Latest news with #BONK
Yahoo
7 days ago
- Business
- Yahoo
Bonk Price Prediction - What could affect BONK's future price?
Bonk price prediction reflects mixed sentiment as bullish momentum from Solana ecosystem growth is tempered by meme coin volatility, creating near-term uncertainty and a neutral-to-cautious outlook. 1. Solana partnerships could boost utility, but meme sector fragility risks sharp corrections. 2. Technical indicators show bearish momentum but hint at potential rebounds if key levels hold. 3. Whale activity signals accumulation ($4.29M buy) but also profit-taking by smart money. Solana ecosystem integration: Bonk has 350+ on-chain integrations and a May 2025 partnership with Nasdaq-listed DeFi Development Corp to launch a validator, enhancing Solana's decentralization. This could attract institutional interest. Liquidity mining initiatives: Programs targeting unbanked users in Nigeria/Turkey via Solana's low fees aim to expand adoption, though real-world impact remains unproven. Meme coin fragility: Bonk dropped 10.3% on May 31 amid a broader meme selloff, highlighting sensitivity to sector-wide sentiment shifts. Solana dominance: Competing with newer Solana meme coins like Fartcoin and Dogwifhat risks dilution, but Bonk's first-mover advantage and $1.3B market cap provide relative stability. Key levels: Current price ($0.0000165) sits below the 50-day SMA ($0.0000181) and Fibonacci 23.6% resistance ($0.00002326). A close above $0.0000207 could target $0.000025. Bearish signals: MACD histogram (-0.000000825) and RSI (41.31) reflect weak momentum, but oversold conditions (7-day RSI: 31.72) may invite short-term rebounds. Bonk's price hinges on balancing Solana's growth against meme coin volatility, with technicals suggesting cautious range-trading unless catalysts break key levels. Will Solana's ecosystem expansion offset the speculative risks plaguing meme coins? Bonk price prediction remains mixed, with short-term bearishness driven by a 21.9% weekly drop and broader meme coin sell-offs. However, long-term sentiment is more optimistic, supported by Solana ecosystem growth and increasing institutional interest. - Recent crash – BONK dropped 10.3% on May 31 amid a $43.2B meme coin sell-off. - Bullish catalysts – Partnerships (e.g., Nasdaq-listed DeFi Development Corp) and Solana's DeFi expansion. - Technical uncertainty – Traders debate if $0.0000165 is a dip-buying zone or start of deeper correction. Bearish momentum dominates short-term discussions after BONK fell 21.9% in 7 days (as of June 2), underperforming Bitcoin (-1.5%) and Ethereum (-2.5%) during the same period. However, the 49% gain over 60 days keeps some bulls hopeful. On-chain data shows whale accumulation in May, with one entity buying 204B BONK ($4.29M), but derivatives traders liquidated $251K longs on May 18 during a 14% weekly drop. Meme coin rotation: Capital shifted from BONK to newer Solana-based tokens like Fartcoin in April-May, but some expect a reversal if Bitcoin stabilizes. Institutional adoption: IG Group's June 2 integration of BONK for UK retail traders and the May 16 validator partnership with DeFi Development Corp boosted credibility. Technical thresholds: Analysts highlight $0.00001572 as critical support; a break below could trigger panic selling. Conversely, reclaiming $0.00002204 resistance might restart bullish momentum. X (Twitter): Meme-driven hype dominates, with influencers like World of Charts targeting $0.000040 if Solana's ecosystem activity grows. Telegram/Discord: Traders share mixed technical charts, noting BONK's RSI (48) is neutral but volume decline (-8.4% weekly) signals caution. Developer forums: Focus on BONK's validator partnership to strengthen Solana's decentralization, potentially reducing sell pressure from validator rewards. BONK's narrative balances between meme coin volatility and Solana's infrastructure growth. Watch for sustained trading volume above $200M/day and Solana's DeFi TVL trends. Could BONK's validator partnerships transform it from a meme to a utility token, or will hype cycles remain its primary driver? To get the latest update on BONK, visit our BONK currency page. Content created: 02 June 2025Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
DeFi Development Surges 30% on BONK Validator Partnership, More SOL Purchases
