🚀 BONK rises more than 15% and leads the memecoins

The Solana memecoin, BO$NK, skyrockets more than 15% in 24 hours, surpassing $0.000033.

Why is it rising?

Technical breakout: BONK broke key resistances at levels of $0.000030 and $0.000032, with strong volume of over 134 billion tokens.

Institutional interest: Its inclusion in Grayscale's watchlist boosted confidence among investors.

Strong activity in derivatives: Open Interest in futures rose from $48 million, while volume increased from $39 million to over $618 million in July.

📈 The surge is due to strong volume, institutional interest, and bullish technical signals.

🔍 Analysts see possible continuation up to $0.000040–$0.000050, although they warn about overbought conditions.

BONK demonstrates that memecoins still have strength in the 2025 market. 🐶🔥