The Bonk price has experienced a 4% drop in the last 24 hours, reaching $0.00003418 amid a 52% increase in trading volume to $606.46 million.
Current Bonk Price Situation
In the past 24 hours, the Bonk price has declined, losing its support amidst Bitcoin's correction. Despite attempts to bounce back, the token continues following a bearish trend.
Bonk Price Prediction
Bonk is seeking new support after breaking a key level at $0.000035. The drop coincided with increased trading activity observed through widening Bollinger bands. Investment in Bonk currently involves high risks.
Promising Investment Alternatives
With Bonk struggling, some traders are eyeing Catslap (SLAP) as a potential opportunity. Known for its game and 'Slap-To-Earn' mechanic, expectations are high for an upcoming announcement that could boost SLAP's growth.
Despite the current downturn, Bonk remains a volatile asset with potential for rapid price changes. Alternative projects like Catslap are drawing investor interest as new opportunities emerge.