• bitcoinBitcoin (BTC) $ 82,826.00
  • ethereumEthereum (ETH) $ 1,938.30
  • tetherTether (USDT) $ 0.999842
  • xrpXRP (XRP) $ 2.28
  • bnbBNB (BNB) $ 621.10
  • solanaSolana (SOL) $ 124.81
  • usd-coinUSDC (USDC) $ 0.999785
  • cardanoCardano (ADA) $ 0.703968
  • dogecoinDogecoin (DOGE) $ 0.167859
  • tronTRON (TRX) $ 0.242546
  • staked-etherLido Staked Ether (STETH) $ 1,938.24
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 82,818.00
  • leo-tokenLEO Token (LEO) $ 9.77
  • chainlinkChainlink (LINK) $ 13.88
  • the-open-networkToncoin (TON) $ 3.59
  • usdsUSDS (USDS) $ 0.999592
  • stellarStellar (XLM) $ 0.275512
  • wrapped-stethWrapped stETH (WSTETH) $ 2,317.72
  • hedera-hashgraphHedera (HBAR) $ 0.187855
  • pi-networkPi Network (PI) $ 1.17
  • avalanche-2Avalanche (AVAX) $ 19.02
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • suiSui (SUI) $ 2.29
  • mantra-daoMANTRA (OM) $ 7.03
  • litecoinLitecoin (LTC) $ 89.77
  • polkadotPolkadot (DOT) $ 4.46
  • bitcoin-cashBitcoin Cash (BCH) $ 334.97
  • bitget-tokenBitget Token (BGB) $ 4.62
  • ethena-usdeEthena USDe (USDE) $ 0.999786
  • wethWETH (WETH) $ 1,938.79
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999619
  • hyperliquidHyperliquid (HYPE) $ 14.23
  • whitebitWhiteBIT Coin (WBT) $ 28.13
  • wrapped-eethWrapped eETH (WEETH) $ 2,060.47
  • moneroMonero (XMR) $ 207.01
  • uniswapUniswap (UNI) $ 6.41
  • susdssUSDS (SUSDS) $ 1.04
  • aptosAptos (APT) $ 5.38
  • okbOKB (OKB) $ 52.71
  • daiDai (DAI) $ 0.999858
  • nearNEAR Protocol (NEAR) $ 2.58
  • pepePepe (PEPE) $ 0.000007
  • internet-computerInternet Computer (ICP) $ 5.86
  • mantleMantle (MNT) $ 0.809029
  • gatechain-tokenGate (GT) $ 21.98
  • ethereum-classicEthereum Classic (ETC) $ 18.00
  • ondo-financeOndo (ONDO) $ 0.836843
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.79
  • aaveAave (AAVE) $ 171.30
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 82,881.00
  • official-trumpOfficial Trump (TRUMP) $ 11.01
  • vechainVeChain (VET) $ 0.026103
  • crypto-com-chainCronos (CRO) $ 0.077282
  • bittensorBittensor (TAO) $ 249.20
  • cosmosCosmos Hub (ATOM) $ 4.69
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999320
  • kaspaKaspa (KAS) $ 0.076839
  • ethenaEthena (ENA) $ 0.375230
  • filecoinFilecoin (FIL) $ 2.94
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.212880
  • fasttokenFasttoken (FTN) $ 4.03
  • celestiaCelestia (TIA) $ 3.22
  • arbitrumArbitrum (ARB) $ 0.370841
  • render-tokenRender (RENDER) $ 3.25
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 82,973.00
  • algorandAlgorand (ALGO) $ 0.186392
  • sonic-3Sonic (prev. FTM) (S) $ 0.496856
  • arbitrum-bridged-usdt-arbitrumArbitrum Bridged USDT (Arbitrum) (USDT) $ 1.00
  • optimismOptimism (OP) $ 0.876164
  • story-2Story (IP) $ 5.33
  • kucoin-sharesKuCoin (KCS) $ 11.20
  • jupiter-exchange-solanaJupiter (JUP) $ 0.512242
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.515522
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 82,655.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,936.91
  • quant-networkQuant (QNT) $ 78.50
  • nexoNEXO (NEXO) $ 1.09
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,012.91
  • makerMaker (MKR) $ 1,315.98
  • movementMovement (MOVE) $ 0.439269
  • xdce-crowd-saleXDC Network (XDC) $ 0.066932
  • dexeDeXe (DEXE) $ 18.51
  • immutable-xImmutable (IMX) $ 0.566192
  • usual-usdUsual USD (USD0) $ 0.997737
  • worldcoin-wldWorldcoin (WLD) $ 0.843129
  • sei-networkSei (SEI) $ 0.198862
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,188.95
  • injective-protocolInjective (INJ) $ 9.66
  • blockstackStacks (STX) $ 0.617175
  • theta-tokenTheta Network (THETA) $ 0.926403
  • the-graphThe Graph (GRT) $ 0.095613
  • flare-networksFlare (FLR) $ 0.014933
  • binance-staked-solBinance Staked SOL (BNSOL) $ 130.34
  • eosEOS (EOS) $ 0.652163
  • lido-daoLido DAO (LDO) $ 0.948078
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999746
  • bonkBonk (BONK) $ 0.000011
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 82,786.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,055.87
  • wbnbWrapped BNB (WBNB) $ 621.23
  • paypal-usdPayPal USD (PYUSD) $ 0.999290
