$700 Million Pumps Predict Bonk Price #BONK 10%: Buy Now?

Bonk has risen 9% in 24 hours to $0.00003445, while the crypto market has gained 2.5%.

BONK is down 16% in a week, whereas the Solana-based meme currency is up 7% and 24% in two weeks and a month, respectively.

Its 7,700% growth over the last year makes it one of the top-100 currencies.

With the market entering a new growth phase, the Bonk price may rise higher.

Time to Buy? $600 Million Trading Volume Pumps BONK 9.3%
BONK's chart shows a huge momentum gain, but its indications imply it might keep climbing.

The 30-day moving average (orange) is advancing toward the 200-day average (blue), but BONK must move substantially above the 200-day to become overbought.

Though it dropped this morning, the coin's relative strength index (purple) surged to 70 early this morning, suggesting it may recover shortly after spending much of the week below 50.


BONK's 24-hour trading volume is over $600 million, which is significant for recent levels.

BONK has witnessed whale buying in recent weeks, indicating rising demand and momentum.


Meme tokens are positive right now because GameStop trader Roaring Kitty has returned to work in recent weeks and announced a $180 million GameStop stock stake this week.

This has increased meme token demand and enthusiasm, which aided during the 2021 GameStop surge.


BONK has been a favorite with whales despite having nothing basic that makes it more likely to rise than other major meme currencies.

Since hitting a record high of $0.00004547 on March 4, it's expected to witness erratic rallies and declines in the coming months.

Improved inflation may lead to rate decreases later in the year, supporting its performance.

This might push Bonk to a record high of $0.000050 by Q4.

#altcoins #BONK🔥🔥 $BONK @Bonk!