A simplified and updated analysis of the $BONK Bonk (BONK), the leading meme coin on the Solana network:
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🔍 Overview
The current price of BONK is approximately $0.00002560-2, with a slight increase (~+1.5%) over the last 24 hours .
The market cap reaches around **$2.6 billion**, with a daily trading volume exceeding **$1.5 billion** .
The all-time high (ATH) price was about $0.00005825 377-1 in November 2024—and the current price is about 56% lower than that .
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🚀 Recent Key Catalysts
516-0 In July, BONK surged by 158–160% in one month, supported by the launch platform LetsBonk.fun, which achieved massive revenues, surpassing Pump.Fun in trading volume on Solana .
767-0 The total number of BONK holders approached one million wallets, paving the way for a trillion-token burn process to reduce supply and stimulate price .
928-0 BONK was ranked among the leading meme token launch platforms on Solana, with widespread adoption from new projects .
1056-0 Institutional efforts increased, such as its listing on Grayscale as an ETF monitoring product, and Galaxy Digital transferring millions of BONK to Binance .
1211-0 The platform also started using a portion of its revenues to buy back BONK, adding dynamics to the circulating supply .
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