BONK surged by 9.87% to $0.00001494 on July 2, 2025, following news of Tuttle Capital's potential launch of a 2x leveraged BONK ETF, pending SEC approval by July 16. The price rose from a low of $0.0000136 and peaked at $0.00001524 before facing a slight retracement. Tuttle Capital's amended filing reignited interest in BONK, as it reflects a growing demand for structured meme coin investments through traditional financial vehicles. Although the ETF is not yet approved, the upcoming launch date has stimulated investor activity. Additionally, BONK's developers announced that the Saga phone token redemption program will end on July 31, with around 17,599 of 20,000 tokens claimed. This is coupled with the Solana network's expansion, as DeFi Development Corp has joined as a validator, enhancing decentralization. Despite the positive developments, technical analysis indicates the possibility of a near-term price pullback due to a head-and-shoulders pattern observed during trading.

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