Will Bonk coin reach $0.0001? It definitely could in the near future! Decided you want in on the action? You can buy BONK on Kraken and Coinbase.
Cryptocurrency has been performing well this year. Price increases in the crypto space have led to bullish sentiment for many. Aside from Bitcoin which has reached a new all-time high, some meme coins are continuously coming out. These tokens which use images of a dog, usually a Shiba Inu, have been around since DOGE was created in 2013. Among the top rising meme coins this year are Shiba Inu (SHIB), Dogecoin (DOGE) and a newer token called Bonk (BONK). Let’s take a further look at BONK and see what price prediction algorithms say about the token.
Bonk (BONK) Price Prediction Table
Here is a table of price predictions for Bonk (BONK).
Year | Average Price* | Percent Increase |
---|---|---|
2024 | $0.0000201 | -% |
2025 | $0.0000284 | 41.29% |
2026 | $0.0000417 | 46.83% |
2027 | $0.0000620 | 48.68% |
2028 | $0.0000941 | 51.77% |
2029 | $0.000140 | 48.78% |
2030 | $0.000200 | 42.86% |
2031 | $0.000287 | 43.50% |
2032 | $0.000418 | 45.64% |
2033 | $0.000613 | 46.65% |
2040 | $0.00688 | 1022.35% |
2050 | $0.0152 | 120.93% |
What Is Bonk (BONK)?
Most meme coins operate on the Ethereum chain as ERC-20 tokens. During the last bull market, Ethereum was the largest and most accessible chain. This made it easy for aspiring meme users to make new tokens with ease.
However, some are starting to look at alternatives to Ethereum, as some issues, mostly relating to speed and costs, have become prominent. One of these alternative chains is Solana.
BONK is a meme coin built on the Solana chain. It is primarily used as a form of payment between users of the token. While Solana has a native token for transacting (SOL), it is also used for governance. BONK believes that its sole focus on transaction facilitation and liquidity serves a need on the Solana chain.
When BONK was released in December 2022, its price skyrocketed along with the price of SOL.
Bonk (BONK) Market Position
BONK is currently trading for around $0.0000425, with a market capitalization of $3.21 billion. It is up over 770% more than in the past year alone.
It faces its largest competition from other meme coins, namely SHIB, DOGE and Floki Inu (FLOKI).
In terms of potential for continued growth, the market capitalization of around $3.21 billion is well below that of its competitors but is still growing. Both SHIB and DOGE have market caps in the tens of billions.
Subhash Chandra’s Bullish Long-Term Bonk (BONK) Price Prediction
Subhash Chandra is the founder of Crowdwisdom360 and has an extensive background in financial advising and price forecasting. He believes BONK has room to grow.
He is bullish on BONK because of his belief that the next crypto bull market will be soon, which should bring the price of BONK up with it. He also sees ongoing giveaways and promotions as a way to attract new users and investors. He also sees the use cases for the token directly benefiting those who use the Solana chain.
Peter Henn’s Bearish Long Term vs. Price Prediction
Peter Henn is a writer for Capital.com, a trading and markets news source. Henn cites ambiguity with the founders and lack of a solid white paper as reasons to be skeptical of BONK.
No one knows who the founders of BONK are, which is an issue for meme coins because it can lead to scams and rug pulls. The white paper for the project is basic and does not provide much useful information about the project. The lack of plans and background for the project is also a reason Henn is skeptical.
2024 Bonk (BONK) Price Prediction
Changelly predicts a low of $0.000024 and a high of $0.000025 by the end of 2024. PricePrediction.net believes that the price could reach an average of $0.000023. CoinCodex sees a more bullish Bonk price prediction, with the coin reaching a price of $0.000146 by December 2024.
2025 Bonk (BONK) Price Prediction
In 2025, Digital Coin Price thinks BONK will trade somewhere around $0.0000895, a sizable increase compared to the 2024 predictions. CoinPedia predicts BONK price to reach a minimum of $0.000015 and a maximum of $0.00035 in 2025.
2026 Bonk (BONK) Price Prediction
While Digital Coin Price sees BONK going to the moon in 2025, CoinCodex has it remaining relatively close to its current price, with a low of $0.00002755 and a high of $ 0.00008297. Changelly predicts the price of Bonk at an average of $0.000057 in 2026.
2027 Bonk (BONK) Price Prediction
CoinPedia sees the largest increase in price out of the other sites in 2027, with BONK potentially reaching a maximum of $0.00084. Both Changelly and Digital Coin Price give a slightly less BONK price prediction, with the coin trading at an average of $0.000084 and $0.000186, respectively. CoinCodex thinks it will stay close to its current price, with a low of $.00003896 and a high of $0.00008033.
