BONK's breakout targets a 271% rally—will buyers step in, or is another drop coming? Traders

Open interest in meme coin futures has significantly decreased as prices have dropped, sparking a debate about the sector's future. What Happened: In a post on X on Feb 19, Glassnode data shows the decrease, with Dogecoin (CRYPTO: DOGE) open interest down by 58.45%, falling from $3.58 billion on Dec. 9, 2024 to $1.49 billion recently.

Bonk has created history with its mind blowing hold over the world. The financial system was revolutionized when Bonk started climbing the ladder.

Despite a 54% decline in BONK's monthly price, analysts see potential for a reversal if the token holds the $0.0000091 support level.

Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.

BONK saw its price structure break, and this could have a significant impact on the memecoin's market.

Prominent trader Unipcs believes meme coins have a history of explosive comebacks when least expected, suggesting a meme coin comeback could be around the corner. What Happened: The trader argued in a post on X on Friday that the risk/reward (R/R) ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.

Solana's BONK is demonstrating remarkable stability, holding its support amid ongoing market fluctuations. At the same time, whispers of a revolutionary rival altcoin are growing louder—one that is ambitiously targeting a 44,000% surge.

Airdrops have become a staple method for new projects to distribute tokens freely, aiming to attract users and increase engagement. The cryptocurrency world witnessed one buzziest airdrop of recent times-Bonk(BONK), a meme coin that burst onto the scene within the Solana ecosystem.

Popular Solana-based meme coin BONK has just flashed a major buy signal following a dramatic 40% price crash over the past week. The TD Sequential indicator, a technical tool for identifying trend exhaustion and price reversals, suggests that the meme coin may be gearing up for a strong rebound to new highs.

BONK's price action might go in either direction, depending on a few key things.

Despite recent corrections, the crypto market has highlighted four emerging Solana rivals showing strong growth. These altcoins have demonstrated resilience, attracting significant attention for their potential price movements.

As sellers dominate the meme coin segment, BONK price crashed to a new low in 2025. Will the falling prices take a quick turnaround or is a 36% downfall inevitable?

BONK burns 2 trillion tokens in a $34M event, but prices keep sliding.

Despite massive token burns, Bonk (CRYPTO: BONK) is down 30% over the past week. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00001755 $1.35 billion -0.3% -32% Floki (CRYPTO: FLOKI) $0.00009063 $871 million -2% -31.1% Dogwifhat (CRYPTO: WIF) $0.7421 $741.4 million -5% -39.8% Trader Notes: Crypto trader Nebraskangooner notes that Bonk's chart forming a "squiggly line" pattern, while analyst Ali Martinez sees a buy signal on the daily chart, signaling a potential price recovery.

After a year of explosive price growth, the Solana based meme coin, BONK, has wiped out all of its 2024 gains, retracing approximately 76% from its peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying opportunity for investors rather than a cause for concern.

BONK price found support at $0.000018 on Wednesday, as the crypto market continued to battle the fallout from escalating tensions between the US and China over trade tariffs. With Solana memecoin markets plunging by another 11.4%, the broader trend appears bearish, posing a significant downside risk for BONK.

BONK shows potential for a market rally as sentiment begins to shift.

A project focused on the meme coin market called the Doge Jones Industrial Average (CRYPTO: DJI) has announced the beta launch of its new DJI App, a self-custody index platform designed for meme coins. The platform, which is now live, enables users to buy, hold,and manage an index of these digital assets directly.

Solana (SOL) drops to $200 as traders shift focus from BONK to emerging altcoin DTX, now trading at $0.16. Discover the potential of DTX tokens on the DTX Exchange.

Solana meme coins WIF and BONK continue to struggle, reflecting the broader downturn in the sector. WIF has dropped to nearly $1, its lowest level in eight months, while BONK risks testing key support levels as its EMA lines signal a continued downtrend.

