BONK Token Surges 11.69% After 1 Trillion Burn and 1 Million Holders Milestone on Binance

BONKUSDT has experienced a strong price increase of 11.69% over the last 24 hours, with the current price at 0.00002064 USDT on Binance. This surge is attributed to several factors: BONK recently surpassed 1 million holders and completed a burn of over 1 trillion tokens, increasing scarcity and investor interest. Positive market sentiment has been further supported by a broader recovery in the crypto market, particularly among meme coins, and a notable rise in Bitcoin. Technical breakouts above previous resistance levels and high trading volumes have contributed to the bullish momentum.

Currently, BONK's market capitalization is estimated between $1.32 billion and $1.63 billion, with 24-hour trading volume ranging from $526.77 million to $777.18 million. The asset has shown strong upward movement, reflecting increased market participation and renewed confidence in the Solana-based meme coin.