Bonk delivered a powerful intraday surge earlier right now, briefly reigniting optimism throughout the Solana meme coin scene. Whereas the value has since cooled off, the sudden spike reminded merchants why Bonk stays a critical participant within the ecosystem.
With actual utility, an energetic neighborhood, and rising traction in Telegram-based buying and selling instruments, some imagine this week could possibly be the beginning of one other main transfer.
On the identical time, a brand new contender is gaining consideration — Snorter Token, a meme coin presently in ICO that facilities round a quick, trader-focused Telegram bot.
With decrease charges, enhanced options, and large ambitions, Snorter Token isn’t simply following in Bonk’s footsteps — it’s aiming to lift the bar.
Supply – Insidebitcoins
Bonk (BONK) Value Evaluation
After months of stagnation and waning curiosity, Bonk seems to be mounting a reliable comeback.
Launched in late 2022 as Solana’s reply to Dogecoin and Shiba Inu, Bonk — typically known as “the canine coin of the folks” — skilled a meteoric rise in late 2024, reaching an all-time excessive of $0.00005916 earlier than tumbling under $0.00001.
For a lot of, that marked the top of Bonk’s hype-fueled run. However sentiment is shifting. As of right now, Bonk is buying and selling above $0.0000145, posting a weekly achieve of over 20% and forming the next low on the charts — a key technical sign suggesting a possible development reversal.
Final week’s dip to $0.0000125 probably flushed out weaker palms amid fading quantity.
The turnaround started simply days in the past, fueled by a pointy worth spike and renewed buzz on social media — aligning with a broader resurgence in meme coin exercise and elevated curiosity in Telegram-based buying and selling bots.
Over the weekend, Bonk touched $0.0000150, marking a powerful restoration from its latest backside. Whereas it has since retraced to round $0.0000138, the token stays nicely above final week’s lows — preserving a bullish larger low construction.
Key Ranges to Watch
- Assist: $0.0000130–$0.0000135 — the consolidation zone earlier than the latest breakout
- Resistance: $0.0000150 — the latest native prime and a short-term psychological barrier
If Bonk can maintain above assist and consolidate, one other leg larger is on the desk. A break under $0.0000130, nevertheless, may sign renewed draw back strain.
How Bonk Is Reinventing Itself with BonkBot
Bonk started as a playful, community-driven meme coin, however has steadily grown right into a venture with real-world purposes on Solana. At present, Bonk is used for:
- Staking and yield farming throughout DeFi platforms
- NFT minting and ecosystem incentives
- Peer-to-peer funds and tipping
One in every of its most notable developments is BonkBot — a Telegram-integrated buying and selling bot that lets customers commerce Solana-based tokens with only a token deal with and some faucets.
No advanced UI, no exterior pockets setup. In an surroundings the place Telegram bots have gotten important buying and selling instruments, BonkBot helps Bonk keep related and helpful.
Whereas there’s been criticism round larger charges for smaller trades, BonkBot has made a compelling case for Bonk’s performance — turning it from a speculative asset into working infrastructure.
Infrastructure Strikes That Redefine Meme Coin Investing
Bonk’s enlargement isn’t restricted to buying and selling instruments. In June, the venture launched Bonk Enviornment, a “kill-to-earn” sport the place 50% of revenues go towards token burns and charitable causes — introducing each deflationary mechanics and social affect.
Moreover, Bonk now runs its personal validator node on Solana, contributing to community decentralization and showcasing deeper ecosystem involvement.
These developments set Bonk aside from typical meme cash. It’s now a venture with infrastructure, use circumstances, and a loyal neighborhood — positioning it for extra sustainable progress.
What Comes After a $1B Market Cap?
With a market capitalization now over $1 billion, Bonk could now not supply 100x features. Nevertheless, a 2x to 3x upside stays believable — significantly as altcoin season heats up and merchants search for high-liquidity meme cash backed by actual ecosystems.
Technically, if Bonk breaks by key resistance zones round $0.0000235 and $0.00003, it may pave the best way for a swift run towards the $0.00004–$0.00005 vary.
The place Good Cash May Be Transferring Subsequent
Whereas Bonk is evolving right into a meme coin with endurance, early-stage traders are actually eyeing the following massive alternative — Snorter Token, a Solana-based Telegram buying and selling bot venture presently in presale.
Supply – Snorter Twitter
Snorter Token combines two red-hot tendencies: meme cash and Telegram bots. The venture goals to enhance on current options like BonkBot by providing:
- Lightning-fast Solana execution
- Decrease buying and selling charges
- MEV safety and anti-front-running tech
- Rug-pull detection and rip-off filters
Thus far, Snorter Token has raised over $1.4 million in its presale, with the SNORT token priced at $0.0971. The early traction alerts sturdy curiosity, particularly amongst Solana-native merchants looking for sooner, less complicated, and safer instruments.
In contrast to many meme cash, Snorter Token is positioning itself as a utility-first bot — providing sensible worth for merchants from day one, very similar to BonkBot did, however with key enhancements in value, velocity, and safety.
Conclusion
Bonk has confirmed its endurance. It has weathered market cycles, launched actual merchandise, and fostered a thriving neighborhood inside the Solana ecosystem.
With momentum constructing and the broader altcoin market regaining energy, Bonk nonetheless has room to climb — particularly if it will probably break by key technical resistance.
On the identical time, Snorter Token presents a uncommon early-stage alternative to trip the following wave of meme coin infrastructure. Constructed for velocity, simplicity, and critical merchants, Snorter Token is positioning itself for the Telegram bot period — very similar to Bonk did in its early days.
Finally, Bonk and Snorter Token signify two distinct phases of the meme coin evolution: one as a maturing chief increasing its utility and affect, the opposite as a hungry upstart aiming to carve out its place within the subsequent chapter of Solana’s meme coin motion.
Go to Snorter Token
This text has been offered by considered one of our industrial companions and doesn’t mirror Cryptonomist’s opinion. Please remember our industrial companions could use affiliate packages to generate revenues by the hyperlinks on this text.