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The Bonk price soared 56% in a week despite a 5% drop in the last 24 hours to trade at $0.00002019 as of 5:50 a.m. EST on trading volume that dropped 6% to $389.36 million.
The BONK price sat at $0.00001293 last Tuesday, April 22, only to surge to $0.00002151 at its highest point this week.
That peak was reached yesterday, but the project’s price has since corrected for the second time in seven days, which caused it to drop to a support at $0.000020. However, with the crypto industry getting stronger by the day, the project’s price could keep pushing forward and potentially soar higher, past the resistances that rejected it before.
Bonk Price Prediction
Bonk has seen quite a bit of volatility in the last few days, with its price going up and down, pushing both the upper and lower Bollinger Bands. This resulted in the bands maintaining relatively consistent width, even though the price itself was anything but consistent.
Even so, wide bands are typically taken as a bullish signal, and the activity surrounding the project remains high, with hundreds of millions of dollars being exchanged daily.
With that said, the meme coin’s value has been getting more stable over the last several hours, but this could change if a strong enough catalyst takes the project, or the wider crypto sector, up or down.
BONK/USDT chart analysis (Source: TradingView)
Bonk’s Relative Strength Index (RSI) value has been going up and down similarly to the price itself. Over the last few days, it fluctuated from the oversold zone to the neutral area, and then after taking a brief break, it would proceed to the overbought zone, and then back again.
Right now, the RSI is fluctuating between the neutral value of 50 and 60, after growing from 33.15 where it was some six hours prior. If the pattern holds, the traders are likely to double down on the token in the coming hours, pushing the RSI back up to the overbought zone, and causing the price to return to the resistance that already rejected it twice in the past week.
Promising Alternative To Bonk
While Bonk’s price might grow, a strong resistance standing in its way has caused many to turn to Solaxy (SOLX) as a more promising earning alternative. This is a project that was developed in Solana’s ecosystem, and is its first-ever Layer-2 project.
Not only that, experts also call it the next evolution in Layer-2 technology, delivering epic customization, efficiency, and performance. It also acts as a scalability solution aimed at neutralizing Solana’s pain points, including network congestion, failed transactions, and scalability limitations, while amplifying the network’s strengths.
This is how crypto expert ClayBro, a crypto YouTuber with over 136k subscribers, described it in a recent video, where he highlighted SOLX as one of the three best cryptos to buy now for huge gains.
ClayBro’s assessment seems to match what other investors have concluded about the project, given the fact that its ICO is currently the biggest and most popular ongoing presale in the industry.
Solaxy is hitting a Supernova! 🔥
32M Raised!! 📈📈 pic.twitter.com/0oWzeK5vTm
— SOLAXY (@SOLAXYTOKEN) April 27, 2025
It has raised over $32.25 million since its launch, and its native token, SOLX, is still selling for only $0.001708 apiece, making it a low-cost investment for a token that has seen strong demand so far. Interested investors looking to secure the best deal will want to buy before the next presale increase in around 5 hours.
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