The price of BONK has risen by 22% amidst excitement over a potential ETF launch. Current net inflows have reached $1.68 million, reflecting increased investor confidence and a bullish sentiment in the market.
With the funding rate at 0.0085%, traders show a preference for long positions. Additionally, BONK’s price crossing above the 20-day EMA indicates potential bullish momentum, possibly pushing its value towards $0.000018.
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