Bonk Price Prediction 2024, 2025, 2030

Bonk, also known as Bonk Inu and Bonk!, is the most popular meme token on the Solana blockchain with over 500,000 wallets holding it and a fully-diluted market cap of over $2.5 billion.

Unlike other meme coins that offer nothing but the coin itself, Bonk is constantly building new products. So far, the project has released an NFT collection, a trading bot and a token swap. Moreover, the BONK token is an accepted payment method within multiple Solana projects where you can pay in BONK for minting NFTs, NFT raffles, for casino gambling and more.

Our Bonk token price prediction analyzes multiple factors that affect the BONK coin price, such as macroeconomics, market hype, token utility and technical price charts.

Bonk Price Prediction Summary

  • Bonk token (BONK) was airdropped to multiple Solana wallets in December 2022.
  • BONK peaked at $0.00003479 one year after the airdrop in December 2023.
  • Our Bonk token price predictions estimate a price of $0.00007524 by the end of 2024.
  • According to our 2025 Bonk token price forecast, BONK could trade at $0.00009367 at its peak.

Bonk token homepage

Bonk Price Prediction 2024-2030

  • Our Bonk token price forecast points to an average price of $0.00003214for the remainder of 2024.
  • Our technical analysis shows the Bonk token exchanging hands between $0.00007025 and $0.00009367 in 2025. 
  • Bonk token forecast for 2030 shows the potential for a $0.00146385 high.

Year Potential Low Average Price Potential High
2024 $0.00001096 $0.00003214 $0.00007524
2025 $0.00007025 $0.00008196 $0.00009367
2030 $0.00084254 $0.001153195 $0.00146385

Bonk Price History

Bonk is the most popular meme coin on Solana and the largest meme coin on that blockchain in terms of market cap. During the peak bear sentiment on Solana following the FTX collapse when a lot of investors thought Solana would fail along with its projects, a team of 22 individuals airdropped a new token to eligible Solana wallets on Christmas 2022.

This started mostly as a joke, but it caused a massive rally not only for the BONK token itself but also for Solana (SOL) and a lot of its projects.

The positive momentum brought to Solana as well as the liquidation of large short positions caused a massive rally that saw Bonk peak at $0.000004061 five months after the airdrop. Those who bought the bottom and sold the top profited a massive 4,315%.

Bonk to USD all time chart

After that, Bonk slowly faded away and traded mostly sideways until November 2023 when Solana and most of its projects started to rally after the Solana Breakpoint conference.

Since its inception, Bonk reached an all-time high in December 2023 at $0.00003479 following a Coinbase Bonk listing and a Binance Bonk listing, making it the third largest meme coin behind Dogecoin and Shiba Inu. This marks a gain of 37,727% from the bottom in December 2022, beating many other Solana and Ethereum projects.

Bonk price history key points:

  • Bonk was airdropped in December 2022 when the price was $0.0000001545.
  • It peaked in December 2023 at $0.00003479.
  • The lowest price since the airdrop was $0.00000009197, it was reached just a few days after the airdrop.
  • Bonk has a market cap of $1.69 billion from 60.8 trillion tokens in circulating supply.

Bonk Price Prediction 2024

The entire crypto market follows Bitcoin’s lead. With several events offering a potentially bullish year for Bitcoin and the whole crypto space, such as the Bitcoin halving event and the approval of a spot Bitcoin ETF, meme coins such as Bonk could benefit the most in 2024.

Already some traders are utilizing the seemingly unstoppable rise of Bonk’s token price, which is likely to even go higher in 2024. A trader with a leveraged long position on Bonk turned $16,000 into $10,000.

Bonk doesn’t have a roadmap for 2024 and beyond, but based on the team’s previous work we can conclude that the team will keep their focus on collaborating within the Solana community.

Solana is one of the leading blockchains with transactions-per-second and transaction finality speed that dwarfs other blockchains like Ethereum and its layer 2 blockchains. If SOL increases in price and gains more users, Bonk as a social token on Solana is bound to benefit.

Based on that, our Bonk price forecast for 2024 stands at an average price of $0.00003214 with a potential peak of $0.00007524.

Experts at CoinPedia, however, see a more optimistic potential high price of $0.000085 with the average price being $0.0000475 during 2024.

