BONK, the Solana-based dog-themed memecoin, is back in focus after surging over 50% in the past seven days. It’s currently trading around $0.000022, with strong bullish momentum building behind the scenes.
The main catalyst? Mounting speculation around a 2x leveraged BONK ETF. Tuttle Capital Management recently confirmed July 16 as the earliest possible launch date, pending regulatory approval. This has fueled investor optimism, pushing both price and trading volume sharply higher.
In the last 24 hours alone, BONK's trading volume has jumped over 75%, topping $3 trillion. A simultaneous surge in price and volume typically signals growing market interest and strengthens the bullish outlook.
If this momentum holds and ETF expectations remain intact, BONK could see further upside in the coming days. A short-term target sits around $0.000025, especially if buyer pressure continues to build.
The main catalyst? Mounting speculation around a 2x leveraged BONK ETF. Tuttle Capital Management recently confirmed July 16 as the earliest possible launch date, pending regulatory approval. This has fueled investor optimism, pushing both price and trading volume sharply higher.
In the last 24 hours alone, BONK's trading volume has jumped over 75%, topping $3 trillion. A simultaneous surge in price and volume typically signals growing market interest and strengthens the bullish outlook.
If this momentum holds and ETF expectations remain intact, BONK could see further upside in the coming days. A short-term target sits around $0.000025, especially if buyer pressure continues to build.
Full story here beincrypto.com/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Full story here beincrypto.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.