BONK Primed for 90% Explosion as Volume Rockets 53% – Can Solana’s Meme Monarch Topple WIF?
Solana’s meme coin darling BONK isn’t just barking—it’s roaring. With trading volume spiking 53% and a potential 90% breakout on the horizon, the crypto underdog is flipping the script.
The WIF challenger you didn’t see coming
While Wall Street hedgies obsess over ‘fundamentals,’ BONK’s chart tells a different story—one where memes morph into market-moving momentum. The Solana ecosystem’s resident jester now wears a crown, and its reign might just be getting started.
Volume doesn’t lie—but traders might
That 53% surge in trading activity? It’s either the sound of a rocket preparing for liftoff or the telltale chatter of bagholders coordinating their exit. In crypto, the line between genius and madness gets thinner by the block.
One thing’s certain: in the circus of digital assets, the clowns now drive the Lamborghinis.
Source: CoinMarketCap
$BONK’s LetsBONK Fun Launchpad Success Sparks Renewed Investors’ Attention
Since the launch of BONK’s native memecoin launchpad, LetsBONK Fun, the $BONK token has maintained steady trading activity.
A recent success story from the platform saw one of its launched tokens experience a rapid growth of over 1,400% within ten days, achieving a $100 million market valuation.
Bonk Guy does it again
USELESS +40% to $93M
Up 15x in the past 10 days… pic.twitter.com/rP8hNbFVs6
Revenue generated through LetsBONK Fun supports both the $SOL and $BONK ecosystems, with 35% explicitly allocated for $BONK token purchases and burns.
Revenue Breakdown
detailed breakdown of how revenue is used to support the $SOL and $BONK ecosystems
– $BONK buy/burn: 35%
– $BONKsol staking: 30%
– $GP Reserve: 7.6%
– Hiring/Growth: 7.6%
– Development/Integration: 7.6%
– SBR: 4%
– $BONK rewards: 4%
– Marketing: 4% pic.twitter.com/wD2VMb9sAM
These developments have boosted the utility of the $BONK meme coin, leading many investors to anticipate a particularly aggressive next price rally.
The memecoin now requires fewer than 60,000 additional on-chain holders to reach the milestone of 1 million holders, demonstrating the strong community support behind $BONK.
$BONK DAO Taps Football Hype as Futures Data Reveal BONK’s Next 60-90% Breakout Zone
The Bonk DAO continues to advocate for the broader adoption of memecoin culture in the retail sector.
In a recent initiative, they teamed up with German football giants Borussia Dortmund (BVB) for a high-profile watch party for BVB’s upcoming Club World Cup clash against Brazilian team Fluminense, featuring a $BONK mascot as the star attraction.
NYC, it’s ON
You’re invited to the BONK x BVB x Skyline watch party for BVB vs Fluminense on June 17.
Food, drinks, and BONKhttps://t.co/fUyRqCXLbi pic.twitter.com/NYWqQQYNut
$BONK futures open interest has also shown growth, according to Coinglass data, displaying a combined $10 million in open interest (OI) across OKX, Bitunix, and Gate exchanges.
Traders are eyeing a breakout above $0.000017 as a springboard toward targets of $0.000025 and $0.000037, which represent potential gains of 60% to 90% from current price levels.
Technical Analysis: Five Key Resistance Zones Identified—Can $BONK Break Through to $0.00002335?
The 4-hour $BONK/$USDT chart on Binance displays a bullish breakout pattern developing from a well-defined falling wedge formation.
This technical pattern, generally regarded as a bullish reversal indicator, demonstrates price action contracting downward between two converging trend lines before breaking upward.
After weeks of sustained downward momentum, $BONK has successfully broken through the upper resistance of the wedge with increased volume, suggesting a possible shift in market dynamics.
The breakout currently targets a projected price appreciation of approximately 49.88%, representing a potential MOVE of 0.00000780 $USDT from the breakout level.
The chart indicates multiple sequential resistance levels, with five distinct target zones established following the breakout.
The key resistance levels to watch are $0.00001803, $0.00001929, $0.00002058, $0.00002205, and finally $0.00002335. Sellers could push back at these prices. Traders should watch them closely.
Should momentum continue and market conditions remain supportive, $BONK could advance toward higher targets in the coming days.
