BONKhas shown a rapid rise in the last seven days, becoming one of the top 100 cryptocurrencies with the best performance in the same period.
Indeed, although it has been overshadowed by the shine of new meme coins like Dogwifhat (WIF) in the 2024 crypto bull market, BONK has been an impressive performer since the beginning of the year. It’s up more than 75% in the last seven weeks, and its year-to-date performance is up 81%.
As Koinfinans.com reported, neo-banking platform Revolut will launch this April. meme coin It is preparing to expand its audience by making its trade possible.
In light of the latest developments, the prediction of the popular artificial intelligence tool PricePrediction regarding the price at which BONK will be traded on May 1, 2024 attracts attention.
Artificial intelligence, predicts that Bonk will move slightly higher for the rest of April and reach $0.000026 by May 1. This represents an increase of approximately 6.38% from the price of $0.00002444 at press time.
However, a decline is expected in the short term and will drop to $0.000025 by May 2. This suggests that the stability seen throughout April may not last, but the projected price represents a 0.229% increase from April 25 levels.
Analysts also note that the popular Solana (SOL) meme coin is rising significantly higher. Benjamin, a crypto analyst, found that BONK, which broke after a symmetrical wedge formed, is poised to retest its all-time high (ATH).
Similarly, InvestingScope, an active expert at TradingView, predicts Bonk will rise above its 50-day moving average (MA) for a 165.83% increase towards $0.000065.
