BONK Price Prediction: Will BONK Recover After the Recent Market Crash?
- Patricia ArquetteOriginal
- 2024-10-10 00:36:11779browse
In early 2024, BONK captured significant attention in the crypto market. Its initial rise was driven by social media hype around dog-themed coins
BONK, a meme coin that surged astronomically in early 2024, has now lost steam due to its lack of utility. Despite massive gains of 1000x, driven by social media hype around dog-themed coins, BONK's rapid ascent was unsustainable.
As the initial excitement waned, so did trading volume and market interest. Without any long-term value proposition or real-world use cases, investors shifted towards more sustainable projects.
As a result, BONK prices started to decline steadily throughout 2024 and into 2025, losing around 55% of its value. Latest price predictions suggest this downtrend is likely to continue.
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