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The Bonk price has risen 6% in the last 24 hours to trade at $0.00002344 as of 4:15 a.m. EST on a 3% drop in trading volume to $1.1 billion.
The price surge propelled BONK to become the top gainer on CoinMarketCap.
Bonk Price Teases Correction After 66% Weekly Jump
The Bonk chart is showing the meme coin with bullish price action. BONK’s price has been riding an upward trend since June 22, with a recent spike pushing it past the 50-day Simple Moving Average (SMA) at $0.00001677.
The highlighted section (Fibonacci Retracement) shows potential support and resistance levels in the current rally. The price jumped from $0.00001143 to a high of $0.00002399 in the last 3 weeks.
The current price range aligns with a previous resistance level, which means Bonk may face rejection around here as traders rush to book profits.
The Relative Strength Index (RSI) at 75.82 is firmly in the overbought territory, hinting that BONK might be riding high on hype, and a pullback could happen at any time.
However, overbought conditions don’t always mean a crash; it could just mean the bulls are still in control, gunning for a final push before a heavy pullback ensues.
The Chaikin Money Flow (CMF) at 0.32 suggests steady buying pressure, supporting the thesis that although the RSI is in overbought territory, BONK may try to reach for higher highs before pulling back.
BONKUSDT Analysis Source: Tradingview
Is It Too Late To Buy Bonk?
If the BONK price holds above $0.00002339 (yesterday’s close), it could charge toward $0.00003500 or higher in the next few weeks. However, support at $0.00001929 is crucial. A dip below that, and the bears might try to push the price below $0.00001159.
In the short term, this 6% pump could be the end of the 66% weekly jump. However, capital is still flowing into Bonk, and the momentum is still strong. With the LetsBonk launchpad overtaking Pump.fun in terms of number of coins launched, fees and revenue, FOMO could push BONK to the moon.
Snorter Token (SNORT): The Meme Coin Trading Bot Taking Solana By Storm
As the Bonk price pauses to pick a direction, a new player is making waves: Snorter Token (SNORT). This Solana-based project, featuring its quirky aardvark mascot, is turning heads as its presale surpasses $1.6 million.
Snorter Token powers Snorter Bot, a Telegram-native trading tool built for meme coin degens. It’s designed to give everyday traders a fighting chance against whales and MEV bots that often dominate token launches.
With sub-second swaps on Solana’s lightning-fast blockchain, Snorter Bot lets you snipe new tokens.
🚨 Snorter Bot is now live in Best Wallet! 🚨@SnorterToken is building a powerful multi-chain Telegram trading bot designed for speed, transparency, and automation.
Snorter Bot will give users the ability to access lightning-fast trades and real-time execution directly from… pic.twitter.com/EqkWxGMcQy
— Best Wallet (@BestWalletHQ) May 28, 2025
What sets Snorter apart from other Telegram bots, such as Banana Gun or Unibot, is that it’s cheaper. Holding SNORT slashes trading fees from 1.5% to a lean 0.85%, making it one of the most cost-effective bots out there.
It also offers copy trading, so you can mirror the moves of top traders without breaking a sweat. And if you’re new to sniping, Snorter’s real-time portfolio dashboard keeps things simple, letting you track profits right in Telegram.
According to the popular YouTube channel 99Bitcoins, with over 723k subscribers, SNORT could soar 100x post-launch.
The presale price is $0.0975, and you can purchase with SOL, ETH, USDT, or a bank card. Early investors can stake their tokens for a jaw-dropping 222% APY, though that shrinks as more jump in.
With plans to expand to Ethereum, BNB Chain, and beyond, SNORT’s utility is set to grow, which could potentially drive its value higher.
Join other investors to secure tokens at a discounted rate before the next price hike occurs in under 21 hours.
Visit the Snorter Token website.
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