$BONK BONK Jumps 20% as Memecoin Hype Grows!
BONK, a popular memecoin, surged 20% recently as excitement around memecoins continues to grow. According to CoinGecko, the total market value of memecoins has reached $60.3 billion—up 4.2% in just 24 hours. A few days ago, it was already up 25%, hitting $56 billion.
Trading volume is also high, with more than $10.7 billion traded in the last 24 hours—showing strong interest.
BONK’s Recent Performance
BONK is up 35.5% this week alone, bringing its market value to $1.25 billion. It’s now ranked 78th among all cryptocurrencies. In the past 24 hours, BONK has seen $232 million in trading volume.
On the charts, BONK recently broke out of a “spreading wedge” pattern—a bullish sign that suggests prices could keep rising. A technical analyst on X pointed out that BONK is also nearing its 100-day moving average, another positive sign for bulls.
If the rally continues, traders are aiming for price targets of $0.00001950, $0.0000250, and $0.0000370.
Why BONK is Rising: More Than Just Charts
BONK’s success isn’t only from trading. Its strong and active community is a big part of its growth. Over 919,000 wallets now hold BONK. Several tools and apps in the BONK ecosystem help increase its value. For example:
BONKbot and BonkEarn use fees to buy and burn BONK, reducing supply and increasing value.
BONKSol and BONKRewards reward people who stake their BONK or help the community.
BONK has also gained attention through partnerships with sports and entertainment brands like BVB, Baseball United, Karate Combat, and Crypto Fight Week. Social projects like BONKRadio and BONKForPaws help promote goodwill and community.
Decentralized teams like the Bonk DAO, Phase Labs, and BonkAdvisory are building new BONK-powered products with help from Colosseum. Projects like LiveBonk, Dragontaillucky, Moonwalkfitness, and Bonkmirror are bringing in more users and income.
#BONK🔥🔥