The post Bonk Is Pumping as Solaxy ICO Nears $30 Million, Tipped as the Best Crypto Presale to Buy appeared on BitcoinEthereumNews.com.

Bonk (BONK) is back in the spotlight after an explosive rally, cementing its place as one of the hottest tokens in the market this week. As Ethereum begins its own recovery, Bonk appears to be riding the wave, gaining traction among traders and meme coin enthusiasts alike. Currently trending at number two across major platforms, BONK has posted a sharp 7% gain over the past 24 hours, is up 24% on the week, and has climbed nearly 27% over the past month. With 24-hour trading volume nearing $200 million, Bonk is once again proving it’s more than just a meme—it’s a movement. While the broader crypto market is showing renewed bullish momentum—up around 2%—overall trading volume has dipped 15%. The Fear and Greed Index remains in fear territory at 27. Despite this, Bitcoin has climbed back to $85,000, and Ethereum has reclaimed the $1,600 mark. This environment has created the perfect setup for Bonk to shine. In addition to Bonk, another Solana-based meme coin is riding the rally—Solaxy, a project leveraging a Layer 2 solution that has already raised nearly $30 million. Source – 99Bitcoins YouTube Channel Bonk Price Prediction One major reason behind Bonk’s recent 30% surge is the announcement to burn a large number of tokens—280 billion BONK, to be exact. This news, combined with growing investor interest in meme coins, has pushed Bonk to new highs. The plan to burn 280 billion BONK tokens has sparked strong excitement in the Bonk community. The burn targets exactly 278,393,137,215 BONK and aims to shrink the circulating supply. The DAO collects this amount through its revenue-sharing agreement with BONKBot. BONKBot, a Telegram trading bot for Solana, charges a 1% fee on every trade. It then sends 10% of that fee directly to the BONK DAO. Community members see this burn…

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Filed under: News - @ April 13, 2025 5:18 am