Burn

Manta Network

Bonk

Coin

<p><a href="https://insidebitcoins.com/buy-cryptocurrency/best-solana-meme-coins" rel="noopener noreferrer nofollow">Solana-based meme coins</a> experienced a remarkable surge in 2024, including Bonk, which has had mixed performance recently. While bullish momentum appears to be waning, the coin’s overall 6600% rise year-to-date indicates a solid growth trend.</p>
<p>Bonk, the initial dog-themed token on the Solana blockchain, boasts a market cap surpassing $1.5 billion. This article will delve into $BONK’s price prediction and recent developments to determine if it remains one of the <a href="https://insidebitcoins.com/buy-cryptocurrency/best-cryptocurrency-to-buy" rel="noopener noreferrer nofollow">best cryptos to buy now.</a></p>
<h2 id="bonkdao-proposes-major-token-burn-and-partnership-with-manta-network">BonkDAO Proposes Major Token Burn and Partnership with Manta Network</h2>
<p>BonkDAO has initiated a community vote on a token burn proposal, which, if approved, will eliminate nearly 84 billion $BONK from its treasury. This represents all the tokens BonkDAO earned from its revenue-sharing agreement with BONKBot in Q2.</p>
<p><iframe title="BONK Coin Price | BONK Coin News - Crypto Bull Market OVER?! - doge2014 integration" width="640" height="360" src="https://www.youtube.com/embed/txtThBkRh-s?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>To foster community participation, BonkDAO has stated that any Bonk holder can vote, provided they deposit their tokens during the six-day voting period. Deposited Bonk can be withdrawn once the vote concludes. A successful vote for the burn could significantly impact the $BONK price.</p>
<p>In addition, BonkDAO has announced a significant partnership with Manta Network. This collaboration is designed to enhance community engagement through various activities and offer new opportunities for $BONK holders.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">The Dog 🤝 <a href="https://twitter.com/MantaNetwork?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@MantaNetwork</a></p>
 <p>Users who have Locked over 1M <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONK</a> in BONKrewards by 7:25pm EST on 7/11 have the opportunity to earn 1M <a href="https://twitter.com/search?q=%24MANTA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MANTA</a> in rewards over the next month with various BONK community activities❗️❗️❗️ <a href="https://t.co/81ognfvOYm" rel="noopener noreferrer nofollow">pic.twitter.com/81ognfvOYm</a></p>
 <p>— BONK!!! (@bonk_inu) <a href="https://twitter.com/bonk_inu/status/1811592459077476638?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>In a recent announcement, Bonk revealed that users locking over 1 million $BONK in BONKrewards by 7:25pm EST on July 11 would be eligible to earn part of 1 million MANTA tokens over the next month.</p>
<p>This initiative aims to boost participation in upcoming ecological projects. Bonk also plans to host pop-up events with different projects within the ecosystem, offering additional MANTA token incentives. This strategy is expected to reward dedicated holders and attract new members to the Bonk community.</p>
<h2 id="bonk-crypto-price-prediction">$BONK Crypto Price Prediction</h2>
<p>As of today, July 13th, Bonk is priced at $0.0000227 with a 24-hour trading volume of $168.29 million. The $BONK price has increased by 1.53% in the last 24 hours. This modest uptick occurs despite a 38.90% decline in trading volumes at the time of writing.</p>
<p><img decoding="async" class="alignnone size-full wp-image-550520" src="https://insidebitcoins.com/wp-content/uploads/2024/07/bonk-crypto-1-day-price-graph.jpg" alt="Bonk Crypto 1 Day Price Graph" width="1920" height="1080" srcset="https://insidebitcoins.com/wp-content/uploads/2024/07/bonk-crypto-1-day-price-graph.jpg 1920w, https://insidebitcoins.com/wp-content/uploads/2024/07/bonk-crypto-1-day-price-graph-300x169.jpg 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/bonk-crypto-1-day-price-graph-1024x576.jpg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/bonk-crypto-1-day-price-graph-768x432.jpg 768w, https://insidebitcoins.com/wp-content/uploads/2024/07/bonk-crypto-1-day-price-graph-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px"></p>
<p>However, analysts remain optimistic about a rebound, as Bonk consistently relies on trendline support to increase in value. A successful breakout above the $0.000026 level could see $BONK aiming for $0.000030. Bonk’s 14-day relative strength index (RSI) stands at 47.12, indicating a neutral position for Bonk.</p>
<p>For a comprehensive Bonk crypto price prediction analysis, view the video above and subscribe to Jacob Crypto Bury’s <a href="https://www.youtube.com/@JacobCryptoBury" rel="noopener noreferrer nofollow">YouTube channel</a> for more crypto-related content. Jacob also runs a <a href="https://insidebitcoins.com/visit/jacob-crypto-bury-discord" rel="noopener noreferrer nofollow">Discord channel</a> with 26,000 members, providing trading tips and insights into <a href="https://insidebitcoins.com/buy-cryptocurrency/new-upcoming-icos" rel="noopener noreferrer nofollow">upcoming crypto presales</a>.</p>
<h3 id="related">Related</h3>
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Bonk Coin Price Prediction and Major Updates – Is $BONK Crypto Worth Buying?

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Inside Bitcoins

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