The cryptocurrency BONK is poised for potential growth in the next 30 days, driven by increasing liquidity. This financial term represents the ease of converting an asset into cash without influencing its price. As liquidity rises, it implies stronger market interest, which could translate to higher price movements and potential investor gains.
A breakout refers to a significant price movement above a resistance level, often leading to further upward trends. BONK's current market conditions hint at a possibility for such a breakout, making it an attractive option for traders looking at short-term investments.