The bullish trend in memecoins continues as the altcoin market appears ready to take the lead. Bonk<\/strong>, the memecoin on the Solana<\/a> blockchain, has recorded an impressive surge of more than 30%<\/strong> over the last 24 hours, propelling it to the top of the cryptocurrency<\/a> top 100 rankings.<\/p>\n\n\n\n This performance from Bonk (BONK) comes amid a spectacular memecoin rally, with its price jumping more than 140%<\/strong> over the past month. The Solana-based cryptocurrency has even gained more than 93%<\/strong> in just the past week alone, rising from $0.000019<\/strong> to peaks of $0.000040<\/strong>.<\/p>\n\n\n\n After trading at low levels of $0.000012<\/strong> in late June, and even dropping to $0.0000095<\/strong> in April, Bonk has now broken through a key resistance level around $0.000023<\/strong>. The previous November 2024 peak of $0.000054<\/strong> is now within sight.<\/p>\n\n\n\nSpeculative Interest Clearly on the Rise<\/h2>\n\n\n\n