Despite a volatile month, Bonk is showing signs of renewed strength as it begins to regain investor attention. With a market cap currently sitting at $1.09 billion, the meme coin gained 4% in the last 24 hours, rising from $0.00001399 to $0.00001456 before retracing to its current trading level of $0.00001365.
While it remains down by around 34% over the past month, this level of correction isn’t alarming given the broader downturn across the crypto market. Just weeks ago, Bonk was valued closer to $2 billion, so the recent dip reflects a significant but not uncommon contraction in value.
However, the emerging uptick in price and market interest over the past few days hints at the possibility of a more sustained recovery. This article explores Bonk’s price prediction and highlights the Solaxy presale as a promising high-potential meme coin alternative.
Source – Cryptonews YouTube Channel
Bonk Price Prediction
Bonk’s price action over the past week reveals a clear descending pattern with multiple attempts to break above short-term resistance near the $0.000016 level. This resistance has been tested several times but remains unbroken, suggesting strong selling pressure around that zone.
On the downside, support has formed near the $0.0000130 mark, with a deeper wick briefly dipping as low as $0.0000127, which held as a local bottom. The price is currently consolidating between these two key levels, creating a range-bound environment that could lead to a breakout.
If buyers can push the price above the $0.000016 resistance and break out of the descending channel, the projected move could target a 25% gain, placing $BONK around the $0.0000175 level in the short term.
However, failure to hold the $0.0000130 support could lead to further downside, potentially revisiting the $0.0000125 zone. Traders should watch for a confluence of bullish signals such as volume spikes or momentum indicators turning positive as confirmation for entry.
Bonk Eyes Short-Term Gains While Solaxy Hits $55M in Presale Ahead of Major Listing
For traders seeking to capitalize on short- to medium-term gains, Bonk is once again emerging as a potentially lucrative opportunity. Meanwhile, Solaxy has quickly become one of the most talked-about projects in the crypto space, recently surpassing an impressive $55 million in presale funding.
This surge in investor interest comes just days before the token is scheduled to be listed on major exchanges. With only a limited window remaining for early-stage investment, the project has caught the attention of both retail traders and seasoned crypto enthusiasts seeking the next big opportunity.
Designed as a next-gen scalability solution, Solaxy aims to solve the congestion issues that have plagued existing Layer 1 blockchains like Solana.
While Solana is renowned for its speed and low fees, it often struggles under the pressure of sudden spikes in activity—such as high-profile token launches or dramatic price movements. These moments, when reliability is needed most, have highlighted the network’s vulnerability.
Solaxy steps in with a bold technological proposition: nearly double the transactional capacity of Solana by leveraging off-chain computation and advanced rollup architecture. This innovation promises not just faster and cheaper transactions, but also more consistent throughput, particularly during periods of high demand.
Solaxy’s real potential lies in the breadth of its future use cases. With its improved infrastructure, it opens the door to seamless micro-payments, robust gaming ecosystems, and high-performance AI computation apps.
All of these would be virtually frictionless on the Solaxy network, paving the way for mass adoption and new decentralized applications that were previously limited by network constraints. Another key factor fueling excitement is Solaxy’s aggressive token burn strategy.
The team has already eliminated 55 billion $SOLX tokens—equivalent to 40% of the total supply. This includes a recent 20 billion token burn, which followed a previous 35 billion burn.
This significant reduction in supply is expected to drive scarcity and increase long-term value for holders as demand rises with the mainnet launch. Looking ahead, the launch of Solaxy’s main network, its native decentralized exchange, and a dedicated meme coin launchpad are all slated for July.
Investors are also being offered up to 76% in staking rewards for holding $SOLX, which are accessible through multiple non-custodial wallets that support a wide range of chains—including the popular Best Wallet app.
With less than three days remaining in the presale, anticipation continues to build as the project positions itself as a game-changer in the crypto space. To take part in the $SOLX token presale, visit solaxy.io.
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