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The Bonk price soared 19% in the last 24 hours to trade at $0.00003349 as of 7:36 a.m. EST as investors rush to buy the meme coin.
The BONK price has been on a tear in the past month, with its price skyrocketing more than 114% during this period. A large percentage of these gains happened in the last week, when the altcoin’s price surged more than 55%.
Bonk Price In A Steep Uptrend, Can It Continue Climbing?
Daily chart for BONK/USD (Source: GeckoTerminal)
The Bonk price has been in a strong uptrend over the past few days, printing a series of higher highs and higher lows to form an ascending price channel, data from GeckoTerminal shows. Should this trend continue, the meme coin could soon flip the approaching resistance at $0.00003433 into support. Thereafter, BONK might soar to as high as $0.00004045.
However, a rejection from the $0.00003433 barrier could trigger some panic selling from traders trying to cash in their profits before a potential drop. If this potential sell volume spooks the market, the Bonk price might end up falling out of its bullish channel and testing the $0.00002838 support.
Thereafter, continued bearish pressure could lead to a drop to $0.00002278.
Bulls Maintain Control Of The Bonk Price, But Dwindling Volumes Could Be An Early Warning
Technical indicators on the daily chart suggest the Bonk price might keep riding its bullish wave to extend the ascending channel. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) show bulls are still in control.
In the last 24 hours, the MACD line has started to rise above the MACD Signal line. This is usually seen as a sign of strengthening bullish momentum, and is a good indication that BONK will likely continue to trade in the rising channel over the next 24 hours.
RSI readings have also soared in the last couple of days. So much so that the indicator is now above 80, warning that the Bonk price might be overbought. Although some traders could end up identifying these conditions as a sell signal, it’s not unusual for the RSI to remain high for sustained periods of time when a crypto is pumping.
The combination of the ascending channel and the strengthening bullish momentum suggest traders might wait a bit before acting on the RSI readings. They will likely wait to see how BONK reacts around the aforementioned $0.00003433 resistance before making their next move.
Traders will just want to note that there has been a drop in buy volume in the last couple of days, which could be an early warning sign of a bearish trend reversal unless buyers flood the crypto’s order books in the next 24 hours.
As the Bonk price nears resistance, a new meme coin rival called TOKEN6900 (T6900) has also caught investors’ eye as it looks to become the next SPX6900.
Several experts have shared their bullish outlook for the project as well. Among them is YouTuber Jacob Crypto Bury, who told his over 56.9K subscribers in a recent video that T6900 could soar 10X after launch.
A True Meme Coin Play
Over recent weeks, there has been a surge in meme coins that come with some form of utility, whether it be AI, platform discounts or even access to high staking rewards or governance. However, TOKEN6900 pays homage to the complete lack of utility and community-centric nature that made the meme coin space so popular.
The team has made it abundantly clear that TOKEN6900 has no utility. T6900 does not introduce a new powerful technology or the next breakthrough in AI. The project also does not track GDP, corporate earnings, or oil prices. Instead, TOKEN6900 rides what its team calls “Vibe Liquidity,” and aims to become a tradable ticker for the collective brain rot in the market.
LMAOOOOO my metamask just did a lil cartwheel 😭😭 pic.twitter.com/KILCoYzIvu
— Token6900 (@Token_6900) July 16, 2025
A standout attribute of TOKEN6900 is its high levels of transparency. With 80% of the token’s total supply made available during the public presale, TOKEN6900 has fairness written all over it.
There have also been no behind-the-scenes VC deals, and the team’s decimal-point allocation is locked up for 5 years.
T6900 Presale Charges Toward $1 Million
Investors are buying into TOKEN6900 despite its lack of utility. So far, more than $588K in early-stage funding has been pumped into the ongoing ICO.
T6900 tokens are on sale for $0.0066 apiece via the widget on its website using either crypto or bank card. Tokens can also be staked for a 100% APY.
Interested investors should buy before a price hike in less than 2 days.
Check out T6900 on its official website.
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