Bonk is trading at $0.00002079, showing slight daily gains and holding despite recent meme-coin volatility. The token has been under pressure over the past week but seems to be finding a floor.
Community interest remains strong, especially in Solana’s memecoin segment, which gives Bonk a chance to rebound if support holds.
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Bonk Crypto Next Target
Price: $0.00002079
Market Cap: $1.61 billion
24-Hour Trading Volume: $230-$292 million
Circulating Supply: about 77.42 trillion BONK
Total/Max Supply: about 88.00 trillion BONK
Price has pulled back to a robust support area of $0.000020 and 200 SMA, which is also where it broke out from Falling Wedge pattern. That’s a solid trade entry area, with +25% potential upside to $0.000025 (PT). Stop Loss at $0.000018.
Key Indicators & Market Signals
Price sits between its short-term resistance around $0.00002130 and support near $0.00001997.
Weekly performance is negative; Bonk has dropped over 10% in the last 7 days.
Trading volume remains relatively high, suggesting active interest despite price pressure.
Token burn mechanics and supply metrics remain important; most of the supply is already circulating, so further supply compression may play a role in pricing.
Latest News Highlights
BONK’s market cap is reported around $1.6 billion, with frequent mentions in lists of meme coins with strong momentum.
Memecoin comparisons often put BONK alongside PEPE, DOGE, SHIB, with mixed sentiment about which has more sustainable upside.
Technical analysis suggests limited near-term upside unless resistance is breached.
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Harsh Panghal
