Current $BONK Price
Bonk is currently priced at $0.00004036 (BONK/USD) with a live market cap of 2.7B. Its 24-hour trading volume was 1.1B USD which is equivalent to positive %3.52956. With a circulating supply of 66.3T, Bonk's price movement is currently positive.
Bonk Fundamental Analysis
Fundamental analysis aims to measure the inherent value of an asset. Meanwhile, technical analysis involves examining statistical patterns in the price and volume of that asset. These two techniques are used to analyze and predict potential future developments in the price of the asset. In the case of BONK, the simplest way to perform fundamental analysis is to observe its supply and demand dynamics. In addition, one can also observe the total market capitalization (2.7B) and circulating supply (66.3T) to arrive at reasonable future price assumptions. Then, in the case of requests, you can observe on-chain data regarding the number of active addresses, new addresses and number of transactions.
