{"id":510643,"date":"2025-07-14T06:30:22","date_gmt":"2025-07-14T01:00:22","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=510643"},"modified":"2025-07-13T18:24:28","modified_gmt":"2025-07-13T12:54:28","slug":"bonk-outpaces-bitcoin-doge-whats-bonk-fun-got-to-do-with-it","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bonk-outpaces-bitcoin-doge-whats-bonk-fun-got-to-do-with-it\/","title":{"rendered":"BONK outpaces Bitcoin, DOGE \u2013 What\u2019s Bonk.fun got to do with it?"},"content":{"rendered":"

Key Takeaways<\/strong><\/h2>\n

BONK\u2019s 70% rally mirrors Bonk.fun\u2019s fee surge and token buybacks. Can long-term conviction and exchange outflows push the Solana meme beyond its April ceiling?<\/em><\/p>\n

\n

Bonk [BONK]<\/a> <\/span>has stunned the market with a 70% price jump over the past 10 sessions, outshining majors like Bitcoin and Dogecoin.<\/p>\n

But what\u2019s fueling this Solana-based meme coin\u2019s momentum\u2014and can it last?<\/p>\n

Why is the BONK price rising?<\/b><\/h2>\n

This remarkable price uptick was potentially driven by a recent shift in overall market sentiment, a breakout above the descending trendline, and most importantly, the explosive growth of the Bonk.fun launchpad.<\/span><\/p>\n

Over the past week, it logged six consecutive days with fees over $1 million, peaking at $1.27 million on the 11th of July, according to DeFiLlama. In total, the platform generated $7.93 million in just seven days.<\/p>\n

\"BonkFun<\/a>
Source: X (Formerly Twitter)<\/figcaption><\/figure>\n

According to a crypto expert\/influencer, 58% of these fees go toward buying back BONK\u2014injecting steady demand, while many traders haven\u2019t yet priced in this structural tailwind.<\/span><\/p>\n

This isn\u2019t Bonk.fun\u2019s first moment.<\/p>\n

Just days ago, AMBCrypto reported that Bonk.fun had flipped<\/a> Pump.fun in daily revenue, launch volumes, and Solana-based token deployments.<\/p>\n

At the time, Bonk.fun claimed 61% of the total 24-hour launchpad revenue\u2014clearly cementing its lead.<\/p>\n

However, this strong growth has already pushed the memecoin to a key level with a history of price reversals, raising concerns about a potential price decline.<\/span><\/p>\n

BONK retests resistance with caution in the air<\/strong><\/h2>\n

At press time, BONK hovered near $0.00002508, climbing over 13% in 24 hours and clocking a 160% spike in trading volume.<\/p>\n

This notable price gain by the memecoin has even outperformed major cryptocurrencies like Bitcoin [BTC]<\/a> and Dogecoin [DOGE]<\/a>.<\/span><\/p>\n

Naturally, this burst of momentum has brought BONK back to a familiar battleground\u2014the $0.00002626 resistance level.<\/p>\n

It\u2019s the same zone where, back in April 2025, BONK surged after breaking a descending trendline only to reverse shortly after.<\/p>\n

This time, the memecoin has again broken out of a similar descending trendline and reached the same level, which is now raising the question whether history repeats itself this time, or it breaks through this key resistance?<\/span><\/p>\n

\"BONK<\/a>
Source: TradingView<\/figcaption><\/figure>\n

Given the current market sentiment, if the ongoing momentum continues and the overall structure remains unchanged, BONK’s price could easily break out of this resistance level. <\/span><\/p>\n

If that happens, there is a strong possibility that the price could soar by 37% and reach the $0.0000364 level. <\/span>On the other hand, if it fails to break out, history may repeat itself and the price could dip again.<\/span><\/p>\n

At press time, BONK was trading above the 200-day Exponential Moving Average (EMA), which suggests that the asset is in an uptrend.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) stood at 70, indicating that the asset has entered overbought territory, which could potentially lead to a short-term price correction if buying momentum weakens.<\/span><\/p>\n

$1.90M tokens leave exchanges\u00a0<\/b><\/h2>\n

Despite being in overbought territory, investors and long-term holders still appear to be accumulating the meme coin. <\/span><\/p>\n

Data from CoinGlass<\/a> revealed that exchanges across the crypto landscape have recorded an outflow of over $1.88 million worth of BONK at press time, indicating potential accumulation.<\/span><\/p>\n

\"BONK<\/a>
Source: CoinGlass<\/figcaption><\/figure>\n

This outflow from exchanges suggested that buying pressure from investors and long-term holders remains strong, which appears to be a bullish sign for BONK holders.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Will BONK flip $0.00002626 or retreat again like in April?<\/p>\n","protected":false},"author":97,"featured_media":510648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[6389,5824,66,3,4,20],"tags":[],"class_list":["post-510643","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bonk-coin-news","category-memecoins","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nBONK outpaces Bitcoin, DOGE \u2013 What\u2019s Bonk.fun got to do with it? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"BONK\u2019s explosive 70% rally has brought it close to a key breakout point, with a potential upside target of $0.0000364, a further 37% gain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bonk-outpaces-bitcoin-doge-whats-bonk-fun-got-to-do-with-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BONK outpaces Bitcoin, DOGE \u2013 What\u2019s Bonk.fun got to do with it? 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