What Is Bonk (BONK)?
Bonk (BONK) is a community-driven cryptocurrency that operates on the Solana blockchain. Launched as a meme token, it has gained significant attention for its vibrant community and dynamic market performance. Like other digital assets, its value is subject to market fluctuations, making it essential for investors to stay updated with real-time data.
Current Bonk (BONK) Market Performance
As of the latest data, Bonk is trading at $0.00001676, reflecting a 24-hour change of -2.54%. Here’s a breakdown of its key metrics:
Price Metrics
- 24-Hour Low: $0.00001608
- 24-Hour High: $0.00001752
- All-Time High (ATH): $0.00005916 (November 20, 2024)
- All-Time Low (ATL): $0.00000009 (December 30, 2022)
Market Data
- Market Cap: $1.346 billion
- 24-Hour Trading Volume: $449.81 million
- Circulating Supply: 80.341 trillion (90.40% of total supply)
- Max Supply: 88.872 trillion
Understanding Bonk’s Price Trends
Bonk’s price is influenced by factors like market sentiment, adoption rates, and broader cryptocurrency trends. Its performance over different timeframes provides insights into its volatility and potential:
- 1-Hour Change: -0.28%
- 24-Hour Change: -2.54%
- 7-Day Change: +25.23%
- 30-Day Change: -0.73%
The token’s recent surge over the past week highlights its potential for short-term gains, while the monthly dip indicates ongoing market corrections.
How to Track Bonk (BONK) Prices
Monitoring real-time price data is crucial for making informed investment decisions. Reputable platforms offer live charts, historical data, and market analysis tools to help users track assets like Bonk. For accurate updates, consider using trusted sources that provide comprehensive crypto market insights.
👉 View real-time crypto charts and data
Factors Influencing Bonk’s Value
1. Market Sentiment
As a meme coin, Bonk’s value is heavily influenced by social media trends, community engagement, and broader crypto market sentiment.
2. Adoption and Utility
Increased adoption in decentralized applications (dApps) or partnerships within the Solana ecosystem can positively impact its price.
3. Supply Dynamics
With a large circulating supply, even minor changes in demand can lead to significant price swings.
4. Regulatory News
Global regulatory developments affecting cryptocurrencies may indirectly influence Bonk’s market performance.
Frequently Asked Questions
What is the current price of Bonk (BONK)?
Bonk is currently priced at $0.00001676. Prices update in real-time based on market activity.
What is Bonk’s market capitalization?
Bonk’s market cap is approximately $1.346 billion, ranking it #58 among cryptocurrencies by market value.
How much is Bonk’s 24-hour trading volume?
The 24-hour trading volume for Bonk is $449.81 million, indicating active market participation.
What is Bonk’s circulating supply?
The circulating supply is 80.341 trillion BONK, representing 90.40% of its maximum supply of 88.872 trillion.
What was Bonk’s all-time high price?
Bonk reached an all-time high of $0.00005916 on November 20, 2024.
What is Bonk’s historical low price?
The token hit its lowest price of $0.00000009 on December 30, 2022.
Investing in Bonk: Key Considerations
Before investing in Bonk or any cryptocurrency, evaluate your risk tolerance and research thoroughly. Meme coins are known for high volatility, so diversify your portfolio and avoid investing more than you can afford to lose. For advanced trading strategies and market analysis, 👉 explore more investment tools.
Conclusion
Bonk (BONK) remains a notable player in the meme coin sector, with active trading and a dedicated community. Its price volatility offers opportunities but also requires cautious engagement. Always rely on verified data sources and stay informed about market trends to navigate the crypto landscape effectively.