Why did $BONK surge 15% today? The truth behind it is revealed!
The cryptocurrency BONK suddenly became popular on Saturday, with its price skyrocketing by 15%!
First of all, the overall market has been warming up recently, even those meme coins are benefiting, all rising joyfully. BONK is no exception, joining the ranks of DOGE, SHIB, and PEPE, becoming the new darling of the market.
Everyone looks at this situation and believes that the bull market of 2025 seems to be continuing!
Now, let's talk about BONK's on-chain data, which reflects real money. The data shows that BONK's open interest in futures contracts surged by 26%, and derivative trading volume also skyrocketed by 62%!
This indicates that people's interest in BONK is growing stronger, and everyone is eager to get a piece of the action!
Additionally, the Bonk community recently did something significant—a large-scale token burn! This move is impressive, directly reducing the circulating tokens significantly, tightening the supply-demand relationship, and naturally driving the price up!
Therefore, considering all these factors, it's not surprising that BONK's price can rise so much today!
Speaking of the future, BONK's prospects are also viewed positively by many. Its current price has risen to $0.00003582, with a 24-hour trading volume increasing by 52%!
If BONK can close this week around $0.00003567, the future could be even more extraordinary!
Opportunities are about to arise, and in the upcoming strategic direction, I will guide everyone to aim for lucrative opportunities in altcoins, with an expected growth potential of more than 10 times, no problem. Like + comment, and I’ll take you through the entire bull market!