Analyst Recommends BONK as 3X Leveraged Play on Solana ETF Approval
As the crypto market shows signs of recovery, Solana's BONK meme coin is gaining attention as a potential investment. Key points include:
- BONK is the largest meme coin in the Solana ecosystem.
- Trader Unipcs turned $16,000 into over $10 million by trading BONK and continues to hold his position.
- Unipcs highlights bullish developments in the Solana ecosystem that could benefit BONK.
- A Solana ETF is expected soon, potentially boosting Solana prices and benefiting meme coins like BONK.
- BONK has historically risen 3X higher than Solana gains, making it a leveraged play on Solana’s price movements.
- BONK also has a pending ETF filing, increasing its potential for growth alongside a Solana ETF approval.
- BONK's current price is 75% below its all-time high, presenting an opportunity for investors.
