BONK (Bonk) rose 5.85% in the last 24 hours.

Gate News Bot news, July 14, according to CoinMarketCap data, as of the time of writing, BONK (Bonk) is currently priced at $0.000027, having pumped 5.85% in the last 24 hours, with a high of $0.000028 and a low of $0.000020. The current market capitalization is approximately $2.162 billion, an increase of $120 million compared to yesterday.

BONK is a token based on the Solana blockchain. Its main projects include BONKrewards (a website that provides rewards for users who lock BONK), BONKmark (an electronic card version of BONK for easily bringing friends onto the chain), Bonk Scooper (which converts wallet tokens to BONK and closes unused accounts), BONKlive (a curated token launch pad), and BONKbets (a sports betting website/the most trusted gaming platform). BONK has also collaborated with multiple projects, such as the Moonwalk fitness app, the Exchange Art NFT marketplace, the BONK Art Master art project, the LETSBONK token launch pad, and the Buddies for Paws charity project.

Important news about BONK recently:

1️⃣ The number of token holders has surpassed 1 million, simultaneously burning trillions of tokens The number of BONK token holders has approached 1 million addresses, marking an important milestone. At the same time, the BONK community has completed the destruction of 1 trillion BONK tokens. This move is expected to reduce the token supply and may have a positive impact on the price.

2️⃣ Grayscale adds BONK to the "in development assets" list Grayscale Research, a subsidiary of Grayscale, released the "Assets in Research" list for Q3 2025, which includes BONK. This indicates that the token has attracted the attention of institutional investors and may draw in more capital.

3️⃣ Market heat continues to rise According to data from CoinMarketCap, BONK ranked first in popularity over the past 24 hours, with a price rise of 14.39%. This reflects the growing interest in BONK in the market, which may continue to support its price trend in the short term.

Technical analysis shows that the price of BONK has broken through the 23.6% Fibonacci retracement level of 0.00002095 USD and is approaching the key resistance level of 0.000025 USD formed on May 12. The price is above the 50-day and 100-day moving averages, and both the relative strength index (RSI) and the MACD indicator are showing an upward trend, indicating that bulls are in control.

This message is not an investment advice; investment should take market volatility risks into account.