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Bonk Price Prediction: Insights and Forecasts for 2024 and Beyond

January 07, 2025

Bonk (BONK) is another meme coin based on the Solana blockchain, launched on December 25, 2022. In 2022, Solana coin prices skyrocketed, and so did Solana tokens like Bonk.

Bonk's price increased by 34% in the first 48 hours of its launch. The coin is primarily meant to be used as a payment solution by users. The dog-themed cryptocurrency, inspired by Dogecoin, has a friendly community and aims to encourage user participation in Solana dApps.

This multi-utility feature of Bonk makes it more attractive for investors who want the volatility of a meme coin with added utility. Bonk's main competitors are other dog-themed meme coins like SHIB, DOGE, FLOKI INU, and WIF.

Bonk Price History and Market Capitalization

Solana-based meme coins like Pudgy Penguin and WIF were trending in 2024, with the potential to maintain this pace in 2025. Solana meme coins currently have an overall market capitalization of $22.5 billion and a daily trading volume of $4.7 billion.

Solana Meme Coin Market and Crypto Market

According to Block Analytics, the Solana network is enjoying massive traction due to these on-chain meme coins. With the rise of meme coins, the number of active addresses and on-chain transactions on the Solana network is reaching new heights.

Monthly Active Addresses on Solana Network

Meme coins rely on their community, as they capitalize more on online hype and FOMO (Fear Of Missing Out) rather than real utility and genuine services. These coins offer high potential ROI with increased risk tolerance.

In December 2022, as a Christmas gift, Bonk distributed 50 trillion tokens (50% of its total supply) to the Solana network contributors as an airdrop. This not only earned them a loyal community but also helped the token grow with their massive support.

The current price of Bonk is $0.00003529, with a market cap of $2.7 billion. As the cryptocurrency market is recovering, the daily trading volume of Bonk coin has increased to $292.6 million.

ATTRIBUTEVALUE
Price$0.00003529 (3.8%)
BTC Equivalent0.03465 BTC (-0.2%)
24h Range$0.00003356 - $0.00003591
Market Cap$2.69 billion
Fully Diluted Valuation$3.21 billion
24 Hour Trading Volume$292.66 million
Circulating Supply76.23 trillion
Total Supply90.96 trillion
Max Supply90.96 trillion

The token has a total supply of 90.963 trillion Bonks and a circulating supply of 76.233 trillion tokens. To celebrate Christmas 2024, Bonk burned 1.6 trillion tokens worth $53.5 through its 'Burnmas event'. The deflationary nature of the coin creates scarcity in the market and helps the price rise with the same market cap. You can buy Bonk from centralized exchanges (CEX) like Binance and OKX, and from decentralized exchanges (DEX) like Raydium, Jupiter, and Uniswap.

Bonk Price Analysis

Bonk price has fluctuated over the years due to the high volatility of the crypto market and the charged meme coin community. The market sentiment for a meme coin like Bonk is generally positive. Therefore, we see major price pumps and dumps compared to other cryptocurrencies.

Bonk Price Prediction and current bonk sentiment

In 2023, as shown in the above price chart, Bonk slashed by 43% due to a bearish crypto market. In 2024, the Bonk price increased by 104%, reaching a maximum price of $0.000062 in November.

In the first week of 2025, the price of Bonk has increased by over 15%. This increased price volatility attracts optimistic investors looking for quick gains.

Technical Indicators

For the Bonk price forecast, it is necessary to analyze both technical and fundamental indicators. The technical analysis of Bonk shows a neutral-to-bullish sentiment for the Bonk market. The moving average indicator shows a bullish trend for Bonk price. However, Oscillators like RSI and Stochastic show a 'sell indication' due to the recent market correction.

Bonk Price Prediction: Technical Analysis

If we look at the Bonk chart and latest data, the current price is 39% higher than the average price of Bonk today. On the daily chart, the price ranges between EMA 100 and 200 while the Relative Strength Index and Stochastic indicators show 47 and 51 respectively, indicating a neutral behavior.

Correlation with Other Cryptocurrencies

Compared to other meme coins, Bonk stands at #5 in market cap, after Dogecoin, Shiba Inu, Pepe, and Pudgy Penguins. Among Solana meme coins, Bonk stands #2 after Pudgy Penguins, a new meme coin with over 40% increase in the last 30 days.

