Will $BONK reach $1 USD ?
There are many speculations to remark upon this as Bonk will rise definitely.
Why it will rise in value ?
The #bonk offers users a value as carrier where you can transfer USDT in the form of Bonk to another user and it can also be held as an asset for investment .
Its user friendly and anyone can trade Bonk ,since it's low in value,when people need to send amount in decimals which is below 1 ,they can effectively use Bonk as a medium to send and receive and also hold.
While $BTC $ETH can only be bought if you have sufficient amount on the other hand there appears Bonk to be better option for users.
However, there are disadvantages of rising it's value.
Number one being expensive to trade and new commers would find it as a bit hassle to fully utilize it's service.You no longer can trade in decimals easily . Unlike BTC where if you want to send 1 USDT to another user or another account(1 USDT = 0000.16 BTC ) you may want to check whether you got the zeros in the right place.
Another important disadvantage of coins rising it's value is that when everything is about the rise of value it becomes expensive and people may soon lose interest in it, only the rich and richer might trade but let it be clear that market is really made up of people who are below high class and majority of the population lies under this category.