BONK Token Surges 3.73% as New Trading Pair and High Volumes Drive Bullish Breakout
BONKUSDT has shown strong performance over the past 24 hours, with the price rising 3.73% to $0.00002700 on Binance. This price increase is attributed to a combination of factors, including Binance’s addition of the BONK/TRY trading pair, which has improved accessibility for Turkish users, and sustained bullish momentum highlighted in recent news and social media posts. Technical analysis indicates a recent breakout above a key downtrend resistance and a bullish reversal structure, while the broader meme coin market has experienced a surge in trading activity and valuation. High trading volumes, with over 7.8 trillion BONK traded in the last 24 hours and a reported $1.03 billion in volume, reflect strong investor interest and contribute to BONK’s positive price trend. The current market capitalization stands at approximately $2.12 billion, with BONK ranked #45 by CoinMarketCap, and the circulating supply is about 80.86 trillion coins.