✅ What’s positive
#BONK is listed on major platforms and has a large circulating supply (~82 trillion tokens) with a market cap in the hundreds of millions.
There are medium-/long-term bullish price-predictions by some analysts: e.g. one source projects up to ~$0.0000351 by end of 2025 under bullish conditions.
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⚠️ What’s less encouraging / risks
According to recent technical analysis, BONK recently broke below a key support level ($0.00001032) with rising volume, which is a negative signal.
Some other analysis predicts a drop rather than a rise over the short term (for example: around −25% into December 2025) based on current sentiment.
As a “meme token” (community / hype driven more than utility driven) it carries higher risk and is more speculative. (See commentary about meme-coins in general)
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🔍 My takeaway
So yes: there are bullish scenarios for BONK, but the immediate signs suggest caution. If someone says “it’s going up” they may be referring to longer-term potential or perhaps a bullish narrative, but right now from a chart/technical standpoint BONK has shown weakness.
If you like, I can check the very latest intra-day data and sentiment for BONK (hourly-level) and we can try to assess whether it’s currently trending upward. Do you want that?