BONK is back in the spotlight with a 26% weekly gain , which has attracted the attention of analysts and traders. With a wave of leveraged ETF rumors and the expected $1 trillion token burn , the Solana-based meme coin could pave the way for a new bull cycle in the sector.
Bonk sets the market alight with record volumes and growing enthusiasm
BONK confirms itself as the meme coin of the moment , with a performance that reflects an explosive mix of speculation, hype and community-oriented fundamentals . In the past week, the price has increased by 26%, while the trading volume has reached 2.9 trillion tokens . An impressive figure, fueled by two key factors: the possible launch of a 2x ETF and an imminent burn of 1 trillion tokens.
The date to mark in red is July 16 , the day on which Tuttle Capital could launch the first leveraged ETF on BONK. If confirmed, the event would represent a historic moment for the entire meme coin sector.
In parallel, the BONK ecosystem continues to evolve thanks to the LetsBONK.fun platform , which has surpassed its direct competitor Pump.fun in daily volume, with an increase of 126% . 50% of the revenue generated is in fact used to buy back and destroy BONK tokens, generating further upward pressure.
The reasons that make BONK so attractive right now include:
Deflationary Tokenomics , Thanks to Scheduled Burns
Strong and active community , with almost 1 million holders
Viral narrative , supported by key events such as ETF and LetsBONK.fun
Technical analysis also suggests a positive trend : support consolidated at $0.0000157, while the surge in volumes marked a 2.7% rebound in a few minutes. All signs that indicate a momentum that is still far from exhausting itself.
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