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BONK big pump after rising 200%! Trillion token burning countdown, Grayscale follow + smart money influx igniting the Meme market? | BONK price prediction
The current price of the meme Token BONK is $0.000034, which has risen almost 200% from last month's low and surged 266% from this year's bottom. Multiple catalysts are coming together: the project party announced that after reaching 1 million on-chain Address holders, they will burn 1 trillion BONK (only 32,000 addresses away), combined with Grayscale including it in their 2025 Q3 institutional watchlist, and on-chain data showing that smart money Holdings have surged 594%. The technical analysis shows signs of a symmetrical triangle breakout, and if it successfully breaks through the key resistance at $0.000041, the measured target could reach $0.000071 (a potential increase of 108%). This article will detail the logic behind BONK's big pump and the momentum of the breakout.
Three major catalysts driving: deflation expectations, institutional endorsement, and smart money accumulation
Epic Token Burn Countdown: The BONK team announced that when the number of on-chain Holdings addresses exceeds 1 million, they will permanently destroy 1 trillion BONK from the total supply. Solscan data shows that the current number of Holdings addresses has exceeded 968,000, leaving only about 32,000 to reach the target, and this week is very likely to trigger the burn. This move follows last week's destruction of 50 billion tokens (worth approximately $16.7 million), continuously strengthening the deflationary expectations(Deflationary Mechanism) and token scarcity, providing support for long-term value.
Grayscale Inclusion in the Watchlist Enhances Institutional Awareness: Grayscale ( has recently included BONK in its 2025 Q3 Institutional Watchlist, marking a repositioning of mainstream institutions towards this meme token. This move has prompted some holders to view it as a potential asset for broad market participation rather than merely a speculative target, significantly improving market expectations.
Smart Money)Smart Money(Massive Accumulation: On-chain analysis platform Nansen shows that "smart money" wallets currently hold approximately 80.44 billion BONK. In the past month, the accumulation trend of these capital-rich investors has significantly accelerated, with holdings surging 594% since late June. The involvement of smart money often triggers retail FOMO sentiment, creating a market-following effect.
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Technical Analysis: Symmetrical Triangle Brewing Breakthrough, Golden Cross Support Bullish Structure
Pattern Analysis: The BONK daily chart is currently forming a Symmetrical Triangle Pattern ) Symmetrical Triangle Pattern (, which is a continuation pattern that appears after a strong rise (referred to as a "flagpole"), usually indicating that the price will continue to break out in the direction of the original trend.
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Key Resistance: The primary resistance above is at $0.000041 (previous high pressure level). A successful breakout above this level is crucial for opening up upward space.
Measured Target: If a breakout occurs, based on the "flagpole height," the Measured Move Target ) points to $0.000071, with a potential rise of 108% from the current price level.
Indicator Signal:
Moving Average System: The 50-day Moving Average (SMA) has crossed above the 200-day Moving Average forming a Golden Cross (Golden Cross), which is a strong technical signal indicating further upward movement.
Relative Strength Index ( RSI ): Currently hovering around 70, indicating persistent buying pressure. Although approaching the overbought zone may trigger a brief pullback, this level often signals an imminent breakout during consolidation.
Difference Moving Average ( MACD ): Remains in the positive zone, the histogram shows that bullish momentum ( Momentum ) has not been exhausted due to recent consolidation, support break is expected.
Conclusion: BONK is experiencing a strong market trend under the triple favorable factors: the trillion Token burn triggered by a million addresses is counting down, the Grayscale endorsement enhances market positioning, and smart money's massive accumulation ignites expectations for a follow-up rise. On the technical side, the symmetrical triangle pattern and golden cross signal resonate, and after breaking through the $0.000041 resistance, it is expected to open up doubling space (target $0.000071). However, investors need to be wary of the inherent high volatility of Meme coins, paying attention to the confirmation of the burn trigger, the effectiveness of the key resistance breakout, and overall risk appetite in the crypto market. If the catalysts materialize as expected and the technical breakout holds, BONK may lead a new wave of enthusiasm in the Solana ecosystem's Meme sector, but strict risk control must be upheld to guard against the risk of pullback after the favorable conditions are realized.