Zinger Key Points
- Bonk surged 12% in a day, boosting its weekly gains to 26%, following ETF filings, including a BONK-focused ETF.
- Traders emphasize BONK’s potential as Solana’s flagship meme coin, with one warning that skipping BONK could be a significant oversight.
- Get Pro-Level Earnings Insights Before the Market Moves
Bonk BONK/USD is rallying following a first filing for a Bonk ETF.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Bonk BONK/USD | $0.00003417 | $2.6 billion | +10.5% | +25% |
| OFFICIAL TRUMP TRUMP/USD | $42.39 | $8.5 billion | +6% | +552.5% |
| Dogecoin DOGE/USD | $0.3832 | $56.6 billion | +6.9% | +7.4% |
Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim."
Unipcs, known as the “BONK Guy,” elaborated on BONK's unique positioning within the Solana SOL/USD ecosystem.
He argued that if Solana leads this cycle, BONK will naturally emerge as its primary meme coin.
Factors like early ETF adoption, broad retail accessibility, and a strong low-unit bias position BONK for growth.
Major exchanges like Robinhood, Coinbase, and Upbit already list the coin.
Unipcs further emphasized that avoiding BONK exposure could result in a missed opportunity, given its potential for substantial returns.
Unipcs also highlighted the explosive developments in the meme coin market within 24 hours of Donald Trump's inauguration.
These include ETF filings, the formation of the Department of Government Efficiency (D.O.G.E), and the launch of an official website featuring Dogecoin's logo, signaling a new era for meme coins.
Statistics: BONK's valuation surged, placing it among the top 50 cryptocurrencies by market cap.
Data from Coinglass shows that BONK's open interest spiked 17.8% in a day to $19.8 million, signaling increased trader activity and confidence.
Community News: Excitement around Trump's inauguration saw REXShares and Osprey filing for a series of crypto ETFs, including BONK, DOGE and TRUMP, amplifying optimism around BONK's future potential.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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