Este Artículo También is respondable in Español.
After a year of explosive price growth, the Memes piece based in SolanaBonk, destroyed all of its 2024 earnings, recovered at around 76% of its peak. Despite this spectacular decline, an Crypto analyst suggested that this drop could be an opportunity for strategic purchasing for investors rather than a cause of concern.
Solana’s Bonk Retraces 2024 Gains
Widest Room market has experienced a severe slowdown, driven by volatility and market changes caused by the recent Bitcoin price. According to the United States (United States) Donald Trump’s trade warDogecoin, Dogecoin, Shiba Inu and others have crashed severely.
Related reading
A recent analysis of graphics by an expert tradingView identified as “Cusdridge19523” light up on the extent of Bonk’s serious decline. According to the analyst, Bonk unfolded almost all of his earnings from 2024, lowering more than 76% compared to his last peak on the market.
This massive price accident marks the fourth major correction in the history of the same corner. In 2024, Bonk lived three Important price poldbacks This has seen its price drop by more than 60%. At the beginning of the previous year, the same piece dropped 72.77% after reaching a local peak. Similarly, during the second quarter of 2024, Bonk experienced a drop in prices of 74.2% and again decreased by 65.05% to the third quarter.
Its recent 76.08% in 2025 marks its highest accident compared to previous corrections in 2024. Coinmarketcap also reports that Bonks’s total gains for 2025 are around 78.82%. The same part experienced a gradual drop in prices at its current low, falling 48.02% in one month and 28.46% in last week.
Currently, the Bonk Price is still in the red zoneHaving dropped by 1.28% in the last 24 hours. Its current price is $ 0.000018, corresponding to the levels of support and the consolidation areas that have triggered strong rebounds. The tradingView analyst also revealed that the market may have to wait between 7 and 90 days for Bonk to go back and forth and the experience of a Price potential rebound.
Why could now be the right time to buy
While Bonk reaches consolidation stockings similar to past trends, the tradingView analyst believes that his current price level presents a Opportunity to purchase For investors who seek to take advantage of market drops. Historically, Bonk showed a clear scheme of strong price reversals after Net market correctionsThis gives investors more reasons to believe that the token could once again provide solid yields of market stockings.
Related reading
In addition, the tradingview expert revealed that the widest The prospects for the crypto market for 2025 are bullishWith speculations that develop around the funds based in Solana (ETF). The introduction of a ETF Solana Could also arouse institutional interest, indirectly benefiting from the pieces even as Bonk. The analyst also underlined the possibility of an FNB Bonk, adding to the bullish fire and potentially at the request of the demand.
Linkedin star image, tradingView.com graphic
