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After a year of explosive price growth, the Solana -based meme coinBonk, has already wiped out his 2024 profits, with around 76% of his peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying option for investors rather than a reason for concern.
Solana’s Bonk Retraces 2024 profits
The wider Meme Coin Market has experienced a serious decline, driven by volatility and market changes caused by the recent Bitcoin -Price decrease. After the President of the United States (US) Donald Trump’s Trade WarMeme coins such as Bonk, Dogecoin, Shiba Inu and others crashed seriously.
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A recent graph analysis of a trade view expert identified as ‘Cusdridge19523’ sheds on the size of Bonk’s serious decline. According to the analyst, Bonk has almost all his profits from 2024 Round-Trip and more than 76% is falling compared to his most recent market peak.
This massive price crash marks the fourth major correction in the history of the Meme Munt. In 2024, Bonk experienced three Significant pricebackbacks That saw its price fall by more than 60%. At the start of the previous year, the meme mint fell by 72.77% after reaching a local peak. Similarly, Bonk experienced a price decrease of 74.2% in the second quarter of 2024 and again fell by 65.05% around the third quarter.
The recent 76.08% in 2025 marks the highest crash compared to previous corrections in 2024. Coinmarketcap also reports that Bonks’ total profit for 2025 is around 78.82%. The Meme Munt experienced a gradual fall in price to its current low, falling by 48.02% in one month and another 28.46% in the past week.
Currently the Bonk Price is still in the red zoneAfter 1.28% dropped in the last 24 hours. The current price is $ 0.000018, in line with previous support levels and consolidation areas that have activated strong rebounds. The TradingView analyst has also revealed that the market may have to wait between 7 and 90 days for Bonk to make a return and an experience Potential price rebound.
Why is a good time to buy now
With since Bonk Consolidation Lows Lows is comparable to earlier trends, the HandelsView analyst is of the opinion that his current price level presents an attractive Buy buy For investors who want to benefit from market dips. Historically, Bonk has demonstrated a clear pattern of strong price outlets Sharp market correctionsThose investors give more reason to believe that token could again yield a strong return from the market low points.
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In addition, the TradingView expert revealed that the wider Crypto -Market Prevention Before 2025 is BullishWith speculation that grows around Solana-based Exchange Trade Funds (ETFs). The introduction of a Solana ETF Can also stimulate institutional interest, indirectly benefit meme coins such as Bonk. The analyst has also emphasized a bonk ETF, which contributes to the bullish fire and possibly floating question.
Featured image of LinkedIn, graph of TradingView.com
