The memecoin Bonk (BONK) has shown significant resilience amidst the current market conditions, recently achieving a dramatic 132% price increase over just a few days. This impressive surge is underpinned by robust trading metrics which depict a positive market sentiment.
The rise in Bonk's price is further bolstered by increasing open interest, indicating growing investor confidence and engagement with the cryptocurrency. The bullish sentiment surrounding Bonk suggests potential for further gains in its market valuation.