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.43
  • galaGALA (GALA) $ 0.017254
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999790
  • tether-goldTether Gold (XAUT) $ 3,038.01
  • tezosTezos (XTZ) $ 0.721177
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 0.998647
  • the-sandboxThe Sandbox (SAND) $ 0.291728
  • bittorrentBitTorrent (BTT) $ 0.00000072
  • bitcoin-svBitcoin SV (BSV) $ 34.23
  • iotaIOTA (IOTA) $ 0.184565
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 82,740.00
  • flowFlow (FLOW) $ 0.433730
  • jasmycoinJasmyCoin (JASMY) $ 0.013715
  • jito-governance-tokenJito (JTO) $ 2.13
  • pax-goldPAX Gold (PAXG) $ 3,065.59
  • berachain-beraBerachain (BERA) $ 5.88
  • usdx-money-usdxStables Labs USDX (USDX) $ 1.00
  • kaiaKaia (KAIA) $ 0.106493
  • msolMarinade Staked SOL (MSOL) $ 159.52
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,015.72
  • flokiFLOKI (FLOKI) $ 0.000062
  • neoNEO (NEO) $ 8.70
  • curve-dao-tokenCurve DAO (CRV) $ 0.446334
  • raydiumRaydium (RAY) $ 1.97
  • resolv-usrResolv USR (USR) $ 1.00
  • pyth-networkPyth Network (PYTH) $ 0.150228
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.39
  • heliumHelium (HNT) $ 3.02
  • axie-infinityAxie Infinity (AXS) $ 3.40
  • zcashZcash (ZEC) $ 33.06
  • kavaKava (KAVA) $ 0.496041
  • honey-3Honey (HONEY) $ 1.00
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 136.63
  • beldexBeldex (BDX) $ 0.076207
  • dydx-chaindYdX (DYDX) $ 0.647483
  • elrond-erd-2MultiversX (EGLD) $ 18.09
  • decentralandDecentraland (MANA) $ 0.270830
  • telcoinTelcoin (TEL) $ 0.005425
  • true-usdTrueUSD (TUSD) $ 0.998552
  • roninRonin (RON) $ 0.790265
  • starknetStarknet (STRK) $ 0.176026
  • dogwifcoindogwifhat (WIF) $ 0.482452
  • pumpbtcpumpBTC (PUMPBTC) $ 81,016.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,056.43
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999871
  • conflux-tokenConflux (CFX) $ 0.091839
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,938.85
  • arweaveArweave (AR) $ 6.91
  • coredaoorgCore (CORE) $ 0.439430
  • apenftAPENFT (NFT) $ 0.00000045
  • ecasheCash (XEC) $ 0.000022
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.676259
  • chilizChiliz (CHZ) $ 0.045960
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.167653
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 82,822.00
  • clbtcclBTC (CLBTC) $ 84,556.00
  • apecoinApeCoin (APE) $ 0.530574
  • thorchainTHORChain (RUNE) $ 1.19
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,939.11
  • ousgOUSG (OUSG) $ 110.36
  • usdbUSDB (USDB) $ 1.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.510273
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.006397
  • chain-2Onyxcoin (XCN) $ 0.011985
  • pendlePendle (PENDLE) $ 2.36
  • compound-governance-tokenCompound (COMP) $ 43.17
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 82,119.00
  • plumePlume (PLUME) $ 0.188561
  • axelarAxelar (AXL) $ 0.403714
  • matic-networkPolygon (MATIC) $ 0.212756
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.883719
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,936.31
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,020.58
  • grassGrass (GRASS) $ 1.30
  • infrared-beraInfrared Bera (IBERA) $ 5.21
  • olympusOlympus (OHM) $ 21.40
  • fraxFrax (FRAX) $ 0.998545
  • spx6900SPX6900 (SPX) $ 0.367745
  • tbtctBTC (TBTC) $ 82,888.00
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000064
  • amp-tokenAmp (AMP) $ 0.004049
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,956.82
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998065
  • based-brettBrett (BRETT) $ 0.033573
  • beam-2Beam (BEAM) $ 0.006304
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • gnosisGnosis (GNO) $ 124.91
  • mina-protocolMina Protocol (MINA) $ 0.263024
  • aioz-networkAIOZ Network (AIOZ) $ 0.276142
  • kaitoKAITO (KAITO) $ 1.32
  • reserve-rights-tokenReserve Rights (RSR) $ 0.005633
  • akash-networkAkash Network (AKT) $ 1.26
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 1,923.89
  • verus-coinVerus (VRSC) $ 3.99
  • morphoMorpho (MORPHO) $ 1.30
  • justJUST (JST) $ 0.031659

