Coinspeaker
Jan 8, 2026
8 0

TenX Protocol Acquires 220 Billion BONK Tokens in Solana Expansion

The price of BONK has exited a descending channel, indicating a trend change since the prior distribution phase began mid-2025. Key developments include:

  • TenX Protocols expanded into the Solana ecosystem, acquiring approximately 220 billion BONK tokens at an average price of $0.00001138.
  • BONK rebounded from a demand zone near the channel base, with immediate pullback risk around $0.0000070.
  • If BONK breaks above the $0.000020 supply zone, it could move towards the $0.000040 resistance area.
  • Momentum indicators like RSI and MACD support a bullish outlook.

BONK price chart

While a 100x increase for BONK is improbable due to its current supply, strong rallies are still possible.