BONK Price Prediction: Can It Overwhelm SHIB?

First, logically comparing, the monthly price predictions of Shiba Inu and BONK show a huge difference. BONK’s price is expected to rise by 223% in August 2024, while SHIB’s price is expected to fall by 3%.

According to our current Shiba Inu price prediction, Shiba Inu’s price could drop by -3.32% to $0.00001648 by August 28, 2024. According to our technical indicators, Shiba Inu’s price today is $0.00001664, with a 24-hour trading volume of $211.2 million, a market cap of $9.81 billion and a market dominance of 0.41%.

With a price reduction of -3.43% in the past 24 hours, the current sentiment is bearish, while the Fear & Greed Index shows a reading of 67 (Greed). Shiba Inu has recorded 16/30 (53%) green days in the past 30 days with a price volatility of 6.03%.

Similarly, for BONK, I predict a significant price increase in August 2024.

Based on our current Bonk price prediction, the price of Bonk could increase by 226.99% to $0.00009158 by August 27, 2024.

According to our technical indicators, BONK is currently trading at $0.00002709 with a 24-hour trading volume of $176.14 million, a market cap of $1.82 billion and a market dominance of 0.08%, up a staggering 26275% since its launch.

Despite a -6.96% decrease in BONK price in the past 24 hours. The current market sentiment is neutral, while the Fear & Greed Index shows a reading of 67 (Greed).

In the past 30 days, Bonk recorded 15/30 (50%) green trends, with a price volatility of 11.54%. In the past 1 month, the USD price of Bonk has increased by 21.26%.

The indicator shows that SHIB is being weakened by BONK, and it can be seen that BONK is about to surpass SHIB. However, the unpredictability of the industry can always overturn predictions, so users must be cautious when making important decisions.