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Bonk Price Risks Losing 200-day Support Amid Declining Funding Rate

source-logo  coingape.com 19 August 2024 22:01, UTC

BONK price plunged 1.6% to $0.000019 on Monday, bucking the general uptick in the broader crypto market. While the Bitcoin attempt to regain $60000 has uplifted most of the major altcoins, the meme cryptocurrency sector struggle follows. Will the weak momentum grow to prolong correction, or will buyers step in to reverse the trend?

coingape.com