The cryptocurrency market appears to be regaining momentum, and Bonk (BONK) could be one of the next tokens to benefit.
The Fear and Greed Index is showing early signs of recovery, climbing back toward 35 and approaching the neutral zone. While the market is slightly down today by 0.3%, it was in the green earlier, signaling possible upcoming volatility and strength.
At the same time, the Relative Strength Index (RSI) for several assets is tilting toward overbought territory, suggesting renewed buying pressure. Bitcoin (BTC) remains above $110K, and Ethereum (ETH) continues its slow but steady upward movement.
Adding to the bullish tone, the White House recently confirmed a new trade deal with China, including the easing of export controls and the removal of tariffs, a development that sent Bitcoin soaring. Historically, when Bitcoin rallies, meme coins like BONK tend to follow.
As the market gears up for a potential altseason, Bitcoin Hyper (HYPER) is also gaining strong attention, with many traders calling it the best altcoin to buy.
BONK Price Prediction
Bonk (BONK) has faced strong selling pressure in recent weeks, evidenced by a 32% correction over the past month. Despite the short-term volatility, down 3% on the day, this pullback appears to be setting the stage for a major reversal.
On the daily chart, BONK is now trading inside a descending channel, a structure that often precedes bullish breakouts. Supporting this technical pattern is strong on-chain data suggesting steady accumulation, implying that buyers are quietly loading up in anticipation of the next move.
Influencers like AltCryptoGems on X noted that BONK has one of the widest trading ranges in the current crypto market, emphasizing that “support is not the place to turn bearish.” This technical setup provides a clear trajectory for both short- and long-term gains.
If BONK can successfully break above the $0.00001 resistance, analysts expect a potential run toward $0.00006, which would represent a 4x move. Beyond short-term gains, BONK’s market ceiling remains high. During its previous cycle, the token reached a $4 billion market cap.
With a strong altcoin season, a return to or even a 2x of that valuation is not out of the question. Underpinning the bullish technicals is strong fundamental activity.
Despite a quiet October, September was a landmark month for BONK, showing that the team remains active and committed to ecosystem growth. Community sentiment is heating up as the BONK X account now exceeds 450,000 followers, and engagement continues to climb.
As discussion and coverage of BONK increase, market psychology is shifting. Historically, early buzz before mainstream media coverage has been a crucial bullish indicator for meme coins.
Talking about meme coins, there is also a new meme token that could explode in the next altseason, Bitcoin Hyper, tipped by some traders as the best altcoin to buy now.
Why Bitcoin Hyper Is the Best Altcoin to Buy Now
Bitcoin Hyper is a Layer 2 network built to give Bitcoin the features it has always needed, such as smart contracts, DeFi, and fast transactions that settle in seconds instead of minutes.
It uses a custom version of the Solana Virtual Machine, which can handle over 65,000 transactions per second.
Users can bridge their BTC to Bitcoin Hyper’s Layer 2, wrap it, and start farming yield, trading meme coins, or lending against tokenized real-world assets.
These are things the Bitcoin network couldn’t do before. Bitcoin Hyper runs on Proof of Stake validators, keeping fees low and transactions fast.
The team also plans to launch DAO governance, giving $HYPER holders voting rights on upgrades and treasury use. The goal isn’t to replace Bitcoin but to make it more useful while keeping its core strengths.
The Bitcoin Hyper presale has now raised around $25.6 million, with the current $HYPER price at $0.013215. The price will rise again in just over a day, giving investors a short window to buy before the next tier.
The presale also includes staking, letting holders earn rewards right away. The current APY is 46%.
Analyst Crypto June recently called Bitcoin Hyper one of the best altcoins to buy now. Investors can buy $HYPER on the Bitcoin Hyper website using ETH, USDT, BNB, or even a credit card.
For a smoother experience, the team recommends Best Wallet, one of the top crypto and Bitcoin wallets, where $HYPER is already listed under “Upcoming Tokens.” Many investors are now adding $HYPER to their watchlists as 2025 comes to a close.
Visit Bitcoin Hyper
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.