BONK price rose to $0.25 on Friday, up 9% in the last 3 days as bulls regained control after a rut of 7 consecutive losing days last week. While technical indicators showing further upside potential, TRUMP ton BONK price rebound begins after week-long losing streak BONK price experienced intense volatility as Solana's memecoin ecosystem became

Solana's (CRYPTO: SOL) leading meme coin, Bonk (CRYPTO: BONK), has seen a price dip, but traders continue to emphasize its strong fundamentals and potential for a major rally. What Happened: Crypto trader Unipcs argued on Thursday on X that there's no reason to be bearish on BONK at current levels, citing multiple bullish catalysts.

The tussle between DOGE, BONK, and DTX leaves experts questioning the price hikes these can achieve after ETF approval. DTX, BONK, and Dogecoin prices are sure to shoot.

While the global cryptocurrency market rebounds from a recent decline, as the market cap rises by almost 2%, Bonk (BONK), the pioneering dog-themed coin on the Solana blockchain, has experienced a notable price decrease. As of January 29, 2025, BONK is priced at $0.00002531, reflecting a drop of 17.60% in the last week.

Eric Balchunas, a senior Bloomberg ETF analyst, has suggested that the potential for a Bonk 2x ETF remains strong.

The ETF Store president Nate Geraci believes that memecoins would take “questionable investments packaged into exchange-traded funds (ETFs)” to an entirely new level.

Although Bitcoin and Ethereum rule the crypto market, smart investors know that the lesser-known tokens with great fundamentals always have the most growth. There are relatively low-risk altcoins like Rexas Finance (RXS), Dogecoin (DOGE),

Tuttle Capital Management has filed for several exotic leveraged cryptocurrency ETFs that are seemingly meant to test the boundaries of the new SEC leadership.

A leveraged ETF uses financial derivatives and debt to amplify the daily returns of the underlying security.

The approval of the first memecoin ETFs is more likely after the departure of former SEC chair Gary Gensler, regulatory experts told Cointelegraph.

BONK has surged 12% in the past 24 hours, driven by renewed investor interest after REX Shares filed for an ETF application.

With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.

DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.

Amid the fervor generated by the latest launches of President Donald Trump and First Lady Melania's memecoins, REX Shares and Osprey, have captured attention by submitting filings for ETFs associated with several of the most popular cryptos: TRUMP, Bonk Inu (BONK), and Dogecoin (DOGE).

In a bold move following Trump's inauguration and Gensler's resignation, REXShares and Ospreys Funds have filed for multiple spot crypto ETFs, including pioneering memecoin funds.

A new ETF filing proposed to base a product on TRUMP meme tokens, though mixed with low-volatility assets like US government debt and money market funds.

Bonk (CRYPTO: BONK) is rallying following a first filing for a Bonk ETF. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003417 $2.6 billion +10.5% +25% OFFICIAL TRUMP (CRYPTO: TRUMP) $42.39 $8.5 billion +6% +552.5% Dogecoin (CRYPTO: DOGE) $0.3832 $56.6 billion +6.9% +7.4% Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim.

Rex Shares has filed for several meme coin ETFs, including TRUMP, BONK, and DOGE. The firm is also attempting to begin offering several more conventional crypto ETFs, such as Bitcoin and Ethereum.

A Miami-based investment firm with over $5 billion in assets under management, REX Shares, has filed to list a suite of cryptocurrency exchange-traded funds (ETFs) offering exposure to various altcoins, including major memecoins.

Bonk, the second-biggest meme coin on Solana, rose after Rex Shares filed for a spot exchange-traded fund. Bonk (BONK) rose by 6.5%, making it one of the best-performing Solana (SOL) meme coins.

TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.

Just a day after Donald Trump's inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins. Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.

Osprey Funds and Rex Shares are looking for the SEC's sign off for several proposals for exchange-traded funds based off of TRUMP and DOGE.

Just a day after Gary Gensler's formal exit from the SEC, a slew of meme coin ETFs have been filed.

In a recent development, asset manager REX Shares has applied for a flurry of crypto-related exchange-traded funds (ETFs) with the US Securities and Exchange Commission (SEC). The filing included applications for ETFs that will offer XRP, SOL, DOGE, and BONK to institutional investors.

The Solana-based meme coin BONK has broken a long-coming trendline for a bullish rally. Will this rally give a return of more than 100% this month?