BONK Token Surges 9.79% on Binance Amid Bullish Momentum, 1T Burn Plan, and ETF Launch News

BONKUSDT has experienced a notable price increase of 9.79% over the past 24 hours on Binance, rising from an open of 0.00001686 to a current price of 0.00001851. The recent price surge is primarily attributed to renewed bullish sentiment following a recovery from previous lows, technical signals such as the price moving above the 20-period EMA, and anticipation surrounding upcoming developments including a planned 1 trillion BONK token burn when the holder count reaches 1 million, as well as the announcement of a 2x Long BONK ETF launch by Tuttle Capital in July 2025. These factors have driven significant trading activity, with 24-hour volumes exceeding $522 million and market capitalization estimates ranging from $1.30 to $1.37 billion. The market remains volatile, with BONK trading between $0.000016 and $0.000018 in the last day, and analysts monitoring for a potential trend reversal as bullish momentum builds.