BONK Price Forecast – BONK Eyes $0.00004 as Buying Volumes Rise

Highlights:

• BONK trading between the $0.00003773 resistance and $0.00003179 support
• BONK’s next target is $0.00004 if bulls push the price through $0.00003773
• Rising institutional interest and upcoming token burn could trigger a breakout 

BONK (BONK) is showing resilience on a day that most top 100 cryptocurrencies are cooling down. When going to press, BONK was trading at $0.00003477, up by 4% in the day. At the same time, trading volumes are rising, an indicator that investor interest in BONK remains strong. BONK’s trading volumes are up by 11.77%, at $1.28 billion. 

Top exchanges such as Binance and Coinbase are leading the way, with the two recording BONK volumes of $207 million and $106 million, respectively. This could be a hit that BONK could be headed for much in the short term. Solid reasons back the strong investor sentiment around  BONK, some of which could see it eliminate a zero in the short to medium term. 

BONK Ecosystem Is Getting Stronger

One of them is BONK’s ecosystem growth. Starting with BONK tokenomics, there is growing excitement as BONK approaches a million on-chain holders. That’s because once this figure is hit, 1 trillion BONK tokens will be burned. This is a significant number of tokens and is likely to alter the demand and supply dynamics of BONK in a big way. Once it happens, it could easily trigger a BONK price rally to new highs, potentially eliminating a zero or two.

$BONK TRILLION COIN BURN INCOMING!

Burn baby burn 🔥 🔥🔥🔥 pic.twitter.com/ZJOtQ7p3S0

— Suzy 33 (@KryptoKarnivore) July 21, 2025

Besides the upcoming token burn, the BONK ecosystem has been boosted because the LetsBONK Platform is now dominating the Solana ecosystem. The LetsBONK launchpad now accounts for over 60% of all new tokens on Solana. Given that meme coin activity tends to surge in bull markets such as the one currently underway, the LetsBONK launchpad could experience an exponential surge in activity. The result is that BONK demand will also keep going up, a factor that could see the price rally to new highs within the foreseeable future.

pump fun walked so letsbonk could BONK.

here’s why the bonk fueled launchpad is about to flip pump fun

and absorb Solana’s memecoin volume 👇 pic.twitter.com/WwervYs97P

— passit (resurrection arc) (@passitome) July 22, 2025

Institutional Interest Could Push BONK Price to New Highs

Another factor likely to keep pushing BONK price higher is institutional demand. Data indicates that BONK has experienced a surge in institutional money in the past month. Institutional demand indicates that smart money believes BONK is one of the meme coins that could outperform the market in this bull cycle. As such, the moves they are making could also trigger retail FOMO. The result is that BONK could be headed to new highs, especially once Bitcoin enters its next leg up.

The #Bonk ecosystem is heating up the entire space. It’s one of the dominant platforms now in the entire meme and crypto space. @bonk_fun already grabs more than 55% of Solana token issuance share till date. Thats not something that’s easily achieved.

Great work @theunipcs… pic.twitter.com/NvnFrMilGA

— ⚡️ BREN | THE | WOLF ⚡️ (@brenthewolf) July 22, 2025

Leveraged BONK ETF Coming Soon

Speculation is rising that a leveraged BONK ETF could soon become a reality. The recent inclusion of BONK in the Grayscale Institutional Surveillance List has strengthened this speculation. This is a big deal given that ETFs offer institutions an easy avenue to invest in BONK. As such, the demand this could trigger could see the price of BONK outperform most meme coins. The fact that ETF speculation is happening when a major token burn is around the corner could also push BONK price to new highs in the foreseeable future.

Got plenty, but one undervalued AF rn is #BONKETF$BONK ETF coming any day

Im frontrunning that shit

Bu8Dcsa4kthbF5nPnHmadPkwA7uYtBrJM1uCfaPLbonk@bonketf_cto pic.twitter.com/AynKnLrDX4

— Luff (@MoneyMagnetD) July 18, 2025

Technical Analysis – BONK Price Is In A Multi-Day Consolidation

BONK is currently in a multi-day consolidation between the $0.00003773 resistance and $0.00003179 support. If bulls take control and push BONK through the $0.000003773, a rally to $0.00004000 could follow in the short term.

On the other hand, if bears take control and push BONK through the $0.00003179 support, then a correction to prices below $0.00003100 could follow. With all the bullish factors supporting BONK’s price, the odds are higher for a breakout through the $0.00003773 resistance. The upcoming token burn could trigger a rally to new highs in the short term.