Bonk is back in the spotlight after a powerful rally this July. The Solana-based meme coin surged more than 20% in just seven days, pushing its market cap to an impressive $2.9 billion.
$BONK now ranks as the fourth-largest meme coin behind only Dogecoin, Shiba Inu, and Pepe.
With Bonk Bot revenue recently hitting over $1 million in a single day, community engagement booming, and a massive token burn on the horizon, some analysts believe $BONK could be the best meme coin to buy now and potentially flip $PEPE during the next market rally.
Source – 99Bitcoins YouTube Channel
Bonk Bot Revenue, Community Hype, and On-Chain Metrics
Meme coin mania is resurging across the crypto landscape. With Bitcoin pushing new highs and Ethereum retesting the $3,200 level, coins like $BONK are riding the momentum. According to CoinMarketCap, Bonk has rapidly gained rank, reflecting growing demand and speculation.
Key bullish catalysts include:
- The Bonk Bot trading tool generated $1.01 million in 24-hour revenue, almost twice as much as Pump.fun’s $579,000.
- Bonk’s official X account boasts nearly 500,000 followers, with engagement levels soaring thanks to meme competitions, giveaways, and viral hashtags.
- Network data reveals growing adoption, with $BONK approaching 1 million holders. Once this milestone is reached, the team plans to burn 1 trillion tokens.
This surge in users and community activity has made Bonk a standout in the meme coin space and one of the best new crypto coins to buy now for momentum traders.
Bonk (BONK) Price Analysis
$BONK has recently broken out from a consolidation range around $0.000022, rising sharply above $0.000030 and currently trading just below the key level of $0.000037.
This resistance area has become both technically and psychologically important, as the price has begun to stall after its strong upward move.
Since July 12, the token has maintained a bullish trajectory, climbing from approximately $0.00002200 to a peak near $0.00003700, supported by a pattern of higher highs and higher lows, which indicates sustained buying pressure.
A notable surge occurred on July 16, when $BONK spiked from around $0.00003000 to just under $0.00003700 in a few hours. At present, the price sits near $0.00003662, slightly below resistance.
Multiple rejections at the $0.00003700 mark suggest the presence of active sellers, causing minor pullbacks. Still, the broader trend remains positive.
Short-term support is now seen at approximately $0.00003500, a level that previously acted as resistance. A stronger support zone lies between $0.00003000 and $0.00003100, where the price stabilized before the breakout.
These areas are likely to attract buyers again should the market retrace. A decisive break above $0.00003700 could pave the way for a move toward $0.00004500, with further upside potential up to $0.00006500 if bullish momentum accelerates.
While trading volume has remained steady through the recent rally, a slight dip near current levels may signal short-term fatigue or a period of consolidation.
Why Analysts Say Bonk Could Lead the Next Meme Coin Rally
Sentiment around $BONK is increasingly positive. The coin is now regarded as one of the top meme coins with real 20x upside potential, thanks to its utility, strong community, and deflationary burn strategy.
Influencers and traders have begun expressing strong bullishness. Many are highlighting $BONK’s on-chain utility, including tools like Bonk Bot, which is fueling real user engagement. This kind of utility is uncommon among meme coins.
As one analyst put it, “Alt season is being rebranded to Bonk season.” And it’s not just hype. Across crypto communities, $BONK is being embraced as more than a meme. It is gaining traction as a growing movement.
On X, thesolanapost, a notable account with over 24,000 followers, shared that $BONK has overtaken Polygon ($MATIC) in market cap.
In a separate post, they also pointed out that $BONK has surpassed both Mantle ($MNT) and Algorand ($ALGO). These achievements are fueling excitement across the community and reinforcing $BONK’s rapidly growing presence in the broader crypto market.
Bitcoin Hyper: A Low-Cap Contender for the Best Crypto Presale to Buy Now
While Bonk captures attention at a $2.9 billion cap, early-stage investors might also want to watch Bitcoin Hyper, a new Layer 2 project for Bitcoin offering fast, low-cost transactions.
Bitcoin Hyper has already raised over $3 million. The project includes a hybrid Layer 2 ecosystem with a wallet, bridge, staking dashboard, explorer, and meme branding.
Source – Bitcoin Hyper Twitter
It supports ZK rollups, Optimistic rollups, and real-time Solana CLI deployments. Investors can earn up to 300% staking rewards, and the token is available via crypto or credit card.
Its tokenomics are split across development, treasury, marketing, staking, and CEX listings. With strong X influencer support and rising presale demand, Bitcoin Hyper could be the top crypto opportunity ahead of the next wave of listings.
Visit Bitcoin Hyper
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