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Today we looking for $BONK
🚀 Price Action & Market Overview
Current Price: ~$0.00003344 (approx. 8.7%–11% increase in 24 hours)
Weekly Performance: Nearly 40% rally since early July; price nearly doubled in two weeks
Support & Target: Strong support around ~$0.000030; upward target zones between $0.000035–$0.000040
💥 Key Drivers
1 Trillion Token Burn
Token burn announced once BONK hits 1 million holders. This reduces supply and could drive the price higher.
Bonk.fun Launchpad
In the last 7 days, the platform earned ~$7.9M, 58% of which was used to buy BONK tokens → steady market demand.
Ideal Technical Setup
Strong support around $0.000029–$0.000033 area; potential for breakout above.
📈 Analysis & Future Outlook
AspectInsightUtilityReal use cases growing due to token burn and launchpad activityTechnical OutlookPossible price target at $0.000035–$0.000040; downside support at $0.000030–$0.000028 RisksHigh volatility; potential for pullbacks; RSI indicates the market is often overbought
🧭 Summary
Current Trend: Clearly bullish – 40% to 70% rally in recent weeks, showing strong momentum.
What to Watch: If it holds above $0.000026–$0.000025, another jump is possible; but volatility and meme-based sentiment remain concerns.
For Buyers: Positive short-term potential due to real demand (launchpad + burn), but long-term investors should assess risk carefully.
As you said — BONK is “on fire” right now! 😉
Are you thinking of investing in BONK or watching other meme tokens too?
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