Bootstrap
Trading Non Stop
ar | bg | cz | dk | de | el | en | es | fi | fr | in | hu | id | it | ja | kr | nl | no | pl | br | ro | ru | sk | sv | th | tr | uk | ur | vn | zh | zh-tw |

Why did the price of BONK fall?

Bonk (BONK) dropped 2.46% in the last 24 hours, underperforming the overall crypto market, which fell 0.75%. The main reasons include technical breakdowns, profit-taking by large investors, and weakening interest in Solana’s meme coin scene.

  1. Technical Weakness – BONK fell below important support levels, and indicators like MACD and RSI show momentum is fading.
  2. Selling by Big Investors – Large holders sold off BONK, and futures traders closed positions, adding downward pressure.
  3. Slowing Solana Meme Coin Activity – Investors are moving away from Solana meme coins, reducing BONK’s speculative appeal.

Deep Dive

1. Technical Breakdown (Negative Impact)

Summary: BONK fell below a key support price of $0.000020525 in the past 24 hours. The MACD indicator shows bearish momentum, and the RSI is near oversold levels but hasn’t yet signaled a bounce back.

What this means: This break ended the positive trend that started in mid-July, triggering automatic sell orders and algorithm-driven selling. The next important support level is the 200-day moving average at $0.0000193, which could help stabilize the price if tested.

Watch for: A daily close above $0.000020525 to signal a potential recovery.

2. Large Investor Selling & Futures Market Pressure (Negative Impact)

Summary: Data shows a large sale of 59.77 billion BONK tokens (about $1.19 million) on September 24, speeding up the price drop. Futures open interest (the total number of active contracts) fell by 6.66% in 24 hours, indicating traders are closing leveraged positions.

What this means: Big holders took profits after BONK’s 44% rally over the past 90 days. The drop in futures interest shows less speculative buying. Additionally, the 24-hour trading volume on spot markets fell 13.29% to $296 million, showing weaker demand from buyers looking to buy the dip.

Watch for: Exchange inflows and outflows to see if large holders start buying BONK again.

3. Shifts in Solana Meme Coin Market (Mixed Impact)

Summary: Investors are moving funds out of Solana meme coins and into Ethereum-based assets and regulated ETFs, such as those involving Dogecoin and XRP. BONK’s main ecosystem project, BonkFun, is losing ground to competitors like Pump.fun.

What this means: BONK’s success depends heavily on the hype around Solana meme coins, so it’s vulnerable when investors rotate to other sectors. The Altcoin Season Index dropped 2.86% in 24 hours, showing less appetite for smaller, riskier coins.

Watch for: Changes in Solana network activity and new meme coin launches to gauge market sentiment.

Conclusion

BONK’s recent decline is driven by profit-taking, technical selling, and reduced excitement around Solana meme coins. While BONK’s token burn plan (burning 1 trillion tokens once it reaches 1 million holders) offers long-term value potential, short-term price action depends on holding above $0.0000205 and avoiding further sell-offs.

Key point to watch: Can BONK maintain support at the 200-day moving average ($0.0000193) as competition from ETFs and other meme coins grows?


What could affect the price of BONK?

BONK’s future depends on the mix of meme coin ups and downs and growth in its ecosystem.

  1. Token Burn at 1M Holders – Could reduce supply and boost price if more people adopt it
  2. BonkFun’s Role – Successful launchpad increasing BONK’s usefulness (positive sign)
  3. ETF Speculation – Delays from regulators vs. interest from big investors (uncertain)

Deep Dive

1. Token Burn Mechanism (Positive Impact)

Overview: BONK plans to destroy (burn) 1 trillion tokens, about 1.2% of its total supply, once it reaches 1 million holders. This milestone might happen by the end of 2025 since it already has around 950,300 holders as of July 2025. Past token burns have led to price increases of 15–25% (CoinGape).

What this means: Burning tokens reduces the total supply, which can push prices up if demand stays strong. However, growth in new holders slowed down in August compared to July, which could affect timing.

