BONK's price surged 9.87% to $0.00001494 on July 2 following Tuttle Capital's announcement of a proposed 2x leveraged ETF, set to launch on July 16 pending SEC approval. The technical chart indicates a head and shoulders top pattern, suggesting a potential short-term correction. Additionally, the BONK development team announced that the redemption of Saga mobile phone tokens will conclude on July 31, with unclaimed tokens returning to the DAO for ecological development.