## Overview of Bonk (BONK)
Bonk (BONK) — a meme coin on the Solana blockchain, launched on December 25, 2022. Created as a "community coin" to revitalize the Solana ecosystem after the FTX collapse, BONK is positioned as a "people's token" with 50% of the supply airdropped to Solana users (NFT collectors, developers, artists). The main goal is to restore liquidity to decentralized exchanges (DEX) on Solana, such as Orca. BONK has no practical utility, relying on meme culture and speculative interest, similar to Dogecoin (DOGE) and Shiba Inu (SHIB).
Key features:
- Community: Activity on X, Reddit, Telegram, integration with 350+ dApps on Solana.
- Ecosystem: LetsBonk (competitor Pump.fun), BonkBot (buyback program), Helio Pay (treasure hunt in London).
- Partnerships: Listings on Binance, Coinbase, OKX, Bitstamp, Bybit (109 exchanges, 225 markets).
- Tokenomics: Maximum supply of 88 trillion BONK, circulating supply ~77–80.5 trillion (87–91%). FDV: ~$1.95–$2.24 billion.
Metrics:
- TVL: None (no DeFi utility).
- Users: ~500 thousand wallets, active community.
- Investments: $25 million from Safety Shot (integration into traditional finance, July 2025).
- Price (August 14, 2025): ~$0.00002783–$0.000028 (USD), €0.000025–€0.000026 (EUR).
- Market capitalization: ~$2.11–$2.24 billion (rank #47–66).
- Trading volume (24 hours): ~$739.87–$763.34 million, growth +19.2–27.67%.
- News:
- Price growth: +4.5–7.67% in 24 hours, +12.5% in 7 days (CoinGecko, CoinMarketCap).
- Listings: Binance, Coinbase, OKX (December 2023–2025), growth of 2000% in 2023.
- Token burn: Announcement of burning one trillion tokens (July 2025), growth of 8.39%.
- Negative: 52.7% drop from ATH ($0.00004704, March 4, 2024), cyber attack (July 4, 2025).
- FUD on X: Accusations of insider dumps (@imperooterxbt, @Yennii56), 50% drop of the Useless token in BonkFun.
- Bullish sentiment: 60–70% of posts on X are optimistic, “whale surge” (+46%).
## Technical analysis
- Current situation: BONK price has dropped by 52.7–59.2% from ATH ($0.00004704, March 2024) and is trading at $0.00002783–$0.000028, with a change of +4.5–7.67% in 24 hours and +12.5% in 7 days. On the daily chart, a symmetrical triangle, support at $0.00002485–$0.00002626, resistance at $0.000029–$0.0000326. RSI is neutral, a breakout is possible.
- Key levels:
- Support: $0.00002485–$0.00002626 (50-day SMA, FVG).
- Resistance: $0.000029–$0.0000326, then $0.00004–$0.00005 (Fib 0.618).
- Indicators:
- RSI (1D): 50.66–55.88, neutral zone, bullish divergence.
- MACD: Bullish crossover on 4H (MACD 0.00000017), bearish on daily.
- SMA: Price above 50-day ($0.000025), below 200-day ($0.00003), neutral trend.
- Awesome Oscillator (AO): Positive region, bullish momentum.
- Volumes: $739.87–$763.34 million, growth +19.2–27.67% (Binance: $5.96–$14.48 million for BONK/USDT). Spike to $1.09 trillion after token burn.
- Chart: Price testing $0.00002783–$0.000028. A breakout at $0.000029 could raise the price to $0.00004–$0.00005; a break at $0.00002485 would strengthen the drop to $0.00001809. Use 4H/1D timeframes. Check on TradingView (BONK/USDT).
## Fundamental factors
- Positive:
- Ecosystem: 350+ integrations on Solana, LetsBonk (market share growth), BonkBot, Helio Pay.
- Market: Correlation with SOL (0.81–0.87), BTC (0.692), meme coin rally (Trump administration, 2025).
- Community: Activity on X, Reddit, Telegram, 77–80.5 trillion BONK in circulation.
- Innovations: Token burn, partnerships with Binance, Coinbase, Safety Shot ($25 million).
- Risks:
- Volatility: 52.7% drop from ATH, cyber attack (July 2025).
- FUD: Accusations of insider dumps (@imperooterxbt, @TWAP0R), Useless token drop of 50%+.
- Lack of utility: Dependence on hype, competition with DOGE, SHIB, PEPE, WIF.
- Tokenomics: 77–80.5 trillion circulating, selling pressure from whales (36.22% held by top 5 wallets).
- Liquidity: Fear & Greed Index 19.83–25 (fear).
## Recommendations
- For traders: Buy when holding $0.00002626 (target $0.000029–$0.00004, stop-loss $0.00002485). Sell on a break at $0.00002485 (target $0.00001809). Use 4H/1D timeframes, watch volumes, news on token burn and Solana.
- For investors: Growth potential is linked to meme coin rally and Solana ecosystem (CAGR 45%), but lack of utility and high volatility require caution. Wait for confirmation of bullish trend ($0.0000326+).
- Monitoring: Follow on X (@bonk_inu, @theunipcs, @W0LF0FCRYPT0), TradingView (BONK/USDT), CoinGecko, CoinMarketCap, Binance Square.
Contract: Solana: DeaF1ute4S3o6WjJ8ouQ8b3rA8b8q3t2b1QN6pk5M4.
Forecasts for 2025 (from web sources):
- Bullish: $0.000045–$0.00007647 (CCN, CoinCodex, Changelly).
- Moderate: $0.000027–$0.000041 (CoinCodex, Coinspeaker).
- Bearish: $0.00001809–$0.00002026 (CoinCodex, WalletInvestor).
Forecasts for 2030:
- Bullish: $0.000172–$0.0003919608 (Changelly, Binance).
- Moderate: $0.00007343–$0.00014 (CoinCodex, Forbes).
- Bearish: $0.00003293–$0.00004648 (Coinspeaker).
Forecasts for 2050: $0.0001049895–$1 (Changelly, CryptoNews), speculative.