Bonk Price Prediction – Will The 1 Trillion Token Burn Push It to New Highs?
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Bonk, a top-performing meme coin on the Solana network, is regaining market attention following a wave of positive developments from its core team. Over the past week, Bonk has significantly outpaced the broader crypto market, climbing more than 13% and moving up several ranks by market cap. This renewed surge is driven by both technical momentum and a major announcement from the developers: a one trillion token burn, intended to mark the milestone of reaching nearly one million holders. This move adds to Bonk’s growing credibility as more than just a short-lived meme coin. Although the exact source of the token burn, whether from developer reserves or circulating supply, remains to be clarified, the announcement has already injected excitement into the community. Friendly reminder that The Dog will be burning 1,000,000,000,000 (that’s trillion, with a T) $BONK when it reaches 1 million onchain holders❗️❗️❗️ The Dog thinks we’ll get there very soon👀 pic.twitter.com/khXomQWFua — BONK!!! (@bonk_inu) July 6, 2025 Token burns are often used to reduce supply and theoretically increase scarcity, and in Bonk’s case, it symbolizes the team’s commitment to creating long-term value for its ecosystem. The timing of this update is especially noteworthy. After seeing local lows around the $0.000012–$0.000013 level, $BONK experienced a powerful rebound, reminiscent of previous “god candle” price spikes in April and May. With these developments aligning closely with technical support levels, many in the community see this as a turning point for the project. Source – The Crypto Mark YouTube Channel Bonk Price Prediction Bonk appears to be setting up for a potential bullish reversal following a five-week decline that ended in late June. Technical analysis suggests the recent price action could be the beginning of a larger third wave to the upside. After holding key support levels near the 78.6% Fibonacci retracement…
Filed under: News - @ July 13, 2025 10:16 am