🌟 BONK – Solana Memecoin is it skyrocketing this weekend?
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1. 🕒 Price & volume situation on July 6, 2025
The price is fluctuating around the mark of 0.000023–0.000025 USDT, slightly down from the peak at the end of last month (~0.000027 USDT).
The 24h volume has increased by ~15%, indicating that investor sentiment remains high around this memecoin.
2. 🔍 Some reasons why BONK is still HOT
Liquidity on Solana remains at the top: BONK leads Solana memecoins in trading volume compared to WIF, PO•P…
Positive news from last week:
Phantom wallet and Solflare have just integrated BONK in the “native tokens” section, making swapping/balancing more convenient.
Some BONK staking pools offer community members an APY of 8–12%, attracting investors looking for yield.
3. 📉 Current risks
Strong price volatility: a drop of 10–20% in a few days is normal due to the memecoin sentiment being influenced by the overall crypto market.
Dependent on the Solana trend: if SOL undergoes a deep correction, BONK is also likely to be swept along.
No strong utility beyond meme & small-scale staking – still not fully a system token like $SOL, $SRM.
4. 🧭 Opportunities & investment strategies
Day trading:
Buy in when the price drops to the range of 0.000021–0.000022 USDT, take profit when it rises back to around 0.000027–0.000028 USDT.
Stop-loss should be set at 0.000019 USDT to limit risks.
Long-term holding (several months):
Only allocate a maximum of 2–3% of the portfolio because the model still carries a speculative nature (high risk).
Combine with staking in token pools on decentralized platforms like Raydium, Orca to balance yield.
5. 🔗 Quick conclusion:
BONK remains a hot favorite among Solana memecoin fans, good volume, and integration news is spreading.
But consider the risks & have a clear entry and exit strategy, do not accumulate too early or too much.