BONK Surges 4.73% as 1 Trillion Token Burn and 1 Million Holders Drive Momentum

BONKUSDT has experienced a 4.73% price increase over the last 24 hours, trading at 0.00002302 USDT on Binance. This upward movement is primarily attributed to renewed investor interest following the announcement of a planned 1 trillion BONK token burn and the ecosystem surpassing 1 million holders. Additional momentum has come from the LetsBONK launchpad on Solana overtaking competitors in daily token launches and trading volume, as well as broader bullish sentiment in the meme coin sector. Technical indicators have shown bullish signals, and recent price action has seen BONK recover significantly from recent lows, further supported by high trading volumes exceeding $1 billion in the past day. The circulating supply stands at approximately 80.54 trillion BONK, with a market capitalization near $1.82 billion, ranking it 44th on CoinMarketCap.