Solana’s BONK Roundtrips Total Gains From 2024, Here’s Why It’s A Good Buy Now
After a year of explosive price growth, Meme coins based on SolanaBonk, which has eliminated all 2024 earnings, recovering about 76% from its peak. Despite the huge decline, one crypto analyst believes that this decline may be a strategic buying opportunity for investors, rather than a cause of concern.
Solana’s Bonk retrieves 2024 gain
A wider range Meme Coin Market Driven by recent volatility and market changes, it has been in a state of severe recession Bitcoin price falls. Follow the President of the United States (US) Donald Trump’s trade warMeme coins like Bonk, Dogecoin, Shiba Inu and others crashed.
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The latest chart analysis of trading experts was identified as “Cusdridge19523′ Glowing light scope Bunker’s severe decline. According to analysts, Bonk has achieved rounded earnings since 2024, down more than 76% from its recent market peak.
This massive price crash marks the fourth major correction in meme coin history. In 2024, Bunker experienced three A noticeable price correction This has caused its price to drop by more than 60%. At the beginning of the previous year, meme coins fell 72.77% after reaching their local peak. Similarly, in the second quarter of 2024, Bunker’s price fell 74.2%, and again fell 65.05% around the third quarter.
Its latest 76.08% is its highest crash compared to corrections before 2024. CoinMarketCap also reported that Bonks’ total revenue in 2025 was approximately 78.82%. The price of meme coins has gradually fallen to their current lows, down 48.02% in a month and 28.46% in the past week.
at present, Bonk prices are still in the red zonedown 1.28% in the past 24 hours. The current price is $0.000018, consistent with past support levels and merged areas that trigger strong rebounds. TradingView analysts also revealed that the market may have to wait between 7 and 90 days before it can travel round trips and experience it Potential price rebound.
Why may now be a good time to buy
As Bonk reaches merger lows similar to past trends, TradingView analysts see its current price levels as attractive Purchase Opportunities For investors who want to take advantage of the market decline. Historically, Bonk is Sharp market correctiongiving investors more reasons to believe that tokens can once again bring rich returns from market lows.
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In addition, TradingView experts also revealed that The crypto market outlook for 2025 is bullishspeculation around Solana-based exchange-traded funds (ETFs). Introduced Solana etf It can also drive institutional interest, benefiting meme coins such as Bonk indirectly. Analysts also highlighted the possibility of Bunker ETF, increasing bullish fires and potential drive demand.
Featured images from LinkedIn, charts from TradingView.com
