<ul data-eligibleForWebStory="false"><li>BONK, a meme coin on the Solana network, has surged 65% in the past week, breaking a long-term downtrend and testing resistance near $0.000024.</li><li>The recent rally is driven by a token burn plan to burn 1 trillion tokens once the holder count hits 1 million and anticipation around a potential 2× BONK leveraged ETF approval.</li><li>A new leveraged crypto ETF launch on July 16 by Tuttle Capital Management and the success of Bonk Foundation’s launchpad have added to BONK's momentum.</li><li>Technical indicators show mixed signals, with BONK hovering around $0.000024–$0.000025. If the price continues to climb, the next potential target could be around $0.000040.</li></ul>

BONK Rockets 65% in a week, Eyes $0.000040 as 1T Burn and Leveraged ETF Near

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