BONK Generates Over $3 Million in Revenue

The cryptocurrency market is booming, and BONK, the leading memecoin on the Solana blockchain, is making waves once again.

Cryptocurrency prices can be highly volatile and may vary greatly in a short period of time. This analysis is based on the current market conditions and trends, and it is subject to change. It is essential to conduct thorough research and due diligence before making any investment decisions.

The cryptocurrency market is booming, and BONK, the leading memecoin on the Solana blockchain, is making waves once again.

Launched in December 2022, BONK has quickly established itself as a key player in the Solana ecosystem, blending community enthusiasm with real utility in the DeFi, gaming, and NFT sectors.

🚨JUST IN: @bonk_fun by @bonk_inu has launched a revenue dashboard, revealing it has generated 18,273 $SOL (≈$3.3M) in just 18 days since launch. The dashboard also details how the platform’s revenue is being allocated. pic.twitter.com/pLRF6eGTAM

But it’s the recent announcement from BonkFun that is grabbing all the attention: in just 18 days, the platform has generated over $3 million in revenue. So, is BONK about to take off?

Indeed, BonkFun, a recent initiative by the Bonk Inu team, has made waves by unveiling its revenue dashboard.

According to official data published on revenue.letsbonk.fun, the platform has amassed 18,273 SOL, approximately $3.3 million, in just 18 days since its launch.

These revenues are transparently distributed: a portion is allocated to ecosystem development, another to liquidity incentives, and the rest is redistributed to the community in the form of rewards.

In addition to ongoing ETF requests, BONK has become a real project with revenues even surpassing those of other altcoin projects. While its platform will face competition, the BONK team delivers functional products.

So, could this drive up the price?

Potential 69% Increase

The first canine-themed token on Solana, BONK has stood out since its launch.

With over 923,000 holders and 140 integrations on nine different blockchains, the token has evolved beyond just a meme status.

As of May 14, 2025, the price of BONK is $0.0000247 with a 24-hour trading volume of $744.5 million, according to CoinMarketCap.

Forecasts are optimistic: CoinCodex anticipates a significant increase, with an average price of $0.00004443 by the end of May 2025, indicating a potential growth of over 90%.

However, there are lingering warning signs. BONK’s Fear & Greed Index shows a score of 73, indicating a “greed” phase that could precede a correction.

Technically, BONK has been hitting its 200-day moving average for several days now, which has hindered its rise compared to competitors like POPCAT or WIF.

However, BONK has now crossed above this moving average. If it continues in this direction and surpasses $0.0000026, BONK should then target the range up to $0.0000039 to $0.0000042.

Representing a potential increase of 69%. The 12H RSI once again signals a bullish crossover. If volumes follow suit and BTC holds steady, BONK has a good chance of increasing by over 50% in the coming weeks.

$0.0000020 and $0.000015 are the most important support levels to maintain the token’s bullish structure.

In the short term, the FBB indicates an imminent rise to $0.000029, a level to closely monitor.

Should You Buy Before BONK’s Explosion?

With a potential increase of 60 to 90% by the end of May 2025 and a bullish momentum on Solana, BONK appears promising in the short term.

However, the memecoin market remains risky, and a correction may follow the current euphoria.

For daring investors, buying on Bitget during a dip could be an opportunity, but caution is advised.

BONK has demonstrated its ability to generate significant revenues, but its long-term success will depend on its ability to convert this enthusiasm into sustainable adoption.

So, are you ready to bet on BONK’s next boom?

For those interested in investing in BONK, Bitget is a recommended platform known for its security and user-friendliness. To purchase the memecoin on Bitget, follow these steps:

Bitget also offers staking and farming options for BONK, enabling users to generate passive income.