BONK Jumps 20% As ‘Dog Season’ Starts, Analyst Says

As communities of the crypto space increase so does the amount of ludicrosity that comes with it, as meme coins are now starting to shine and seemingly trying t

As communities of the crypto space increase so does the amount of ludicrosity that comes with it, as meme coins are now starting to shine and seemingly trying to change the digital currency landscape. On the spotlight today is the meme coin BONK. If the meme coin breaks $0.000041 in October, it will have already made history because it set a new milestone and secured a tough spot for itself in the market — and setting the stage for what an analyst says is the “start of the dog season.”

BONK: Recent Price Movements Signal A Shift

Recently, the price activity of BONK suggests a trend reversal. After hitting bottom at $0.000001567, the coin recently started gaining traction upward and grabbed the attention not only of the retail but also of the institutional market.

Of interesting note here, the last increase in price was 8.59%. Until the date of this rise, it hasn’t changed much from this percentage.

$BONK – This setup is now ready, cat season is over it’s time for the dogs. pic.twitter.com…