🚀 Bonk Price Prediction: Binance.US Buzz Fuels 9% Surge – Is $1 BONK Inevitable?

Memecoin mania strikes again as BONK rides the Binance.US hype wave—but can this dog-themed token really hunt down a $1 valuation?

When exchanges whisper, crypto degens listen. The mere mention of BONK on Binance.US sent the Solana-based token barking up a 9% gain overnight. Now traders are howling about the next price target.

Pump Chasers vs. Reality Check

Another day, another memecoin pumping on vapor-thin fundamentals. While the 9% jump looks juicy, BONK would need a 100,000% moonshot to sniff $1—a feat that'd make even Dogecoin holders blush. But since when did math matter in crypto?

The real question isn't if BONK can reach $1, but whether this is another 'buy the rumor, sell the news' play before the inevitable dump. After all, nothing makes Wall Street hedge funds seethe like watching meme traders outpace their 'serious' investments with a token featuring a cartoon shiba inu.

Bonk Price Prediction: BONK Could Move Higher as Positive Momentum Gains Traction

Looking at the daily chart, BONK seems to be on track to hit its nearest resistance at $0.00002500 after breaking a descending price channel with strong volumes.

The price retested the upper trend line and followed its upward trajectory and has now gone up for 6 days in a row.

Bonk’s trading volumes have been rising since the month started, moving from $122 million on July 1 to $1.4 billion yesterday.

This could be an indication of an ongoing short squeeze that could push BONK to this first target in a matter of days.

The price has also moved above the 200-day exponential moving average (EMA) and both the 9-day and 21-day EMAs could be on track to surge above this indicator. If that ‘golden cross’ happens, BONK could rise to even higher levels.

Even though hitting $1 is unrealistic as it would mean that BONK’s market cap would be $80 trillion, this latest bullish breakout could anticipate significant upside potential ahead for the second-largest meme coin in the solana ecosystem.

Meanwhile, new meme coins are emerging every day within this blockchain that offer even higher gains. Snorter (SNORT), a sophisticated trading bot designed to snipe the most promising tokens, has become one of the hottest crypto presales of the year.

Snorter (SNORT) Has Raised $1.6M to Launch its Meme Coin Snipping Bot

Snorter (SNORT) is a trading bot created to snipe the best meme coins within the Solana, Ethereum, and BNB Chain ecosystems.

This bot offers low commissions, the possibility of setting limit orders to secure the best entries and lock in profits, and incorporates protection against MEVs, rug pulls, and other scams.

Just a month after its launch, the project has raised $1.6 million to launch this sophisticated trading tool. This indicates strong interest from investors at a point when the Solana meme coin ecosystem is expanding and growing rapidly.

The positive performance of tokens like BONK favors a successful exchange listing for $SNORT once it is launched as interest in meme coins will keep rising.

To buy this presale, head to the Snorter website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH for this token or use a bank card to invest.