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.
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Source: watcher.guru