BONK has climbed 70% in the past 10 days, exceeding major cryptocurrencies like Bitcoin and Dogecoin, attributed to favorable market sentiment and Bonk.fun’s thriving launchpad.

Bonk.fun has seen six consecutive days surpassing $1 million in transaction fees, with 58% of those funds directed toward buying back BONK, enhancing market demand.

As BONK approaches the significant resistance level of 0.00002626, over 1.88 million USD in BONK has left exchanges, indicating bullish trends among long-term holders.