Key takeaways
Bonk price prediction for 2024 anticipates a maximum price of $0.000030.
Our Bonk price prediction for 2027 anticipates a price range of $0.000082 to $0.000094.
In 2030, we expect Bonk price to record a maximum price of $0.000292 with an average price of $0.000243.
Bonk is one of the most successful crypto projects in 2024. The dog-themed Solana-based coin has become one of the most recognized meme coins, with its market capitalization reaching $2.7 billion in May.
Bonk (BONK) is a crypto token built on the Solana blockchain, much like DOGE, WIF, or SHIB. Bonk is a digital asset that can be traded on a number of online platforms, such as Binance, KuCoin, Kraken, MEXC, CoinEx, OKX, gate.io, and Bybit.
Bonk has a maximum supply of 93 trillion. It is important to note that 66 trillion BONK are already in circulation. The interesting part is that despite being a meme coin, Bonk’s supply is tied to its burning process to appreciate its value.
The token became popular in 2022 after an airdrop to the Solana community. Despite Bonk’s popularity and appeal, the token is highly volatile, and wild swings in its price action are routine.
Along with being a meme coin, the Bonk ecosystem is far more diverse. A number of projects built around Bonk also increase its utility prospects, which makes it a popular choice among traders and is also considered the primary trigger behind its 2024 bull run. Bonk Swap, Bonk Rewards, and Bonk BOT are the main features of the Bonk ecosystem.
Overview
Cryptocurrency Bonk Token BONK Price $0.00002634 Market Cap $1,783,815,241 Trading Volume $462,170,713 Circulating Supply 68,665,611,101,023 BNB All-time High $0.00004547 Mar 04, 2024 All-time Low $0.0 78614 Dec 29, 2022 24-h High $0.00002638 24-h Low $0.00002356
Bonk price prediction: Technical analysis
Metric Value Price Prediction $0.000030 Volatility 14.75% 50-Day SMA $ 0.00002781 14-Day RSI 40.35 Sentiment Bearish Fear & Greed Index 29 (Fear) Green Days 13/30 (43%) 200-Day SMA $ 0.00002139
Bonk price analysis: A bullish rally leads coin value beyond $0.00002634
TL; DR Breakdown
Bonk price analysis confirms an uptrend.
The coin value has spiked up to $0.00002634.
Strong support is being provided at $0.00001901.
The daily as well as the hourly Bonk price analysis for July 9, 2024, indicates signs of a growing bullish wave. The green candlesticks have remained dominant on the one-day price chart since yesterday. The bullish momentum has been aggravating since yesterday because of the intense buying activity. Overall, the coin value has experienced a substantial recovery above $0.00002634 during the past 24 hours.
Bonk 1-day price chart: Coin value zooms past $0.00002634 amidst recovery
The daily Bonk price analysis is suggestive of an ongoing bullish trend for the cryptocurrency. The buying activity has remained intense since yesterday because of the bullish revival. During the past 24 hours, the coin value has hiked past $0.00002634 amidst the growing bullish swing. The Moving Average (MA) indicator shows an ascending curve on the one-day price chart. Its overall value has improved up to $0.00002338 because of the strong upward swing this week.
BONK/USD 1-day price chart. Source: TradingView
The volatility is on the increasing side, which is a negative indicator for the upcoming price movements. The upper end of the Bollinger bands indicator has moved up to $0.00002613, considering the rising shift in volatility. Whereas, the lower extreme of the Bollinger bands indicator has shifted to $0.00001901, defining strong support for the cryptocurrency. The Relative Strength Index (RSI) indicator confirms the latest shifts in market events. Its value has improved up to 55.68 because of the turnover since yesterday.
BONK /USD 4-hour price chart: BONK achieves its $0.00002634 aim as the bullish tide intensifies
The hourly Bonk price analysis confirms a highly bullish scenario regarding the ongoing market events. A considerable rise in the coin value has been observed since the earlier hours of the day. The buying activity has remained quite intense in the past few hours as the bullish wave is aggravating further. Overall, the coin value has hit $0.00002634, considering the rapid upturn in price. The moving average indicator confirms a sharp rise in its overall value. Its value has surpassed $0.00002457 because of the persistent recovery since yesterday.
