BONK Leads to Solana Saga Phone Sales Spike, Arbitrum Outage
Dec 15, 2023
Market Update Equities are mixed today but on track for the seventh straight week of gains, the longest winning streak since 2017. The Nasdaq gained .38% while the S&P fell .49%. Both indices are in striking distance of all-time highs following comments from Fed officials about inflation coming down and potential rate cuts in 2024. $BTC has pulled back to $41.8k, down 3.3% after facing resistance at $43.4k. $ETH is performing in line with $BTC, falling 3.2% to $2.2k. Solana’s top memecoin $BONK has outperformed the top 100 on both daily (+79.2%) and weekly timeframes (136.9%). Momentum that