A crypto analyst is predicting a big week for the Solana-based memecoin, Bonk (BONK).
Bonk’s Bullish Run
Bluntz, a popular crypto trader on X (formerly Twitter), believes that Bonk is in the middle of a five-wave rally, based on the Elliott Wave theory. He predicts that Bonk could reach as high as $0.000033, a significant jump from its current price.
“Bonk is in prime position for a turbo green week,” Bluntz said. “Parabola soon.”
Bonk vs. Pepe
Bluntz also compared Bonk to another popular memecoin, Pepe (PEPE). He believes that Bonk is poised to outperform Pepe, noting that Bonk is setting up for a bullish run.
“Looks like the leader torch is being passed from PEPE over to BONK,” Bluntz said.
Pepe’s Next Move
While Bluntz is bullish on Bonk, he also sees potential for Pepe to rise again. He believes that the recent dip in Pepe’s price is just a temporary setback, and that the memecoin is ready for another leg up.
“Still think this PEPE dip is a gift for the sidelined bros,” Bluntz said. “Violently higher with haste.”
Disclaimer:
This is just an analyst’s prediction and not financial advice. Always do your own research before investing in cryptocurrencies. /p>
