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The Bonk price has surged 7% in the last 24 hours to trade at $0.00001628 as of 7:18 a.m. EST on a 139% jump in trading volume to $187 million.
Bonk Price Bounces Off Key Support
The BONK/USDT chart shows the meme coin is trending toward the 50-day Simple Moving Average (SMA) at $0.00001870 and a 200-day SMA at $0.00002231. That green 50-day SMA is also trending upward, signaling bullish sentiment, while the blue 200-day SMA holds steady above, acting like a resistance ceiling.
The BONK price tested this 200-day level around $0.00002578 but got rejected. However, the price is now bouncing back, hinting at a potential breakout if the momentum holds.
Zooming into the indicators, the Relative Strength Index (RSI) sits at 44.01, a neutral territory, but leaning toward bullish bias. This indicates BONK’s got room to run before hitting exhaustion.
The Moving Average Convergence Divergence (MACD) shows a slight uptick with the MACD line (blue) turning upwards, a classic signal that a potential bullish cross could be coming up.
BINKUSDT Analysis Source: Tradingview
Bonk Price Battles Key Resistance Zone
The chart has a shaded zone between $0.00001870 and 0.00002578 which is the current battleground where Bonk must overcome to make higher highs.
If BONK breaks above $0.00002578 with solid volume, we could see it soar to the 127.2% Fibonacci extension at $0.00004720. That’s a 226% increase from here.
However, investors should watch out as support sits at $0.00001086. A drop below could mean a slide to $0.00000740, so keep those stop-losses tight.
Short-term, the 7% pump and upward SMA trend suggest BONK’s got some potential left.
Long-term, it’s a meme coin, so if bullish sentiment prevails we could see $0.00003 by July 2025. But if the market turns red, expect a pullback to 0.00001250.
Solaxy Presale Soars Toward $46M – Only 7 Days Left
Even as the Bonk price gathers momentum, investors are flocking to Solaxy (SOLX), the first-ever Layer-2 solution for Solana.
With its presale crashing past $45.8 million and just 7 days left before it wraps up, this Solana-based project is shaping up to be one of 2025’s biggest launches.
The Solana network, though lightning-fast and cheap, also has its limits. During peak times, like during meme coin frenzies, the network can get clogged up, causing delays or failed transactions.
Solaxy will fix that using roll-up technology to bundle transactions off-chain before settling them on Solana’s mainnet. This results in faster, cheaper, and more reliable trades.
That feeling when you forget to stake your tokens…. 😭
That bag could’ve doubled! 🔥 pic.twitter.com/FJyRnmOMkI
— SOLAXY (@SOLAXYTOKEN) June 8, 2025
The project is already showing off real progress. Solaxy’s testnet is live, complete with a block explorer and a bridge for moving assets between Solana and Ethereum. This cross-chain feature lets developers tap into the strengths of both networks, opening the door for bold new Web3 projects.
Additionally, the developers have launched Solaxy’s Igniter Protocol, a no-code launchpad, which will let SOLX holders create their own tokens, which will be traded on the Solaxy DEX.
All tokens that complete bonding on the Igniter Protocol will automatically migrate to Solaxy DEX, something that’s bound to add fuel to the growth of the ecosystem.
Popular YouTube channel 99Bitcoins, with over 723K subscribers, called Solaxy a potential 100x gem post-launch.
Investors can buy SOLX tokens for $0.00175 each with ETH, BNB, USDT, or a card, and then stake them for a substantial 88% annual return.
Tokens are selling out fast and there are now less than 7 days left to join one of the most successful presales of the year.
Visit the Solaxy website to learn more.
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- Solana Price Prediction for Today, June 8 – SOL Technical Analysis
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- SOL Drops 4% In A Week As Traders Rush To Buy Solaxy Presale
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