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Cryptocurrency News Articles
BONK Price Prediction for June: Will BONK Price Continue Its Uptrend?
May 24, 2025 at 02:50 pm
The Bonk price has been on an uptrend since early April 2025, and thanks to the current market conditions, hope remains that it could grow higher.
The Bonk price has been on an uptrend since early April 2025, and thanks to the current market conditions, hope remains that it could grow higher.
Trading around the $0.000021 level at the time of writing, it has moved up by 144% since April. Despite some crests and troughs appearing on the price chart, the craze behind this Solana token is still strong.
But where will Bitcoin price go in June? This article gives a proper look at the token’s price action and determines the other Solana token that could stand as a stronger alternative.
Bonk Price Analysis
Bonk has been on an ascending trendline thanks to positive macroeconomic market conditions. This trendline is currently acting as its support.
In the last 24 hours, the Bonk price has pulled back by 8.57%, largely due to another tariff threat by Donald Trump, which has led the Solana meme coin to test support at this crucial level.
It indicates that its immediate support is around $0.00002, and its trendline support is $0.000018. If the Bonk price breaks below this trendline, a new support will form at around the $0.000015 mark.
The current minor resistance level for this meme coin is $0.000023, with $0.000025 being its major resistance, which was its recent high in May 2025. If the market momentum stays strong, the Bonk price could move up past the $0.00003 mark.
While the token has been on an uptrend, the lowering peaks of RSI, which currently sits at 55, indicate the bullishness around the token may be weakening. Furthermore, recent highs have seen lower trading volume, indicating fading buyer strength. While these pose a minor risk, a shift in the market’s mood could drop the BONK price.
Bonk Price Prediction for June
June is only a week from the time of writing, and given the market conditions, the Bonk price will likely move up.
There is a high possibility that if BONK continues to hold above the $0.000018 level, it will continue floating above the ascending trendline and jump to greater highs. And if the same trend persists, the BONK price could reach $0.00003 by the third week of June.
However, if a long red candle appears on the price chart, things could turn negative, pushing the BONK price below its key support. The RSI dropping below 45 could confirm a bearish divergence, pulling the BONK price toward the $0.000015 to $0.000013 range.
While BONK has established itself as a meme coin with a strong utility-focused ecosystem, none of the use cases have left a big mark. The token is still relying on the Solana meme-coin meta narrative to get a boost on the price charts. So, alongside BONK, investors should also focus on cryptos that, have the same Solana narrative but are providing something unique.
Solaxy - Solana-Based Meme Coin Powering Solana’s First L2 Solution
While Bonk has seen great gains, much of that has been stalled due to overdependence on macroeconomic conditions. So, those seeking another hot Solana meme coin should consider Solaxy as a better alternative.
Described as the world’s first L2 solution for the Solana blockchain, Solaxy is harnessing an array of new technologies—from Celestia to Hyperlane to ZK Rollups—to take steps to make the Solana chain more efficient.
According to the developers, the overarching aim of the project is to strengthen the Solana ecosystem enough to allow more meme coins to emerge from the ecosystem. So, in theory, the emergence of a better Solana means there could be many tokens as popular as Bonk that could be created.
Solaxy is also positioning itself as a meme coin. Although it doesn’t have an official mascot, it does add a meme-based look to several historical figures.
Popular crypto analysts on YouTube are already highlighting the project’s perks. And with Solaxy having already raised nearly $40 million to date, interest is growing.
The presale widget shows that the presale will conclude in the next 23 days. Those interested should act now, as Solaxy is a new Solana token that could become as successful as BONK was in its earlier days—perhaps even more so.
Visit Solaxy
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- Dogwifhat, a meme coin that once enticed meme coin investors with its simplistic approach and a cute narrative to reach an above $1 billion market cap
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