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BONK: Will This Meme Coin Crash?
BONKUSDT SPOT
Short
BONK: Will This Meme Coin Crash?
By CryptoNiche
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Updated
Nov 19, 2023
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Nov 18, 2023
After giving 16x gains to those who bought the bottom in August, can
BONKUSDT
have a pullback from here?
BONK debuted as the first meme coin on Solana blockchain
It was well distributed across the board and it appears to have solid tokenomics
The acceptance was massive amidst partnerships with several Defi projects and protocols
Decent liquidity on Cex and Dex
This is my analysis, what are your thoughts about it? Share them with me in the comment box
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
Nov 19, 2023
Trade closed: stop reached
We lost this one.
We cannot win all trades. What we strive for is a decent win rate.
Follow me for more analysis.
Fundamental Analysis
Support and Resistance
Trend Lines
CryptoNiche
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