During the last 30 days, WIF lost 46% of its value, followed by Shiba Inu and Pepe, with a respective 25% and 19% price decline.

Among the top eight meme coins by market capitalization, five coins are based on the Solana blockchain. These coins play a major role in boosting the price of Solana coin. The current market shows that Solana meme coins are in an uptrend and have a promising future.

RANKNAME (TICKER)PRICE30D PRICE CHANGEMARKET CAPMARKET CAP/FDV
7Dogecoin (DOGE)$0.3909-15.2%$57.50 billion1.0
17Shiba Inu (SHIB)$0.00002428-24.8%$14.29 billion1.0
25Pepe (PEPE)$0.00002109-19.4%$8.85 billion1.0
59Pudgy Penguins (PENGU)$0.04493+40.5%$2.81 billion0.71
61Bonk (BONK)$0.00003607-24.6%$2.73 billion0.84
67ai16z (AI16Z)$2.26+271.1%$2.47 billion1.0
76Dogwifhat (WIF)$2.12-46.3%$2.12 billion1.0
77Floki (FLOKI)$0.0002038-24.2%$1.97 billion0.97

However, one drawback of meme coins like Bonk, Floki, and Pengu is that their total supply is not in circulation. This means some tokens will be added to the circulating supply, pushing down the price of the tokens as the supply and demand equation imbalances.

There are over 6 trillion tokens of Bonk waiting to be released, making it harder to predict the price of Bonk. However, with consistent burn events, the future circulating supply of the tokens can be reduced to create more demand.

Price Prediction

Bonk price prediction 2024 was $0.000085 by Coinpedia. However, the maximum price of Bonk increased to $0.000062, missing the estimated price prediction by 30%. The Bonk price prediction claimed by different online sources varies depending on various factors. Some sources are highly optimistic, while others have followed a more realistic approach. For this Bonk price prediction, we'll use technical indicators, project fundamentals, on-chain data, and other online tools.

Price of Bonk: Short-Term Forecast

In the short term, Bonk price prediction seems bullish, followed by a minor correction. The average price remains equal to the current price during this period. Bonk price is expected to rise to a maximum price of $0.000036 as the Bonk market cap recovers. It may then take a minor correction, potentially reaching $0.000032.

Bonk Price Prediction: Technical Analysis

EMA 200 and EMA 100 (blue line and cyan line) act as major support levels, holding the price high. The price prediction depends on the overall structure forming on the higher timeframes, discussed in the mid and long-term analysis. Day traders can buy Bonk at above $0.000033 for a better ROI.

Bonk Price Prediction: Mid-Term

Now regarding the mid-term Bonk price prediction, the token will reach the highest price of $0.000040 in the next week. The Bonk price seems to reach half of the demand and showing a reversal to the support levels. In case of a breakout from these resistance levels, the Bonk expected price would be $0.000040 or even higher.

Mid-Term Bonk Price Prediction 2025

The support is at the psychological level of $0.000030. During next week, Bonk's price action seems neutral, and the price is predicted to trade parallel channel between $0.00003394 and $0.00005495. Can Bonk rise above $0.000055? That depends on the long-term Bonk price prediction.

Bonk Price Prediction: Long-Term Forecast

Bonk is forecasted to trade in a price channel between $0.00005790 and $0.000101 in 2025. The average price of Bonk in 2025 is expected to be $0.00009239. Bonk price prediction for 2025 stands bullish as the price of Bonk is expected to reach a maximum of $0.000101 during Q3 2025.

Technical analysis Bonk Maximum Price 2025

The price is expected to soar more than 57% from the all time high (ATH) of Bonk price of the past year. Currently, the price of Bonk is 39084.4% up from the all time low (ATL).

Will Bonk Reach $0.01, $0.1, or $1?

To know whether Bonk can reach $0.01, we first need to understand the supply and market dynamics of the token. There are 76.25 trillion BONK in circulation, with a total and maximum supply of 90.96 trillion. The price of BONK can be calculated as:

  • Current Circulating Supply: 76.25 trillion BONK
  • Total Supply: 90.96 trillion BONK
  • Current Price: $0.00003365
  • Current Market Cap: Circulating Supply × Price

Current Market Cap = 76.25 trillion × $0.00003365 ≈ $2.57 billion

If Bonk were to reach $0.01, the required market cap would be:

  • Required Market Cap = Circulating Supply × Desired Price
  • 76.25 trillion × $0.01= $762.5 billion

To achieve a $0.01 price, Bonk would need a market cap of $762.5 billion. This is an enormous value, surpassing the current market cap of many top-tier global assets.

