BONK Surges 7.85% on Binance as Trading Volume Hits $1.54B Amid ETF and Token Burn Buzz
BONKUSDT has experienced a notable price increase in the last 24 hours, with the current price on Binance at 0.00002185 USDT, up 7.85% from the 24h open of 0.00002026. The recent surge in BONK's price is attributed to renewed bullish momentum following the token's recovery above the 0.00001800 level, increased trading activity in the meme coin sector, and heightened market interest driven by news of a potential 2x Leveraged BONK ETF and the BONK DAO's announcement of a planned 1 trillion token burn upon reaching 1 million holders. Trading volume has also seen a significant rise, with recent 24-hour volume reaching approximately $1.54 billion and the circulating supply at about 77.42 trillion tokens. Overall, BONKUSDT is outperforming the broader cryptocurrency market, supported by strong demand and positive sentiment around recent developments.