{"id":471196,"date":"2024-01-10T11:26:57","date_gmt":"2024-01-10T11:26:57","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=471196"},"modified":"2024-01-10T11:26:57","modified_gmt":"2024-01-10T11:26:57","slug":"bonk-price-prediction-bonk-pumps-another-16-but-experts-say-consider-this-gamefi-presale-coin-for-10x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bonk-price-prediction-bonk-pumps-another-16-but-experts-say-consider-this-gamefi-presale-coin-for-10x-potential","title":{"rendered":"Bonk Price Prediction: BONK Pumps Another 16%, But Experts Say Consider This GameFi Presale Coin For 10X Potential"},"content":{"rendered":"

The Bonk price has pumped by another 16% in the last 24 hours to trade at <\/span>$0.00001522<\/span><\/a> as of 12:17 a.m. EST. <\/span><\/p>\n

Bonk Price Prediction: Technical Analysis<\/span><\/h2>\n

Looking at an in-depth analysis of 2-hour BONK\/USD charts, the meme coin could now be headed towards a corrections. The Relative Strength Index indicator has reverted to a southern trajectory as it exits the overbought region. This shows fading bullish momentum as the Bonk price stands at risk of a bearish reversal in the short term.<\/span><\/p>\n

The MACD indicator also reverts towards the red zone, showing fading bear pressure. <\/span><\/p>\n

The Bonk price is volatile, as shown by the Bollinger Bands, which are currently diverging from each other. This can be attributed to increasing trading activities that have seen the trading volume jump by 96% in the last 24 hours.<\/span><\/p>\n

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2-hour BONK\/USD Chart | Source: TradingView<\/a><\/p>\n

Looking at the long-term trajectory, the Bonk price could see another pump, as whale activity suggests. This comes as whales accumulate the meme coin, with one specific whale accumulating 371.4 billion Bonk tokens. <\/span><\/p>\n

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This smart trader who made ~$6.9M on $BONK<\/a> spent 386 $SOL<\/a>($40K) to buy 3.29B $BONK<\/a> again today!<\/p>\n

He accumulated 371.4B $BONK<\/a> in 9 months at a cost of only 6,998 $SOL<\/a>($276K) and sold half of the $BONK<\/a> during the $BONK<\/a> surge for 50,139 $SOL<\/a>($5.2M).https:\/\/t.co\/pOFRD2ndI8<\/a> pic.twitter.com\/lkgGm13G0e<\/a><\/p>\n

— Lookonchain (@lookonchain) January 9, 2024<\/a><\/p><\/blockquote>\n