BONK Token Surges 10.93% on Binance Amid ETF Speculation, Record Volumes, and Near 1M Holders

BONKUSDT has experienced a notable price increase of 10.93% over the past 24 hours, rising from 0.00001638 to 0.00001817 USDT on Binance. This upward movement is primarily attributed to renewed bullish momentum following technical breakouts above key moving averages, heightened social media attention, and speculation surrounding a potential 2X BONK ETF launch by Tuttle Capital. Additional factors contributing to the surge include increased trading activity—over 2 trillion BONK traded and daily volumes exceeding $400 million—and anticipation of a significant token burn as the number of holders nears 1 million, which could impact supply dynamics.

Currently, BONKUSDT is trading at 0.00001817 with a 24-hour trading volume reported between $488 million and $625 million, and a market capitalization near $1.5 billion, reflecting strong market interest and elevated activity following recent gains.