Gnosis nears market cap flip of BONK but may face pullback before topping 100th spot.

Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for the flip. However, technical indicators like the Bollinger Bands and Money Flow Index suggest GNO is overvalued and may face a price correction or consolidation before any sustained rally. Spot market data shows profit-taking with net selling pressure, indicating a possible short-term pullback. If selling pressure eases, GNO could resume its advance and potentially surpass BONK soon.