Nasdaq-listed DeFi Development Corp. (DFDV) jumped 30% on Friday to fresh record highs after unveiling a partnership with Solana's top memecoin BONK and purchasing another batch of Solana's SOL SOL tokens. The company said it will co-manage a Solana validator with BONK, claiming to be the first time a memecoin community and a public company sharing staking infrastructure on Solana, according to a press release. The cooperation also expands to integrate BONK's own liquid staking token, BONKSOL. Both parties will grow the validator's stake and split the rewards. "This validator partnership is a natural next step in BONK's mission to empower our community and accelerate the adoption of Solana," said Nom, core contributor at BONK. "By teaming up with DeFi Dev Corp., we're not only reinforcing the decentralized infrastructure of Solana but also creating a new standard for how community tokens can scale and sustain their ecosystems." The announcement came one day after the firm bought another 16,447 SOL tokens, bringing its holdings to 609,190 SOL, worth around $107 million. The firm acquired the tokens for $2.3 million at an average price of $139.66, below spot prices. The company earlier shared plans to acquire locked-up tokens at a discount. The company, formerly known as real estate tech platform Janover, is part of a growing roster of public firms putting digital assets on their balance sheet, taking a page of the Strategy's playbook centered around bitcoin BTC. DeFi Development pivoted to focus on Solana, stacking the network's native tokens and operating validators, after a group of former Kraken executives acquired a majority stake last month. DFDV shares gained over 2,800% since the firm's pivot, hitting $118 during the Friday in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Mayor
15-05-2025
- Business
- Business Mayor
Missed BONK? Invest in This Top ICO Presale that Offers 90% APY on Staking
Among the standout opportunities, BTFD Coin (BTFD) and Bonk (BONK) have emerged as two of the most promising projects in the market. Read original article on The cryptocurrency market has witnessed a wild ride over the years, and meme coins have been at the center of it all. From viral sensations to digital gold mines, these tokens have captivated investors with their unique blend of humor and high-yield potential. Today, the buzz is all about discovering the Top Ico Presale opportunities that promise not only fun but also massive returns. The evolution of meme coins has transformed them from mere internet jokes into serious investment vehicles, and this trend is showing no signs of slowing down. Investors are now on the lookout for tokens that offer reliable passive income and exponential growth, making the hunt for the Top Ico Presale more critical than ever. Among the standout opportunities, BTFD Coin (BTFD) and Bonk (BONK) have emerged as two of the most promising projects in the market. BTFD Coin, with its cutting-edge staking rewards, engaging play-to-earn (P2E) game, and a referral program powered by its Bulls Squad community, is positioned to take meme coin popularity to new heights. Meanwhile, Bonk brings its own flavor to the table, offering unique features that rival even the most celebrated coins. It's okay to miss out on BONK because BTFD Coin is paving the way for unprecedented gains. Both projects exemplify why they are among the Top Ico Presale opportunities that investors simply can't afford to overlook. 1. BTFD Coin (BTFD) BTFD Coin has rapidly become synonymous with the Top Ico Presale opportunities for massive gains, offering investors a dynamic ecosystem that is both fun and financially rewarding. This token's journey is characterized by its innovative blend of high-yield staking, an immersive play-to-earn game, and a thriving community known as the Bulls Squad. The presale performance has been so impressive that it surpassed half of its planned journey within the first 14 days of a 16-stage rollout, setting the stage for what analysts predict to be explosive growth. BTFD Coin is not just another meme coin; it is a powerhouse built for those who believe in earning passive income while enjoying the ride. At the heart of BTFD Coin lies its exceptional staking mechanism, offering a mind-blowing 90% APY. This high-yield staking is a major reason why BTFD is heralded as one of the Top Ico Presale opportunities available today. With such a robust return on investment, holders earn significant rewards just by locking up their tokens. The 90% APY on staking transforms every holder into a mini passive income generator, contributing to the overall allure of BTFD Coin as the Top Ico Presale that savvy investors are raving about. This feature alone sets it apart from traditional coins, demonstrating its potential to deliver exponential returns over time. Beyond staking, BTFD Coin elevates the investor experience with an engaging play-to-earn (P2E) game that blends entertainment with profit. The P2E game is meticulously designed to be accessible and fun, allowing participants to earn additional tokens simply by playing. This dual benefit of