BONK Price Surges 15% Intraday
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•Why BONK Price Is Up 15% Today: Top Reasons Behind the Spike?
65% Informative
BONK price soared roughly 15% intraday, primarily attributable to highly bullish market dynamics.
The dog-themed meme coin's community witnessed the burning of 1.69 trillion tokens, dealing a massive blow to the circulating supply.
Bonk futures Open Interest surged 26% to $14.57 million today .
The asset’s derivatives volume witnessed a 62% uptick to $98.54 million .
The broader market as well as the meme coin sector show signs of recovery.
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