In the heart of the bullish cryptocurrency market, BONK, the viral dog token of Solana, is making a strong comeback.
📈 The price increased by +24.36% over 30 days, reaching $0.00002725, supported by rising trading momentum and price action breaking resistances one after another.
🔍 Strong technical signals:
- RSI is in a clear bullish territory
- MACD is in a positive crossover
- Volume is steadily increasing, and order books are leaning in favor of buyers
🔥 On-chain:
- Exchange balances are decreasing, indicating accumulation by whales
- Massive token burn: Over 300 billion BONK recently burned, with 50% of platform revenue allocated to burns
- 141,868 SOL spent in just one day on burning – this is not just noise, but real institutional movement
🌐 General context:
- BONK is trending across Telegram, Discord, and Twitter/X
- The DOGE, SHIB, and PEPE communities are joining the BONK wave, reflecting collective momentum across the meme coin sector
- The continuous integration of BONK into the Solana ecosystem, with partnerships in DeFi, NFT, and gaming, gives it a real competitive edge
📊 Forecast:
- If resistance at $0.000030 is breached, we might see a return to the previous peak at $0.00004075, and possibly beyond
- Analysts indicate that BONK may be at the beginning of a new bullish cycle, driven by whales, community, and fundamental data
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The conclusion?
BONK is not just another meme coin – it is a token driven by whales, data, and community.
If the momentum continues, we could witness one of the most exciting parabolic moves this season.
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