Whale activity and a significant token burn plan are generating optimism for Bonk (BONK). Large holders have accumulated 80 billion BONK, reducing exchange balances and indicating strong confidence in the token. Additionally, a planned burn of 1 trillion tokens is set to occur once the holder count reaches 1 million, which could further tighten supply. Currently, BONK is near a key support level, with analysts predicting a potential rise to $0.000032.