Key takeaways
- Bonk price prediction for 2024 anticipates a maximum price of $0.000027.
- Our Bonk price prediction for 2027 anticipates a price range of $0.000078 to $0.000090.
- In 2030, we expect Bonk price to record a maximum price of $0.000303 with an average price of $0.000265.
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
| Cryptocurrency | Bonk |
| Token | BONK |
| Price | $0.00001822 |
| Market Cap | $1,283,333,828 |
| Trading Volume | $87,257,951 |
| Circulating Supply | 70,543,182,704,065 BONK |
| All-time High | $0.00004547 Mar 04, 2024 |
| All-time Low | $0.00000008614 Dec 29, 2022 |
| 24-h High | $0.00001846 |
| 24-h Low | $0.00001762 |
Bonk price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $0.00003 |
| Volatility | 6.76% |
| 50-Day SMA | $ 0.00002275 |
| 14-Day RSI | 35.80 |
| Sentiment | Bearish |
| Fear & Greed Index | 26 (Fear) |
| Green Days | 11/30 (37%) |
| 200-Day SMA | $ 0.00002321 |
Bonk price analysis: Coin value devalues below $0.00001822 marker
TL;DR Breakdown:
- Bonk price analysis confirms a downward trend at $0.00001822.
- The coin has gained up to 1.65% of value from its previous close.
- Bonk prices are seeking resistance around $0.00001833 border.
On 21 September 2024, Bonk price analysis revealed a downward trend for the cryptocurrency. Coin value has depreciated to $0.00001822 end in the last 24-hours. Moreover, if we talk about the overall recovery, then the cryptocurrency has received up to 1.65% of boost today. The market sentiment remains positive, however, today the coin value experienced a considerable downfall.
Bonk 1-day price chart analysis
The 1-day price chart of Bonk revealed a decreasing trend for the cryptocurrency. Coin value has devalued to $0.0000182 low in the past 24-hours. Conversely, the overall market sentiment remains positive considering the hike this week. As the volatility is on the increasing side, this indicates an upcoming reversal within the market trends.
The gap between the Bollinger bands defines market volatility. As this gap is expanding, this indicates a rising market volatility. Moreover, the upper end of the Bollinger bands indicator, acting as the resistance band, is at $0.00001833. Whereby, the lower end of the Bollinger bands indicator, serving as support, is at $0.00001548.
The Relative Strength Index (RSI) indicator is hovering in the neutral region. Its value has dropped down to 54.04 in the last 24-hours. This decreasing movement confirms a bearish trend, and a rising selling pressure. If the selling activities continue to dominate over the buying activities, further descent in the RSI value can be expected soon.
BONK /USD 4-hour price chart analysis
The four-hour price analysis of Bonk confirmed a declining trend for the cryptocurrency. Coin value has dropped down to $0.00001822 in the past four hours. The selling pressure remained high during the past few hours of the day. Despite the early increases, currently the bears have secured the lead once again.
The Bollinger bands are converging, confirming a decline in the volatility. This decline in the volatility signifies a lower market unpredictability. Moreover, the upper limit of the Bollinger bands indicator is now at $0.00001890, securing the resistance point. Whereas, the lower limit of the Bollinger bands indicator is at $0.00001668, indicating the available support.
The RSI indicator is present close to the overbought threshold. However, in the past four hours, its value has been reduced to 62.36. Considering the earlier upside, the RSI value has improved immensely. The descending curve as observed in the past few hours signifies a rise in the selling pressure. If the RSI value continues to recede, this can lead the market towards further instability.
Bonk technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.00001731 | SELL |
| SMA 5 | $ 0.00001770 | SELL |
| SMA 10 | $ 0.00001933 | SELL |
| SMA 21 | $ 0.00001944 | SELL |
| SMA 50 | $ 0.00002275 | SELL |
| SMA 100 | $ 0.00002466 | SELL |
| SMA 200 | $ 0.00002321 | SELL |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $ 0.00001851 | SELL |
| EMA 5 | $ 0.00001849 | SELL |
| EMA 10 | $ 0.00001887 | SELL |
| EMA 21 | $ 0.00002026 | SELL |
| EMA 50 | $ 0.00002252 | SELL |
| EMA 100 | $ 0.00002352 | SELL |
| EMA 200 | $ 0.00002174 | SELL |
What to expect from Bonk price analysis
Bonk price analysis for the day gives out a highly bearish prediction regarding the ongoing market events. Coin value has dropped down to $0.00001822 in the past 24-hours. Considering the earlier ascent, the cryptocurrency has achieved an overall recovery up to 1.65%. Technical indicators are giving out a neutral verdict, however; the price charts continue to favor the bears. If the selling activities continue to accelerate, further downside in coin value may be observed soon.
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 $0.00001822. Today’s decreasing pressure triggered a 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
- Bonk posted a summary of its entire week’s activities during the Solana Conference, including its Bonk for Paws Charity initiatives, which will take place on September 20 and 21, on the X platform.
- Bonk has been nominated as an official presenting partner by Baseball United, based in Dubai, and the first professional baseball league with a Middle East and South Asian focus. Baseball United has also named BONK as the Presenting Partner of the Baseball United Cup, the region’s first franchise event, and the upcoming Arab Classic, a national team competition.
Bonk price prediction September 2024
Bonk price prediction for September 2024 is a minimum value of $0.0000158 and an average price of $0.0000185. The price could reach a maximum of $0.0000212 during the month.
| Month | Potential Low | Potential Average | Potential High |
| September | $0.0000158 | $0.0000185 | $0.0000212 |
Bonk price prediction 2024
Bonk price prediction for 2024 anticipates a minimum value of $0.000025 and an average price of $0.000026. The price could reach a maximum of $0.000027 during the year.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.000025 | $0.000026 | $0.000027 |
Bonk price prediction 2025-2030
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $0.000037 | $0.000038 | $0.000044 |
| 2026 | $0.000051 | $0.000052 | $0.000063 |
| 2027 | $0.000078 | $0.000080 | $0.000090 |
| 2028 | $0.000117 | $0.000120 | $0.000132 |
| 2029 | $0.000174 | $0.000179 | $0.000202 |
| 2030 | $0.000258 | $0.000265 | $0.000303 |
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 $0.000038. The maximum forecast price for 2025 is $0.000044.
Bonk price prediction 2026
The Bonk price forecast for 2026 suggests BONK cryptocurrency could reach a minimum price of $0.000051 and an average price of $0.000052. BONK coin is estimated to reach a maximum price of $0.000063.
Bonk price prediction 2027
Ripple Bonk price forecast for 2027 estimates a minimum value of $0.000078 and an average trading price of $0.000080. The maximum price forecast for 2027 is $0.000090.
Bonk price prediction 2028
The Bonk forecast for 2028 expects the price of 1 BONK to reach a minimum of $0.000117 in 2028. The BONK price can reach a maximum level of $0.000132, with an average price of $0.000120 throughout 2028.
Bonk price prediction 2029
The Bonk price prediction for 2029 estimates that BONK to attain a minimum value of $0.000174 and an average price of $0.000179, with a maximum price of $0.000202.
Bonk price prediction 2030
According to the Bonk price forecast for 2030, BONK is predicted to hit a minimum price of $0.000258 and an average price of $0.000265 throughout the year 2030. The maximum forecasted BONK price for 2030 is set at $0.000303.
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 $0.000029 near the end of 2024. In 2025, the XRP price will range between $0.000037 and $0.000045. In 2030, the cryptocurrency will range between $0.000237 and $0.000283, with an average price of $0.000246. 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.
- 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 is trading near $0.0000175 range.
