$BONK has had several 70 - 90% corrections in its two-year lifespan
in every single instance, without exception, it has bounced harder and made new ATHs
and the ongoing recovery from its last correction won't be any different
it won't be too long before new BONK ATHs from here IMO
i expect it to happen sooner and much faster than many anticipate
GOD WILLING 🙏
'bonk guy is retarded because $BONK is never going back to ATHs'
i see a lot of people saying the above recently
which is interesting considering that BONK has had several major 73 - 95% corrections in its lifetime and has consistently made new ATHs after each of these corrections
its first major correction was a 95% correction that lasted ~10 months where many were saying it is dead for good (the current correction is very tame compared to that!)
and that was when i got in: while everyone was shouting 'BONK is dead for good because it is down 95% and hasn't moved in 10 months,' i sized in with conviction and held for a 100,000% gain at peak
BONK is one of the easiest memecoins to bet on for a reason: it has survived several massive, prolonged drawdowns and has always made a new ATH due to its fundamentals and unique positioning
i do not think this time is different
if anything, i think the next BONK ATH run will be the most explosive of all
most people will fade it again here however, like they always do, then FOMO buy the new ATH and start blaming everyone they could once it starts its next correction from ATHs
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