{"id":597006,"date":"2024-03-08T17:55:19","date_gmt":"2024-03-08T17:55:19","guid":{"rendered":"https:\/\/wncen.com\/?p=597006"},"modified":"2024-03-08T17:55:32","modified_gmt":"2024-03-08T17:55:32","slug":"bonk-price-prediction-next-big-altcoin-set-to-explode","status":"publish","type":"post","link":"https:\/\/wncen.com\/sponsored\/bonk-price-prediction-next-big-altcoin-set-to-explode\/","title":{"rendered":"Bonk Price Prediction & Next Big Altcoin Set To Explode"},"content":{"rendered":"
BONK ($BONK) hit a new ATH this past week, but due to fears of price correction, experienced traders are now pivoting to newer alternatives. Given that it\u2019s about to be listed across several tier 1 crypto exchanges, the alternative for many here is Pikamoon<\/a> ($PIKA).<\/p>\n BONK, like other Solana Meme Coins<\/a>, has had a crazy 2024 so far. The meme token hit an all-time high of $0.00004704 last week, up almost 4491.23% from a year ago. Its 24-hour trading volume also shot up to $1 billion, which is a crazy feat to say the least.<\/p>\n BONK also enjoyed an all-time high market cap of approximately $2 billion, however since then it\u2019s slipped a little to settle around $0.00002958. Overall, the project has experienced an impressive 40% gain on a weekly basis.<\/p>\n <\/p>\n <\/p>\n (Bonk one-month price chart via: CoinMarketCap)<\/p>\n With the increasingly bullish momentum on the cards, BONK can perhaps go on to reach new heights. This has led many to questioning whether it can hit that elusive $1 mark. We\u2019ll explore this next…<\/p>\n Bad news folks… the latest technical indicators for BONK are mostly neutral or sell right now, suggesting that the price may not be loading or increasing significantly in the near future.<\/p>\n Most notably the relative strength index for BONK coin has hit 70, which is in the slightly overbought category.<\/p>\n Some analysts warn that the Bonk price could drop soon, as the daily Moving Average Convergence Divergence (MACD) and the daily Relative Strength Index (RSI) indicators indicate a risk of a price correction or a decrease in buying interest.<\/p>\n The 14-day RSI and the STOCH (9,6) also imply a sign of oversold, which means that the price may have reached its peak and may reverse soon.<\/p>\n All this comes off the back of the news that BONK rallied because whales started buying up the token again. Before the price pump, one notable whale bought almost 98 Billion $BONK<\/a> for a price of $1.5 million.<\/p>\n That means a price correction may be on the horizon in the short term.<\/p>\n <\/p>\n Today the price of $BONK<\/a> has increased by more than 50%!<\/p>\n A SmartMoney accumulated 98B $BONK<\/a>($1.54M) from #Binance<\/a> again before the price increased.<\/p>\n He currently holds 319.44B $BONK<\/a>($7M), with a profit of $2.9M.https:\/\/t.co\/1oXGa1QlKp<\/a> pic.twitter.com\/TXYw2H07yz<\/a><\/p>\n \u2014 Lookonchain (@lookonchain) February 29, 2024<\/a><\/p><\/blockquote>\n <\/p>\n As for the big question itself, can BONK hit $1?<\/p>\n The answer seems… highly unlikely.<\/p>\n To reach a value of $1, BONK coin would need to increase its price by over 42 million times. This would imply a market cap of over $93 quadrillion, which is more than the estimated global wealth of $418 trillion.<\/p>\n Based on the indicators above, BONK coin has some potential to grow in value, but not to the extent of reaching $1. A more realistic price target for BONK coin could be $0.0001, which would imply a market cap of $9.35 billion and a 4.240% increase from the current level. This would still require a high level of adoption, innovation, and favourable market conditions for the BONK coin.<\/p>\n BONK to $1 is not possible in 2024. We could see BONK beat its new ATH in the coming weeks, potentially reaching $0.00005 (or even removing a decimal place by the year-end).<\/p>\n Pikamoon<\/a> (PIKA) is a new meme token that is set to take the crypto world by storm. Unlike BONK – which is losing steam after expecting a market correction – PIKA has a solid foundation and a bright future ahead.<\/p>\n Here are some of the reasons as to why traders are looking to pivot from BONK to PIKA as the next crypto bull market of 2024 approaches.<\/p>\n <\/p>\n PIKA ended its presale with a bang last month, selling out all 15 billion tokens in just 7 days into the 60-day countdown and raising over $1.3 million in less than a week.<\/p>\n This shows the huge demand and excitement for PIKA among investors and the general public alike, all of which are eager to get their hands on this deflationary GameFi token with real value.<\/p>\n In their first public appearance via the Pikamoon Podcast,\u00a0 the now doxxed founders of the project Brock and Kanto revealed that the token has secured listings on some of the most reputable and popular centralized exchanges (CEXs) in the industry.<\/p>\n They also revealed that a public listing is expected sometime in the upcoming two to three weeks – however, due to legal reasons, they can\u2019t reveal the names of the platforms just yet. A Presale token being listed on CEXs is practically unheard of in the crypto world, which demonstrates the legitimacy and impressiveness of Pikamoon as a game and PIKA as token.