Bonk (BONK), a prominent Solana-based meme coin, has recently garnered attention due to significant developments in the crypto market. Following the inauguration of President Donald Trump and the subsequent appointment of Mark Uyeda as the interim head of the SEC, REX Shares filed for multiple crypto exchange-traded funds (ETFs), including those for BONK, Dogecoin, and the newly introduced TRUMP coin. 
These filings mark a potential milestone, as they could lead to the first meme coin ETFs in the U.S., reflecting a shift in regulatory openness towards diverse crypto assets. Analysts are optimistic about BONK’s future, with some predicting a possible 10x increase in value, contingent upon favorable market conditions and ETF approvals. 
As of January 22, 2025, BONK is trading at approximately $0.00003337, with an intraday high of $0.00003417 and a low of $0.00003160. The coin has experienced a slight 0.02227% decrease from the previous close, indicating relative stability amid market fluctuations.
These developments suggest a promising trajectory for BONK, especially as the crypto landscape evolves under the new administration.