2030 Bonk (BONK) Price Prediction
With 2030 being the farthest away, there is the least certainty and most variability with the predictions. CoinCodex predicts a high price of $0.000166, and PricePrediction.net sees the maximum price at $0.000265, nearly two times that of CoinCodex’s prediction. CoinPedia is even more bullish with its Bonk price prediction of $0.002565 on the average.
2050 Bonk (BONK) Price Prediction
Changelly sees Bonk coin would be trading at an average price of $0.0186 in 2050. PricePrediction.net gives a higher price forecast at $0.0207. CoinCodex has a bullish sentiment for its 2050 Bonk price prediction, seeing the coin at to reach a price of $0.001365.
Where to Buy Bonk (BONK)
BONK is a relatively new token, so it is not available on all of the top crypto trading platforms. However, it is available on Kraken and Coinbase. These sites are known for their low fees, heightened security and ease of use. Additionally, as BONK gains popularity, it could get listed on more cryptocurrency exchanges, such as Webull. Keep an eye out for new exchanges where BONK is available for purchase.
How Long Will It Take for Bonk (BONK) to Reach $0.0001?
Because BONK has such a low price, it is hard to create price predictions that are easily identifiable such as $1 or $0.05. The price of $0.0001 is not something that investors deal with daily, so it is a bit more difficult to comprehend what a price increase to that level would mean. In percent terms, this is approximately 500% of the current price. To put it into perspective, BONK was up over 770% in the past year, so this is an obtainable price goal.
BONK could also lose all the value it has gained over the past several months due to market volatility.
Where to Store Bonk (BONK) Safely
By using a cryptocurrency wallet, you ensure that you are in control of your crypto. No centralized failures can cause you to lose your crypto, as the code is immutable.
- Best hardware wallet: Ledger is a hardware wallet that supports the Solana chain. Hardware wallets are physical devices that store private keys to crypto wallets. Essentially, funds cannot be accessed without the physical device present. Hardware wallets are the safest way to store crypto. Ledger currently offers the Nano S Plus and Nano X models. The Nano S Plus is a rudimentary device that is beginner-friendly. The Nano X is for more advanced users, offering more space and connectivity options.
- Best software wallet: Software wallets store private keys online. This option is less safe than a hardware wallet, but it still gives holders full custody of their funds. Phantom Wallet is built on the Solana blockchain and supports all Solana-based assets. It uses multiple security measures, ranging from protected passwords to a locking feature, which freezes your wallet. It can also be paired with a Ledger hardware wallet.
Bonus section: Keep an eye out for celebrity endorsements of BONK, which has caused meaningful price increases for other meme coins in the past.
Current Crypto Prices
Cryptocurrency has been performing well in 2024. Many tokens have reached new all-time highs (ATHs), most notably Bitcoin. These price increases have brought about a lot of bullish sentiment in the crypto space, and many are hoping that the upward trend will continue. Only time will tell if crypto will continue to boom throughout the remainder of 2024.
Is Bonk (BONK) a Good Investment?
As with most meme coins, BONK is extremely volatile. Its prices can fluctuate by 10% or more within minutes, and investors must be able to stomach these price movements. Additionally, some believe that BONK’s hype is just starting to rev up, while others see it as waning. It is also important to consider where you are on this continuum. Overall, you should consider your risk tolerance and how much confidence you have in BONK before investing.
Frequently Asked Questions
How high will Bonk go?
Changelly sees Bonk price to go high at a maximum of $0.000295 by the end of 2030. By the end of 2050, it is expected to trade at an average price of $0.0186.
How much is Bonk coin worth?
Currently, the price of Bonk (BONK) is $0.0000425 with a market capitalization of $3.21 billion.
What will Bonk be worth in 2025?
In 2025, Digital Coin Price’s BONK price prediction is somewhere around $0.0000916, while Changelly forecasts a price floor of $0.000036 and a ceiling price of $0.000043.
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What is the price prediction for Bonk in 2035?
According to AMBCrypto, Bonk could trade for a price between $0.00013 and $0.0002.
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About Caden Pok
Caden has been involved with crypto since 2018, when he began investing, trading, and mining tokens. He took part in undergraduate research studying cryptoeconomics at the University of Michigan, where he will graduate Phi Beta Kappa with a bachelor’s in economics in 2025. He is experienced with DeFi technology and multiple blockchains, currently investing in Ethereum and Bitcoin.