Cryptocurrencies associated with the world of dogs, such as BONK and WIF, see a surge in value, mirroring Bitcoin's record-breaking price of over $110,000. Both digital assets experience double-digit growth.
In the dynamic world of cryptocurrency, two digital assets, Bonk (BONK) and WIF, have recently experienced significant breakouts, sending ripples through the market.
Bonk, after breaking its descending trendline resistance, has seen a surge in value. As of early July 2025, the current price of Bonk is approximately $0.00002195 to $0.0000226 USDT, reflecting an impressive 10% increase over the past week and a 4% increase over the past month. The market capitalization of Bonk stands around $1.7 to $1.75 billion, supported by strong daily trading volumes exceeding $1.5 billion, indicating active speculative interest.
The breakout of Bonk is backed by several technical signals. The Relative Strength Index (RSI) has crossed above 50 and closed above major Exponential Moving Averages (EMAs), suggesting a bullish trend. Historical resistance levels around $0.000020 to $0.000021 have been surpassed, signalling a breakout from previous consolidation zones.
Meanwhile, WIF has also made a notable move, breaking above its symmetrical triangle resistance at $0.88. This confirms a bullish continuation, with the asset now trading above the 20 and 50 EMA cluster. WIF's RSI is at 54 and trending higher, further supporting the bullish sentiment. As long as WIF holds above the $0.88-$0.90 zone, momentum remains in favour of bulls aiming for $1.10 and beyond.
The breakout of WIF is also accompanied by rising volume, indicating strong investor interest. The next technical targets for WIF lie between $1.20 and $1.40.
In another development, the BEST Token presale offers access to a meme-powered DeFi ecosystem, with tokens during the limited presale phase priced at $0.025275. The presale has already reached a funding milestone of $13.6M, further fuelling the excitement in the market.
As the cryptocurrency market continues to evolve, these breakouts and technical indicators suggest a strong recovery for both Bonk and WIF. While they have not yet reached the highest projections seen in prior bull runs, the ongoing bullish trend and potential for further upside are supported by technical indicators such as RSI and ADX, coupled with increasing volatility.
Sources: [1] CoinMarketCap. (2025). Bonk (BONK) Price Live Data. [online] Available at: https://coinmarketcap.com/currencies/bonk/
[2] CoinGecko. (2025). WIF (WIF) Price Live Data. [online] Available at: https://www.coingecko.com/en/coins/wif
[3] NewsBTC. (2025). Bonk Price Prediction 2025: BONK Will Surpass $0.0000361? [online] Available at: https://www.newsbtc.com/news/2025/06/25/bonk-price-prediction-2025-bonk-will-surpass-0-0000361/
[4] CoinPedia. (2025). WIF Price Prediction 2025: Will WIF Reach $1.40? [online] Available at: https://coinpedia.org/price-prediction/wif-price-prediction-2025/
In the midst of the ongoing cryptocurrency market recovery, the token presale for BEST offers an opportunity to invest in a meme-powered DeFi ecosystem, with the presale already reaching a funding milestone of $13.6M. The bullish trend and potential for further upside in digital assets like Bonk and WIF are supported by financial indicators such as increased trading volumes, as well as technical indicators like RSI and ADX. The finance sector could potentially benefit from the growth and innovations in technology presented by these digital assets.
