Meme coin traders Unipcs BONK is predicted to reach a new high soon. The crypto explained several other reasons for why the Solana meme coin is set to break through its previous ATHs.
Why BONK is About to Reach a New ATH
In a post on X, the meme coin dealer said that The BONK about The price will again reach all-time records. He cited several reasons for this, including that BONK has a higher volume on Coinbase than Solana, indicating a massive interest among crypto investors.
Related Reading: Dogecoin influencer drops a crucial warning for DOGE investors, you could lose your coins if you don’t do this
Bonk Guy stated that BONK has more trading volume on Coinbase, than PEPE or the other top meme currencies. Shiba InuDogwifhat and. Meanwhile, the meme coin trader is on track to burn 1 trillion BONK tokens, which are currently worth around $55 million, by Christmas through its ‘Lets BONK’ campaign.
Bonk Guy thinks that the listing of Robinhood, which could occur anytime soon, will also lead to new highs in BONK. The crypto exchange has recently List PEPE BONK is next on its list. A Robinhood listing will be positive for BONK prices, since it will increase BONK’s adoption rate and price.
BONK also offers an ETP, which the coin trader said is primed to be a hit. “serious” He believes that institutional adoption is imminent based on his hearings. This is also good news for BONK’s price, since institutional adoption will drive massive inflows to the meme coin and lead to higher prices.
According to the meme trader, BONK appears to be chosen as this cycle’s main meme by American retail. Bonk Guy noted that BONK should become very interesting in the near future. The South is worth noting. Korean exchange Upbit BONK is to be listed. The meme coin trader said that BONK might be the new favorite meme coin for Korean normies.
Next Leg Up Is Imminent
Crypto analyst X posts a post on his blog Altcoin Sherpa BONK is readying itself for the next move. Investors were advised to buy the spot price and wait for the next leg. The chart showed that the Solana meme coins are set to blow through their ATHs and reach new highs.
Related Reading: Crypto Analyst Reveals Where The Dogecoin Price Top Is For This Cycle – It’s Much Higher 
Source: X
Crypto whales Look to position yourself for this BONK Price Explosion. If you want to know more about the BONK price explosion, click here. Posts XLookonchain’s on-chain analytics platform revealed a whale who is actively accumulating BONK. Data from Onchain shows that this whale spent $3.4M to purchase 65.4B BONK in the past two days.
BONK, at the time of this writing, is trading around $0.00005524. It has risen over 10% in the past 24 hours. CoinMarketCap.
The price continues to show bullish movement | Source: BONKUSDT on Tradingview.com Featured image created with Dall.E, chart from Tradingview.com
Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.
