While the cryptocurrency market looks towards a recovery and artists of the caliber of Solana will come out of the losses, a cryptocurrency trader called a meme currency that could be a great game while the Sol price recovers. Bonk’s meme currency, currently the largest meme coin of Solana’s ecosystem and turnover to trigger the awakening of the blockchain, continues to receive a lot of support as a meme currency that could overperform while the market comes out in the next season in Altcoin.
The coin of the Bonk Meme of Solana is the comedy
The Crypto Unipcs analyst and trader have become popular in cryptocurrency circles on the social media X platform (previously Twitter) after having transformed $ 16,000 into over $ 10 million with a long Bonk trade. Despite having done what many have called a trade that changes life, the trader refused to close this trade, with the expectation that the meme currency will continue to rise.
In a recent post, UNIPCS has again reiterated its support for Bonk’s meme coin and because he believes it is a great game in which to be involved. The post mainly indicates the bullish developments that surround the ecosystem of Solana and because Bonk could be a way to maximize filming like the Ralli of Solana’s price.
The first bullish development to which the Crypto analyst indicates is the fact that a Solana ETF should hit the market soon. When this happens, the price of Solana is expected to recover in response, probably increasing towards new maximums of all time, something that would translate more up for the meme coins domiciled on the blockchain.
As for Bonk, UNIPCS explained that the meme currency acts as a 3x bet with a lever on Solana’s price. This is because historically, Bonk’s price has often increased by 3 times higher than any gain that Solana puts. Its highly volatile nature as a meme currency also contributes to this, as it is subject to rapid explosions of increasing price, in the same way that it is subject to rapid crash.
In addition, the expectations of a single Etf approved by the Securities and Exchange Commission (sec) are not the only thing that pushes Bonk’s rise. Bonk, in turn, also has an ETF in suspense with the Commission and the approval of a Solana ETF increases the probability of an approval of the Etf Bonk, giving the even more fuel meme currency for the gathering.
Given these bullish factors, the Crypto analyst believes that Bonk could be a good game, especially because the price remains 75% below his historical maximum. “FF soon we get the Solana season, you don’t want to be underestimated to Bonk,” said UNIPCS at closing.