2. BonkFun Ecosystem Expansion (Positive Impact)

Overview: BonkFun controls 55% of new memecoin launches on the Solana blockchain and earns about $17 million per month in fees. Half of these fees go toward buying back BONK tokens. Partnerships with platforms like Jupiter and Raydium aim to strengthen BONK’s role in decentralized finance (DeFi) by late 2025 (Yahoo Finance).

What this means: BonkFun’s success creates steady demand for BONK tokens. However, since it depends on launching new memecoins, the price can be volatile.

3. ETF Hype vs Regulatory Reality (Mixed Impact)

Overview: Tuttle Capital’s plan for a 2x leveraged BONK ETF is facing delays from the U.S. Securities and Exchange Commission (SEC). Meanwhile, spot ETFs for Dogecoin and XRP are expected to be approved around September 2025, which could improve chances for altcoin ETFs like BONK (COINOTAG).

What this means: Approval of an ETF would make BONK more attractive to big investors, but ongoing regulatory delays could slow down growth in the short term.

Conclusion

BONK’s price will likely swing between meme coin-driven ups and downs and more stable factors like token burns and ecosystem growth. The 1 million holder milestone and BonkFun’s expansion offer clear reasons for optimism, but risks remain from Solana’s overall performance and regulatory uncertainty around ETFs.

Key question to watch: Can BonkFun keep funding BONK buybacks if the SEC delays ETF approval into 2026?


What are people saying about BONK?

The BONK community is caught between excitement about the growing ecosystem and concerns over large holders selling off. Here’s what’s trending:

  1. Token burn countdown as BONK approaches 1 million holders
  2. BonkFun’s strong presence drives positive utility stories
  3. Technical tug-of-war: Fibonacci price targets vs. RSI caution signals

Deep Dive

1. @johnmorganFL: 1 trillion token burn coming – positive sign

“Bonk will burn 1 trillion tokens once it reaches 1 million holders (currently at 950,000) – a deflationary boost.”
– @johnmorganFL (89K followers · 1.2M impressions · 2025-07-08 16:41 UTC)
View original post
What this means: This is good news for BONK because reducing the supply by about 1.2% could make the tokens more scarce. However, large sell-offs by big holders, like Galaxy Digital’s $18.75 million sale, could offset this effect.

2. @genius_sirenBSC: BonkFun leads with 64% of Solana memecoin launches – neutral impact

“BonkFun handled $540 million in trading volume in July, compared to Pump.fun’s $341 million, with half of the fees used to buy back BONK tokens.”
– @genius_sirenBSC (62K followers · 850K impressions · 2025-07-06 14:41 UTC)
View original post
What this means: This is a neutral sign for BONK. BonkFun’s dominance is positive, but there’s always a risk that users might switch to competitors if they become more popular.

3. Community Analysis: Mixed technical signals

“RSI-14 at 42 (neutral), MACD has been negative since July 30, but strong Fibonacci support at $0.000025 remains.”
– CoinMarketCap Community (3.2K views · 2025-08-03 10:02 UTC)
What this means: The technical indicators send mixed messages. Some suggest downward momentum, while others point to strong price support, causing uncertainty among traders.

Conclusion

The overall outlook on BONK is mixed. The upcoming token burn and BonkFun’s large share of the Solana memecoin market provide potential for growth. However, technical indicators and large holder sell-offs add volatility. Keep an eye on the holder count (moving from 950K to 1M) and BonkFun’s daily fees (which translate to about $17 million in monthly token burns) for clues on where BONK might head next. Also, consider whether Solana’s strong Q2 revenue ($271 million) could help BONK stay above its key support level at $0.000025.


What is the latest news about BONK?

