Bonk price prediction 2024 – 2030: How high will Bonk go?

Key takeaways

• Bonk price prediction for 2024 anticipates a maximum price of $0.000141.
• Our Bonk price prediction for 2027 anticipates a price range of $ 0.00005776 to $ 0.00006925.
• In 2030, we expect Bonk price to record a maximum price of $ 0.000113 with an average price of $ 0.000116.

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. Interestingly, 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 its popularity and appeal, Bonk 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. Several 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

Bonk price prediction: Technical analysis

Bonk price analysis: Bonk devalued to $0.00003094 amidst descent

 TL;DR Breakdown:

• Bonk price analysis confirmed a downtrend at $0.00003094.
• Cryptocurrency has lost up to 13.18% of its value through the day.
• BONK coin prices are targeting resistance at $0.00004778.

On December 21, 2024, Bonk price analysis confirmed a downward trend for the cryptocurrency. BONK/USD value deteriorated to a $0.00003094 low in the past 24 hours. Side by side, the overall market sentiment remained on the bearish side as well. Despite the bullish trend yesterday, today the market trend remained highly bearish. 

Bonk 1-day price chart analysis

The one-day price chart of Bonk coin revealed a bearish trend for the cryptocurrency. Its value has dropped down to $0.00003094 low in the past 24 hours. As the volatility is increasing, there is a higher chance of a reversal soon.

The distance between the Bollinger bands determines the market volatility. Currently, the Bollinger bands are expanding; this refers to an increasing volatility. Moving on, the upper end of the Bollinger Bands indicator is at $0.00004778, indicating the resistance threshold. Conversely, the lower end of the Bollinger Bands indicator is at $0.00002891, signifying available support.

The Relative Strength Index (RSI) indicator is present within the neutral area. Its value has decreased to index 38.96 in the past 24 hours. The descending curve on the RSI graph signifies a bearish victory. The selling activities remained high today, resulting in a considerable loss. If the bearish momentum continues to grow, the market can enter a period of instability. 

BONK /USD 4-hour price chart analysis

The four-hour price analysis of Bonk coin confirmed a declining market trend for the currency. Cryptocurrency value has descended to a $0.00003087 low during the past few hours. Red candlesticks on the four-hour price chart refer to a downward momentum.

The Bollinger bands are converging, leading to a decreasing volatility. The receding volatility levels refer to a relatively lower market unpredictability. Moving on, the upper Bollinger band, acting as the resistance band, has shifted to $0.00003587. Whereas the lower Bollinger band, serving as the support band, has moved to $0.00002595. 

The RSI indicator is present within the neutral region. Its value has dropped down to index 46.75 in the past few hours. The continuous slope on the RSI indicator indicates a negative market trend. The bears have been securing victories since the earlier part of the day. The constant downside refers to a relatively imbalanced trading environment.

Bonk technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA) 

What to expect from Bonk price analysis

Bonk price analysis gives out a highly bearish prediction regarding the ongoing market events. Coin value has depreciated down to $0.00003094 low over the past 24 hours. Overall, the cryptocurrency lost up to a massive 13.18% of value through the day. The past few weeks remained in favor of the bears, leading to a considerable loss. Technical indicators as well as the price charts continue to give out a bearish overview of the market. 

Is Bonk a good investment?

After its launch in December 2022, Bonk quickly gained traction. Being on the Solana blockchain triggered a huge surge in SOL’s price, 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 lost a substantial portion of its value over the last 24 hours. In the last few hours, its value decreased by $0.000003094. Today’s decreasing pressure triggered a massive descent in the coin’s value.

Will Bonk Recover?

Bonk is currently trading in its middle price range. Considering the current situation, 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 $0.0000255. However, just a few days ago, Bonk saw some price action above this level. Bonk may not break above this level in the short term, 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 surpass it by 2028. When Bonk reaches this price level, its market capitalization will increase 4.5-fold.

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

• This month, Bonk aims to achieve its goal of burning 1 trillion BONK tokens by Christmas. The team has encouraged users to contribute to the burning process through specific engagement activities. For example, users can help burn 1,000 BONK tokens simply by posting #LetsBONK on their X platform timeline.

Bonk price prediction December 2024

Bonk price prediction for November 2024 is a minimum value of $ 0.00004265 and an average price of $ 0.00008290. The price could reach a maximum of $ 0.000146 during the month.

Bonk price prediction 2024

Bonk price prediction for 2024 anticipates a minimum value of $ 0.00004265 and an average price of $0.000006909. The price could reach a maximum of $ 0.000146 during the year.

Bonk price prediction 2025-2030

Bonk price prediction 2025

The Bonk price forecast for 2025 is for BONK cryptocurrency to trade at a minimum price of $ 0.00007303 and an average price of $ 0.000117. The maximum forecast price for 2025 is $ 0.000203.

Bonk price prediction 2026

The Bonk price forecast for 2026 suggests BONK cryptocurrency could reach a minimum price of $ 0.00003549 and an average price of $ 0.00006473. BONK coin is estimated to reach a maximum price of $ 0.000108.

Bonk price prediction 2027

Bonk coin price forecast for 2027 estimates a minimum value of $ 0.00003896 and an average trading price of $ 0.00004653. The maximum price forecast for 2027 is $ 0.00008033.

Bonk price prediction 2028

The Bonk forecast for 2028 expects the price of 1 BONK to reach a minimum of $ 0.00006366 in 2028. The BONK price can reach a maximum level of $ 0.000137, with an average price of $ 0.00008625 throughout 2028. 

Bonk price prediction 2029

The Bonk price prediction for 2029 estimates that BONK to attain a minimum value of $ 0.000111 and an average price of $ 0.00017, with a maximum price of Bonk to be $ 0.000276.

Bonk price prediction 2030

According to the Bonk price forecast for 2030, BONK is predicted to hit a minimum price of $ 0.00011 and an average price of $ 0.000139 throughout the year 2030. The maximum forecasted BONK price for 2030 is set at $ 0.000166.

Bonk market price prediction: Analysts’ BONK price forecast

Cryptopolitan’s Bonk (BONK) price prediction

Our forecast shows that Bonk will achieve a high price of $ 0.000146 near the end of 2024. In 2025, the Bonk price will range between $ 0.00007303 and $ 0.000203. In 2030, the cryptocurrency will range between $ 0.00011 and $ 0.000166, with an average price of $ 0.000139. It is important to consider that the predictions are not investment advice. Professional consultation is suggested, or one should do his own research.

Bonk historic price sentiment

• 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, reaching $0.0000034 per coin on January 5, 2023, according to crypto market records.
• 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, 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 higher price level, averaging around $0.00001190, fluctuating 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.
• In July 2024, bonk token traded within the $0.0000182–$0.0000339 range.
• Bonk went in a downward spiral in late July, the token covered a range downwards reaching a price range of $0.0000223 in August.
• At the start of September the token was trading near $0.0000175 range. and reached $0.00002420 by the end of the month.
• At the start of October, Bonk touched $0.0000256 momentarily but closed the month at $0.00002031. However, November saw an ATH of $0.00005825.
• At the start of December BONK is trading near $0.00004280 after correction.

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