cryptonews 2025-07-07 16:09:40

Bonk Price Prediction: BONK Soars 25% in 24 Hours, Flips Pump.fun in Volume – $1 BONK Incoming?

Recently-launched platform LetsBONK.fun has become the first meme coin launchpad on Solana to flip Pump.fun in volume, adding weight to bullish BONK price forecasts . This surge came alongside a 25% jump within 24 hours over the weekend, breaking the persistent downtrend that has capped the meme coin since mid-May. With the “Liberation Day” tariff pause deadline extended to August 1 and expectations of 0.25%–1% rate cuts starting as early as July, macro FUD giving way to risk-on sentiment. UPDATE: Most major banks now expect the Fed to cut rates by 25–100bps starting as early as July, while a few still see no cuts in 2025. pic.twitter.com/rjnPVpIMYM — Cointelegraph (@Cointelegraph) June 30, 2025 LetsBONK Flips Pump.fun: What it Means for BONK LetsBONK has become the first to dethrone Solana-based meme coin launchpad leader Pump.fun since it launched, with more daily meme coin launches, graduations, and volume. According to a Dune Analytics Dashboard , LetsBONK overtook Pump.fun in 24-hour token launches early Sunday, with its lead widening to 9,570 tokens into Monday trading. LetsBonk.fun leads in tokens created among Solana meme coin launchpads. Source: Dune Analytics. LetsBONK also saw more graduations over the past 24 hours, with 203 compared to Pump.fun’s 58—retail liquidity appears to be flowing to LetsBONK as the current platform of choice. This surge in activity has pushed LetsBONK.fun’s market share to 54.8%, while Pump.fun has slipped to 34.9%, according to data from Solana DEX aggregator Jupiter . LetsBONK.fun leads in volume, market share among Solana meme coin launchpads. Source: Jupiter. Despite having half as many active addresses, LetsBONK logged $129 million more in 24-hour trading volume. Increasing adoption has significant implications for BONK price action. LetsBONK uses half of its platform fee revenue to buy and burn BONK tokens—adding deflationary pressure. Fee revenue is also used to buy BONKsol, a liquid staking token that generates yield that can be used to fund further token buybacks, burns, and other Bonk community initiatives. BONK Price Prediction: Can Adoption Push Bonk to $1? While the coveted $1 Bonk price target gains credibility with LetsBONK’s growing dominance and deflationary pressure, it remains a largely speculative long-term goal. Gap is widening Still a long road ahead to make sure this is a daily occurrence, but the battle is on. I also haven’t slept in 3 days so feeling it badly atm pic.twitter.com/wEkr8juIQv — Tom (@SolportTom) July 6, 2025 The current technical setup leaves room for near-term upside, with a breakout from a 6-month cup and handle pattern still unfolding. BONK / USDT 1-day chart, 6-month cup and handle pattern. Source: TradingView, Binance. Although much of the post-breakout momentum has played out, the pattern’s projected top sits 36% higher at $0.00003170 The gains might not stop there, the 1.618 Fibonacci extension at $0.0000365 seems the more natural top, bringing the gains to 57% line with historic resistance stretching back to late-2024. The MACD line points to a strong and lasting uptrend, widening its lead above the single line as bulls maintain dominance. However, caution is warranted. The RSI has pushed above the overbought threshold at 75, signaling potential buyer exhaustion. If a pullback occurs, the 0.618 Fib level at $0.0000195 offers a likely local bottom to maintain the broader breakout structure. $1 BONK Remains Distant – Here’s How to Make Faster Gains When it comes to large meme coins like BONK, gains are limited. Explosive breakouts take months to build, and pan out in days—holder spend most of their time waiting. Meanwhile, newer coins making the rounds like Aura are posting 46x gains in a single day. That’s where Snorter ($SNORT) steps in. Its purpose-built trading bot is engineered to spot early momentum, helping investors get in before the crowd—where the real gains are made. While trading bots are not a new concept, Snorter has been designed specifically for sniping with limit orders, MEV-resistant token swaps, copy trading, and even rug-pull protection. It’s one thing to get in first, it’s another thing to know when to sell—Snorter Bot can help. Sniffer Bot vs. other popular trading bots. The project is off to a strong start— $SNORT has already raised over $1.4 million in its initial presale weeks, likely driven by its high 224% APY on staking to rewards early investors. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website . The post Bonk Price Prediction: BONK Soars 25% in 24 Hours, Flips Pump.fun in Volume – $1 BONK Incoming? appeared first on Cryptonews .