{"id":863325,"date":"2025-07-18T19:11:44","date_gmt":"2025-07-19T00:11:44","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/18\/bonk-news-heres-why-a-short-term-dip-wont-stop-its-51-rally\/"},"modified":"2025-07-18T19:11:44","modified_gmt":"2025-07-19T00:11:44","slug":"bonk-news-heres-why-a-short-term-dip-wont-stop-its-51-rally","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/18\/bonk-news-heres-why-a-short-term-dip-wont-stop-its-51-rally\/","title":{"rendered":"BONK news: Here\u2019s why a short-term dip won\u2019t stop its 51% rally"},"content":{"rendered":"
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\"bonk\n\t\t\t\t\t\t<\/p>\n

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\"Avatar\"<\/p>\n

Journalist<\/p>\n<\/p><\/div>\n

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Key takeaways<\/h2>\n

BONK may have dropped 7% in a day, but it\u2019s still one of the top-performing memecoins this week, with over 50% gains. While some short-term traders may be cooling off, strong Open Interest and rising Funding Rates show that many investors are still betting on BONK\u2019s momentum.<\/em><\/p>\n

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Bonk [BONK]<\/a> slipped nearly 7% from yesterday\u2019s highs, raising eyebrows across the trading floor.<\/p>\n

But zoom out, and the picture is still remarkably bullish. Weekly gains remain impressive, suggesting this may be less of a reversal and more of a healthy breather.<\/p>\n

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\"bonk<\/a><\/p>\n

Source: CoinMarketCap<\/p>\n<\/div>\n

So, is the BONK hype train still on track?<\/p>\n

BONK: Traders aren\u2019t quite done yet<\/strong><\/h2>\n

Despite its 7% 24h slip, BONK\u2019s Futures market was telling a different story.<\/p>\n

Open interest (OI) was at $54.7 million at press time; still significantly elevated from early July levels and more than double what it was just two weeks ago.<\/p>\n

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\"Bonk<\/a><\/p>\n

Source: CoinGlass<\/p>\n<\/div>\n

The chart showed a steep climb in both price and open interest beginning around the 4th of July, showing renewed risk appetite among traders.<\/p>\n

This spike came alongside improving sentiment in the broader crypto market and BONK\u2019s recent addition to Grayscale\u2019s tracking list \u2013 an institutional nod that some interpret as early validation.<\/p>\n

Funding Rate heats up, but derivatives volume cools<\/strong><\/h2>\n
<\/div>\n<\/p><\/div>\n<\/p><\/div>\n

Read More<\/a>
\n Samyukhtha L KM<\/p>\n","protected":false},"excerpt":{"rendered":"

Journalist Key takeaways BONK may have dropped 7% in a day, but it\u2019s still one of the top-performing memecoins this week, with over 50% gains. While some short-term traders may be cooling off, strong Open Interest and rising Funding Rates show that many investors are still betting on BONK\u2019s momentum. Bonk [BONK] slipped nearly 7%<\/p>\n","protected":false},"author":1,"featured_media":863326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211,40883],"tags":[],"class_list":{"0":"post-863325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-heres","8":"category-short-term"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/863325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=863325"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/863325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/863326"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=863325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=863325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=863325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}