Zinger Key Points
- Bonk officially announced to burn 203.8 billion BONK on Christmas day, raising curiosity for another rally by year-end.
- Crypto trader calls Bonk's chart magnificent and predicts new highs for the meme coin.
- Today's manic market swings are creating the perfect setup for Matt’s next volatility trade. Get his next trade alert for free, right here.
Bonk BONK/USD continues to chase Dogecoin DOGE/USD and Shiba Inu SHIB/USD, performing slightly better than its two bigger rivals over the past 24 hours.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Bonk BONK/USD | $0.00003949 | $2.98 billion | +2% | -8.4% |
| Dogecoin DOGE/USD | $0.4148 | $60.9 billion | +0.2% | -8.1% |
| Shiba Inu SHIB/USD | $0.0000288 | $16.9 billion | +0.2% | -10.1% |
Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:
Trader Altcoin Sherpa expects a reversal after the current “chop” sideways price action:
Crypto trader Kadense Pengu explained Bonk consolidated for an entire year and is expected to climb to newer heights. Chimp of the North says the Bonk chart is "magnificent."
Community News: Bonk officially announced a BURNmas update wherein 203.75 billion BONK will be burned on Christmas day, sparking speculation amongst traders if it leads to a price rally by year-end.
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