$BONK is nearing a major milestone of 1 million holders, with a planned burn of 1 trillion tokens ahead. This move aligns with its deflationary model and could impact price dynamics.
The price is currently trading between key levels of $0.0000267 (support) and $0.00003 (resistance), with increasing volume pointing to growing interest. July saw a 46% surge, followed by some profit-taking and large holders moving assets across exchanges. Despite this, there’s clear institutional interest, including attention from Grayscale, which adds weight to the bullish case.
Investor strategies include using dollar-cost averaging during dips while keeping risk in check. Watching major token transfers and upcoming burns is essential, as reduced supply could support upward price movement.
Community sentiment remains strong, with high engagement and close tracking of whale activity.
Are you ready to ride the momentum or staying on the sidelines?