Bonk (BONK) Price Prediction: BONK Price Rallies 12% After Upbit Listing

Last updated:11/20/2024
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The Solana-based meme coin BONK has experienced a remarkable surge over the past week, achieving an additional 12% gain today, shortly after its listing on the Korean crypto exchange Upbit. Consequently, the BONK price has soared by over 12%, past $4.2 billion. Also, the daily trading volume has shot by a massive 77% moving all the way past $2.7 billion showing huge investor interest.

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Table of Contents

BONK Price Skyrockets After Upbit Listing

Bonk (BONK) Price Performance

Bonk (BONK) Price Analysis

Bonk (BONK) Price Prediction

How to Buy BONK?

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BONK Price Skyrockets After Upbit Listing

Earlier on November 20, South Korea’s largest cryptocurrency exchange, Upbit, announced the launch of BONK’s Korean Won trading market. This listing is expected to significantly boost trading volumes for this meme coin, further propelling its price upwards.

It is worth noting that Upbit has specified that deposits and withdrawals for BONK will only be supported through the guided network (BONK-Solana). Given the Korean crypto investors’ greater interest in meme coins and altcoins, this development could potentially benefit the entire BONK community.

Intriguingly, this comes at a time when Upbit is facing scrutiny over KYC violations. The Financial Intelligence Unit (FIU) has identified more than 500,000 instances of inadequate customer verification by Upbit.

The recent surge in BONK’s price signifies a robust breakthrough from its previous highs. Analysts anticipate another 100% rally, potentially pushing the coin’s market capitalization to pass $10 billion.

Currently, BONK ranks fourth among the top meme coins. However, its trajectory may see it challenging the likes of Pepe Coin (PEPE) in the future.

BONK USDT-margined perpetual futures contracts with a leverage of up to 50x are available on BTCC platform. If you are interested, cick the button below to enter BONK trading page⇓

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Bonk (BONK) Price Performance

At the beginning of November, the price of BONK gradually increased but lagged behind its fellow meme coins, Dogecoin and PEPE. Specifically, while PEPE reached its all-time high on November 13th, BONK was still trading at over 20% below its own record price.

Nonetheless, last week, the price of BONK experienced a notable surge, breaking out of a long-standing symmetrical triangle pattern. This upward momentum persisted into this week, ultimately culminating in a new all-time high price for BONK today, on November 20th.

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Bonk (BONK) Price Analysis

The weekly time frame chart reveals that BONK broke out from a long-term symmetrical triangle last week, creating a a significant bullish candlestick. This breakthrough allowed the price to surpass the horizontal resistance area of $0.000034, which had persisted since March and represented the final obstacle before reaching the all-time high.

The BONK breakout culminated with a new all-time high price of $0.000060 on Nov. 19. A breakout that travels the entire triangle’s height would take the price to $0.000112.

BONK 增加

Technical indicators are bullish. The Relative Strength Index (RSI) is increasing and is above 50, while the Moving Average Convergence/Divergence (MACD) has made a bullish cross and is positive.

Despite the RSI being in overbought territory, there has been no indication of bearish divergence as of yet.

In conclusion, the weekly time frame readings are positive, suggesting that the upward trajectory of the BONK price is likely to continue.

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Bonk (BONK) Price Prediction

BONK2

BONK2
Cryptocurrency Bonk
Token BONK2
Price $ 0.000052265617 8.42%
Rank 31
Market Cap $ 3.9B
24H Trading Volume $ 1.5B
All-time High $ 0.000057493800
All-time Low $ 0.000000175267
24 High $ 0.000057251663
24 Low $ 0.000048637119
Cycle High $ 0.000052646200 / 2024-11-20 00:10:17
Cycle Low $ 0.000051139000 / 2024-11-19 22:32:03
Update Time 2024-11-20 07:52:33

As of writing the article, BONK is traded at $ 0.000052265617, boasting a market cap of $ 3.9B, and witnessing a hefty 24-hour trading volume of $ 1.5B. BONK Token saw a 24-hour price change of 8.42%, with minor fluctuations of 0.71% in the past hour.

