BONK Defies Gravity—Solana’s Memecoin Surge Sparks ’When Lambo?’ Chatter
Solana’s joke-turned-juggernaut BONK just ripped past another resistance level—up 120% in a week while ’serious’ altcoins flatline. Here’s what’s fueling the frenzy.
Pump Mechanics: Meme magic meets Solana’s resurgent ecosystem. BONK’s latest rally coincides with SOL breaking $200, airdrop farmers chasing the next dopamine hit, and perpetual traders flipping leveraged long positions like pancakes at a diner.
Target Practice: Charts suggest $0.000042 is the next psychological barrier—a 2x from here would ironically put BONK’s market cap above half of DeFi’s ’fundamentals-driven’ projects. Cue the institutional research notes rationalizing dog-themed speculation.
Reality Check: When a token with a Shiba Inu logo routinely outperforms your carefully structured yield strategy, maybe the real utility was exposing crypto’s collective gambling addiction all along.
