In 24 hours, BONK rose from 0.000022 USD to a peak of 0.000024 USD. Trading volume saw significant spikes, particularly at early morning hours, with the asset facing resistance at 0.000024 USD, indicating volatility.
The rise of newer memecoins, such as LayerBrett and Little Pepe, suggests that traders are moving towards tokens offering utility. While BONK and DOGE remain popular, interest in traditional meme tokens appears to be waning.
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