
Solana meme coin BONK is back in the spotlight with the launch of Bonk Arena, a fast-paced web arcade shooter, igniting new hype – and possibly a fresh rally.
Developed by Bravo Ready and accessible via browser and the Phantom wallet app, the game brings a unique “pay-to-spawn, win-to-earn” mechanic where players must stake 10,000 BONK tokens to join the action.
BONK Arena is Live❗️❗️❗️
Earn $BONK for every elimination, play on mobile & browser for a chance to win over $10k in prizes over the next 30 days!
Check out @BonkArenaGame and Hop into the action👇 pic.twitter.com/IUijmfhiDU
— BONK!!! (@bonk_inu) June 2, 2025
Winners take spoils from the fallen, while half of all revenue goes into BONK token burns, community rewards, and charity – giving BONK both utility and deflationary momentum.
BONK appears primed for a breakout. On the 4-hour chart, the token has formed a classic falling wedge pattern – a historically bullish formation.
As price tightens and volume thins out, a confirmed breakout has already occurred above wedge resistance, opening the door for a potential 30–40% rally if momentum holds.
RSI currently sits near neutral at 49, but shows a bullish crossover and steady recovery from oversold zones, signaling renewed buyer interest.
Meanwhile, the MACD histogram has flipped positive with a fresh bullish crossover, reinforcing the breakout narrative.
BONK 4H Chart. Source: TradingView
Should bulls maintain control, the first resistance to watch is near 0.00002000, with further extension possible if the Bonk Arena narrative continues to attract attention.
However, the pattern is still fresh, and failure to hold above the wedge resistance (around 0.00001550) could invalidate the setup and send BONK retesting lows near 0.00001200.
While PEPE has enjoyed meme-coin dominance, BONK’s expanding ecosystem – including game integration, token burns, and Solana-native support – makes it a serious contender.
According to CoinMarketCap data, BONK is the fifth-largest meme token with a market cap of $1.2 billion while PEPE is the third-largest meme coin with a valuation of $4.8 billion.
As BONK price action eyes a bullish breakout, Snorter Bot ($SNORT), a Telegram-based trading assistant designed to simplify and accelerate the process of trading on-chain tokens, has riled up the network with its ongoing presale, raising $576K with 1 hour remaining until the next price increase.
Built for the fast-paced world of meme-coin speculation, Snorter embeds a full trading workflow directly into Telegram, allowing users to create or import wallets with a single tap and execute protected swaps without juggling browser extensions, RPC settings, or external DEX dashboards.
Source: Snorter
The bot’s user interface is entirely chat-based, making advanced trading strategies accessible through natural language commands.
Meanwhile, holding the $SNORT token provides a massive dynamic staking reward rate of 507%.
To participate in the presale and start earning substantial rewards by staking $SNORT, simply hover to the official Snorter Bot website and connect a supported wallet like Best Wallet.
You can purchase SNORT tokens using crypto or a bank card.
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