BONK ETF craze: The catalyst for the surge in meme coins?
Jul 04, 2025 pm 09:06 PMBONK soars! ETF application, technological breakthroughs and Solana's strength are key. Is this the beginning of the meme currency revolution, or is it another bubble?
BONK ETF craze: The catalyst for meme coin takeoff?
BONK price has risen nearly 20% in the past 24 hours, driven by ETF expectations, technical bullishness and strong performance of Solana Network. Will BONK ETF be the catalyst for the memecoin revolution?
ETF application ignites market enthusiasm
The double-long BONK ETF application submitted by Tuttle Capital Management has become an important driving force at the moment. Relevant documents show that the ETF may be officially launched as soon as July 16. This news has inspired investors to pay close attention to structured BONK investment products.
BONK trading volume rises sharply
Currently, the BONK price is about US$0.00001714, with an intraday increase of nearly 20%. After a period of fluctuation and consolidation, the price successfully broke through the previous important resistance level of about $0.00001449. Trading volume increased by more than 315%, showing a strong willingness to buy in the market.
On-chain progress and token circulation changes
The token exchange of Saga mobile phone project is about to end, and unused tokens will be returned to BONK DAO for ecological development. In addition, as Solana infrastructure continues to expand, BONK's exposure is gradually increasing, and most tokens have entered the circulation market.
Ripple's XRP: Another potential pusher
XRP is gradually recovering from the impact of the Securities and Exchange Commission (SEC) lawsuit when BONK is expected to rise with the help of ETFs. Ripple announced that it would withdraw its appeal and promote strategies such as stablecoin cooperation and blockchain integration. These actions may bring new upward momentum to XRP. Analyst @CryptoDonAlt even predicts that XRP's price recovery may enter the "second phase".
Thoughts on meme coins
What does a BONK ETF mean? Is meme coins moving towards the mainstream investment stage? While it’s easy for people to classify it as a speculative asset, community-driven narratives and their potentially high returns do attract a lot of attention. However, it should be noted that the high potential of meme coins is often accompanied by high risks!
So, will BONK soar into the sky? The answer can only be left to time. But what is certain is that the meme currency market has never lacked volatility and surprises. Fasten your seat belt, this is destined to be a thrilling journey!
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