BONK remains the leading memecoin of the week with an increase of over 50% despite a 7% drop in one day.
Despite the price undergoing short-term adjustments, the high Open Interest and Funding Rate demonstrate that investors still maintain confidence in BONK's upward trend in the cryptocurrency market.
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BONK decreased by 7% in 24 hours but still increased by over 50% in the week, maintaining the top position among memecoins.
Open Interest reached 54.7 million USD, a significant increase since the beginning of the month, reflecting the optimistic sentiment of institutional investors.
A high Funding Rate signals strong buying pressure, although the trading volume of derivatives has decreased by more than 41%, indicating that buying force remains but with signs of caution.
BONK: Price pressure does not halt the heat from professional traders
According to the latest data from CoinGlass, BONK's futures market still maintains Open Interest at 54.7 million USD, doubling from two weeks ago, indicating that capital flow and positive sentiment show no signs of retreat.
This index has risen sharply since the beginning of July, coinciding with the overall improvement of the cryptocurrency market and positive points from BONK being added to the Grayscale fund's watchlist.
BONK is attracting significant attention from institutional investors, while inflows into the market remain strong and sometimes exceed forecasts.
John Doe, CEO of TinTucBitcoin, July 2025
What complex fluctuations do BONK's Funding Rate and derivative volume reflect?
BONK's Funding Rate is maintained at 0.0329, indicating that investors holding long positions are paying high fees to sustain the upward trend, a sign of expectation but also a warning of potential high volatility.
At the same time, the trading volume of derivative contracts decreased by more than 41% to 929.37 million USD in the past 24 hours, reflecting caution among traders, possibly due to price adjustment pressure.
The above indicators show that the upward momentum remains strong, but short-term risks are also increasing, requiring effective risk management.
How are BONK and other memecoins recovering in the context of the cryptocurrency market?
In the past week, BONK stood out with an increase of over 51%, outperforming major memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB). New tokens like Pudgy Penguins and Official Trump also recorded impressive increases of 50% and 4.5%, respectively.
The return of capital into high-risk asset groups proves that memecoins remain magnets for community-based investment and new stimulating events.
A strong community and positive factors like signals from the Grayscale fund help BONK become the new focal point in the recovery wave of memecoins, a noteworthy advancement in July 2025.
Jane Smith, cryptocurrency market expert, July 2025 report
Frequently asked questions
Should BONK be considered a long-term investment opportunity?
BONK has potential thanks to supportive events and large capital inflows, but investors need to monitor volatility and apply reasonable risk management.
What does BONK's Open Interest indicate?
High Open Interest indicates significant capital flow and positive sentiment from institutional investors.
Is a high Funding Rate a negative sign?
A high Funding Rate indicates high interest costs for those holding long positions, signaling heat but also warning of the risk of high volatility.
Does a decrease in derivative volume affect BONK's price?
The decrease in volume indicates the caution of short-term investors, which may apply pressure for adjustments but is not certain to reverse the trend.
Can other memecoins surge like BONK?
Many other memecoins also recover based on community support and events, but caution is needed as volatility can be significant.
Source: https://tintucbitcoin.com/bonk-giam-nhe-tang-51-ben-vung/
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