BONK from Solana is currently ranked second in terms of performance on the cryptocurrency weekly charts. In the weekly chart, the memecoin has risen 19.3% and in the 14 day charts it is up 67.7%. BONK is up 3836% from April 2023. The memecoin, however, has seen a correction of 11.6% over the past month.
Also Read: Solana Meme Coins BONK, DogWifHat, and Maneki Price Analysis for May
So far, memecoins based on Solana have enjoyed a great year. The best performing assets of this year are BONK and WIF (dogwifhat). Analysts expect these memecoins will continue on their upward trajectory.
BONK, based in Solana, reaches a record high
BONK reaches a new all-time peak of $0.0004547, on March 4, 2024. 4, 2024. The value of the asset has fallen by 46.7% in comparison to its March high. The tables could soon turn.
Also Read: Solana: One Trader Earns $23M Through BONK, WIF Meme Coins
CoinCodex predicts that BONK’s value will reach a record high of $0.0004566 by May 17th 2024. A growth of 88.21% would result from reaching $0.00004566. CoinCodex believes that the asset will not stop at $0.00004566. According to the platform, Solana’s memecoin could reach as high as $0.0008538. To reach $0.00008538 at current levels, a 252% increase would be required.
ChangellyBONK is a less bullish coin. Platform predicts that the Solana memecoin will reach a price maximum of $0.000019 by May. Changelly also predicts that BONK will reach a price maximum of $0.000025 in this year. This could happen as early as December.
Also Read: Solana (SOL) Price Prediction: May 2024
Solana projects have seen a huge increase in adoption and price. These memecoins are not very useful. It is possible that investors will put money into them hoping to make a quick profit.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
