bitcoin
Bitcoin (BITCOIN)
$98,391 2.71%
ethereum
Ethereum (ETHEREUM)
$2,774 5.41%
binancecoin
BNB (BINANCECOIN)
$668.60 -0.45%
solana
Solana (SOLANA)
$204.20 6.15%
ripple
XRP (RIPPLE)
$2.75 12.74%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000017 5.81%
pepe
Pepe (PEPE)
$0.000011 11.20%
bonk
Bonk (BONK)
$0.000019 11.24%
bitcoin
Bitcoin (BITCOIN)
$98,391 2.71%
ethereum
Ethereum (ETHEREUM)
$2,774 5.41%
binancecoin
BNB (BINANCECOIN)
$668.60 -0.45%
solana
Solana (SOLANA)
$204.20 6.15%
ripple
XRP (RIPPLE)
$2.75 12.74%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000017 5.81%
pepe
Pepe (PEPE)
$0.000011 11.20%
bonk
Bonk (BONK)
$0.000019 11.24%
bitcoin
Bitcoin (BITCOIN)
$98,391 2.71%
ethereum
Ethereum (ETHEREUM)
$2,774 5.41%
binancecoin
BNB (BINANCECOIN)
$668.60 -0.45%
solana
Solana (SOLANA)
$204.20 6.15%
ripple
XRP (RIPPLE)
$2.75 12.74%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000017 5.81%
pepe
Pepe (PEPE)
$0.000011 11.20%
bonk
Bonk (BONK)
$0.000019 11.24%
Disclosure
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Bonk Price Prediction: Why BONK Could Soon Rally to $0.00003878

Highlights:

  • BONK Trading bot set to draw in a lot more investors to BONK
  • BONK forms a bullish flag pattern indicator of bullish sentiment
  • Rally to $0.00003878 could be the key target in case of a breakout

Bonk (BONK) is one of the big gainers among the top 100 cryptocurrencies by market cap. In the last 24 hours, BONK has gained by 12% and, at the time of going to press, was trading at $0.00003257. Trading volumes are also rising, signaling the rising investor interest in BONK.

Advertisement

Banner

Bonk Trading Bot Excites the Market

One of the key factors driving BONK’s price action is the launch of Bonk trading on the Pocket Protector Bot. Trading BONK with the bot only needs a minimum of $50, which can be accessed through Telegram. This is a big deal as it opens up more trading options for the bonk community. After obtaining the Bot, users will have until January 28 to engage in this transaction. Furthermore, users must execute the /link command on their Solana wallet to join this promotion.

The Telegram-enabled Pocket Protector Bot is an exquisite addition to the crypto trader’s toolkit. With the ability to view their friend’s group chat scans, promptly follow and copy winning traders, and receive multiple trading alerts, the all-inclusive Pocket Protector Bot is now a must-have for all crypto enthusiasts. Further, the inclusion of this Telegram bot adds a revolutionary change to foster new crypto communities by making trading interactive.

BONK Unique Marketing Adding to Price Momentum

This BONK initiative comes as BONK has become one of the most discussed meme coins in the cryptocurrency world. Although it is primarily associated with one of the tokens built on the Solana blockchain, BONK has set itself apart with its edgy identity slogans and mascot-themed branding. 

This has allowed it to capture the niche of empowering the Solana community. Bonk also has a user-centric model; unlike most venture capital-driven tokens, Bonk seeks to redistribute power to users. This has previously been successful with the likes of Doge and could see BONK rally to new highs in an all-out bull market.

Trump Drawing Focus on Top Meme Coins Like BONK

Besides the excitement around the new BONK trading bot, excitement is on the rise across the market. This is especially true in meme coins, where the focus has gone since Donald Trump launched his meme coin. For BONK, which already has an established market presence, this could trigger a rally to new price highs as investors FOMO into the market.

Cryptocurrency Bull Market Could Start Soon

Bonk also stands because Trump appears to be on track to keep his promises to the cryptocurrency market. Despite not mentioning cryptocurrencies during his inauguration, his latest moves point to the fact that he is keen on this market. A big pointer on this front is the fact that he has pardoned Silk Road founder Ross Ulbricht

This is a hint that he could follow up with even bigger actions like the promised Bitcoin Strategic Reserve as he settles into the presidency. All this makes the near future significantly bullish for top meme coins like Bonk in the short to medium term.

Technical Analysis – BONK Price Forms Bullish Flag Pattern

From the charts, it is quite evident that momentum is already building up around Bonk. On the 2-hour chart, BONK has formed a bullish flag pattern. This is an indicator that a continuation of the momentum BONK has built up in the week is likely. If bulls take control intra-day, the key level to watch would be the $0.00003556 intra-day resistance.

BONK
Source: TradingView

A rally through this resistance could see BONK rally to $0.00003876 in the short term. However, if bears take control and push BONK through $0.00003169 support, then a correction to $0.00002844 could follow. With BONK gaining traction relative to other meme coins, a rally to $0.00003876 would be more likely.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Advertisement

Banner

Advertisement

Banner

Advertisement

Banner