🚀 "Bonk (BONK) Climbs Back Above $0.000027 as Meme Momentum Revives"
🔹 Quick Stats (August 2025)
Price: ~$0.000027 USD, up ~11–12% over the past 24 hours
Market Cap: ~$2.1 billion (circulating supply ~77 trillion of 88.8 trillion max)
Volume (24h): ~$730 million (~35% of market cap)
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🔧 What Is BONK?
BONK is a Solana-based meme coin, branded as a dog-themed, community-first alternative symbolizing unity post-FTX collapse. It was launched in December 2022 with 50% of its supply airdropped to the Solana community. BONK has evolved into a token integrated across NFT platforms, DeFi projects, and social Web3 tools, with a burning mechanism targeting long-term token scarcity.
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📈 Highlights
Strong recent gains: Up ~11% in 24 hours and ~13% for the week, outperforming several memecoin peers.
Volatile swings driven by institutional activity: Early August saw a 6–8% drop from sellers testing support near $0.000024.
Whales accumulating: Some technical indicators point to a bullish setup, suggesting potential rebound toward resistance near $0.000040.
Corporate treasury movement: Nasdaq-listed Safety Shot invested $25 million in BONK to bolster its Bonk.fun launchpad and will reinvest platform revenues, signaling institutional adoption.
Meme market positioning: Analysts view Bonk as Solana’s standout meme token—earning attention beyond its peers.
> Disclaimer: For educational use only—not financial advice.
