Bonk Meme Coin loses 50% of its value, is the Meme Coin finished?
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“Bonk got bonked“ Memes in the crypto-currency market are almost always short-lived, especially in the absence of proper market-making and liquidity provision. Bonk has been widely distributed among holders of some NFT collections, which leads us to an unpleasant conclusion: the latest 56% correction on the meme asset is just the beginning of profit taking. […]