Why Is BONK’s Price Up by 50% Weekly?

TL;DR

• The favored meme coin skyrocketed prior to now few days, gaining over 50% and taking pictures as much as a month-to-month peak of over $0.000022 at one level.
• Though there are not any clear bulletins from the workforce that would have fueled this huge surge, the group stays optimistic, and analysts consider extra good points are on the horizon.

It was just some weeks in the past when BONK’s worth struggled at $0.000012, and hope was fading quickly. Nonetheless, the tides turned in a spectacular method within the subsequent weeks, particularly in the previous few days, and BONK is now preventing with TRUMP for the spot of the fourth-largest meme coin by market cap.

There are not any main bulletins from the workforce that could possibly be the precise motive behind this spectacular worth surge recently. Nonetheless, the one which stands out essentially the most (however is unlikely to be associated to the worth pump) is geared toward homeowners of the Gen1 Solana Cellular system. Because it reads, the workforce urged customers to assert tokens as all unclaimed ones can be returned to the DAO for “future incentives.”

ATTENTION @solanamobile Saga homeowners❗️❗️❗️

With the launch of Solana Seeker, the Gen1 Solana Cellular system has completed it’s redemption interval and is formally discontinued. After monitoring the slowdown of claims on the $BONK App within the Solana Cellular retailer, The Saga BONK declare… pic.twitter.com/nfXYJhi9ep

— BONK!!! (@bonk_inu) July 1, 2025

Some crypto analysts on X have been fast to choose up the grand worth transfer and predicted that “it’s solely a matter of time” earlier than BONK breaks a descending trendline and heads for a brand new all-time excessive.

Regardless of its current worth surge, although, the meme coin is greater than 60% away from its ATH, which was tapped on November 20 at $0.00005825.

Though this appears like a giant job for BONK, different X customers outlined a number of causes that would propel such an enormous worth surge, together with the rising token burns and the utilization of meme coin platform – bonk_fun.

$BONK weekly quantity now are much like the swing low of April seventh, and it 3xed within the subsequent 30 days. This was when @bonk_fun wasn’t launched but.

If 26 worth resistance damaged and confirms as help, then time for $BONK to 5x to 10x within the subsequent 30 days?

Just a few catalysts for it… pic.twitter.com/H5ymExtP0V

— jim (@jimmyhumania_) July 6, 2025