On the other hand, CoinCodex is a bit pessimistic, giving a yearly high of $0.00003917 in 2024, which is close to the price of Bonk in December 2023.

Bonk Token Price Forecast Long Term Outlook – 2025-2030 Predictions

The long-term outlook for Bonk is positive even without a roadmap extending that far in the future. With constant product releases and market hype, Bonk could try to get closer to Dogecoin and Shiba Inu in terms of market cap between 2025 and 2030.

If Bonk reaches Dogecoin’s market cap that it had during the all-time high, it will be worth $0.001484 per token, which is 52 times higher than the price of $0.0000281.

bonk with the marketcap of dogeThis could be a realistic price after one more bull/bear crypto market cycle passes. The only reason why this may not happen is if the market hype moves from dog coins to frog coins, as we’ve seen with the hype behind PEPE coin — and the Solana version PEEP — or some other meme coins that appear in the meantime.

Based on the current information we have, we believe Bonk will trade at an average price of $0.001153195 by 2030.

Experts at DigitalCoinPrice see Bonk trading lower than that at $0.000293 in 2030, while PricePrediction forecasts a similar high of $0.000234 during the same period. 

Potential Highs & Lows of Bonk Token Price

BONK is an SLP token built on the Solana blockchain. It started as a meme coin in December 2022 to provide a morale boost with an airdrop after the FTX crash. However, it quickly grew to be a social and utility token across the Solana ecosystem.

The price of Bonk largely depends on the success of Solana itself and the projects built on the blockchain as BONK is a Solana-native token. So far, there is massive optimism surrounding projects that originate from Solana, such as the oracle Pyth, Jupiter aggregator, JITO MEV infrastructure, the MadLads and Tensorians NFT projects and more.

Because of that, as well as the potentially positive catalysts for the entire crypto space, we believe BONK to trade in the following price ranges between 2024 and 2030:

Year Potential Low Average Price Potential High
2024 $0.00001096 $0.00003214 $0.00007524
2025 $0.00007025 $0.00008196 $0.00009367
2030 $0.00084254 $0.001153195 $0.00146385

What do Other Analysts Predict for Bonk Token?

Bonk price predictions vary across the board. We collected Bonk price predictions from prominent experts in the field to give you a broader view.

CoinCodex experts see Bonk trade between $0.00002699 and $0.00003917 in 2024, while the price will pick up in the following year when Bonk will exchange hands between $0.00003522 and $0.00007153.

Price forecasts from CoinPedia project Bonk trading at an average price of $0.000060 in 2025 and peaking at $0.005 sometime in 2030.

DigitalCoinPrice experts believe Bonk will be priced at an average price of $0.000095 in 2025, while their 2030 price prediction sees Bonk reaching a high of $0.000293.

Crypto experts at PricePrediction see Bonk trading between $0.000020 and $0.000024 in 2024 and between $0.000030 and $0.000036 in 2025.

CoinGape forecasts Bonk price at $0.0000477 in 2024 based on Fibonacci extensions with the potential of hitting $0.0000718 during the same year.

What is Bonk and What is it Used for?

Bonk is the utility and social token on the Solana blockchain. Started as a meme coin, it now serves as a utility token that you can use across multiple Solana projects to pay for NFT mints and raffles. You can even use BONK to gamble on Solcasino.io.

Solana SAGA smartphone holders were also eligible for 30 million BONK, causing the SAGA phone sales to surge in late 2023.

There are over 500 BONK integrations across 10 chains, and the token is listed on major exchanges such as MEXC, Binance and Coinbase, making it a tradable asset even with leverage.

The team behind BONK has also built several products, including BonkSwap, BonkBot and NFT collections. At BonkSwap, users can provide liquidity and earn an annual percentage yield. For example, the Bonk/SOL liquidity pool has a 493% APY as of this writing.

BonkSwapAll of this shows the massive adoption of Bonk on Solana, which is likely to positively impact BONK’s price as the Solana ecosystem grows in the years to come.

Bonk Overview

Cryptocurrency Bonk
Ticker Symbol BONK
Rank 44
Price change 24H 542%
Market cap $1.7 billion
Circulating supply 60.84 trillion
Trading volume 24h $1.85 billion
All-time high $0.00003419
All-time low $0.00000009197

What Influences the Price of Bonk?

