Memecoin rally to solana fund momentum

Bonk, Solana-based token, has advanced 4% in the last 24 hours, reaching $ 0.0000218 before repairing around $ 0.0000213.
The strongest push came to 19:00 UTC on Wednesday, when Bonk jumped 1.9% from $ 0.0000211 to $ 0.0000215, driven by a 574.8 billion-toil spike volume. Sellers have capped momentum at $ 0.0000215, but the support continues to reappear near $ 0.0000212, strengthening the stability of the token.
Bonk exchanged within an 8% incidence of intraday, reflecting ongoing volatility, according to the CoinDesk Research’s technical review technical data model.
The institution’s trust in Solana continues to grow. Galaxy Digital, Multicoin Capital, and Jump Crypto are Leading to a $ 1 billion Solana investment fundSupported by Cantor Fitzgerald’s infrastructure. The initiative exceeded the existing SOCIAL appropriations by 150%, and could channel significant liquidity in Solana-roof projects, with Bonk amid active exchanged ecosystem tokens.
Separately, a drink safety shot has recently been completed a $ 25 million bonk allocation to finance the majority of a $ 30 million increase. While the announcement arrives earlier this week, it remains a milestone for the adoption of the Corporate Treasury meme coin. Together, these developments show how Bonk moves beyond its origins in institutional conversations about liquidity and differences.
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