Based on Solana, meme coin Bonk (BONK) has increased by 7.8% in the past 24 hours, in line with the overall market upward trend, but has still fallen 27.3% over the past month. Analysts attribute this surge to Bitcoin's brief rebound to $69,000, but also warn that this rally may be short-lived. Due to investors' lower risk appetite, platforms like CoinCodex predict that Bonk could experience a roughly 28.75% correction and forecast that by March 7, 2026, the price will drop to $0.000004492. Whether BONK can sustain its recovery may depend on the overall improvement of the cryptocurrency market.

BONK-0,65%
BTC-0,75%
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