Short-term BONK holders at record losses! Is there more pain ahead? – BitRss

• BONK short-term holders were at a massive loss due to the relentless downtrend
• A recovery was not in sight, and leading memes needed to lead the sector’s recovery

The memecoin market has performed abysmally in the past month, and Bonk [BONK] was in a steady downtrend.

Data from the crypto data platform Artemis showed that a sector performance in crypto over the past month placed memes as some of the worst performers.