The crypto meme coin scene is buzzing about BONK, the new Shiba Inu of the Solana blockchain. This dog-themed token has already seen massive growth, with prices up 900% in just the last 30 days.
As the crypto market heads toward the next bull run, expected to be the biggest yet, many investors are taking a close look at BONK and its potential for massive gains. BONK is currently priced at $0.00002, putting it 35.19x away from Shiba Inu’s all-time high market cap of $41.19 billion achieved in October 2021.
Source: CoinMarketCap
If you invested $1,000 into BONK today at $0.00002 per token, you would receive 50,000,000 BONK.
For BONK to reach Shiba’s previous all-time high market cap of $41.19 billion, its price would need to hit $0.00069. At that price, your 50 million BONK would be worth $35,190 – a 35x return on your $1,000 investment!
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Show more +Considering many experts predict 200-300% crypto growth or more by 2025, BONK achieving this kind of return is very feasible. If it even approaches the heights reached by other puppy-themed meme coins so far, that $1,000 could grow to a six-figure portfolio.
“With Solana emerging as a leading next-gen blockchain that can truly rival Ethereum, we believe the narrative and momentum is strongly in favor of Solana-based tokens like BONK seeing tremendous growth in the coming years. BONK achieving the same market cap heights as Shiba Inu did last cycle is very feasible under the right market conditions. As the premiere meme coin on Solana, BONK is primed to ride the coattails of Solana’s success and capture the imagination of the wider crypto community – much like Shiba did for Ethereum investors. We wouldn’t be surprised at all to see BONK enter into the multiple billions in terms of market cap during the next major bull market.” says Admir Tulić, CaptainAltcoin’s CEO and crypto veteran.
The crypto markets are unpredictable and major gains are never guaranteed. However, for risk-tolerant investors, putting $1,000 into the emerging Solana meme coin BONK could pay off in a very big way in the coming years thanks to the community momentum and growth potential behind it.
Disclaimer: This article should not be construed as investment advice. The crypto market is inherently volatile and risky, so always do your own research and invest at your own discretion. The calculations and projections regarding BONK’s potential growth are purely speculative and intended for entertainment/illustrative purposes only. We make no representations or guarantees regarding actual future performance or market outcomes.
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