BONK Skyrockets 48% in 3 Days : What’s Behind the Surge ?

Bonk, Solana’s Memecoin, Surges 30% and Dominates the Market

The bullish trend in memecoins continues as the altcoin market appears ready to take the lead. Bonk, the memecoin on the Solana blockchain, has recorded an impressive surge of more than 30% over the last 24 hours, propelling it to the top of the cryptocurrency top 100 rankings.

This performance from Bonk (BONK) comes amid a spectacular memecoin rally, with its price jumping more than 140% over the past month. The Solana-based cryptocurrency has even gained more than 93% in just the past week alone, rising from $0.000019 to peaks of $0.000040.

Speculative Interest Clearly on the Rise

After trading at low levels of $0.000012 in late June, and even dropping to $0.0000095 in April, Bonk has now broken through a key resistance level around $0.000023. The previous November 2024 peak of $0.000054 is now within sight.

This bullish momentum coincides with recent breakthroughs above $3,100 for Ethereum (ETH) and $170 for Solana (SOL), signaling renewed speculative appetite for major cryptocurrencies.

According to data from Coinglass, Bonk’s derivatives market has recorded a 25% increase in open interest and a 32% increase in volume. Futures contracts currently show open interest of more than $62.86 million, while derivatives volume has reached over $776 million.

The Bonkfun Platform and a Massive Token Burn

BONK’s exceptional performance comes despite the significant attention given to Pump (PUMP), the token of the Pump.fun platform, since its recent launch. A breakthrough above $0.000040 would represent the next major level that investors might watch.

The memecoin’s strength is largely attributed to its solid community and the Bonkfun platform. Indeed, the platform allows for BONK token buybacks using revenue generated from its operations.

BONK.fun has recorded a notable increase in fees this month, with more than $13.2 million collected in the first two weeks of July, compared to just $2.21 million in June 2025.

Additionally, when BONK reaches 1 million holders, the project team will perform a burn of 1 trillion tokens, which will reduce the supply and could trigger another spectacular jump. Currently, BONK has 943k holders, according to their official website.

How to Buy BONK on Bybit ?

In summary, the Bonk token on the Solana blockchain continues to impress with rapid growth and sharply increasing speculative interest, indicating solid enthusiasm from investors. At a time when altcoins seem ready to take the lead, Bonk is establishing itself as an essential figurehead in the memecoin market.

Here’s a simple guide to obtain it on Bybit :

1. Create a Bybit account : Sign up on the official Bybit website with your email address or phone number. Validate your registration via the link or code sent and complete identity verification (KYC) to access all features.
2. Deposit funds : Log in, access the “Assets” or “Deposit” section, and select a currency such as USDT, BTC, or fiat (if available). Transfer funds from an external wallet or buy directly via bank card or wire transfer.
3. Buy the memecoin : Go to the “Spot Trading” section, select the BONK/USDT or BONK/BTC pair, and place a buy order (market order for quick execution or limit order for a specific price). Confirm the transaction.

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