BONK is navigating the buzz around ETFs, new ecosystem developments, and changes in its token supply. Here’s the latest update:

  1. ETF Filing Creates Price Swings (September 17, 2025) – Tuttle Capital’s ETF application includes BONK, increasing interest from institutional investors.
  2. Solana Seeker Phone Boosts Use (September 19, 2025) – The new crypto-focused phone offers BONK rewards, but the impact of free token giveaways is fading.
  3. 1 Trillion Token Burn Approaching (Ongoing) – A planned burn when BONK reaches 1 million holders (currently about 950,000) could reduce supply and affect price.

In-Depth Look

1. ETF Filing Creates Price Swings (September 17, 2025)

What happened:
Tuttle Capital Management filed for Income Blast ETFs, which include BONK and other meme coins. This follows earlier ETF proposals for other cryptocurrencies like Avalanche (AVAX). Although the SEC has delayed decisions on these altcoin ETFs, these filings show growing interest from big investors in meme tokens.

What it means:
This news is somewhat positive for BONK. If ETFs get approved, it could bring more regulated money into BONK, similar to what happened with Dogecoin and XRP ETFs. However, delays and staggered reviews by the SEC mean there’s short-term uncertainty. Traders are closely watching the SEC’s next moves. (COINOTAG)

2. Solana Seeker Phone Boosts Use (September 19, 2025)

What happened:
The $500 Solana Seeker phone, the follow-up to the Saga model, has sold 150,000 units. Owners get BONK tokens through the Seeker Genesis Token NFT. However, recent free token drops are worth about $150 per phone, down from $1,400 at Saga’s peak. The phone’s app store has 141 Solana apps, but only 24 were updated in September 2025.

What it means:
This is neutral for BONK’s price. While having BONK integrated into a physical device helps real-world use, the smaller token giveaways and slow app updates limit immediate excitement. Attention is shifting to upcoming Seeker Season updates and incentives tied to the SKR token. (Weex)

3. 1 Trillion Token Burn Approaching (Ongoing)

What happened:
BONK plans to burn 1 trillion tokens (about 1.3% of total supply) once it reaches 1 million holders. Currently, there are around 950,000 holders. This burn is partly funded by fees from the LetsBonk.fun platform and aims to reduce inflation. In August 2025, 300 billion BONK tokens were already burned.

What it means:
This is a positive sign if the burn happens as planned. Burning tokens can reduce selling pressure and help support the price. However, BONK’s price has dropped 44% over the past 60 days, showing some skepticism about when the burn will occur. Key things to watch are how fast the holder count grows (about 2,000 new holders per day) and token flows on exchanges. (CoinMarketCap Analysis)

Conclusion

BONK’s future depends on a mix of ETF speculation, adoption through new hardware, and its token burn plan. While delays in ETF approvals and smaller token giveaways limit short-term gains, the burn and Solana’s growing ecosystem provide potential support. Will BONK reach 1 million holders by year-end to trigger the burn, or will fading meme interest slow things down? Keep an eye on exchange token reserves and SEC updates on ETFs.


What is expected in the development of BONK?

Bonk’s roadmap is focused on reducing token supply, expanding its ecosystem, and adding gaming features.

  1. 1 Trillion Token Burn (Q3 2025) – When the number of holders reaches 1 million, about 1.2% of tokens will be permanently removed from circulation.
  2. Bonk Arena Team Battles (September 2025) – New team-based battles and NFT weapons will be introduced to make the game more engaging.
  3. Solana DeFi Integrations (Q4 2025) – Closer connections with Solana-based platforms Jupiter and Raydium to improve liquidity and trading options.

Deep Dive

1. 1 Trillion Token Burn (Q3 2025)

Overview:
BONK will automatically burn 1 trillion tokens, which is roughly 1.2% of the tokens currently in circulation, once the number of holders reaches 1 million. As of late July 2025, there were about 950,300 holders (CoinMarketCap Community Post), so this milestone could be reached soon.

What this means:
Burning tokens reduces the total supply, which can increase the value if demand stays the same or grows. BONK has seen a 37% increase in daily active users year-over-year, which is positive. However, the growth rate of new holders slowed down in August compared to July, so the timing of the burn is uncertain.

