Why BONK Is Pumping: Coin Records 17% Price Surge Amid Memecoin Rally
Memecoins are having a big moment, and Bonk is one of the main coins catching attention. Its price has jumped sharply, helped by Bitcoin’s rally and growing excitement around Solana-based projects. The memecoin is currently hovering at $0.00001888, after an intraday spike of 17% with $1.48B in market cap and $638.48M in 24-hour trading volume.
Source: CoinMarketCap
Even though some sellers tried to pull prices down, the market stayed strong, and Bonk is still looking good for more gains.
Why BONK is Pumping? Solana Meme Coins Are Boosting
The memecoin running on the Solana network, shot up this week. It hit around $0.000020, the highest price it has seen since February. From the low point earlier this month, the coin has climbed over 127%. Traders rushed into memecoins again, and it became one of the biggest winners.
One big reason for the surge was the rise of Fartcoin, another new memecoin on Solana. Fartcoin exploded by more than 450%, and that excitement spread to other coins too. Meme coins like TRUMP, Dogwifhat, Pudgy Penguins, and Popcat also jumped by over 50% in just a few days. Although TRUMP's memecoin dropped 18% after the first rally, it still stayed strong for the week.
Because it is one of the more popular and trusted memecoins in the Solana ecosystem, it was quick to benefit from this wave of interest.
Strong Crypto Market Helping BONK Gain
Its strong price move is also tied to the larger crypto market’s rally. Bitcoin recently broke above $95,000, Ethereum moved closer to $2,000, and Solana crossed the $150 mark. When these big coins do well, smaller crypto like Bonk usually get a boost too.
Investor confidence is clearly coming back into the market. As more people feel positive about Bitcoin and Ethereum, they are also willing to invest in meme coins. This fresh wave of buying has lifted Bonk's price higher, and it could keep moving if the big players like Bitcoin stay strong.
Bonk Price Prediction: What Could Happen Next?
Looking at TradingView chart, the coin was stuck in a slow phase from August to October 2024. It then broke out in November, going up to around $0.00000600. However, after reaching that peak, the coin went through a hard correction and fell until April 2025.
Source: TradingView
Now, the crypto has shown a fresh recovery. It broke above the important $0.00001000 level and climbed close to $0.00002000 recently. A slight pullback is happening now, which shows some investors are taking profits.
Bullish Prediction: If it holds above $0.00001800 and builds strength, it could move up again toward the $0.00002500–$0.00003000 zone soon.
Bearish Prediction: If the coin falls below $0.00001800, it might drop back toward $0.00001400–$0.00001200, where it had gathered strength before.
Conclusion
The crypto's current rise is part of a bigger trend happening in the memecoin world, boosted by Solana ecosystem hype and a recovering crypto market. While the prediction is hopeful if support holds, investors should also be cautious because meme coins often move very fast in both directions.
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