BONK has seen a sharp increase, surging 12% in just 24 hours. The price jumped from $0.0000250 to $0.0000281, ultimately settling at $0.0000265, marking a daily increase of 6.2%. This growth comes as investor interest, particularly from institutional players like Grayscale, builds momentum. The rising price of BONK indicates a growing acceptance of innovative cryptocurrency projects within institutional portfolios. As market dynamics shift, BONK’s surge illustrates the potential of newer tokens to capture investor attention.