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Why Is BONK Price Surging Today? Key Factors Behind the 5% Pump

Unlike other cryptocurrencies, the Solana meme coin, Bonk price is up on Friday, defying widespread headwinds. The pump comes amid a Bitcoin price crash below $55,000 triggered by selling pressure emanating from key events such as the defunct Mt. Gox exchange starting payments to its creditors and the German government’s BTC selling spree.

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