Bonk Rallies 96% in a Week, Enters Price Discovery Mode as Pepe Unchained Gains $35M in Funding

Bonk has displayed remarkable strength recently, solidifying its position as the fourth-largest meme coin by market cap. Over the past week, $BONK’s

Bonk has shown remarkable strength recently, solidifying its position as the fourth-largest meme coin by market cap. Over the past week, $BONK’s price has surged by 96%, making it one of the top-performing cryptocurrencies.

The token has reached a $4 billion market cap, doubling from $1.81 billion in just seven days—a remarkable 2x growth. This rally is closely tied to the surge in Solana’s price, as $BONK, being Solana-based, often mirrors its movements.

Much like how Pepe aligns with Ethereum’s bullish trends, Bonk thrives when Solana gains traction. Furthermore, Bonk’s ongoing initiative to burn one trillion tokens by Christmas has fueled bullish sentiment by reducing its supply and potentially boosting its value.

With significant trading volumes flowing through platforms like Binance, Coinbase, and Bybit, the token is attracting widespread attention.

$BONK Price Prediction

Currently, $BONK is priced at $0.0000517, boasting a market cap of $3.88 billion and a 24-hour trading volume of $2.46 billion. Overnight, Bonk not only broke past its previous all-time highs but also entered price discovery mode, supported by a surge in trading volume—up by 44% in just 24 hours.

This bullish trend highlights robust support at key levels like $0.00005 and $0.000047, which could act as springboards for further upward movement. The current price target for $BONK is at $0.00006, a critical psychological resistance level supported by Fibonacci extension analysis.

While a pullback to support levels is anticipated, the momentum and volume suggest a potential climb toward $0.0001, depending on the strength of resistance at $0.00006.

As Bonk navigates price discovery, its trajectory remains contingent on maintaining support after testing resistance levels. As Bonk reduces its supply and strengthens its fundamentals, its market outlook remains optimistic, although traders are advised to monitor potential corrections in this volatile period.

For an in-depth analysis of Bonk’s price prediction, check out the video above and subscribe to his YouTube channel. Also, join the Jacob Crypto Bury Discord group for valuable trading insights.

Pepe Unchained Gains $35M in Funding and Attracts Early Investors with Unique Features

While Bonk is experiencing bullish momentum, a new presale project, Pepe Unchained, has captured significant attention, raising over $35 million in funding. The project is scheduled to be listed on tier-one exchanges in just 25 days, heightening excitement among investors.

There’s speculation that these listings could include major platforms like Coinbase, Binance, or Robinhood, though specifics have yet to be confirmed.

This token stands out as an alternative to traditional Pepe coins, leveraging a solid Layer 2 ecosystem with various utilities such as a decentralized exchange (DEX), bridge, block explorer, developer grants, and staking rewards.

Unlike many other meme coins, Pepe Unchained offers additional security measures, including anti-rug features and locked liquidity, ensuring that developers cannot remove liquidity and eliminating buy-and-sell taxes.

It also introduces distinctive features such as Pepe’s Pump Pad and Pepe Friends with Benefits, adding to its allure. The Pump Pad simplifies meme coin creation for Ethereum users by leveraging Pump.fun’s no-code platform.

With just two clicks, creators can quickly turn their meme ideas into tradable tokens. Moreover, its staking options have attracted a diverse group of investors eager to participate in the presale.

Currently, the project offers an annual percentage yield (APY) of 78%, with over 2 billion $PEPU tokens already staked. Presale tokens are priced at $0.012891, and investors can begin staking immediately, without having to wait for the official launch.

With a capped total supply of 8 billion coins—substantially lower than tokens in the trillions—Pepe Unchained has substantial growth potential.

This makes it a candidate for those looking to enter early in the meme coin trend, especially as meme coins continue to capture increased interest. To take part in the $PEPU token presale visit pepeunchained.com.