BONK crypto pumps 90% – Will the 1 trillion token burn fuel further gains?

Quick Summary:

Leveraged players placed 3x bullish bets on BONK price upside.

This suggested that leveraged players took massive debts to place bullish bets on BONK.

But BONK grabbing the extra gains could only be feasible if the mememcoin stayed above its previous ATH.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: News Social Analysis Ambcrypto News 1 Trading View HideCryptopanic Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 19:00:22 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23671466

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 24 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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