Bonk has been a pioneer in the Solana meme token race but what is the dog doing now? Find out in the Bonk price prediction by crypto experts and the ChangeHero team.
All Bonk Price Predictions 2024–2034
- Although the divergence between bullish and more moderate Bonk predictions is huge, there is something in common: both see it eventually setting a new price record;
- The bullish forecast promises major gains in the next market cycles;
- A more moderate Bonk price forecast projects less volatility but less growth as a result.
What is Bonk Coin?
Bonk emerged mere months after the FTX exchange was brought down with its founder arrested on fraud charges. The ensuing bloodbath on the cryptocurrency market had impacted the Solana community a lot and an anonymous team came together to launch a token that would embody a community spirit, as opposed to a corporate approach.
The ethos of BONK is giving power to the people, so right out of the gate they distributed half of the total supply to Solana community members. The team intended to make BONK the meme coin for the Solana ecosystem and paved the way for many of its later counterparts.
Although not directly acknowledged, Bonk references an internet meme that features another internet-famous Shiba Inu dog Cheems. In that sense, it follows in the Dogecoin and Shiba Inu footsteps, while also establishing a brand and identity of its own.
Bonk Price History
BONK Price in 2022–2023
The BONK token debuted in the markets in December 2022, after half of its total supply was airdropped to popular Solana NFT holders, DeFi users, market participants, artists, collectors, and developers. Another half was allocated to early contributors and BonkDAO, locked as liquidity or saved for marketing efforts. At the start, due to 50 trillion coins entering circulation, the initial BONK price was $0.00000015.
Rather soon after the launch, the token entered the spotlight and jumped to $0.0000035. For a long time, the BONK price chart resembled yet another pump-and-dump scheme until it took off again in late 2023, together with the other dog coins.
Due to Bonk having the lowest market capitalization and volumes before that, it easily added 1,400% to its price and made a new record near $0.000025. However, this time around, it did not lose 95% immediately after and closed the year at $0.00001335.
BONK Price in 2024
The rally that truly brought notoriety to Bonk was already an eventful time for the holders, and 2024 followed up on that new state of affairs. The meme token was scoring listing after listing but also met competition from another Solana dog coin, dogwifhat (WIF).
In March, CoinMarketCap named BONK Meme Coin of 2023, as it was soaring again. On March 4, 2024, Bonk reached its current all-time high price of $0.00004704. In May it would make another run for it but fall very short of breaking the record, possibly due to increasing pressure from the competition.
Since then, BONK has been pulling back, albeit very unevenly and with a bounce here and there. The price of BONK today is $0.00002054, and its market capitalization is $1.52B which puts it at rank #52 on CoinMarketCap.
What Influences the Price of BONK?
Competition
As we already mentioned, BONK was one of the first meme explosions in the Solana ecosystem. Tokens on Solana have existed for a while but for some reason, meme coins like Samoyedcoin had a hard time catching on.
Perhaps launching right after a major blowdown was one of the decisions that helped Bonk break the mold. Its success demonstrated the potential of Solana tokens, and dogwifhat with other projects followed suit.
A paradigm shift within the meme sphere was illustrated by newer tokens, PEPE being a prime example. Both it and WIF quickly outpaced BONK, although these projects did not bother with value proposition at all.
BONK was caught in a peculiar position between older and more recent meme coins, hindering its movement through the market cap rankings. Nevertheless, it remains a widely recognized specimen with hundreds of thousands of holders.
Meme Coin Trends
The BONK price history has demonstrated a few times how market trends within its niche exert a major influence on its value. Sometimes, they would even decouple from the broader market trends and outperform major cryptocurrencies such as Bitcoin and Ethereum.
A contributing factor to this behavior is the relative volatility of these types of tokens. Bonk in particular led the dog coin rally in early 2024, together with DOGE and SHIB but outperformed both.
Since then, there have been a few more cases with meme tokens outside of this group surging independently from the rest of the market. Of course, the reverse applies as well, so it would be more correct to say that meme coins have higher volatility rather than show better performance.
Market Sentiment
And of course, the general sentiment in the crypto market plays into the price action in BONK. It is far more likely to move in the direction where more valuable crypto assets are moving as well.
What is the sentiment in the crypto market today? Refer to the indicator above.
Bonk Price Analysis and Forecast
TradingView user peacefulBoa2302 charted a couple of future scenarios for BONK in the next few months:
Bonk always bounces wild, it’s really what level …. perhaps these lines show a path.
