BONK Skyrockets 12% as Grayscale Watchlist Fuels Institutional Frenzy

Meme coin goes Wall Street—grayscale's radar triggers a 12% moonshot.

Institutional FOMO or just another crypto caffeine spike?

When whales start circling, retail traders grab their floaties. Grayscale's monitoring move lit the fuse—now the question is whether this rocket has enough fuel or just hot air.

Bonus jab: Meanwhile, traditional finance bros still think 'blockchain' is a new SoulCycle class.

Technical Analysis Highlights

• Trading range: $0.0000247–$0.0000281, representing 14% volatility during the institutional breakout window.
• Peak volume: 2.6T tokens traded at 05:00 UTC, reflecting high conviction interest from large buyers.
• Resistance zone: $0.0000281 confirmed by rejection pattern; next test could signal breakout continuation.
• Support zone: $0.0000264 identified as institutional accumulation band; firmed by multiple bounces.
• Intraday dip: Brief move to $0.0000260 met with heavy buying; volume exceeded 75B tokens in late-session activity.
• Recovery zone: Market stabilized around $0.0000266 as selling pressure eased, forming bullish continuation structure.

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