Bonk (BONK), the popular Solana-based meme coin, is defying the market trend and is poised for a massive price surge despite bearish sentiment. With an impressive 4% price surge, it has gained significant attention from the crypto community resulting in its open interest skyrocketing by 16% in the last 24 hours.

The Bonk (BONK) price dipped around 2% on Thursday, per data presented by TradingView, amid sluggish trading conditions across the broader cryptocurrency market, with some asking if now is a good time to buy the dip.

Binance Pay unveils a promotion offering users the chance to win up to 2,400,000 BONK for qualified purchases made this September.

BONK has respected the range extremes over the past month.

The market cap of the meme coin sector is down over 6% in the past 24 hours.

Crypto analyst Man of Bitcoin recently provided insights into Bonk's (BONK) trajectory using the Elliot Wave Theory. As part of his analysis, the analyst revealed how high the Solana meme coin could rise on its next leg up.

Bonk has experienced sustained gains over the past week surging by 18.77%.

Altcoins SATS, dogwifhat, FET, and Bonk have all surged over 10% over the past day to rank as the top gainers in the crypto market, as Bitcoin, the leading cryptocurrency by market cap, jumped over $64,000 in the same timeframe.

Dogecoin Rivals – Shiba Inu (SHIB), Floki, Pepe coin (PEPE), Dogwifhat (WIF), and BONK are set to attract investor interest as DOGE price has been stuck in a five-month correction. Despite the recent market rebound, Dogecoin price projects no clear sign of bottom formation, projecting the risk of further sell-off.

Veteran cryptocurrency trader Unipcs, who gained widespread attention for turning a modest $16,000 investment into over $18 million through a single trade involving the meme coin BONK, is now predicting a massive surge in the meme coin market.

BONK may have been falling on the price charts, but will that change soon?

BONK price surged 3% to $0.000018 on Wednesday's trading session as Bitcoin price jumped above $60000 psychological level. This Solona-based meme coin has risen for three consecutive days, indicating a renewed buying momentum and potential bottom formation.

Veteran trader Unipcs, known for his $18 million profit from a single Bonk (CRYPTO: BONK) trade, has set his sights on BONK and Floki (CRYPTO: FLOKI) as the potential frontrunners in the next meme coin surge. What Happened: Unipcs predicts the overall meme coin market could reach $300 billion, with these two tokens at the forefront of this explosive growth, in an interview with crypto trading platform Bybit.

Meme coins, which have been battered recently, were some of the best-performing coins on Tuesday as investors focused on the upcoming Fed minutes and Jackson Hole meeting in the United States. Brett, the top token in Base Blockchain, surged by over 24% while Dogwifhat (WIF), Floki, and Pepe soared by double digits.

BONK price plunged 1.6% to $0.000019 on Monday, bucking the general uptick in the broader crypto market. While the Bitcoin attempt to regain $60000 has uplifted most of the major altcoins, the meme cryptocurrency sector struggle follows.

BONK price is currently looking to break out of a bullish pattern it is currently moving in, which may not happen.

As Bitcoin (BTC) continues to traverse sideways, the altcoins are certainly not going to outperform. This is even more so the case with memecoins.

As Bonk trading volumes surge back above $100 million, per Yahoo Finance data, the Bonk price could be set to explode.

The 20 and 50-day BONK moving averages formed a bearish crossover last week.

Meme coins are just jokes, but over the past 24 months many delivered far more ROI than Bitcoin or Ethereum. This week's biggest losers were still on sale Saturday.

Cryptocurrency prices remained under pressure on Monday, continuing a trend that has happened in almost two weeks.

This week, the meme coins market has witnessed a noticeable decline in activity, with the sector's capitalization dropping 5% over the past five days.

The memecoin hype took a downturn, part of a broader market decline. Overall interest in cryptocurrencies has nosedived, which can be linked to recession fears and geopolitical tensions, leading to bearish sentiments. However, things are beginning to look up, with Bonk (BONK) and FLOKI (FLOKI) gearing up for a comeback.

The Bonk price has seen a deeper retracement today, down 3.57%, contributing to the 3.04% average decline among meme coins. However, indicators point towards building bullish momentum and a potential breakout.

After an extended decline, Solana-based meme coin Bonk (BONK) might be set for a rebound as bullish sentiment begins to return.