The price of Bonk is influenced by multiple factors including inflation, central bank interest rates, market hype, Solana growth and the Bonk project itself.

Dog-themed meme coins are the meta as of this writing, led by Dogecoin and Shiba Inu and Bonk closely behind. If this continues to be the case, Bonk can see a huge price increase. However, frog-themed coins, as well as other meme coins could be the next meta and the interest for Bonk could drop.

Another factor that influences Bonk’s price is the growth and adoption of the Solana blockchain. Bonk being popular on the blockchain stands to benefit if Solana continues to grow. If other blockchains take the spotlight, Bonk’s price could suffer. 

Is Bonk a Buy?

Bonk has already seen huge price increases throughout November and December 2023. Whether it continues to make new gains or not depends on the hype and its sustainability.

If you’re looking to buy Bonk, consider buying it at a pullback and not when it’s making all-time highs.

Best Crypto Exchange to Buy Bonk

Bonk is listed on many crypto exchanges, but we like MEXC the most due to its 0% spot market trading fee. Seasoned traders and those looking to maximize potential gains can trade Bonk futures with 20x leverage while paying a 0.03% taker fee and 0% maker fee.

These are not the only reasons to consider MEXC, however. You can buy Bonk fast with a credit card and use your BONK tokens as collateral with MEXC Loans if you need liquidity.

MEXC homepage

Beginners can learn how to trade using a vast library of educational material, or by copying popular traders and see what they buy and sell.

Don’t want to risk money while you learn? No problem. Use a demo account to try the platform and test your skills with zero risk.

How to Buy Bonk on MEXC

Buying Bonk tokens on MEXC is straightforward. Here’s how it works:

  • Sign up with MEXC. Visit MEXC and sign up. Use either your email address, your Telegram or Google account, or simply use your MetaMask crypto wallet.
  • Purchase crypto. You need to buy USDT first to exchange it for BONK. Purchase crypto with a credit card via third-party providers or use a bank transfer if available for your country.
  • Buy BONK. Select the “Market” tab on MEXC and search for BONK. Select the BONK/USDT pair. Enter the amount of USDT you’re willing to spend and click “Buy BONK”.

Conclusion

BONK is the most popular meme coin on Solana, and it’s a utility token that you can use to yield farm or pay for NFT mints and raffles. This is the third-most-popular dog-themed coin with the potential to grow and catch up to Dogecoin and Shiba Inu in terms of market cap.

However, if you think Bonk is too expensive now or if you’re not sure whether it’s a good coin to have in your crypto portfolio, compare the best cryptocurrencies to buy. Before you make your decision, make sure to do your due diligence as the crypto market is more volatile than the stock market.

References

  1. https://abcnews.go.com/Business/timeline-cryptocurrency-exchange-ftxs-historic-collapse/story?id=93337035
  2. https://www.coindesk.com/tech/2023/01/13/inside-bonk-inu-how-22-developers-put-the-shiba-inu-fun-into-solana-and-away-from-ftx
  3. https://solana.com/breakpoint
  4. https://www.coindesk.com/markets/2023/12/14/meme-coin-bonk-spikes-40-on-coinbase-listing/
  5. https://medium.com/@bonk_inu/the-12-days-of-bonkmas-one-year-anniversary-celebration-97f1a3a9dfa9
  6. https://coinmarketcap.com/currencies/bonk1/
  7. https://www.binance.com/en/support/announcement/binance-will-list-bonk-bonk-with-seed-tag-applied-1592b7a6ec9a408daf4b778f50ab1ca6
  8. https://crypto.com/university/four-phases-crypto-market-cycle
  9. https://www.coindesk.com/markets/2023/12/14/sales-of-solana-phone-surge-as-traders-chase-bonk-arbitrage/
  10. https://decrypt.co/205890/mad-lads-nfts-all-time-high-backpack-ftx-lawyer-exchange
  11. https://www.kraken.com/learn/what-is-firedancer-solana

FAQs

What will Bonk be worth in 2025?

How much will the Bonk token price be in 2030?

Kliment Dukovski

Kliment Dukovski is a cryptocurrency and investments writer. He's written over 1,000 articles to help readers understand complex crypto and investment subjects, as well as to find the best cryptocurrency products to meet their needs. His expert commentary has been featured in Fox Business, MSN Money and MediaFeed.