BONK Price at Risk of 20% Decline: Here’s What’s Behind It

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Bonk (BONK), the Solana-based meme coin, faces the risk of further price decline after dropping from $0.000025 to its current value of $0.000019.

Although some traders might view this dip as a buying opportunity, analysis suggests caution. Here are the reasons.

Market Interest in Bonk Dwindles

Bonk’s social dominance is one factor suggesting that the meme coin could struggle to recoup some of the lost gains. Social dominance measures the rate of discussion related to a cryptocurrency.

When it increases during a price decrease, it means that the market could be looking at buying the cryptocurrency. In that instance, the price has a good chance of increasing. On the flip side, a decrease in social dominance means that the broader market is overlooking the assets and possibly eyeing other cryptos to buy.

In BONK’s case, social dominance dropped, suggesting that mentions of the meme coin have decreased on several social media platforms. This decline indicates that demand for BONK could be waning, and a price increase might not occur in the short term.

BONK Price at Risk of 20% Decline: Here’s What’s Behind It

Bonk Social Dominance. Source: Santiment

Additionally, the Chaikin Money Flow (CMF) on BONK’s daily chart has dropped below the zero signal line, now at -0.10. The CMF measures accumulation versus distribution, with an increase signaling higher buying pressure and potential price growth, while a decrease suggests the opposite.

For BONK, the CMF’s current reading indicates that market participants are distributing the coin, possibly taking profits from recent price gains. If this trend continues, BONK’s price could experience further declines.

BONK Price at Risk of 20% Decline: Here’s What’s Behind It

Bonk Chaikin Money Flow. Source: TradingView

BONK Price Prediction: Still Bearish

Currently, BONK is on the verge of falling below $0.000019. The decreasing trading volume around the token indicates a lack of strong buying pressure, making it difficult for the meme coin to gain momentum.

If this trend continues, BONK’s price could drop to $0.000017, a historically weak support level. In April, when BONK hit $0.000017, the downtrend intensified, driving the price down to $0.000014. A similar scenario could unfold, with BONK potentially dropping by another 20% to $0.000014.

Currently, BONK’s price is on the brink of falling below $0.000019. The chart below shows that the trading volume around the token has been decreasing, suggesting that it could be challenging for the meme coin to experience solid buying pressure.

If this remains the same, the meme coin’s price might drop to $0.000017. But that level has historically proven to be a weak zone for BONK. For instance, in April, when Bonk hit $0.000017, the downtrend intensified as the price hit $0.000014.

BONK Price at Risk of 20% Decline: Here’s What’s Behind It

Bonk Daily Price Analysis. Source: TradingView

However, if meme coin prices rise again, this bearish prediction could be invalidated. In that case, BONK’s price might climb to $0.000024 and potentially reach $0.000032 before the end of the year.

Source

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