Bonk coin is a coin based on Solana coin. Or the coin is making its image in the market through decentralized exchange and NFT. Let us tell you that this coin has become a subject of attraction for Indians also. Should they invest in this coin? In this block you will get the details of all these things in the form of clear information whether Indians should invest or not.
For your information, let me tell you that this coin was launched on 25 December 2022. Out of its 100 trillion coins, 50 percent of the coins were distributed among the people through airdrop.
There was a good wave at that time. Solon Coin has its own meme coin like Dogecoin. Bonk Coin has also completed 110 projects in its ecosystem within Solon. Bonk Coin is proud to be the first meme coin of Solana Coin.
After this, this coin was launched on Binance on 14 December 2023 and its trading started immediately. At that time, after showing some gains, this coin started getting dumped. Since then this coin is being dumped and currently its price is $0.00001396. Now the question in your mind will be whether you should buy this coin or not.
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bonk coin price ups and downs
Bonk coins have seen a lot of volatility in recent times. According to Coin Market Cap, the coin touched its highest price of $0.00003419 on December 10. After this, investors saw a significant decline in this coin. Then this coin has been showing gains to the investors since last week. Within this week its price has increased from $0.00000989 to $0.00001423. This week its growth is seen at around 38 percent, due to which investors are feeling new energy inside.
After seeing so many ups and downs, this coin has been rising continuously since last week. And in the last 24 hours, it has seen an increase of 5%.
Why is Bonk Coin rising so much?
The main reason why Bonk Coin has seen such an increase in prices is due to Bonk Coin partnering with Revolut to highlight the increase in usage of the coin due to its focus on user “learning and earning” and awareness. A campaign is being run to generate. Investors believe that we are putting our money to see growth in this phase.
Nearly $1.4 million in rewards has been promised to attract users, and the campaign is awaiting final approval. It has received favorable votes from most BONKDAO members. That is why BONK coins are spreading rapidly in the market.
What will my portfolio look like if the Bonk crosses $1?
Now here it is important to tell you the question whether you should buy Bank Coin or not. I believe that currently it is available at a very low price, you should invest at least $10 as it has the potential to rise. If you invest $10 today and tomorrow its price crosses $1 in the future, your portfolio will get good returns. Your decision today will decide whether you will invest at this time or not.
Now let’s take a look at the prices and how much of a Bonk you can get for $10.Currently, the price of BONK is around $0.00001385. If you invest $10 at this price, you will get 7,267,44 bonk coins. If you invest $100, you will get 72,67,441 Bonk coins. It cannot be predicted what the price of these coins will be in the future.
If you invest $10 in Bonk Coin, your portfolio would be worth approximately $7,267,44 if the coin’s price is closer to $1 or $1.2. If you invested $100 at its current price, your portfolio would be worth about the same as you thought it would be. Your portfolio could be worth more than $72,67,44
Investment Bank | BONK Coins Acquired | Selling Price at $1 | Profit | ROI |
$10 | 7,26,744 | $7,26,744 | $7,26,744 | 7,26,744% |
$100 | 72,67,441 | $72,67,441 | $72,67,441 | 72,67,441% |
$1000 | 72202166 | $72202166 | $72202166 | 72202166% |
I am now investing a large amount of money, about $1000, in BONK coins. If we invest then we will get this much coin 72202166. If it becomes 1 dollar then you will get so much amount that you cannot even imagine but let me tell you. This is just a fantasy, if it goes above 1 dollar then it is a big deal for investors but this can happen only if BONK burns more than 95% only then this coin can go close to 1 dollar otherwise it It’s just an imagination for us.
You should never invest so much that you have to suffer huge losses in the future because you should only invest in coins as much as you are not afraid of losing. Because at this time the price of Bitcoin is increasing. That is why its price is also increasing. If you want to invest at your own risk then you can definitely invest in this coin. This will be your own decision.
If you gather good information about it and you feel it is right then you can take your own decision. If you want to invest in it then you should definitely invest. Crypto has also given good profits to the people but there are some coins which have caused a lot of loss to the people like for example Luna Coin was a coin which caused a lot of loss to the people. There are some such coins. Nothing can be said about it, it is difficult to predict when this coin will get dumped so if you can take the risk then invest in any coin at your own risk.
Do you think BONK will cross the $1 mark?
It is just a fantasy that Bonk coin will reach $1 in 2030. Its maximum price could reach $0.001464, which is still far from $1. This means that BONK would have to increase by 68,000 times
Disclaimer
Whatever we have analyzed above about Bomb Coin, if you invest in any coin then this website will not be responsible in any way for your investment and your risks. Invest in any coin at your own risk.