Past Meme coins that have cycled have gone as far as the top 10 coins in market cap. Not sure BONK goes that far. I’m hoping it goes as high as 1 Billion in MC. That’s somewhere between 100% to 400% of current MC depending on the source of info. Looking at Birdeye.so, it’s another 100%. Looking at CoinGecko, it’s another 400% or so. Basic rough head math so don’t look at me for accuracy.
My advice is not to chase pumps that have already taken off. If I weren’t deep in BONK, I would stay away. Maybe get a bag but be wary.
Past Meme coins that have cycled have gone as far as the top 10 coins in market cap. Not sure BONK goes that far. I’m hoping it goes as high as 1 Billion in MC. That’s somewhere between 100% to 400% of current MC depending on the source of info. Looking at Birdeye.so, it’s another 100%. Looking at CoinGecko, it’s another 400% or so. Basic rough head math so don’t look at me for accuracy.
My advice is not to chase pumps that have already taken off. If I weren’t deep in BONK, I would stay away. Maybe get a bag but be wary.