BONK Inu (BONK) has emerged as a standout performer in the cryptocurrency market, experiencing a remarkable surge of over 21% during the trading session on July 3rd, positioning it as the leading gainer among the top 100 cryptocurrencies by market capitalization.
The meme-inspired token is currently priced at $0.00001689, rising from an intraday low of $0.00001568 to peak at $0.00001750, marking its highest value in the last 28 days.
Source: TradingView
This uptick follows a wave of renewed enthusiasm for risk assets, bolstered by Bitcoin’s rebound above the $110,000 mark, which has sparked a broader rally among established cryptocurrencies.
KOLs and Whales Confirm BONK Setup to Lead Crypto Market With 100%+ Potential
The momentum behind BONK has been significant, with trading volume skyrocketing by 366% to surpass $583 million in the past 24 hours.
This surge in activity has boosted BONK’s market capitalization beyond $1.3 billion, solidifying its role as the second-largest memecoin on the Solana blockchain, just behind President Trump’s memecoin (TRUMP), which boasts a market cap of $1.79 billion.
Source: CoinMarketCap
Market analysts suggest that this upward momentum may continue, as a number of crypto experts maintain a bullish outlook on the memecoin, citing considerable potential for growth.
Veteran trader Alicecrypto, who has actively participated in the crypto market since 2012, shared her analysis indicating that BONK’s recent price movements align with her expectations, forecasting a potential gain of over 100% from current levels.
Echoing this sentiment, Bluntz Capital, a memecoin trader with a following of over 322,000, expressed optimism for BONK’s prospects.
I agree with @Bluntz_Capital here: $BONK looks primed for another run.
From a PA perspective, bidding this gray box level offers the best RR for BONK, with the potential for a massive move up that leaves no clean entries after.
Adding confluence:
– Memecoins are leading rallies… https://t.co/6BpDrjigxF pic.twitter.com/V3Sh7irCla
— BrazilZZ (@xbrazilzz) July 3, 2025
While there are discussions about whether BONK can reclaim its all-time high of $0.00005916 reached in November 2024, many traders anticipate a potential increase of 100-130% from current prices.
A number of other investors are also expressing similarly optimistic projections.
Moreover, whales, project founders, and influential figures are maintaining a positive outlook on BONK’s chart, frequently querying “Wen BONK,” a phrase signaling when significant price advances may occur.
On-chain analytics have revealed that a newly established wallet has amassed $180,000 worth of BONK, indicative of typical FOMO behavior seen during upward market trends.
Additionally, Anatoly Yakovenko, the founder and CEO of Solana, has been noted interacting with BONK-related content.
the founder of Solana just said “Wen bonk”$BONK RUN INEVITABLE pic.twitter.com/BWovc5ss2s
— Cloudz (@FamousCloudzz) July 2, 2025
Solana-based LetsBONK.fun Crushes Pump.fun With 126% Volume Explosion
In a further boost for BONK, the BONK foundation’s token launchpad, LetsBONK.fun, has gained significant traction.
LetsBONK.fun has recently outperformed the OG launchpad, Pump.fun, in daily trading volume, with Pump.fun witnessing a 6.7% decrease while BONK enjoyed an impressive 126% surge.
BonkFun really flipped Pumpfun in volume
why isn't all of CT talking about this already? https://t.co/IreD8hReWb
— Unipcs (aka 'Bonk Guy') (@theunipcs) July 3, 2025
This development bodes well for BONK holders, as 50% of LetsBONK.fun’s revenue is allocated for the purchasing and burning of BONK tokens, thereby exerting positive price pressure.
The market share of Pump.fun has decreased from over 90% to 70.4%, while LetsBONK.fun’s share has increased to 13.4% of the memecoin market.
The prominent BONK advocate, known as “BONK GUY,” continues to rally the community, asserting that BONK represents the most straightforward opportunity for a $10 billion+ memecoin in the current bullish cycle.
$BONK
but i've kind of gone 'Murad mode' on BONK for the greater part of two years already
so much so that everyone now knows me as 'bonk guy'
BONK is the easiest and freest $10 billion+ memecoin play of this cycle if you ask me:
– very strong meme narrative and… https://t.co/uV2zj190xy
— Unipcs (aka 'Bonk Guy') (@theunipcs) July 2, 2025
Technical Breakout Targets $0.00003372: 100% Upside Confirmed
The daily chart for the BONK/USDT trading pair reveals a bullish breakout from a descending channel pattern, signaling a potential reversal from the previous downward trend.
With the recovery in momentum, the price has moved above key exponential moving averages (EMAs) of 20, 50, 100, and 200 days, which are now positioned below the current price at $0.00001667, suggesting a bullish crossover and robust support.
Source: TradingView
BONK is now targeting the $0.00003372 level, indicative of approximately 100% upside potential from current levels.
This target aligns with a previous high, representing the next significant resistance threshold. Enhanced trading volume affirms the legitimacy of this breakout.
If the price surpasses the initial resistance barrier around $0.00002000, an additional 72% surge is anticipated, which could propel BONK toward the $0.00005500 level.
Source: TradingView
The overall sentiment remains bullish, with sustained buying pressure expected to support continued upward movement.
However, a failure to maintain above the EMA cluster could necessitate a retest of the breakout zone before the rally can proceed.
The post BONK Leads Crypto Market with 21% Gain, As Whales Pour In $180K – Is a 100% Rally Next? appeared first on Finance Newso.
