- BONK just swept the lows, hitting a key historic support — traders are watching for stability before making moves.
- First monthly retest in a year, and some believe a bounce toward $0.02+ is in play if it holds.
- The Exchange Art acquisition could be a turning point, adding real-world utility in the Solana NFT space.
BONK’s been through it lately — and crypto trader Cold Blooded Shiller says it just got smacked with a heavy sweep of the lows, touching a historically important support zone. Basically, it dipped right into the danger zone… now the big question is: does it bounce, or does it break?
Shiller’s not calling for liftoff just yet though. “Needs stability,” he posted. “Gotta see confirmation through this level before anyone gets too excited.”
In other words: the structure’s there, but the vibes? Still shaky.
Monthly Support Retest: First Time in Over a Year
Meanwhile, Crypto Chase — another name traders keep on their radar — mentioned he’s still holding onto 1% of his BONK stack. Just watching. Waiting.
He pointed out that BONK is testing a monthly support level that once triggered a serious rally, and this is its first retest in over a year. He’s cautiously optimistic. If BONK holds here, he sees it climbing back above $0.02, though maybe not overnight.
Art Marketplace Acquisition: BONK’s Plot Twist?
What’s especially interesting is this: BONK’s big price move is timed right around its acquisition of Exchange Art, a well-known platform in the digital art scene. That’s not just hype — it could be a pivot toward more real-world utility.
Tying itself to Solana’s booming creator economy could mean more actual use cases, not just speculative buzz. If BONK becomes the memecoin of choice in the NFT space, we might be looking at a different kind of growth story.
Traders Still See BONK as a Top Contender
BONK might’ve taken a hit, but not everyone’s counting it out. Prominent trader Unipcs called it one of the strongest performers in the top 100, and another trader — slightly bolder — said BONK could join the $100B club with Dogecoin and Pepe by the end of this market cycle.
That’s… ambitious. But then again, so was $DOGE at one point.