<\/p>\n PIKA has been endorsed by some of the most influential figures in the crypto space, such as Jacob Bury, who dubbed it the “Moonshot” of this bull run, and Tom Sheen, who praised its unique concept and growth prospects.<\/p>\n <\/p>\n Many influencers helped build huge momentum for PIKA throughout the presale, and many more are expected to continue doing so. Of course, such endeavour is designed to attract even more investment interest during the lead up to the token launch.<\/p>\n <\/p>\n PIKA is not just a community meme token, it\u2019s a GameFi token that powers an immersive and rewarding Play-to-Earn (P2E) game – just like Axie Infinity\u2019s AXS, Illuvium\u2019s ILV, or The Sandbox\u2019s SAND that is.<\/p>\n In the previous bull run, all of these tokens went from a few million market caps to over a billion dollars each.<\/p>\n To give one example, Axie Infinity (AXS) started 2021 with a market cap of around 30 million and priced at $0.4. In just 11 months, at the peak of the bull run, it crossed a billion-dollar market cap and saw an all-time high of $164.90.<\/p>\n What’s interesting is that PIKA will be launching with a similar market cap of $10 million – where coupled with the general bullish market sentiment and re-emergence of GameFi, the stage is set for PIKA to follow a similar trajectory in 2024.<\/p>\n As previously mentioned, the founders of Pikamoon revealed their identities in a recent podcast – meaning in boasting a fully doxed and transparent team<\/a>, Pikamoon is one of the most trustworthy and reliable GameFi projects in the space.<\/p>\n This is because full transparency is a rarity in the crypto space, further meaning that it should never be underestimated by investors and holders.<\/p>\n <\/p>\n The #Pikamoon<\/a> Founders are now doxxed \ud83d\udc40<\/p>\n Exciting times for the #PikaArmy<\/a><\/p>\n \u2796@lukeyapples<\/a> Aka. Kanto (Co-CEO) The full development team behind the game & $PIKA<\/a> is also now public! \ud83d\udd0c $200 Giveaway (Follow all, RT, Like) pic.twitter.com\/YE8aQsw4FF<\/a><\/p>\n \u2014 Pikamoon (@PikaMoonCoin) February 29, 2024<\/a><\/p><\/blockquote>\n Although only one episode has been released so far, the trio intend to release more\u2026 and in doing so, more exclusive details surrounding the past, present, and future of Pikamoon will be revealed.<\/p>\n In turn, the Pikamoon Podcast offers the community an amazing and unique way to get to know the people behind their investments, whilst also allowing them to stay updated on the latest news and developments from \u2018the Pikaverse\u2019.<\/p>\n Pikamoon is an entirely community-backed project, with over 15,000 holders and 7,500 beta players already on board. It has active communities on Telegram<\/a>, Reddit, Discord, X<\/a>, and more.<\/p>\n This engaged and active user base not only provides a strong foundation for the project, but also ensures ongoing momentum and explosive growth. The community will also have a say in the governance of the project, as PIKA holders will be able to vote on proposals and influence the direction of Pikamoon.<\/p>\n <\/p>\n The in-house development team behind Pikamoon \u2018Orbit Cosmos\u2019 are working on creating a widely interactive free-roamable open world within Pikamoon – similar to what the creators of Axie Infinity \u2018Sky Mavis\u2019 did to achieve a multi billion dollar token.<\/p>\n The vision for Pikamoon’s mass metaverse is to offer players a dynamic and expansive world where they can connect, socialize, and explore with one another. Players will also be able to create and customize their own unique avatars, embark on quests, battle opponents, and discover hidden treasures across a vast virtual landscape.<\/p>\n As outlined by the tech duo founders throughout the podcast episode, having an in-house development team allows for far greater control over the development process, as the team can create exactly what they want, down to the very last pixel. It also allows for a streamlined feedback system, where community concerns, bug reports, and suggestions will easily reach the development team.<\/p>\n <\/p>\nQuick Takeaways<\/h3>\n
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What’s the Latest on BONK?<\/h3>\n
Bonk Price Prediction 2024 & Beyond: Is $1 BONK Loading?<\/h3>\n
Short Term Prediction<\/h4>\n
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Long Term Prediction<\/h4>\n
TLDR:<\/h4>\n
New Meme Token All Set For Crazy Rally<\/h3>\n
Impressive Pre-sale Performance<\/h4>\n
Upcoming Token Launch on Tier-1 CEXs<\/h4>\n
Endorsements From Global Influencers<\/h4>\n
Market Cap Comparisons with other GameFi tokens<\/h4>\n
A Fully Doxed Team of Professionals<\/strong><\/h4>\n
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\n\u2796@altcoinconrad<\/a> Aka. Brock (Co-CEO)<\/p>\n
\n\u2796@orbitcosmoshq<\/a><\/p>\nCommunity-Backed Project<\/h4>\n
Open World Metaverse Future Plans<\/h4>\n
Final Thoughts<\/h3>\n