Bonk (BONK), a memecoin built on the Solana blockchain, has witnessed a notable increase in its value, recovering significantly over the week.
The memecoin surged by over 25% in just a week and is on the verge of breaking through the upper trendline of its channel. This development suggests a potential falling wedge breakout.
Bonk has marked its sixth consecutive session of rising prices, establishing a strong weekly bullish trend.