earning while enjoying gameplay enhances the token's utility and attracts a diverse range of investors—from hardcore gamers to those new to crypto. The combination of high-yield staking, the innovative P2E game, and a vibrant community underscores why BTFD Coin is widely regarded as the Top Ico Presale opportunity in the market. The Bulls Squad community is a true game-changer for BTFD Coin. This group of dedicated supporters drives organic growth through an impressive referral program that rewards every member for bringing in new investors. The referral program is a standout feature that energizes the entire ecosystem. Every referral amplifies the token's reach and solidifies its reputation as one of the Top Ico Presale opportunities available today. The enthusiasm of the Bulls Squad is contagious, and their commitment has helped BTFD Coin garner widespread attention among crypto analysts and enthusiasts alike. Market experts have even predicted that BTFD Coin's unique combination of staking rewards, interactive gameplay, and community-driven growth could lead to monumental price surges once it lists. Investors eager to jump on board should act quickly. The process is straightforward and designed for ease of use. Simply visit the official website, connect your wallet by clicking 'Connect Wallet' and selecting your preferred option, whether it's MetaMask, Trust Wallet, or another trusted service. After connecting, enter the purchase details by specifying the number of BTFD tokens you wish to buy, review the discounted price available during this exciting stage, and then click 'Buy Now' to confirm the transaction in your wallet. This seamless process highlights why BTFD Coin is considered the Top Ico Presale opportunity for investors looking to secure massive passive income. The ongoing presale, with its electrifying momentum and strong community backing, continues to drive investor interest and speculation, making it a standout asset in today's crypto market. Why did this coin make it to this list? BTFD Coin's outstanding combination of high-yield staking, a captivating play-to-earn game, and the unwavering energy of its Bulls Squad community cements its status as the Top Ico Presale opportunity for massive returns. Its innovative ecosystem and investor-friendly features create an unparalleled chance for exponential passive income. 2. Bonk (BONK) Bonk has quickly emerged as another beacon among the Top Ico Presale opportunities for massive returns. While some investors may have lamented missing out on BONK, it's perfectly okay because Bonk offers its own compelling value proposition that rivals even the most established tokens. This project has captured the interest of the crypto community with its fresh, energetic vibe and a suite of features designed to generate passive income. Bonk is not about negativity towards BONK but rather about showcasing why new opportunities like this one hold even more promise for substantial gains. The project's design centers around simplicity, user engagement, and a transparent development roadmap that inspires confidence. Bonk's ecosystem is built to reward active participation, and its strategic roadmap includes innovative enhancements that promise to further boost its earning potential. Investors find comfort in the fact that this token is engineered for long-term growth while also delivering immediate passive income opportunities. Its focus on ease of use and practical rewards is precisely what makes it one of the Top Ico Presale opportunities for massive returns that many have been waiting for. One of the most exciting aspects of Bonk is its intuitive staking feature, which allows holders to earn passive income effortlessly. Although the staking rewards may not reach the astronomical levels seen in BTFD Coin, they are still substantial enough to capture the attention of investors focused on the Best crypto to buy for Passive Income. The token's streamlined platform ensures that users can easily participate in staking, thereby maximizing their earnings with minimal hassle. Additionally, Bonk encourages community interaction through regular updates and engaging social media events, further strengthening its network and driving organic growth. Investors are drawn to Bonk not only because of its potential for passive income but also due to its innovative approach to creating value. The project has garnered support from influential voices in the crypto space, and analysts have begun to predict a strong upward trajectory in its price once it gains broader market adoption. This combination of robust passive income features, a lively community, and promising price predictions makes Bonk one of the Top Ico Presale opportunities