Bonk Price Prediction: BONK Collapses Through Support – But What Happens When the Sellers Run Out?

BONK has crashed 42% in the past month, but today’s bounce off key support could mark a turning point for the Solana-based token – sparking renewed interest in a bullish Bonk price prediction.Meme coins as a group have been hit hard recently, dropping 37% after President Trump shocked markets by imposing 100% tariffs on Chinese imports.That said, BONK could be one of the first to recover.Its value may have plunged, but so has selling pressure – and its strong community, consistent burns, and real-world utility set it apart.The token’s LetsBonk.fun launchpad is now Solana’s third-largest, with $2 billion in 30-day volume and nearly 12% of the market share.Transaction fees from the launchpad are used to burn BONK, driving long-term scarcity and making every bounce more explosive.Bonk Price Prediction: BONK Could Gain 112% If It Bounces Off This LevelLooking at the daily chart, BONK has dropped to a key support at $0.00001150. The last time the token hit this mark, it bounced strongly, delivering gains of 231% in less than a month.History doesn’t necessarily repeat, but it often rhymes. If buying pressure accelerates as BONK hits this mark again, we could expect a significant uptick moving forward.The market may have exaggerated its reaction to last week’s comments from the head of the Federal Reserve, Jerome Powell. If it starts to recover from this point, BONK could rise to at least $0.000025, meaning a 112% upside potential.The Relative Strength Index (RSI) would have to start climbing above the 14-day moving average and past the mid-line to confirm a bullish outlook.Apart from Bonk, a new crypto presale called Maxi Doge ($MAXI) has been raising hundreds of thousands of dollars from investors to launch a community-centered token that fully embodies the “up only” attitude characteristic of bull markets.Maxi Doge ($MAXI) Brings Traders Together and Raises $4M In The ProcessMaxi Doge ($MAXI) takes the spirit of Dogecoin and infuses some of the adrenaline that comes with leveraged trading. This meme coin hosts a community of retail traders who love taking bold positions — the kind that define crypto bull markets.By holding $MAXI, users gain their way into a thriving community where they can share strategies, insights, and setups with peer ‘degens’.The project will also host weekly challenges like Max Gains and Max Ripped, where top performers earn bragging rights and special rewards.In addition, through the Maxi Fund, up to 25% of the presale’s proceeds will be invested into the most promising tokens of the cycle, and the earnings will be reinvested in marketing to make Maxi Doge a viral sensation.To buy $MAXI and join the pump, visit the official Maxi Doge website, and connect your wallet (e.g. Best Wallet).You can either swap USDT or ETH for this meme coin or use a bank card instead.Buy $MAXI Here.The post Bonk Price Prediction: BONK Collapses Through Support – But What Happens When the Sellers Run Out? appeared first on Cryptonews.