The following sets forth the BONK to USD Chart

Bonk Price

Price Change 1H Percent 0.71%
Price Change 1D Percent 8.42%
Price Change 7D Percent 45.77%
Price Change 30D Percent 123.53%
Price Change 90D Percent 179.27%
Price Change 365D Percent 1180.85%

Bonk (BONK) Price Prediction 2024

For Bonk (BONK) price prediction for 2024, based on current market conditions, BONK is predicted to be traded between $0.000039 on the lower end and $0.000075 on the high end, with an average trading price expecting to be around $0.000057.

Here are the possible price changes we expect for Bonk (BONK) in the next half month:

price prediction days

Date Price Prediction Change
11-20 $ 0.000052265617 0.00%
11-23 $ 0.000055148375 5.52%
11-26 $ 0.000054610093 4.49%
11-29 $ 0.000054860943 4.97%
12-02 $ 0.000055493293 6.18%
12-05 $ 0.000054646675 4.56%

Bonk (BONK) Price Prediction 2030

In terms of long-term price prediction for 2030 on Bonk (BONK), our forecast remain bullish. We expect this meme coin prices to keep rising from 2026-2030 in a virtuous cycle, with communities around tokens like $BONK holding onto tokens and driving up prices as demand exceeds supply

Considering this, our predict BONK to see an average price level of $ 0.000668815498 in 2030. This still leaves $BONK among the top cryptocurrencies, ahead of $PEPE and $DOGE. Overall, it is predicted that BONK would see a potential low price of $ 0.000568061638 and a maximum price level of $ 0.000742942713.ion 2030

Bonk (BONK) Price Prediction 2050

As to Bonk (BONK)’s price prediction for 2050,  BONK will likely experience strong volatility in the long run  as it looks to establish itself as a permanent figure in the market. According to our current analysis,  in 2050, BONK coin is predicted to be traded between $ 0.002059020709 to $ 0.002595250469 and the average price of BONK should be around $ 0.002363161941.

Potential Highs & Lows of Bonk (BONK)

Here are our projected highs and lows for Bonk (BONK) from 2025 to 2050:

price prediction years

Year Yearly Low Yearly Average Yearly High
2025 $ 0.000337838444 $ 0.000563558700 $ 0.000777847519
2026 $ 0.000393066953 $ 0.000457394268 $ 0.000508912562
2027 $ 0.000459710803 $ 0.000517432928 $ 0.000562496540
2028 $ 0.000768203257 $ 0.000826668524 $ 0.000873593652
2029 $ 0.000960642664 $ 0.001043719340 $ 0.001094529382
2030 $ 0.000568061638 $ 0.000668815498 $ 0.000742942713
2035 $ 0.000863391708 $ 0.000996917815 $ 0.001094927722
2040 $ 0.001818605406 $ 0.001969564930 $ 0.002079582099
2045 $ 0.002541303212 $ 0.002829681980 $ 0.003065079023
2050 $ 0.002059020709 $ 0.002363161941 $ 0.002595250469

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How to Buy BONK?

Currently, BONK USDT-margined perpetual futures contracts with a leverage of up to 50x are now available on BTCC platform. The following sets forth the guidance for trading BONK USDT-margined perpetual futures on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposit”, and then fund your account with your preferred method (Fiat Deposit, Crypto Deposit or Coversion).

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find BONK trading pair.

You can also click the button below to enter BONK trading page⇓

Step Four: choose the contract trading order type. Futures contract orders on BTCC include market orders, limit orders and SL/TP orders.

  • Market Order: users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
  • SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and BONK futures contract order is completed.

That’s all information about Bonk (BONK). If you want to know more information about Bonk (BONK) and other cryptocurrencies, please visit BTCC Academy.

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