{"id":235615,"date":"2025-07-03T20:21:10","date_gmt":"2025-07-03T20:21:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/235615\/"},"modified":"2025-07-03T20:21:10","modified_gmt":"2025-07-03T20:21:10","slug":"bonk-surges-21-in-24-hours-is-a-rally-to-0-00002-next","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/235615\/","title":{"rendered":"Bonk surges 21% in 24 hours: Is a rally to $0.00002 next?"},"content":{"rendered":"<ul>\n<li>Bonk rallied 21.22%, hitting a 3-week high of\u00a0 $0.0000174.\u00a0<\/li>\n<li>Buyer volume outpaced seller volume by 167.31 billion tokens.\u00a0<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/bonk-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bonk [BONK]<\/a> rallied 21.22% by bouncing off its recent bottom of $0.000013, rising to a local high of $0.0000175 by press time.\u00a0<\/p>\n<p>Over the same time, the memecoin\u2019s trading volume spiked by 332% to $548 million, reflecting considerable demand.\u00a0<\/p>\n<p><strong>Demand for Bonk soars\u00a0<\/strong><\/p>\n<p>After taking a step back in the market, buyers have returned, signalling newfound demand. On the 3rd of July, Bonk saw $1.61 trillion in buy volume compared to $1.44 trillion in sell volume, according to Coinalyze.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Bbonk_buy_vs_sell_volume_spot-2.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-507792\" class=\"wp-image-507792 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bonk sell buy volume\" width=\"1200\" height=\"800\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Bbonk_buy_vs_sell_volume_spot-2.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-507792\" class=\"wp-caption-text\">Source: Coinalyze<\/p>\n<p>The same pattern was observed the previous day, with buy volume hitting 1.21 trillion. As a result, Bonk recorded a positive buy-sell delta of 167.31 billion tokens, reflecting aggressive spot demand.\u00a0<\/p>\n<p>Before buyers stepped in, Bonk had four consecutive days of higher selling pressure, with investors selling more than they were accumulating.\u00a0<\/p>\n<p>Such significant buying activity reflects newfound demand, with investors returning to pump fresh capital.\u00a0<\/p>\n<p><strong>Derivatives swing into the pump<\/strong><\/p>\n<p>AMBCrypto\u2019s look at derivatives data showed that fresh capital was flowing into the market. According to CoinGlass, Bonk\u2019s Open Interest spiked 45.93% to $17.38 million, while volume surged 271.1% to $97.59 million.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Bonk-Derivates-data-analysis.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-507791\" class=\"wp-image-507791 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bonk Derivatives data analysis\" width=\"902\" height=\"521\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Bonk-Derivates-data-analysis.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-507791\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p>A rising Open Interest alongside volume confirms increased participation in the Futures market by new entrants.\u00a0<\/p>\n<p>At the same time, the memecoin\u2019s Long\/Short ratio spiked to 1.057, suggesting that investors were entering the market. A ratio above 1 implies most investors are actively betting on prices to continue rising.\u00a0<\/p>\n<p><strong>What are momentum indicators saying?\u00a0<\/strong><\/p>\n<p>Bonk experienced a substantial upsurge as speculative buyers returned to the market. As the cryptocurrency market recovered, investors returned to take strategic positions, fearing they would miss out (FOMO).\u00a0<\/p>\n<p>As a result, the memecoin\u2019s MACD surged to -0.00000023 at the time of writing, signalling strong upward momentum.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Bonk-MACD.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-507789\" class=\"wp-image-507789 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bonk MACD &amp; RSI\" width=\"1455\" height=\"654\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Bonk-MACD.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-507789\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p>At the same time, Bonk\u2019s Relative Strength Index (RSI) surged to 60, edging into bullish territory. The RSI at these levels suggests that buyers are currently in a position of dominance in the market.\u00a0<\/p>\n<p>If the current buying momentum holds for a sustained period, Bonk will likely reclaim $0.000018 and aim for a jump to $0.000020.\u00a0<\/p>\n<p>Conversely, if the buyer\u2019s momentum fades and profit takers overwhelm the market, Bonk will find support around $0.000015.\u00a0<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/defi-development-corp-mirrors-saylors-bitcoin-buys-is-solana-the-next-big-bet\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">DeFi Development Corp mirrors Saylor\u2019s Bitcoin buys \u2013 Is Solana the next big bet?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Bonk rallied 21.22%, hitting a 3-week high of\u00a0 $0.0000174.\u00a0 Buyer volume outpaced seller volume by 167.31 billion tokens.\u00a0&hellip;\n","protected":false},"author":2,"featured_media":235616,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-235615","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114791165780807996","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/235615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=235615"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/235615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/235616"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=235615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=235615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=235615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}