Solana’s BONK Roundtrips Total Gains From 2024, Here’s Why It’s A Good Buy Now

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	25,414,052,450	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

25,414,052,450

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.00671	-3.77%	0.17142	0.17141	0.17142

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.00671

-3.77%

0.17142

0.17141

0.17142

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.17924	0.17081	0.17815	0.17813	0.080490 - 0.484640

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.17924

0.17081

0.17815

0.17813

0.080490 - 0.484640

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	10:58:02	871.70	0.17142	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

10:58:02

871.70

0.17142

USD

Price x Volume	Volume	Base Symbol	Related Pairs
12,007,473.04	68,395,082.78	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

12,007,473.04

68,395,082.78

Solana’s BONK Roundtrips Total Gains From 2024, Here’s Why It’s A Good Buy Now

06/02/2025 8:00pm

NEWSBTC

After a year of explosive price growth, the Solana based meme coin, BONK, has wiped out all of its 2024 gains, retracing approximately 76% from its peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying opportunity for investors rather than a cause for concern. Solana‘s BONK Retraces 2024 Gains The broader meme coin market has been experiencing a severe downturn, driven by the volatility and market changes caused by the recent Bitcoin price decline. Following United States (US) President Donald Trump’s trade war, meme coins like BONK, Dogecoin, Shiba Inu, and others crashed severely. Related Reading: Analyst Predicts Massive Breakout For BONK Price, Here’s The Target A recent chart analysis by a TradingView expert identified as ‘Cusdridge19523’ sheds light on the extent of Bonk’s severe decline. According to the analyst, Bonk has round-tripped virtually all of its gains from 2024, dropping over 76% from its most recent market peak. This massive price crash marks the fourth major correction in the meme coin’s history. In 2024, Bonk experienced three significant price pullbacks that saw its price drop by more than 60%. At the beginning of the previous year, the meme coin fell 72.77% after reaching a local peak. Similarly, during the second quarter of 2024, BONK experienced a 74.2% price drop and declined again by 65.05% around the third quarter. Its recent 76.08% in 2025 marks its highest crash compared to previous corrections in 2024. CoinMarketCap also reports that Bonks’ total gains for 2025 are about 78.82%. The meme coin experienced a gradual price drop to its current low, plummeting by 48.02% in one month and another 28.46% in the past week. Currently, the BONK price is still in the red zone, having fallen by 1.28% in the last 24 hours. Its current price is $0.000018, aligning with past support levels and consolidation areas that triggered 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 round trip and experience a potential price rebound. Why Now Might Be A Good Time To Buy As BONK reaches consolidation lows similar to past trends, the TradingView analyst believes its current price level presents an attractive buying opportunity for investors looking to take advantage of market dips. Historically, Bonk has shown a clear pattern of strong price reversals after sharp market corrections, giving investors more reason to believe that the token could once again deliver strong returns from market lows. Related Reading: Meme Coin Trader Says BONK Is Headed For New ATH, Here’s Why Additionally, the TradingView expert revealed that the broader crypto market outlook for 2025 is bullish, with speculation growing around Solana-based Exchange Traded Funds (ETFs). The introduction of a Solana ETF could also drive institutional interest, indirectly benefiting meme coins like BONK. The analyst has also highlighted the possibility of a BONK ETF, adding to the bullish fire and potentially driving demand. Featured image from LinkedIn, chart from Tradingview.com

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

DOGEUSD Dogecoin