Crypto

Bonk Towards All Time High: Buy or Wait?


Like all alts and memecoins, bonk is also showing great signs of rally and scaling new highs.

In this article, we will look at next direction of bonk crypto along with latest news and technical levels.

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BONK Crypto Next Target

  • Current Price: ~$0.00003455
  • 24h Price Change: +1.65%
  • 24h Range: ~$0.00003251 – $0.00003673
  • Market Cap: ~$2.82 billion
  • 24h Trading Volume: ~$1.15 billion
  • Circulating Supply: ~81 trillion BONK
  • Max Supply: ~88.9 trillion BONK
BONK Crypto Next TargetBONK Crypto Next Target

Price had a bullish breakout from Channel Down pattern and has rallied to $0.000036 resistance for +140% gain. It also broke above 200 SMA, which signals resumption of Uptrend. If it breaks above that, it could revisit $0.000050 next.

Key Technical Indicators

  • RSI (~14): Inches toward neutral-bullish territory, registering a ~0.3% daily rise
  • Volume: Daily turnover near $1.15B, ~60% of market cap—indicates strong momentum
  • Support Zones: ~$0.0000325, then $0.0000310
  • Resistance Zones: ~$0.0000367, then $0.00004–$0.000045
  • Trend: Building a base within a bullish consolidation, possibly eyeing breakout

Latest Bonk News & Developments

  • Solana Meme Coin Gaining Traction
    BONK continues to stand out among meme coins in July, with increasing relevance in DeFi and NFT activities on the Solana blockchain.
  • Speculative Growth Forecasts
    Analysts project a potential price range of $0.000065–$0.000075, especially if larger-cap tokens like BTC and ETH remain bullish.
  • Exchange Status Update
    BONK’s removal from the “Seed” tag on major exchanges signals growing maturity and trust within the market.

Summary & Outlook

Bonk has sustained upward momentum backed by strong trading volume and ecosystem adoption within Solana. With price consolidating near $0.000034–$0.000035, a breakout above key resistance levels could be imminent.

  • Bull Case: Holding above ~$0.0000325 and surpassing ~$0.0000367 may propel BONK toward $0.000045 and later $0.000065–$0.000075.
  • Bear Case: Failure to hold support could send the token back toward $0.000030 or lower.
  • Catalysts to Watch: DeFi/NFT trends on Solana, meme coin sector rotation, and general crypto market sentiment.

👉 Short-Term Outlook: Neutral to Moderately Bullish
📉 Risk Level: High – due to meme-driven volatility and macroeconomic factors

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Harsh PanghalHarsh Panghal

Harsh Panghal

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