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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

$0.0000023
-1.71%
24h Volume

$11,660,526.92

24h H/L

$0.00000237 / $0.00000229

Change: $0.00000008 (3.49%)

Funding Rate

-0.0038%

Shorts pay

Data provided by COINOTAG DATALive data
BONK
BONK
Daily

$0.0000023

-0.43%

Volume (24h): -

Resistance Levels
Resistance 3$0.00
Resistance 2$0.00
Resistance 1$0.00
Price$0.0000023
Support 1$0.00
Support 2$0.00
Support 3$0.00
Pivot (PP):$0.00000232
Trend:Sideways
RSI (14):30.6
CS
CoinDesk Staff
(01:07 PM UTC)
1 min read
EW
Updated byEmily Watson

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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Source

CoinDesk Staff · CoinDesk

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