Cryptocurrency markets are having a hard time. With the effect of the decline in Bitcoin, altcoin projects also tend to decline. The situation is no different for meme coin projects.
BONK, one of the most popular meme coins, has upset its investors by losing more than 25 percent of its value in the last 30 days. According to CoinGecko data, red color stands out predominantly in the charts. One wonders about BONK's price performance, as it has gained more than 6,000% in value in the last year.
Let's take a look at the analysis of price prediction platform Changelly for investors speculating on the future of Solana-based meme coin BONK.
According to BONK price prediction analyzes until 2050, the probability of BONK becoming 1 dollar seems low. Considering that volatility prevails in the crypto market, it is difficult to make an accurate prediction on whether BONK will hit $1. However, with its current performance, it can be said that the 1 dollar level is far away.
At the time of writing, the price BONK is trading at is $0.00002237. It is wondered what direction BONK, which is among the meme coin projects with many zeros, will move in the coming days.
Investors are interested in pre-sale coins that offer the opportunity to invest at low prices, rather than meme coin projects that show uncertainty in the market. Because there is a potential for an increase in the prices of such coins when they are listed on stock exchanges.
Another BONK alternative project that has attracted attention recently is a dog coin called Shiba Shootout. This project, waiting for early stage investors, draws attention with its pre-sales performance.
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