BONK outpaces Bitcoin, DOGE – What’s Bonk.fun got to do with it?

With me

Bonk’s 70% rally reflects Bonk.fun’s Feet Recharge and Token Recurbacks. Can long -term beliefs and outflows move Solana Meme behind her April ceiling?

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Bonk [BONK] During the last 10 sessions, the market has amazed the 70% price price, overshadowed large companies such as Bitcoins and Dogecoin.

But what supports this momentum of the Coin coin coin based on a solan-a can last?

Why does the price grow?

This remarkable price increase was potentially powered by a recent shift in the overall market sentiment, escaping over the descending trend line, and the most important, explosive growth of bonku.Fun Launchpad.

Last week he recorded six consecutive days with fees over $ 1 million, according to Defillam, he reached a peak of $ 1.27 million 11 July. Overall, the platform has generated $ 7.93 million in just seven days.

According to a crypt specialist/influencer, 58% of these fees to buy back Bonka – including constant demand, while many traders have not yet been prices in this structural tail.

This is not the first moment of bonk.fun.

Just days ago Ambcrypto announced that Bonk.Fun had overturned Pump.fun in daily income, volume of starting and deployment of solan -based tokens.

At that time, Bonk.fun declared 61% of the total 24-hour yields for launchpad-clarifying his leadership.

However, this strong growth has already shifted memecoin to a key level with the history of price reversal, thus incurring concerns about the potential price drop.

Bonk repeats resistance with caution in the air

At the time of printing, Bonk hovered almost 0.00002508 USD, in 24 hours it rose by 13% and threw 160% increase in trading.

This remarkable price gain with memecoin even outperformed the main cryptocurrencies as Bitcoin [BTC] and Dogecoin [DOGE].

This momentum of momentum naturally brought Bonka back to a familiar battlefield – a level of resistance $ 0.00002626.

It is the same zone where in April 2025 Bonk threw himself after breaking the descending trend line to turn shortly afterwards.

This time MEMECOIN again disintegrated from a similar descending trend line and has reached the same level that now raises the question of whether history is repeated this time or will this key resistance break?

Due to the current sentiment on the market, if the ongoing momentum continues and the overall structure remains unchanged, the Bonka price could easily break free from this level of resistance.

If this happens, there is a strong possibility that the price could rise by 37% and reach a level of $ 0.0000364. On the other hand, if it fails to break out, history can repeat and the price could dive.

At the time of the press, Bonk traded above 200 -day exponential gliding average (EMA), suggesting that the asset is in UPTREND.

Meanwhile, the Relative Force Index (RSI) 70 indicated that the asset has entered the territory of the transferred territory, which could potentially lead to short -term price correction if the purchase of momentum weakens.

Token exchange of $ 1.90 million

Although investors and long -term holders in an exaggerated area still seem to accumulate a coin of meme.

Data from Coinglass He revealed that the exchanges in the crypto landscape have seen more than $ 1.88 million during the press, suggesting potential accumulation.

This outflow of exchanges indicated that purchasing pressure from investors and long -term holders remains strong, which seems to be a bull for the side holders.