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via CoinDesk · By CoinDesk Staff

Creator behind Solana's legendary BONK token says meme trading is a 'seven-leg' parlay

BONK

BONK/USDT

$0.00000342

+4.91%

$0.00000342

+4.91%

(24s)

24h Volume

$59,896,886.12

24h H/L

$0.00000368 / $0.00000321

Change: $0.00000047 (14.64%)

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

BONK

Daily

$0.00000342

▲ 6.54%

Volume (24h): -

Resistance Levels

Resistance 3$0.00

Resistance 2$0.00

Resistance 1$0.00

Price$0.00000342

Support 1$0.00

Support 2$0.00

Support 3$0.00

Pivot (PP):$0.00000327

Trend:Sideways

RSI (14):64.8

CoinDesk Staff

(01:07 PM UTC)

1 min read

Updated byEmily Watson

0 comments

Memecoin trades carry rare 'seven-leg' parlay odds, BONK's Nom says at Consensus

The BONK core contributor argued memecoins skipping ETF and public-company rails end up rinsing retail.

The odds on a seven-leg parlay and the odds on a fresh memecoin trade are roughly the same, BONK core contributor Nom told audience at the ongoing Consensus Miami on Tuesday.

Most memecoin teams lack the staying…

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CoinDesk Staff · CoinDesk

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