Bonk Price Predictions: Where the New Bull Market Will Take the BONK Crypto (2024)

Here's where Bonk could be headed from here

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  • Interest in Bonk (BONK) price predictions is surging, as this meme token rockets 60% higher today.
  • This broad-based rally is affecting most major meme tokens today with many cryptos seeing similar moves.
  • Here’s where the experts suggest BONK could trade looking out a year or more.

Bonk Price Predictions: Where the New Bull Market Will Take the BONK Crypto (2)

What a day it has been for meme token traders. Bonk (BONK-USD) is among the top meme tokens receiving outsized interest, with many investors now checking out how this token is performing relative to Bonk price predictions from analysts.

Meme tokens have continued to surge, driven by strong leveraged bets on the sector. Liquidations data suggests that short sellers are being pushed out of their positions, as investors and speculators pile into a number of high-flying meme tokens.

Bonk’s 60% gain today has propelled this token well into the top 50 cryptos by market capitalization. Thus, this is a project seeing significant market validation from today’s trading activity — and it has seen this momentum pick up over the past week. Indeed, the seven-day move of more than 230% in BONK suggests momentum traders are in charge, with the crypto frequently hitting fresh all-time highs lately.

With this sort of momentum, investors may be interested to know where the experts think this token is headed. Here are three of the top price predictions for Bonk over the next year-plus.

Bonk Price Predictions

For context, BONK currently trades at $0.0000406 per token at the time of this writing.

  • WalletInvestor provides a one-year price prediction of $0.00000213 for BONK.
  • DigitalCoinPrice is a bit more bullish, with an average 2025 price target of $0.0000994 and an average 2029 price target of $0.000212 for the token.
  • Coincodex suggests BONK could hit a high of $0.00004500 in 2025 and as high as $0.00006413 in 2029.

On the date of publication, Chris MacDonald did not hold (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

Article printed from InvestorPlace Media, https://investorplace.com/2024/03/bonk-price-predictions-where-the-new-bull-market-will-take-the-bonk-crypto/.

©2024 InvestorPlace Media, LLC

Bonk Price Predictions: Where the New Bull Market Will Take the BONK Crypto (2024)

FAQs

Bonk Price Predictions: Where the New Bull Market Will Take the BONK Crypto? ›

For context, BONK currently trades at $0.0000406 per token at the time of this writing. WalletInvestor provides a one-year price prediction of $0.00000213 for BONK. DigitalCoinPrice is a bit more bullish, with an average 2025 price target of $0.0000994 and an average 2029 price target of $0.000212 for the token.

What is the future price of bonk? ›

Bonk Price Prediction for 2030

In a bullish market scenario driven by positive market sentiment, Bonk has the potential to surge its price to a staggering $0.000283 by the end of 2030. In a bearish market scenario, the price of the Bonk coin could witness a market correction but with a moderate rise.

What is the price prediction for bonk? ›

According to your price prediction input for Bonk, the value of BONK may increase by +5% and reach $ 0.000026 by 2030.

Will bonk go to $1? ›

Given its current market position and price trajectory, the prospect of BONK coin reaching the $1 mark appears highly unlikely. Presently, BONK trades at only a fraction of a cent, and achieving a dollar would necessitate a 45662X astronomical increase in its value.

When should I sell bonk? ›

Deciding when to sell Bonk depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

Will Bonk reach 1 cent in 2025? ›

Analysts predict a positive trajectory for the token, with average price forecasts of $0.0000320 to $0.0000380 for 2025. However, it's important to note that cryptocurrency markets are inherently volatile, and the actual prices may vary based on various factors.

How high can Bonk go in 2024? ›

In 2024, BONK is anticipated to maintain its upward trajectory, with analysts predicting an average price of $0.000074 for the token. This bullish outlook is supported by continued interest in meme coins, the growing adoption of Solana-based projects, and broader market dynamics.

Which coin will boom in 2024? ›

Top 10 Cryptos to Invest In August 2024
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Binance Coin (BNB)
  • Solana (SOL)
  • Ripple (XRP)
  • Dogecoin (DOGE)
  • Polkadot (DOT)
  • SHIBA INU (SHIB)

What is the maximum supply of bonk token? ›

BONK is -1.97% in the last 24 hours, with a circulating supply of 69.47T BONK coins and a maximum supply of 93.53T BONK coins. BONK ranks 65 by market cap. It has a 24H high of $0.00001811 recorded on Aug 31, 2024, and its 24H low so far is $0.00001696, recorded on Aug 31, 2024.

What is bonk coin used for? ›

NFTs – One of the most common ways to use BONK is in buying, selling, renting and minting NFTs. Gaming – In blockchain-based games, BONK can be used either as in-game tokens or rewards. Payments – Just as users can exchange dollars, euros, bitcoins, or ether, they can transfer BONK between wallets to pay each other.

How high can bonk go to 1 cent? ›

There will be another Bitcoin halving event in 2028, which is typically the beginning of the next bull cycle. Bonk could reach a market capitalization of $688 by 2030, giving it a 1-cent price.

Which crypto will boom in the next 5 years? ›

Which crypto will boom in 2024? Cryptos that could boom in 2024 include Render Token (a rendering network) and Solana. Bitcoin and Ethereum could also be poised for strong performances in 2024, thanks to the SEC's approval of Bitcoin ETFs and Ethereum ETFs.

What is the future prediction for bonk? ›

Bonk (BONK) Price Prediction 2030

According to your price prediction input for Bonk, the value of BONK may increase by +5% and reach $ 0.000024 by 2030.

Will Bonk burn tokens? ›

Bonk DAO burns 84 billion tokens. The proposal was passed with a 99.1% majority vote.

Can bonk reach 1 inr? ›

Conversion tables

The exchange rate of Bonk is decreasing. The current value of 1 BONK is ₹0.00 INR. In other words, to buy 5 Bonk, it would cost you ₹0.01 INR. Inversely, ₹1.00 INR would allow you to trade for 663.73 BONK while ₹50.00 INR would convert to 33,186.68 BONK, not including platform or gas fees.

Which crypto can give 1000x in 2024? ›

Let's begin.
  • Pepe Unchained – Next 1000x Crypto Built on the Layer-Two Ethereum Blockchain. ...
  • Crypto All-Stars – Next Big Meme Coin Ecosystem with High Staking APY. ...
  • Base Dawgz – A Multi-Chain Crypto Aiming to Be the Next 1000x Coin. ...
  • PlayDoge – Meme Coin With Play-to-Earn Utility and a 1000x Potential.
6 days ago

Which coin will boom in 2030? ›

Specifically, if Bitcoin adoption (measured as the number of addresses with at least 0.001 bitcoin) follows the same trajectory as internet adoption, its per-coin value would exceed $343,000 by 2030, implying about 470% upside from its current price.

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