for massive returns. The project stands as a testament to how new crypto ventures can offer even better prospects than established tokens like BONK, without resorting to negativity—simply by offering superior features and growth potential. The process to invest in Bonk mirrors that of other top-tier projects, ensuring a smooth onboarding experience. Interested parties can visit the official website, connect their crypto wallet by selecting 'Connect Wallet' (choosing from options like MetaMask or Trust Wallet), and input the desired purchase details. Once the tokens are reviewed, the investor simply confirms the transaction by clicking 'Buy Now.' This hassle-free process underscores Bonk's commitment to accessibility and efficiency, further solidifying its reputation as one of the Top Ico Presale opportunities for massive returns. Why did this coin make it to this list? Bonk's innovative design, user-friendly staking, and robust community engagement illustrate why it stands as one of the Top Ico Presale opportunities for massive returns. Its ability to provide significant passive income while offering an exciting, fresh approach to crypto investment makes it a must-consider option. Conclusion The cryptocurrency market is shifting, and the opportunity to secure massive passive income has never been more attainable. The Top Ico Presale opportunities, as exemplified by BTFD Coin and Bonk, offer innovative features like high-yield staking, interactive play-to-earn games, and dynamic referral programs that set them apart. With promising analyst predictions and a robust presale performance that has surpassed half of its journey within the first 14 days, these projects are paving the way for exponential returns. Now is the time to invest in the future of crypto and secure your position in this wealth-generation revolution. Make the Most of this wealth-generation opportunity with BTFD Coin presale. Find Out More: Disclaimer: The text above is an advertorial article that is not part of editorial content. Read original article on
Business Mayor
11-05-2025
- Business
- Business Mayor
BONK Poised For Liftoff As Bulls Target Long-Term SMA Breakout
According to crypto analyst CryptoS6, BONK is approaching a critical juncture as it tests the 200-day Simple Moving Average (SMA) at approximately $0.0000238, a level that has historically acted as a strong resistance during downtrends. A decisive break and sustained move above this long-term indicator could signal a significant trend reversal, effectively marking the end of BONK's prolonged bearish phase. CryptoS6 emphasizes that reclaiming this level would validate bullish momentum and reestablish buyer dominance, setting the stage for an extended rally. Breaking The Long-Term SMA: Why This Level Matters In a recent update on X, popular crypto analyst CryptoS6 pointed out that BONK is flashing signs of a significant technical shift. The price is currently testing the 200-day SMA at $0.0000238, an area widely regarded as a major trend-defining level. Reclaiming this zone would mark BONK's first serious bullish reversal since early Q1, signaling that buyers are regaining control after months of sideways or bearish pressure. Such a shift in control could ignite renewed investor interest and set the stage for an extended rally. What makes the setup even more interesting is the minimal resistance standing between the current price and the 0.5 Fibonacci retracement level at $0.0000348. According to CryptoS6, this area often becomes a magnet for breakout-driven momentum, creating room for swift upward moves. If BONK can firmly close above the 200-day SMA, the probability of a stronger rally increases dramatically, as traders are likely to pile in behind the move. CryptoS6 didn't hold back from making a bold projection either. He suggested that BONK's chart is setting the stage for what could be a 'God Candle' explosive move, a vertical price move that would rapidly push he token from $0.000025 to $0.00004. Read More StarkWare verifies first zero-knowledge proof on Bitcoin BONK 3-Way Confirmation: Volume, Trend & History Say 'Go' CryptoS6 firmly emphasized that a combination of growing volume, strong trend alignment, and striking historical pattern symmetry reinforces the case for a major breakout in BONK. The recent surge in volume is not just noise; it reflects increasing market participation and suggests that accumulation is underway, often a precursor to a significant price move. Meanwhile, BONK's price action is aligning with key moving averages, particularly as it eyes a reclaim of the 200-day SMA, a critical indicator of long-term trend shifts. In conclusion, CryptoS6 described the setup as 'clean,' meaning the chart offers a well-defined structure and reliable levels for both entry and risk management. With momentum continuously building and minimal resistance ahead, the risk/reward profile remains highly favorable. READ SOURCE
