Burns, adoption, and how BONK’s price might hit new price levels soon

Key Points

1. BONK's price rallied by 160% in the first half of July, reversing most of 2025's losses.

2. The team plans to burn 1 trillion tokens if the number of holders reaches 1 million; current holders stand at 958,362.

3. BonkFun, BONK's memecoin launchpad, has generated 135.6K SOL in revenue, with half (68K SOL or $11 million) allocated for token burns.

4. BONK staked SOL, a liquid staking offering, saw growth from 64K SOL to over 115K SOL, indicating strong investor interest.

5. If BONK's price reclaims the 50% Fibonacci level ($0.0000035), it could target $0.000042 and $0.00005, offering potential gains of 18%-43%.