Solana memecoins spikes are traders' favorite sessions, and after the short bearish phase, the rally is likely to begin again. Amid the crypto market recovery today, top Solana memecoins Dogwifhat (WIF), BONK, and Popcat Sol have shown a significant surge.

Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.000085 by the end of 2024. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.

BONK price plummeted 1.65% to $0.000029 on Tuesday despite a general uptick in the broader crypto market. The buying pressure uplifted Bitcoin price above $60000 following the recently released U.S. Producer Price Index (PPI) monthly rate of 0.1%, which came in lower than market expectations.

The Solana price has dipped by 0.5% in the past 24 hours, although its current level of $145 also marks a 4% gain in a week.

Solana memcoins, after a short bearish rally, has once again gained bullish momentum.

The weekend trade remained extremely bearish for the entire crypto space, which included even memecoins. The top 5 memecoins, Dogecoin, Shiba Inu, Pepe, dogwifhat & Bonk, are trying to rise above the bearish influence. Therefore, the buying pressure is slowly rising and hence the memecoins are about to gain mainstream attention soon.

The short-lived rally in Solana-based meme coins has come to an abrupt end, with Bonk (BONK), Cat in a Dog's World (MEW), and Book of Meme (BOME) ranking as the top assets leading the decline.

BONK price plunged over 5% on Friday during U.S. trading hours as the crypto market's mid-week recovery stalled. The lack of follow-up on the upside hints at a lack of conviction from buyers and a potential pullback to bottom support.

The memecoin's recovery came to a halt briefly, but will it last for long?

Bonk (BONK) price experienced one of its most significant drawdowns on Monday, August 5. The incident, which led to a sharp decline to $0.000015, caused a notable decrease in leveraged positions.

Altcoins like Stacks, Floki, Bonk, and Solana continued their recent rebound as traders bought the dip and as the crypto fear and greed index moved to the neutral point.

The cryptocurrency market is on the way back. Bitcoin is currently staging a 17% recovery over the past 3 days, and altcoins are following suit.

Amid the increasing talks around emergency rate cuts and a recovery in the US and global markets, Bitcoin is back above $57K. As the crypto market leader bounces back, the meme coins are quick to capitalize on the bullish sentiment.

Over the past 24 hours, the BONK price has experienced a notable surge of 14.33%, contributing to an overall market growth with meme coins averaging a 12.92% increase. Market indicators currently suggest potential for further gains.

BONK price recorded an 8% jump on Tuesday, witnessing a short relief rally from a recent market sell-off. A sudden surge in buying pressure followed Bitcoin's sustainability above $50000, while the total crypto market surged 8.7% to hit $1.95 Trillion.

As the cryptocurrency market readies for its next bull run, several altcoins stand out for their potential to deliver substantial returns. Here's a look at the top 10 altcoins recommended by crypto analyst Matt's Crypto in his YouTube video, each promising significant gains.

The value of the Solana-based meme coin Bonk (BONK) has witnessed a steep decline over the past week. Exchanging hands at $0.000021 at press time, BONK's price has fallen by 24% in the past seven days.

The Bonk price is tanking on Friday in tandem with a broader crypto market sell-off, but ongoing market accumulation continues to hint towards an upcoming 90% surge.

Dogecoin has fallen by 3% in the past 24 hours, dropping to $0.117 as the crypto market as a whole loses 1% today.

Pseudonymous trader CrediBULL Crypto predicts a more severe "meme wipeout" than initially expected for Bonk (CRYPTO: BONK), cautioning traders to prepare for significant downside. What Happened: "If I'm right about what I'm seeing across the board this meme wipeout will be worse than I thought," he tweeted.

As the Bonk (BONK) price collapses and threatens a break below its 200DMA, Bonk holders are betting big on a new ICO called Base Dawgz (DAWGZ), with some even betting it might 100x.

The cryptocurrency market is buzzing with potential, and two altcoins that have recently caught the attention of investors are Bonk (BONK) and Mpeppe (MPEPE). Both of these tokens offer unique features and promising growth prospects that make them stand out in the crowded altcoin space.

The cryptocurrency world is known for its high volatility and rapid shifts in investor sentiment. Recently, a new player in the meme coin arena has captured the attention of Bonk (BONK) investors.