BONK Price Prediction: A Double Bottom Forms, Suggesting Potential for Exponential Gains

The BONK price has surged by 4%, reaching a new all-time high of $0.00001262, within the last 24 hours. Trading volume increased to $74.5 million as traders responded to this bullish momentum. Analysts attribute this rise to growing DeFi applications and increasing institutional interest in the token. The price rebounded after forming a double bottom pattern between $0.00001000, signaling a potential trend reversal.