The price level of BONK looks quite promising. Considering market sentiment and the characteristics of highly volatile tokens like this, this could be a good opportunity to buy the dip. Meme coins are inherently prone to sharp fluctuations, so capturing the narrative points and positioning can offer quite substantial returns.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
3
Repost
Share
Comment
0/400
LayerZeroJunkie
· 15h ago
Bottom fishing BONK? I think it's hard to say. Whether this rebound can hold steady remains to be seen.
View OriginalReply0
CryptoNomics
· 16h ago
*sigh* here's the thing though—your entire thesis conveniently ignores token velocity dynamics and aggregate demand shocks. the correlation matrix between meme sentiment cycles and actual price recovery? statistically insignificant at the 0.05 level, tbh.
Reply0
MidnightTrader
· 16h ago
Before bottoming out BONK, check if your pockets are deep enough. This thing's volatility can really scare you to death.
The price level of BONK looks quite promising. Considering market sentiment and the characteristics of highly volatile tokens like this, this could be a good opportunity to buy the dip. Meme coins are inherently prone to sharp fluctuations, so capturing the narrative points and positioning can offer quite substantial returns.