BONK price jumps 25% in 24h, 75% weekly, as volume surges and price nears key Fibonacci golden pocket, drawing fresh investor attention.
With a 25% increase in the last day and a 75% gain in the previous week, BONK is again in investors’ sights.
The meme coin is trading just below its daily peak of $0.00003936, creating much noise in the market as traders watch the so-called “golden pocket” Fib zone and wonder if this rise has more legs.
Derivatives Whale Liquidations, Frenzy
According to CoinMarketCap data, BONK price is currently only 33% behind its peak of $0.00005916.
Its trading volume jumped to $2.4 billion, a 60% increase in a single day, and its market capitalization surpassed $3 billion once again.
According to Coinglass statistics, open interest increased 36% and derivatives volume skyrocketed 150%, indicating traders’ growing desire for BONK exposure.
The bullish pressure was further increased by the $3.39 million liquidation carnage that short sellers endured over the previous day.
Grayscale Highlights, Dominance Of Meme Coins
The fact that BONK has been included on Grayscale’s institutional surveillance list only fuels the fire.
It offers BONK more legitimacy in the eyes of conventional investors, even though it does not guarantee ETF inclusion.
Meanwhile, BONK’s LetsBonk.fun, which was introduced earlier this year, is causing a stir after capturing 52% of the market for meme coin manufacturing.
This puts it well ahead of Pump. Fun, the previous leader, currently has a 39% share.
Nonetheless, according to Jupiter, Pump.fun continues to lead in trader activity, with 401,000 users over the past day as opposed to LetsBonk’s 268,000.
Price Analysis Of BONK: Eyes On Golden Pocket
The 4-hour chart of BONK price shows a classic bullish breakout backed by volume.
BONK price hovers slightly below the 4.236 extension at $0.00004190, having broken through the 3.618 Fibonacci level at $0.00003894.
Because it is a common take-profit area—sometimes known as the “golden pocket” for late-stage rallies—traders are keeping a close eye on this zone.
With the RSI at 78.31, solidly in the overbought zone, momentum indicators present a positive picture, making BONK one of the best meme cryptocurrencies to purchase in July 2025.
Bullish continuation is shown by the MACD line being well above the signal line with widening histogram bars.
The Ultimate Oscillator also supports the rise, which likewise stays above 66.
In the bullish scenario, BONK price may break through the $0.00004190 Fib level and attempt to retest its record high of $0.00005916.
A healthy decline toward the 3.618 or 2.618 zones ($0.00003894 and $0.00003414, respectively) might occur if BONK is rejected at the 4.236 Fib zone.