The post BONK Faces Bearish Concerns Due To Heavy Short Positions! Will Bonk Price Fail To Maintain Recent High? appeared first on Coinpedia Fintech News The Solana-based meme token BONK strengthened its position in the market by ranking 69th on CoinGecko’s list of the most valuable digital currencies, marking a significant milestone as its market capitalization exceeded $1 billion for the first time. As Bonk witnessed a skyrocketing surge in the last few hours, bears are now heavily shorting the …