BONK/USD 4-hour price chart. Source: TradingView
The four-hour price chart dictates rising volatility, which is a bearish signal for the coming market events. The upper and lower ends of the Bollinger bands indicator have changed their positions because of the rising volatility. Currently, the upper Bollinger band is situated at $0.00002658, hinting at the resistance point. Whereby the lower Bollinger band is now present at $0.00002000, marking the stable support level. The RSI graph displays a sharp bullish curve on the four-hour price chart. Its overall value has improved up to index 68.39, i.e., quite close to the overbought region, as a result of the escalating, increasing trend.
Bonk technical indicators: Levels and action
Daily simple moving average (SMA)
Period Value Action SMA 3 $ 0.00002286 SELL SMA 5 $ 0.00002313 SELL SMA 10 $ 0.00002300 SELL SMA 21 $ 0.00002314 SELL SMA 50 $ 0.00002781 SELL SMA 100 $ 0.00002528 SELL SMA 200 $ 0.00002139 BUY
Daily exponential moving average (EMA)
Period Value Action EMA 3 $ 0.00002310 SELL EMA 5 $ 0.00002276 SELL EMA 10 $ 0.00002271 SELL EMA 21 $ 0.00002416 SELL EMA 50 $ 0.00002581 SELL EMA 100 $ 0.00002477 SELL EMA 200 $ 0.00002068 BUY
What to expect from Bonk price analysis
The daily as well as the hourly bonk price analysis presents a highly bullish prediction for the cryptocurrency. The buying activity has been intensifying for the past 24 hours as the bulls are on the leading end. Overall, the coin value has sought recovery beyond the $0.00002634 boundary because of the increasing price movement during the day. Side by side, the four-hour price analysis indicates a bullish sentiment regarding the price movements during the past few hours of the day.
Is Bonk a good investment?
After its launch in December 2022, Bonk quickly gained traction, and being a SOL token, it triggered a huge surge in the SOL price. The surge was attributed to Bonk’s unique distribution strategy. Bonk is a meme coin, but it has many side projects that contribute to its usability and make it more valuable than a mere dog meme coin. It is expected that by 2030, Bonk will reach $0.000292, which is approximately 15 times its current price, making it a good investment to consider.
Why is Bonk down?
Bonk has sunk 10.71% over the past week, and over the month, its value has declined by 12.56%. Today’s selling pressure triggered a decrease in the coin’s value, but being a highly volatile cryptocurrency, Bonk’s initiated recovery may turn the price green over the remaining trading session.
Will Bonk Recover?
Bonk is currently trading in its middle price range. Considering the current situation, it feels like the coin’s price has initiated a recovery as the crypto pair has secured support at the $0.00001812 level. The recovery can continue as long as buyers remain consistent.
Will Bonk reach $0.000055?
Bonk’s strongest current resistance level is at $0.0000255. However, Bonk saw some price action above this level just a few days ago. In the short term, Bonk may not break above this level, but according to market speculation, it will reach $0.000055 by mid-2026.
Will Bonk reach $0.000100?
Cryptopolitan’s Bonk price prediction suggests that the coin can reach $0.000100 and even surpass it by the year 2028. Bonk’s market capitalization will increase 4.5-fold when Bonk reaches this price level.
Will Bonk reach $1?
According to Cryptopolitan’s price prediction, Bonk may not achieve the $1 level in the foreseeable future. It will take considerable time and significant growth in the coin’s market cap to reach $1, which seems impossible as of now.
Does Bonk have a good long-term Future?
Bonk has garnered much attention from investors with its community-driven value. However, analysts do not share the same sentiment and are divided in their views on the crypto pair. This is true to an extent, as after its initial surge, sustaining the momentum has proved a challenge for Bonk. According to The Cryptopolitan’s review of the cryptocurrency, it is expected that Bonk will reach a maximum value of $0.000292 by the end of 2030, which is quite a bit above its current price.
Recent news/opinion on Bonk
BaoBao Fashion Show is kicking off today in London.
Quick reminder for everyone at the London @hackerhouses:Bonk for Paws will be hosting a panel at 3:15pm BST followed by the BaoBao Fashion Show and silent auction at 6:00pm BSTAll proceeds from the auction will be donated with a 100% match from @bonk_inu ❗️❗️❗️ https://t.co/0i0Oh9w2tl
— BONK For Paws (@BONKForPaws) July 5, 2024
The top European cryptocurrency exchange, Bitsmap, now acquired by US firm Robinhood, has announced the listing of Bonk (BONK). The exchange’s users can now trade Bonk through their Android or iOS apps.
