Crypto are leading a Solana Investment Fund of $ 1 billion, with the support of the Fitzgerald singer infrastructure. The initiative exceeds the existing Solana assignments in 150%, and could channel a significant liquidity in Native Solana projects, with Bonk among the most active tokens of the ecosystem.
Separately, the Safety Shote Beverage Company recently completed a Bonk allocation of $ 25 million to finance the majority of an increase of $ 30 million. While the announcement occurred earlier this week, it is still a milestone for the adoption of memes coins in the corporate management of the Treasury. Together, these developments demonstrate how Bonk is moving beyond its origins in institutional conversations about liquidity and diversification.
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