2. Bonk Arena Team Battles (September 2025)

Overview:
The game “Bonk Arena” will add team battles and NFT-based weapons, according to developer Bravo Ready. Half of the game’s revenue will continue to be used to burn BONK tokens, keeping the game’s economy tied to the token’s value (CoinMarketCap Community Post).

What this means:
This update could help keep players interested and active, which is good for the token’s long-term health. However, memecoins like BONK can be very volatile, so the impact on the token’s value might be limited unless the game attracts a steady user base.

3. Solana DeFi Integrations (Q4 2025)

Overview:
BonkFun, the launchpad that handles 55% of Solana memecoin launches, plans to integrate more deeply with Jupiter (a decentralized exchange) and Raydium (an automated market maker). This will make it easier to manage liquidity pools and swap tokens across different platforms.

What this means:
If done well, these integrations could strengthen BONK’s position as a leading memecoin on Solana by improving how easily users can trade and use the token. However, there is some risk as users may switch platforms, as seen when 23% of BonkFun users moved from Pump.fun in July (Dune Analytics).

Conclusion

BONK’s roadmap focuses on reducing supply, adding gaming features, and deepening its ecosystem. The planned token burn and DeFi integrations could help balance out the usual ups and downs of memecoin prices. Still, the success depends on timing and how well these plans are executed. It will be interesting to see if Solana’s momentum in the fourth quarter of 2025 helps BONK grow as a utility-driven token.


What updates are there in the BONK code base?

Recent updates to Bonk’s code focus on improving tools for the community and strengthening the token’s economics.

  1. Locked Wallet Snapshots (September 11, 2025) – Weekly tracking of wallets that lock BONK tokens, helping with rewards and analysis.
  2. NFT Staking Integration (July 2025) – Users can now stake NFTs to earn BONK rewards, encouraging more participation.
  3. LetsBonk Fee Mechanism (July 2025) – 35% of platform fees are used to buy back and burn BONK tokens, reducing supply.

Deep Dive

1. Locked Wallet Snapshots (September 11, 2025)

What it is: This update automatically takes weekly “snapshots” of wallets that lock BONK tokens for 1, 3, or 6 months. This helps track which holders are committed long-term and supports planning for rewards like airdrops.
The data is stored in JSON files named locked_wallets_unique_<timestamp>_duration.json, with timestamps converted using standard epoch tools. This information is key for deciding who qualifies for special token distributions.
Why it matters: Encouraging people to lock their BONK tokens for longer periods reduces the chance they’ll sell quickly, which can help stabilize and potentially increase the token’s value. (Source)

2. NFT Staking Integration (July 2025)

What it is: Bonk partnered with Solana-based games like Bonk Arena to let users stake their NFTs (digital collectibles) in exchange for BONK rewards.
Within hours of launch, over 200,000 NFTs were staked, showing strong initial interest and linking gaming activity directly to BONK demand.
Why it matters: This adds a new way to use BONK tokens and NFTs, increasing their utility. However, the long-term impact depends on continued player engagement and game popularity. (Source)

3. LetsBonk Fee Mechanism (July 2025)

What it is: LetsBonk.fun, a platform for launching meme coins, updated its fee system so that 35% of fees go toward buying back and burning BONK tokens.
By July 2025, this burn mechanism was removing about 1 trillion BONK tokens each month, helping to reduce the total supply from its maximum of 88.3 trillion.
Why it matters: Burning tokens creates scarcity, which can increase value if demand stays steady or grows. This deflationary pressure supports BONK’s price as the platform gains users. (Source)

Conclusion

Bonk’s latest updates focus on making the token more useful, encouraging long-term holding, and reducing supply through burns. These changes aim to balance the excitement of meme coins with solid economic strategies. It will be interesting to see how these improvements affect BONK’s price stability and growth as the ecosystem develops.