Latest news with #BonkFun
Yahoo
18-07-2025
- Business
- Yahoo
Bonk Rallies 30% In 1 Week: Should Dogecoin, Shiba Inu Be Afraid?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bonk (CRYPTO: BONK) is up 30% over the past week, with multiple ETF filings and its low unit price stoking bullish sentiment among market Ticker Price Market Cap 7-Day Trend Bonk (CRYPTO: BONK) $0.00002874 $2.3 billion +29.4% Dogecoin (CRYPTO: DOGE) $0.1921 $28.8 billion +13.2% Shiba Inu (CRYPTO: SHIB) $0.00001306 $7.7 billion +10.9% Trader Notes: Crypto trader Degengambleeh described BONK as having graduated from meme coin status into a cultural movement. Rather than chasing hype, BONK is now expected to be a key driver of market momentum. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Osemka says BONK's recent price action was impulsive, an indication of strong bullish momentum. He expects the breakout zone between $0.000024 and $0.000026 to be retested soon. Given the heavy interaction with this range over the last year, he calls it a solid loading zone for traders seeking new trader Unipcs sees BONK's viral retail appeal and strong fundamentals as catalysts for an explosive rally. BONK is already listed on major retail and institutional platforms, giving it access to vast liquidity and creating a powerful growth flywheel. With its low unit price, it appeals to retail traders who dream of turning small bets into 'life-changing gains,' much like Shiba Inu during its parabolic bullish case is further supported by two ETF filings, which could soon provide institutional-grade exposure. According to Unipcs, a $10 billion market cap is not a question of if, but when. Statistics: Unipcs noted BONK's launchpad, BonkFun, maintained an average 67.2% market share over nine consecutive days. It generated an average of $1.2 million in daily fees, with 50% of that directed to buy-and-burn mechanisms. An additional 8% is allocated for Strategic BONK Reserves and BonkRewards, potentially driving annualized revenue of $439 million. Coinglass data also showed a 13% rise in open interest and derivatives volume, reinforcing the growing market engagement with BONK. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Bonk Rallies 30% In 1 Week: Should Dogecoin, Shiba Inu Be Afraid? originally appeared on
Yahoo
14-07-2025
- Business
- Yahoo
Binance Wallet Takes on Pump.fun and Bonk.fun With New Four.Meme Partnership
Binance will introduce a new token sale model within its Wallet, utilizing a bonding curve mechanism for price discovery in a partnership with the ecosystem that goes live on July 15. Bonding curves adjust token prices in real-time based on demand: the more that users buy, the higher the price climbs. Tokens bought during the event are non-transferable until the sale ends and buy orders can't be canceled. The announcement comes as token launchpads and see ever-growing volumes and user interest. launched in January 2024 as Solana's premier memecoin factory, handling over 11 million token creations and generating more than $800 million in fees. Its bonding-curve AMM lets anyone launch a token, locking in 80% supply to guarantee instant liquidity — instantly turning ideas into tradable coins and making 'viral memecoins' accessible with a click. has ripped to the lead, capturing over 55% of Solana's token issuances, fueled by a fee structure that directs 50% of fees to BONK buybacks and burns — which removes over $500,000 of BONK daily. Binance stated that its dynamic system will enable early participants to gain exposure before listings on Binance Alpha or DEXs. Still, it also locks capital for the duration of the event and introduces price volatility from the outset Users can exit early by selling back into the bonding curve before the event ends, assuming there's demand. Otherwise, tokens unlock at the close and can be traded freely if listed. The math is simple but risky: if the curve steepens too quickly, late entrants pay significantly more. If early participants dump, prices can collapse before listings begin. ecosystem is valued at around $368 million as of Monday, and will be the first to test the format on Binance Wallet. It may not necessarily rush to buy wherever tokens are launched. A warning on the Binance Alpha alerts users that these tokens are associated with 'increased price volatility, higher risks,' and lack guaranteed liquidity. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
