Crypto expert explains why BONK price could go parabolic

Bonk price continued its strong rally, reaching an all-time high of $0.000060, making it one of the top-performing meme coins.

Bonk (BONK) was trading at $0.0000543, up by over 39,166% from its all-time low, giving it a market capitalization of $4.8 billion.

A crypto analyst has outlined why the token may have more room to run as Fear of Missing Out spreads across the industry.

In an X post, The Bonk Guy, who has nearly 80,000 followers, highlighted the token’s strong trading volume in key markets. Data from CoinGecko shows Bonk’s 24-hour volume exceeded $3.58 billion, making it the third-most-popular meme coin after Dogecoin and Pepe.

He also pointed out that Bonk’s trading volume on Coinbase, the…

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