Key control
Bonk jumped two digits in 24 hours after a break and a USD1 launch. The increase in tokens burns could strengthen their leadership if the imminent rate cuts a cryptographic rally.
Bond [BONK] He was among the main memecoras for daily pricing, which stood at 11% when writing. Only Fartcoin [FARTCOIN] and SPX6900 [SPX] It worked better than Bonk during this period.
The rally occurred after Bonk came out of a two -month consolidation. The wedge pattern that falls began after its maximum of July 17 at $ 0.00004041.
Bonk’s impulse changes up
At the time of the publication, Bonk quoted above the Support after turning from its minimum of $ 0.00001913 on September 5. An inverted head and shoulders confirmed the investment.
In addition, the MACD also became positive, showing impulse of purchase.
Source: TrainingView
The memecoin advanced towards the top of its graphic pattern, and the objective was 96% above the initial rupture level.
From its current position, another 72% was upwards. However, Buying in this pump seemed risky. The price often goes back after such acute movements.
The price action could also visit the rupture level again for a new test. His ability to gather rested to stay over the pattern.
Bonk Token Transfers Spike
The number of tokens transfers shot 625 billion Bonk for projections and incoming in prices. The 100 main directions increased holdings by 0.64%.
Meanwhile, the exchange supply fell to 57.45 billion Bonk, which was approximately 0.54%. The exchanges had approximately 65% of the total supply.
Source: Nansen
Even so, the distribution score stood at 14, at the time of the publication showing centralization but a slight improvement. The main 100 controlled 44% of the supply.
USD1 are launched as feat cuts nearby
Meanwhile, World Liberty Finance [WLFI] He presented his USD1 stable at the launch of Bonk for the Solana [SOL] Blockchain. The revenue of the launch ecosystem would be used to burn Bonk.
The news also caught the attention of the cryptographic community, especially as Trump family assets companies continue to gain impulse.
With the Federal Reserve scheduled to announce interest rates decisions next week, the recent suggestions of Jerome Powell have fed the speculation of a possible market change.
If the broader cryptographic market responds positively, Bonk seems to be well positioned to emerge as one of the main memecoras in the next break phase.
