BONK to launch first meme token ETP – Is a 200% surge possible now?

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BONK to launch first meme token ETP – Is a 200% surge possible now?
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As the first memecoin pursuing an ETP, BONK is setting the stage for further growth and possibly an ETF in the future.

The price action and funding rates are positive for BONK.is creating buzz with its plans to launch the first-ever meme token exchange-traded product in the U.S.

BONK’s recent developments have impacted its price action. The BONK/USDT pair has now cleanly touched this crucial support level three times, a level that resulted in more than 182% price surge from April to May of this year. BONK is now trading above the Bollinger Band’s mean, indicating that positive sentiment is on the rise.Another bullish signal comes from the OI-weighted funding rates, which have turned positive. This indicates that long traders are becoming more optimistic about BONK’s price potential.

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