Is Bonk back? Meme coin Bonk (BONK) is once again capturing attention, fueled by a surge in trading volume and a significant price increase. It's been a positive 24 hours for Bonk (BONK) holders, with the token's value rising over 6% to hit $0... This comes after a period where Bonk (BONK), which had seen massive gains in the past few weeks, had shed over 10% since yesterday amid the broader crypto decline. However, this 30% single-day rise has put BONK back on traders’ radars as spot trading volume exceeded $395 million across exchanges.

According to data from CoinMarketCap, BONK now has a... While BONK’s price has pulled back slightly, the overall sentiment remains bullish. What's driving this resurgence? Several factors are likely at play, including renewed interest in meme coins, speculation surrounding upcoming projects, and potential whale activity. But Bonk isn't the only crypto experiencing gains.

Interestingly, Sponge V2 has also seen a notable 15% gain, suggesting broader positive momentum within the meme coin sector and perhaps a renewed risk appetite among investors. Is this a sustainable rally, or just another pump and dump? Only time will tell. However, the increased volume and renewed interest in both Bonk and Sponge V2 are certainly worth watching. Keep an eye on trading volumes and market sentiment for clues about the future direction of BONK price rises and the continued performance of Sponge V2.