  • Bonk would need to gain 29,116.86% to reach $0.01.
  • Bonk would need to gain 292,068.56% to reach $0.1.
  • Bonk would need to gain 2,921,585.59% to reach $1.

So, unless there is a considerable reduction in Bonk's supply through mechanisms like token burns the $0.01 price target for Bonk is highly unrealistic as no level of adoption can push the price of Bonk to $0.1 or $1 in the near future.

Bonk Price Prediction 2025

According to CoinCodex, Bonk price prediction 2025, the coin offers 376% ROI as a good investment. The price peaks during Q2, 2025, followed by a stable decline to 174% by the end of the year. The highest price of $0.000169 is projected in Q2, while Q3 and Q4 show reduced volatility with prices averaging around $0.00009363. With consistent ROI above 100% across all quarters, Bonk remains an attractive option for mid-term investors.

Bonk Price Prediction 2030

Bonk's average price is projected to pass $0.0001, and potential ROI remains high in 2030, ranging between 293% to 213%. As Bonk seeks new partnerships and makes its way to new exchanges, the price of Bonk could rise above the indicated levels. By 2030, Bonk is expected to reach a price of $0.000366, offering steady growth and reliable returns for long-term investors.

Sentiment and Fear & Greed Index

  • Average Sentiment (24h): Bonk has an average sentiment score of 3.1 out of 5.
  • Social Media Score (24h): Bonk ranks #17 with a 3.21M score, strong engagement, and visibility in the crypto space.
  • Social Contributors (24h): Over 2.23K unique contributors interacted with Bonk-related content
  • Social Media Mentions (24h): There were 647 mentions of Bonk across platforms, an increase of 53%.
  • Social Media Dominance (24h): Bonk's dominance is at 0.06%.
Invest in Bonk: Drop in social interest

The current Bonk sentiment is neutral, as 74% maintain a wait-and-see approach. Efforts to convert neutral sentiment into bullish would require considerable input from the community.

How to Read and Predict Bonk Price Movements

Understand Bonk Price Charts

Bonk price prediction requires an understanding of both charts and project fundamentals. The traders use technical indicators, candlestick charts, and on-chain data to understand past performance and predict future moves.

Understand Fundamentals

Understanding fundamentals like coin distribution, partnerships, and utilities can help predict the price of an asset. Bonk has a massive supply of tokens distributed among contributors, developers, and other groups.

Bonk Fundamental analysis

The price action of Bonk is driven by supply and demand. Bonk still has 6.83 trillion tokens locked, waiting to be added to the supply. Without consistent token burns, it will be hard to maintain demand and keep the price of the token bullish.

Bonk Price Prediction Tables

The Bonk token shows a promising trajectory with significant growth potential, as observed from its quarterly data for 2025 to 2030. In 2025, Bonk's average price starts at $0.00007215 in Q1, reaching $0.00009066 by Q4. The ROI follows the same pattern and reaches a high of 376% in Q2 before declining to 174.76% in Q4.

BONK Price: 2025 - 2030

YEARQ1 PRICEQ2 PRICEQ3 PRICEQ4 PRICE
20250.0001080.0001127.70E-058.50E-05
20268.60E-056.10E-055.30E-053.60E-05
20300.0001330.0001210.000120.000105

BONK ROI: 2025 - 2030

YEARQ1 ROI (%)Q2 ROI (%)Q3 ROI (%)Q4 ROI (%)
2025295.6251.7143.7165.9
202615784.563.322.7
2030293.1262.7243.9213.6

The price prediction values are taken from Coincodex and technical price analysis. Overall, Bonk is expected to show a strong long-term growth potential with increased volatility.

Conclusion

Bonk's price is expected to increase in the short term, with a predicted high of $0.000040 in the next week, as suggested by the technical analysis. By the next month, the Bonk price prediction shows the price nearing the token's ATH. The average price of Bonk will increase to $0.000092 during 2025 and further increase in the coming year. Bonk's long-term price prediction is bullish. However, the price will soar with frequent corrections.

This is not investment advice; always conduct your own research before making financial decisions.

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