The post Bonk News : How High Can BONK Price Trade in July? appeared on BitcoinEthereumNews.com.

In this article, let’s dive into the exciting surge in the value of BONK. We’ll explore the latest trends, expert predictions, and the key factors driving this cryptocurrency’s potential rise. Let’s take a look at this BONK price prediction article in more detail. How has the BONK Price Moved Recently? BONK/USD Daily Chart- TradingView As of today, BONK is priced at $0.00002656 with a 24-hour trading volume of $472.09 million. The cryptocurrency has a market cap of $1.79 billion, representing a market dominance of 0.08%. Over the last 24 hours, BONK’s price has seen a notable increase of 12.98%. BONK hit its all-time high on March 4, 2024, trading at $0.00004516. Its all-time low was recorded on October 12, 2023, at $0.0₆1753. The lowest price since its ATH was $0.00001260, while the highest price since that cycle low reached $0.00004430. Currently, market sentiment for BONK remains bullish, although the Fear & Greed Index indicates a score of 27, reflecting a state of fear. The circulating supply of BONK stands at 67.22 trillion out of a maximum supply of 93.08 trillion. With a yearly supply inflation rate of 44.55%, approximately 20.71 trillion BONK were generated over the past year. Why BONK’s Price Is Going Up? The recent surge in BONK’s price can be attributed to several key factors. Firstly, traders have recognized the $0.00002 support area as a critical buying opportunity. The influx of buying activity at this level has created a strong demand, pushing the price upwards. This strategic buying has led to an increase of 12.98% in the last 24 hours, reflecting a growing bullish sentiment among investors. Additionally, BONK’s current market dynamics have contributed to its upward trajectory. The cryptocurrency’s market cap of $1.79 billion and significant 24-hour trading volume of $472.09 million indicate heightened interest and confidence…

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Filed under: News - @ July 9, 2024 10:16 am