Yahoo
13-04-2025
- Business
- Yahoo
Solana Is Down Over 60%—What Solana Holders Need to Know Now
Solana reached an all-time high of $295 in mid-January, just as President Trump launched his memecoin, $Trump. Fast forward to Tuesday, and the once-promising blockchain is trading at just $111.20, a staggering 60% drop from its peak. This dramatic decline has left many investors questioning what went wrong and where the blockchain's price is headed next. One of the key drivers behind Solana's meteoric rise was the retail hype surrounding memecoins, particularly following the release of BONK in December 2022. The meme coin sparked massive retail interest and propelled Solana into the spotlight, driving a surge in decentralized exchange volumes. On Jan. 17, the day the $Trump token launched, Solana saw a peak of $36 billion in DEX volume, a record high for the network. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. However, that momentum has since faded. As of Tuesday, daily DEX volume on Solana has dropped significantly, averaging just around $1.5 billion per day. This sharp decline in trading activity signals a slowdown in the hype cycle that once fueled Solana's growth. With prices now stabilizing well below their highs, Solana holders need to understand what this trend means for the future of the network. Solana: A High Beta Asset With High Risk, High Reward It's important to remember that Solana is a high beta asset—meaning it tends to move more aggressively than the broader crypto market. When prices are rising, Solana often outpaces other top tokens, delivering outsized gains. But the flip side is just as true: when sentiment shifts or liquidity dries up, Solana can experience sharper drawdowns. This volatility is a double-edged sword for investors. While it helped push Solana from under $10 to nearly $300 in just over a year, it also exposes holders to rapid downside when momentum fades. Much of Solana's recent correction can be attributed to the cooling of speculative activity, especially as memecoin trading—one of the major catalysts for its rise—has slowed dramatically. Source: TradingView User @NoticeTrades) For holders, the question now becomes: Is this just part of a typical high beta correction, or a sign of deeper fundamental issues? Understanding Solana's position as a high-risk, high-reward asset is key when evaluating the road ahead. Trending: It's no wonder Jeff Bezos holds over $250 million in art — Current Fundamentals: Weak Signals for Solana's Growth Solana's fundamentals are currently lacking, despite its fast speeds and low fees, which make it an ideal platform for DeFi applications. The network's decentralized exchange volume has significantly dropped from a peak of $36 billion in January to just $1.5 billion per day as of Tuesday. This sharp decline highlights the fading retail-driven hype, particularly from memecoins like BONK, $Trump, and others, which once fueled much of the activity on the blockchain. Additionally, Solana's Fully Diluted Valuation stands at $66.712 billion, while its Total Value Locked, including staked governance tokens, is only $7.79 billion. This gives a FDV/TVL ratio of approximately 8.6, which reveals a significant disconnect between the network's market valuation and its actual on-chain usage. Previously, this ratio was higher during periods of greater hype, but as the market has cooled and activity has decreased, the gap between the FDV and TVL has tightened. A lower ratio is generally preferred, as it signals a more sustainable market valuation relative to the assets locked within the network.A Bright Future Ahead? Despite these challenges, Solana still has significant potential. Its fast transaction speeds and low fees make it an ideal platform for scalable DeFi applications, and its infrastructure remains strong. However, the lack of sustained, organic use outside of speculative events like memecoins has kept the network from realizing its true value. For Solana to truly take off, it needs to attract more consistent use cases within the DeFi space and beyond. If metrics such as DEX volume and on-chain activity improve, Solana could regain momentum. But for now, its weak fundamentals are reflected in the current price drop, showing that without strong, ongoing usage, its market performance will remain volatile. Read Next:Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Solana Is Down Over 60%—What Solana Holders Need to Know Now originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