Bonk Price Prediction 2024
More Crypto Online on YouTube uses Eliot Waves to provide a Bonk price prediction for the short term. The next wave movement, unless invalidated, should take it up to $0.0000273–0.00003378. The point at which the YouTuber’s scenario would need to be reviewed is an October low at $0.0000191.
30Rates’s Bonk forecast has a bearish bias for the remainder of 2024. The minimum price of BONK in November is estimated to be $0.00001714 but from there, it will recover to $0.00002525 by the year’s end.
CCN.com authors think that the change in trend and recovery could take the BONK price higher by the end of 2024. Their bullish target is at $0.000033. However, this scenario hinges on whether BONK breaks out of the downtrend. If the worse comes to worst, BONK can dip to $0.000015.
Bonk Price Prediction 2025
In a year from now, in October 2025, Bonk is predicted to cost $0.00005811 by the algorithm of CoinCodex. In comparison with today, it is a 167% increase but given the time frame, the target accounts for organic growth only.
Another 2025 Bonk price prediction that accounts for a bullish scenario instead is given by the Token Metrics team. On the condition that the crypto market reaches a $3 trillion total market capitalization during the next bull run, BONK can appreciate up to $0.0000342 but if it explosively grows to $10 trillion, BONK could be worth $0.000114.
For their Bonk forecast, CoinCheckup projects different historic charts such as Bitcoin and tech sector growth. They conclude that in a year BONK’s price will increase by 165%, arriving at $0.00005625.
Bonk Price Predictions 2026–2029
| Year | Cryptopolitan | Coinpedia | Coincub |
| 2026 | $0.000052–0.000063 | $0.000034–0.00063 | $0.00005–0.000095 |
| 2027 | $0.000076–0.000091 | $0.000062–0.00084 | $0.00007–0.00012 |
| 2028 | $0.000112–0.000131 | $0.000071–0.0012 | $0.00009–0.00015 |
| 2029 | $0.000174–0.000197 | $0.000092–0.0024 | $0.00012–0.0002 |
Bonk Price Prediction 2030, 2034
Cryptocurrencies are famously volatile, especially the ones with a small market cap. Even the stock and forex market predictions cannot account for every event that will have an influence on the price movements.
AMB Crypto gives a long-term Bonk price prediction that reflects long-term trends rather than cycles. By 2030, BONK will be traded around $0.000063 on average. Ten years from now, or 2034, its expected average trading price will increase to $0.000082.
Despite the strong fundamentals and use cases, Cryptonews gives a very broad Bonk prediction. Throughout 2030, it is expected to stay in the range of $0.000084–0.00064, and their estimates for 2034 peg BONK to $0.00011–0.0016.
The Bonk price prediction by Traders Union is a bullish one. According to their projections, at the end of the decade, BONK can be worth anywhere between $0.0000365 and $0.000038. In ten years, BONK’s price will move to a higher range but not by much: between $0.0000535 and $0.0000562.
How to get BONK on ChangeHero?
If you own some crypto, you can exchange it for BONK on ChangeHero in five simple steps. No account registration or obligatory KYC is needed:
- Choose the currencies on the home page, amounts, and the type of exchange. Provide your wallet address in the next step and check the amounts;
- Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
- Send the sum of the cryptocurrency you will be exchanging in a single transaction. Fixed Rate transactions have a 15-minute limit;
- All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives;
- As soon as the exchange has been processed, your BONK will be on its way to your wallet.
Our support service is available anytime in the chat on our website or through the email: [email protected].
Conclusion
Arguably, Bonk has found success and even continues its victory lap but it comes with a downside. The more valuable it is, the harder it would be to soar a hundredfold again.
Keep an eye on our blog to stay updated on how the crypto world develops. Sign up for ChangeHero’s updates on social media: X, Facebook, and Telegram.
Frequently Asked Questions
Will BONK reach 1 dollar?
None of the reviewed Bonk price predictions suggest that BONK would reach 1 dollar. BONK has a 100 trillion total supply, which means that for it to hit that price, it needs to have a value comparable to the national budget of a major nation.
What will BONK be worth in 2025?
Different experts expect BONK to trade between $0.0000342 and $0.000114 in their Bonk token price prediction for 2025.
How high can BONK crypto go?
The most bullish Bonk coin price prediction sees it reach $0.0024 in 2029.
What is the price prediction for BONK in 2030?
Bonk price prediction for 2030 names figures from $0.0000365 to $0.00064.
Is BONK coin a good investment?
Depending on your goals and aims, BONK can be a fitting speculative asset. You should always seek professional advice and conduct research before investing in any cryptocurrency.
Disclaimer
This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results.
When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks by conducting your own research. Consider investing in cryptocurrencies only after careful consideration and analysis and at your own risk.
