{"id":56426,"date":"2025-07-23T11:19:13","date_gmt":"2025-07-23T11:19:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bonk-price-bulls-defend-key-level-as-solana-meme-coins-heat-up\/"},"modified":"2025-07-23T11:19:13","modified_gmt":"2025-07-23T11:19:13","slug":"bonk-price-bulls-defend-key-level-as-solana-meme-coins-heat-up","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bonk-price-bulls-defend-key-level-as-solana-meme-coins-heat-up\/","title":{"rendered":"BONK price: bulls defend key level as Solana meme coins heat up"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/bonk-price-bullish-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/bonk-price-bullish-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/bonk-price-bullish-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/bonk-price-bullish-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400;\">Bonk (BONK) price hovers above a key level after bulls gained 7%.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Pudgy Penguins (PENGU) had briefly overtaken Bonk as the top Solana-based meme token by market cap.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Analysts say BONK could explode higher amid overall memecoin resurgence.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Bonk (BONK) and Pudgy Penguins (PENGU) are in a battle for top spot among Solana-based meme tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing, Bonk was surging 7% in the past 24 hours to just reclaim the throne with a market cap of over $2.71 billion. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pudgy Penguins, which had <a href=\"https:\/\/coinjournal.net\/news\/pengu-targets-new-all-time-high-amid-nft-sales-volume-surge\/\">exploded double digits<\/a> amid spot exchange-traded funds news and Binance seed tag removal, tailed a close second with $2.69 billion in market cap.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The rally for PENGU, which briefly saw it overtake Bonk as top Solana meme, came as other ecosystem tokens like dogwifhat and Popcat recorded upside flips.<\/span><\/p>\n<h2>BONK, PENGU price surge helped by Binance lifting tag seed<\/h2>\n<p><span style=\"font-weight: 400;\">While memecoins have recently exploded amid a broader altcoin rally, BONK and Pudgy Penguins have benefited from an announcement by Binance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On July 21, 2025, the leading crypto exchange posted an update that indicated Binance will remove the Tag Seed for BONK, EIGEN, ETHFI, PENGU and PEPE.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cTokens with the Seed Tag represent new, innovative projects that may exhibit higher volatility and risks compared to other listed tokens,\u2019 Binance <\/span><a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/5d96278f80374c02aebbd3d488315661\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">explained<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">By removing the tokens from the list of those tagged as high risk, Binance helped to bolster not just trader confidence, but also enhanced liquidity support. The move also catalyzes increased visibility for the tokens, likely why PENGU, BONK and the other projects exploded.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pudgy Penguins\u2019 community reacted to ETF filing news in style and crypto analyst Ali Martinez had this to <\/span><a href=\"https:\/\/x.com\/ali_charts\/status\/1947947168074985775\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">say<\/span><\/a><span style=\"font-weight: 400;\">:<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cPudgy Penguin<\/span><span style=\"font-weight: 400;\"> $PENGU<\/span><span style=\"font-weight: 400;\">: Top-tier memecoin with mainstream crossover. ETF filing puts it in rare company.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The meme coin briefly surpassed BONK in market capitalization, and could yet establish itself there unless BONK fights back.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8NEW: <a href=\"https:\/\/twitter.com\/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PENGU<\/a> has surpassed <a href=\"https:\/\/twitter.com\/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BONK<\/a> to become the #1 memecoin on <a href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\">@Solana<\/a> by market cap. <a href=\"https:\/\/t.co\/ENoWb7E4lE\">pic.twitter.com\/ENoWb7E4lE<\/a><\/p>\n<p>\u2014 SolanaFloor (@SolanaFloor) <a href=\"https:\/\/twitter.com\/SolanaFloor\/status\/1947923978879631496?ref_src=twsrc%5Etfw\">July 23, 2025<\/a><\/p>\n<\/blockquote>\n<h2>BONK price: bulls look to defend key level<\/h2>\n<p><span style=\"font-weight: 400;\">BONK\u2019s price is up just 6% in the past 24 hours and 9% in the past week. However, with bulls looking to defend a critical support level around $0.00003485, the fight to fend off Pudgy Penguins\u2019 push is on.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, BONK is consolidating between support at $0.00003 and the supply zone at $0.00004.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Analysts are <a href=\"https:\/\/x.com\/iamkadense\/status\/1947735973808439734\" target=\"_blank\" rel=\"noopener\">optimistic<\/a> that BONK holding above the current demand zone could allow them to target November 2024 highs. This is the area of Bonk\u2019s all-time high above $0.000059. BONK\u2019s resilience and community support, with open interest up 2.69% to over $55 million. <\/span><\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bonk-price-bulls-defend-key-level-as-solana-meme-coins-heat-up\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bonk (BONK) price hovers above a key level after bulls gained 7%. Pudgy Penguins (PENGU) had briefly overtaken Bonk as the top Solana-based meme token by market cap. Analysts say BONK could explode higher amid overall memecoin resurgence. Bonk (BONK) and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":56427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56426"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=56426"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/56427"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=56426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=56426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=56426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}