Conventional Market:
🚀 News that could make $BONK rise
🔥 Burn of 1 billion tokens
- A massive burn of BONK is about to happen, around 1 billion tokens will be removed from the market.
- This reduces the supply and can increase the value, especially if there is growing demand.
🧠 Accumulation by 'smart money'
- Institutional wallets and experienced investors are accumulating BONK; the volume has increased by +594% since June.
- This indicates confidence in the project and may attract more investors.
🏦 Grayscale added BONK to its watchlist
- The Grayscale manager, known for institutional funds, has placed BONK on its official watchlist for the 3rd quarter of 2025.
- This increases the legitimacy of the token and may open doors for future integrations into funds.
🎮 Expansion in the Solana ecosystem
- BONK already has over 110 integrations in DeFi platforms, games, and wallets.
- The community is active and engaged, which strengthens the project.
📊 Positive technical signals
- The chart shows a golden cross (50-day moving average crossing above the 200-day) - a classic sign of an upward trend.
- Stabilized RSI and consolidation structure indicate that buyers are still in control.