Bonk Rallies 6% In A Day, Millionaire Trader Calls It ‘Incredibly Undervalued’

Despite market volatility, Bonk (CRYPTO: BONK) continues to surge, prompting bullish sentiment from traders.

What Happened: Prominent trader Unipcs describes Bonk as one of the best risk/reward opportunities in the current cycle.

As Solana’s leading meme coin, it enjoys strong cultural significance, deep liquidity and major exchange listings on Robinhood, Coinbase and Binance, according to the trader.

With an ETF filing and ETP launch expected soon, institutional interest is rising, making the meme coin “incredibly undervalued.”

Down 85% from its all-time high, Bonk could be primed for …

Full story available on Benzinga.com

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