Bonk price prediction July 2024
Bonk price prediction for July 2024 is a minimum value of $0.00001981 and an average price of $0.00002230. The price could reach a maximum of $0.00002582 during the month.
Period Potential Low Potential Average Potential High Binance coin prediction July 2024 $0.00001981 $0.00002230 $0.00002582
Bonk price prediction 2024
Bonk price prediction for 2024 anticipates a minimum value of $0.000027 and an average price of $0.000027. The price could reach a maximum of $0.000030 during the year.
Period Potential Low Potential Average Potential High Binance coin prediction 2024 $0.000027 $0.000027 $0.000030
Bonk price prediction 2025-2030
Year Minimum Price Average Price Maximum Price 2025 $0.000037 $0.000039 $0.000047 2026 $0.000054 $0.000055 $0.000065 2027 $0.000082 $0.000084 $0.000094 2028 $0.000115 $0.000119 $0.000140 2029 $0.000171 $0.000176 $0.000200 2030 $0.000234 $0.000243 $0.000292
Bonk price prediction 2025
The Bonk price forecast for 2025 is for BONK cryptocurrency to trade at a minimum price of $0.000037 and an average price of $0.000039. The maximum forecast price for 2025 is $0.000047.
Bonk price prediction 2026
The Bonk price forecast for 2026 suggests BONK cryptocurrency could reach a minimum price of $0.000054 and an average price of $0.000055. BONK coin is estimated to reach a maximum price of $0.000065.
Bonk price prediction 2027
Ripple Bonk price forecast for 2027 estimates a minimum value of $0.000082 and an average trading price of $0.000084. The maximum price forecast for 2027 is $0.000094.
Bonk price prediction 2028
The Bonk forecast for 2028 expects the price of 1 BONK to reach a minimum of $0.000115 in 2028. The BONK price can reach a maximum level of $0.000140, with an average price of $0.000119 throughout 2028.
Bonk price prediction 2029
The Bonk coin price prediction for 2029 estimates that BONK to attain a minimum value of $0.000171 and an average price of $0.000176, with a maximum price of $0.000200.
Bonk price prediction 2030
According to the Bonk price forecast for 2030, BONK is predicted to hit a minimum price of $0.000234 and an average price of $0.000243 throughout the year 2030. The maximum forecasted BONK price for 2030 is set at $0.000292.
Bonk market price prediction: Analysts’ BONK price forecast Firm Name 2024 2025 Coincodex $0.00007376 $ 0.000106 Digitalcoinprice $0.0000487 $0.0000570 Cryptopolitan’s Bonk (BONK) price prediction
Our forecast shows that Bonk will achieve a high price of $0.000030 near the end of 2024. In 2025, the XRP price will range between $0.000037 and $0.000047. In 2030, the cryptocurrency will range between $0.000234 and $0.000292, with an average price of $0.000243. It is important to consider that the anticipated prices can change at any time and are not investment advice. Professional consultation is suggested, or one should do his own research.
Bonk historic price sentiment
BONK historical price chart. Source: Coinmarketcap.
In December 2022, Bonk was launched with a price of $0.0000001487 and made history by making a surge of more than 30% in SOL tokens.
Bonk cryptocurrency quickly climbed into the top 100 by market cap after this success, reaching $0.0000034 per coin. On January 5, 2023,.
However, by March 2023, the price of the Bonk token had fallen from $0.0000004134, losing substantial value.
In June 2023, Bonk’s price did not experience much action, and it gradually decreased to $0.0000001927 in September 2023.
In October 2023, Bonk started to see bullish sentiment, with the price reaching $0.0000005518, which eventually reached $0.00002445 on December 15, 2023.
Bonk closed 2023 with a price tag of $0.00001407, which was significantly higher than the price at the start of the year but almost 50% down from the highest price point of 2023.
In January 2024, Bonk sustained a good higher price level, averaging around $0.00001190, with fluctuations from $0.00001075 to $0.00001617.
By February, bullish momentum started to build again, and in March, prices began to spike by $0.00002445.
Bonk reached $0.00003771 on March 5, 2024, and stayed near this level till March 15.
Bonk declined to $0.00001394 on April 18, 2024, before starting another bull run.
On May 29, 2024, Bonk observed its all-time high price of $0.00004115.
At the time of writing, July 5, 2024, the current bonk price is trading within the $0.00001808–$0.0023300 range.
