BONK Surges 10%: Will Solana’s Favorite Meme Coin Reignite the Hype?

Solana's resident meme coin just woke up—and it's barking loud. BONK's 10% pump has traders wondering if this is the spark Solana's ecosystem needs.

Meme coins: the financial instruments Wall Street wishes it could ignore. Yet here we are.

While 'serious' investors clutch their pearls, BONK's rally proves one thing: in crypto, dogs still hunt. The question is whether Solana can ride this wave—or if it's just another dead cat bounce.

Besides its meme-backed hype, there’s something else that’s making people watch BONK. The team earlier said that they will burn 1 trillion tokens once the number of holders hits one million. That burn hasn’t happened yet, but it’s close. If the coin gets more buyers, the burn could happen soon which eventually sends the BONK price soaring with striking gains. 

Also Read: xrp price Eyes $3.20 as Futures OI Nears $5B with 30% Surge