At present, a decline is being seen in the market because there is a lot of fluctuation in the price of Bitcoin, hence this week there has been a huge fall in the price of Bonk Coin. Currently, its price is around 0.00002159 dollars and its price is seeing a decline of about 5%, but as we move towards its market cap, its market cap is also seeing a decline of about 5%. And currently, its market cap is around $1420 million. The most important thing in this is that within the last 24 hours, the number of people trading has increased by about 16 percent and the trading volume is close to 150 million dollars.
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So its weekly investor chart is down about 20%, so there is no movement right now. If we look at its monthly chart, investors have seen huge losses in the monthly chart also. There is a loss and fall of about 36 percent in Bonk Crypto but good profits can be seen. This is being told through technical analysis. If you do technical analysis this coin will soon appear near $0.00003059. You can get it because this coin has made its investors almost 3500 percent profit in one year, so you can get an idea of it.
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bonk coin price prediction in 2024
If we talk about the price of the Bonk coin, then whether that coin can go close to one dollar in 2024 or not, people are entangled in all these questions. After all, if it even reaches $0.01 instead of going to one dollar, the investor can make huge profits. It is unable to go closer to $0.01 in 2024. It is expected to reach close to $0.00012 in 2024. As soon as it reaches near $0.0012, you may see good profits. And in the present time, people’s interest in this coin is decreasing.
But a few days after Bitcoin’s Halloween, there is going to be a big explosion in this coin because this coin can also be associated with many projects. Analytics say that in the coming time, it will reach close to one dollar in 2030. This is a possibility, so invest around ₹1000. If you invest ₹ 1000 today, you can get good profits in the future, but invest only after a complete investigation. You will also pay attention to its RSI value. So its RSI value is currently seen between 70 and 30 which is not a good buy right now in terms of RSI but it may see a rise in the future.
BONK COIN VS SHIBA INU COIN
If we compare the Shiba Inu and Bonk coins then it becomes very difficult to predict which coin can reach close to one dollar first because the Shiba coin is based on the Ethereum blockchain whereas the Bonk coin is based on the Solana blockchain. Shiba Inu is popular in its market cap. It has attracted many people around the world. If this coin has a good burn rate it may go closer to $1 before the BONK coin.
If Shiba Inu’s burning rate is not good then Bonk Coin may soon be seen reaching close to $1. This seems to be happening because its supply market is less than Shiba Inu, a bullish sign can be seen in it and since all these coins have good alert rates then both of them can be seen as competitors of each other. When will it reach $1? it’s very hard to say
disclimer
If you want to invest in this coin then you should invest at your discretion. I am not a financial advisor as cryptocurrencies are subject to risk. Suppose you want to invest in Bonk Coin. If you want, do a complete investigation and only then invest in this coin. This website will not be responsible in any way if you suffer any loss in the future if you invest.