Major Partnership Approaching for Bonk?
Since its launch a few months ago, the BONK cryptocurrency has been constantly making headlines. This memecoin, designed to ride the wave of Dogecoin and Shiba Inu, has successfully captured the crypto community’s attention. Its Bonk.fun platform stole the spotlight from competitor Pump.fun for several weeks.
Although BONK has experienced a sharp correction in recent weeks, losing nearly 27% of its value, analysts believe this pullback is only temporary. The token is currently in a key technical support zone, offering solid bullish prospects. Some traders are even betting on an explosive rebound in the coming days.
However, BONK jumped yesterday by more than 13% in just minutes following the teasing of a major partnership with the Trump family platform, WorldLibertyFi. Indeed, a v2 update of the Bonkfun platform is reportedly in the plans of the Bonk ecosystem team.
But that’s not all. According to Cryptolyxe, Bonk has reportedly purchased a Nasdaq-listed beverage company called Safety Shot. “This would be the first company to share its revenues with a memecoin,” he writes on X.
Could these numerous developments cause BONK to explode?
Technical Analysis Supports Optimistic Price Prediction
Technical data shows that BONK has reached a confluence zone between the Fibonacci 0.618 level and a crucial daily support at $0.000022. This zone, nicknamed the “golden pocket,” often leads to strong price rebounds.
If this scenario materializes, could target $0.000039, representing a gain of more than 80% from current levels. But the technical analysis goes even further, suggesting parabolic potential that could propel the token to $0.000065 and then $0.0001. Such a scenario would represent a spectacular gain of 425%.
Despite the recent decline in trading volumes, which still represented 13% of the circulating supply over the past 24 hours, the Relative Strength Index (RSI) shows signs that the bearish momentum is weakening. This could signal the beginning of a broader recovery in the memecoin market, with BONK being one of the main beneficiaries.
Here’s How to Buy BONK Spot on Bitget with GetAgent
BONK therefore seems ready for its major rise as the altcoin season gains momentum. A surge of more than 400% in the coming months is even possible with all the major announcements on the horizon.
For investors looking to buy BONK spot for a long-term investment targeting $0.000039–$0.0001, here’s how to proceed on Bitget with GetAgent:
- Create a Bitget account: Sign up on Bitget and complete KYC verification to access the BONK/USDT pair in the spot trading section.
- Fund your wallet: Deposit funds in USDT, BTC, or via credit card in the “Deposit” section. Make sure you have enough to cover the purchase and fees (0.1% per transaction).
- Access the spot market: Navigate to the “Spot” section and select BONK/USDT.
- Place a buy order:
- Entry price: Buy at $0.000022–$0.000023 (current zone) or place a limit order at $0.000015 in case of a pullback to the Bollinger support.
- Accumulation strategy: Allocate 40% at $0.000022–$0.000023, 35% at $0.000015, and 25% post-breakout at $0.000025 to optimize the average price.
- Use GetAgent to optimize: Activate GetAgent to monitor key levels (support at $0.000022, resistance at $0.000025). Set up alerts for a breakout above $0.000025 (bullish signal) or a pullback to $0.000015 (buying opportunity). GetAgent can automate buy orders at these levels, maximizing efficiency in the face of BONK’s volatility (11% over 24h). Keep an eye on Solana announcements (ETF, burns) to anticipate price increases.
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