BONK +804% in 24 Hours on Sharp Short-Term Surge

On SEP 8 2025, BONK rose by 804% within 24 hours to reach $0.00002272, BONK rose by 1045.72% within 7 days, rose by 206.74% within 1 month, and dropped by 2573.58% within 1 year.

The rapid ascent of BONK in a single day highlights a dramatic reversal in market sentiment. The token has rebounded from a year-long decline, which had seen it lose over 2,500% of its value since the start of 2025. This sudden spike suggests a combination of speculative activity and short-term trading inflows, as traders capitalize on momentum-driven patterns. Analysts project that the 24-hour rally could mark a pivotal turning point if the price manages to sustain above $0.000020 in the near term.

In the short-term technical landscape, BONK has broken above a key descending trendline that had restricted its upside for several weeks. The price has now aligned with a confluence of bullish indicators, including a positive RSI divergence and a 15-minute MACD crossover suggesting further upward momentum. The 50-period EMA is also rising, crossing above the 200-period EMA to confirm a short-term bullish bias.

Backtest Hypothesis

A proposed backtesting strategy for BONK involves leveraging a dual moving average crossover model combined with volume confirmation. The system enters long positions when the 15-minute 12-period EMA crosses above the 26-period EMA, and volume surges by at least 150% above the 30-day average. Exit triggers include a 5% stop loss, a 10% take profit, or a trailing stop based on the 50-period EMA.

The strategy is designed to capture short-term volatility spikes like the one observed on SEP 8, using volume as a filter to avoid false signals. It would also incorporate a maximum drawdown threshold of 20% to manage risk during periods of high uncertainty. Given the recent price action, the strategy could be tested over the past 90 days to evaluate its effectiveness in volatile environments.