Why Is BONK’s Price Surging?
The post Why Is BONK’s Price Surging? appeared first on Coinpedia Fintech News
BONK, the leading dog-themed memecoin on Solana, has surged 58% over the past week, and has sparked fresh excitement in the meme coin space. With a potential ETF launch on the horizon, rising trading volumes, and a booming launchpad ecosystem, analysts believe this could just be the beginning of a much larger move.
Bonk also became the top-trending coin on Coingecko. Its rising demand and strong technicals support further upside.
ETF Filing and Launchpad Momentum Push BONK Into the SpotlightA major catalyst behind BONK’s surge is that Tuttle Capital Management filed to launch a 2x leveraged BONK ETF, with July 16 as the earliest possible launch date. This news injected fresh bullish sentiment into the market.
At the same time, BonkFun, a newly launched platform, has flipped Pump. fun on Solana. BonkFun integrates directly with the BONK ecosystem, offering a gamified memecoin launchpad experience, and is gaining serious momentum.
BonkFun Outperforms PumpFunBonkFun has officially claimed the top spot in the launchpad battle, with its market share hitting 51%, the first time it has ever crossed the 50% mark. This milestone signals a major shift in user preference and platform dominance. Meanwhile, Pumpfun’s market share has dropped to 39.9%, falling below 40% for the first time.
BonkFun market share officially hits 51%, exceeding 50% for the first time in history
Pumpfun market share drops to 39.9%, falling below 40% for the first time ever
the winner of the launchpad wars has been decisively chosen
the people have spoken, and they prefer a… https://t.co/OAJcAAQ5U4 pic.twitter.com/ln1MOWU2mi
