Bonk Price Prediction as $600 Million Trading Volume Floods In – Are Whales Buying?
Popular meme coin BONK is up 13.6% today as 24-hour trading volume hits over $646 million, according to data by CoinGecko.
BONK is the 60th biggest cryptocurrency with a market cap just north of $2.1 billion. This makes it the fifth biggest meme coin by market capitalization, followed closely by FLOKI with $1.9 billion.
Dogwifhat (WIF) flipped BONK yesterday and has held onto its lead today. WIF’s rally over the last seven days has been much stronger than BONK’s.
WIF rose 125% to $2.20 while BONK only rose 47% to change hands at $0.00003294 as of this writing.
Broadly speaking, cryptocurrencies are still rallying hard after posting a month of gains. Bitcoin rose 58% over the last 30 days to trade at $67,454, while Ethereum rose 68% to trade at $3,948.
Over on BONK’s one-month chart view we can see consistent prices until the final days of February, when a rally kicked off that peaked on March 4 at around $0.00004 before falling back.
$BONK
