What if you invest 100$ in $BONK token last year?
If you invested $100 in Bonk (BONK) token last year, the potential outcome would depend on the specific date of your investment and the price movements since then. Here's a general overview based on available price history:
Early 2024: If you invested $100 in early 2024, when BONK was trading at around $0.00001029, you would have acquired approximately 9,718,000 BONK tokens.
Mid-2024: By mid-2024, after a significant rally following news like the approval of Bitcoin Spot ETFs, BONK reached new highs. If you sold at the all-time high of $0.00005627 in November 2024, your investment would have grown to around $547.50, yielding a profit of $447.50 or a 447.5% return.
Current Scenario (February 2025): If you held onto your BONK until now and the current price is around $0.000032, your $100 investment would be worth approximately $311. Therefore, you would have seen a 211% increase in value.
Market Sentiment: Posts on X (formerly Twitter) indicate that there was substantial excitement around BONK, with some users reporting significant gains. However, these anecdotes should be taken with caution as they represent individual experiences which might not be typical
In summary, investing $100 in BONK last year could have led to substantial gains if timed well around market highs, but it also carries the risk of significant loss due to its volatility. Always consider the risks involved in investing in cryptocurrencies, especially meme coins like BONK.