BONK is projected to rise 100%, potentially doubling investors’ money as meme coin momentum returns and bullish sentiment builds
On Saturday, the meme coin BONK, which is based in Solana, is trading at the $0.00002195 level. After nearly a year of absence, it has experienced a more than 50% increase in the past 30 days.
In November of the previous year, the token had attained an all-time high of $0.00005825 following Trump’s reclaim of the presidency. Except for the last month, the meme currency has only experienced a slight decrease in value, resulting in minimal to no investor profits.
BONK Is Expected to Increase by 100%, and Here’s When
CoinCodex, a prominent on-chain metrics and price prediction firm, has issued a favorable price prediction for BONK. Per the price prediction, the Solana-based meme coin is expected to double in value and generate 100% profits for investors.
However, the forecast is intended for the long term, not the short term, and only those with exceptional skills can capitalize on the opportunity.
The most recent and revised price prediction indicates that BONK could experience a 100% increase in value in 2030, five years from today. It has the potential to reach a maximum high of $0.00004422, which is approximately a 100% increase from its current price.
Consequently, if the price prediction is precise, a $1,000 investment could increase to $2,000 within five years.
“It is anticipated that BONK will trade in a trading channel between $0.00003726 and $0.00004469 in 2030, resulting in an average annualized price of $0.00004235.” The prediction stated that this could lead to a prospective return on investment of 106.33% compared to the current rates.
It may be advantageous to acquire an entry position at this time, as the meme currency has the potential to initiate a rally within the next five years.
Nevertheless, the markets are prone to volatility, and prices may experience a decline during periods of global financial instability. It is advisable to trade at your own risk, as there is no guarantee that BONK will increase by 100%.
