How High Can It Trade This Weekend?

At press time, the token is trading at $0.0000321, denoting an uptrend of 54% in the last month.

Launched as the first dog-themed token on Solana, BONK is dubbed a coin created for “the people, by the people.” The launch of BONK was accompanied by a noteworthy airdrop event that led Solana ecosystem enthusiasts to interact and hold BONK for trading purposes.

With the current market pace and momentum, the dog-inspired token will soon establish a new price threshold to deliver stellar returns to its investors.

BONK Price Forecast For The Weekend

Per CoinCodex, BONK may spike nearly by 31% to trade at the $0.00004313 price level by the weekend.

The platform further adds that BONK may surge by 50% to trade at $0.00004936 around May 28.

“The token price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Bonk projections, the token will be changing hands at $0.00004936 on May 28, 2024, gaining 50.04% in the process.”

The monthly forecast looks particularly favorable for BONK. By June 21, the token is expected to encounter a massive surge of 237%, trading at a higher price threshold of $0.00011.

Also Read: Ripple: Analyst Predicts XRP To Surge 250%, Hit $1.88 Target

“According to our current price prediction, the price of the token is predicted to rise by 235.07% and reach $0.00011 by June 20, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 76 (extreme greed). The token recorded 15/30 (50%) green days with 7.29% price volatility over the last 30 days.”