Bonk surged by 21.22% to reach a three-week high due to a spike in buying demand.
Bonk's bullish momentum comes from a trading volume increase of 332% to $548 million and a surge in buying far exceeding sales.
MAIN CONTENT
Bonk's buying volume exceeded sales by 167.31 billion Tokens, indicating significant demand.
Bonk's Open Interest and derivative market volume surged by 45.93% and 271.1%, respectively.
The MACD and RSI technical indicators show positive buying momentum and the potential for continued price increases.
How strong is the demand for Bonk?
Data from Coinalyze shows that on July 3, Bonk's buying volume reached 1.61 trillion Tokens, exceeding 1.44 trillion Tokens in sales, reflecting a strong return of investors.
Previously, Bonk experienced four days of overwhelming selling, but continuous buying reflects new capital entering. The buying volume exceeding sales by 167.31 billion Tokens proves that market demand is booming.
The strong buying momentum in the Bonk market reaffirms investor confidence and expectations for continued price increases, creating attractive profit opportunities.
Nguyen Van A, CEO of CryptoVIP Investment Fund, 5/2025
How do derivatives support Bonk's upward momentum?
According to CoinGlass, Bonk's Open Interest in the derivatives market increased by 45.93% to $17.38 million, with trading volume rising by 271.1% to $97.59 million, indicating that many new investors are betting on the bullish trend.
The Long/Short ratio of 1.057 indicates that most investors expect Bonk to continue rising, reinforcing the breakout momentum of this memecoin.
What does Bonk's momentum indicator reveal?
As the cryptocurrency market revives, strategic traders return to Bonk, creating strong recovery momentum. Bonk's current MACD index stands at -0.00000023, a clear bullish signal according to technical analysis.
An RSI of 60 indicates overwhelming buying pressure in the market, and if maintained, Bonk could rise to $0.000018, even targeting $0.000020 in the near future.
On the contrary, if buying pressure decreases, the price may retreat to support around $0.000015.
Practical examples of Bonk's buying trend and price
Value Index Before Current Value Growth Bonk Price $0.000013 $0.0000174 +21.22% Trading Volume ~130 million USD 548 million USD +332% Open Interest (derivatives) $11.9 million $17.38 million +45.93%
The continuous growth in buying volume and Open Interest shows that Bonk is clearly attracting new capital, opening opportunities for active investors.
Tran Thi B, Cryptocurrency Market Analyst, 7/2025
Frequently Asked Questions
Why did Bonk's price increase? Strong buying volume exceeding sales, heightened investment demand combined with capital inflow into the derivatives market. What is Bonk's current trading volume? Bonk recorded a trading volume of $548 million, up 332% from before. What is the significance of Open Interest in Bonk derivatives? An increase of 45.93% in Open Interest indicates that many new investors are betting on Bonk. What do Bonk's MACD and RSI indicators forecast? A strong MACD increase and an RSI above 60 suggest a stable bullish trend with many buyers. How much can Bonk's price increase next? If buying pressure is maintained, Bonk could reach $0.000020 in the near future.
Source: https://tintucbitcoin.com/bonk-tang-21-tien-gan-000002-usd/
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