BONK Coin, a popular memecoin on the Solana blockchain, is struggling to break resistance levels, even as ex-Wall Street traders predict a 5000% surge for other emergent Solana memecoins. The
BONK Coin has been losing support levels, causing worry among investors, and has systemic capitulation against utility coins like Rollblock. Although the future price trajectory remains uncertain, some analysts predict it can touch $0.00010 in the years 2024-2030 while others envision severe bearish momentum alongside SHIB and PEPE.
Amid this fluctuating market reality, new contenders like an unnamed $0.0003 Solana memecoin are poised to outpace BONK. Declining faith in BONK is evident with traders rushing to explore other memecoin opportunities while BONK sinks 2%. Meanwhile, its token burn proposal and whale activity resulted in a temporary 25% surge, and it continues to catch attention in the memecoin index launched by a major exchange. Celebrities are further driving memecoin surges, including BONK.
Despite intended token burns and bullish predictions, BONK is facing a significant downward price adjustment by analysts foreseeing a large exodus from BONK and WIF. Meanwhile, a new coin is positioned to join the list that maintained over 200x all-time price surge along with Dogecoin and BONK. Amid these developments,
BONK Coin has become the largest memecoin on Solana with the expectations of hitting new all-time highs.
BONK Coin News Analytics from Tue, 12 Mar 2024 07:00:00 GMT to Fri, 06 Sep 2024 19:00:00 GMT -
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- Innovation -8
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