A rival for Dogecoin? The BONK signal explodes! What future for this new meme corner? Opinions and predictions 2023

The BONK signal sparked widespread euphoria on the Solana network from his airdrop. The project builds Dogecoin and Shiba Inu code with a new original dog token. If we still don’t know much about the project, it will not have failed to attract special attention. BONK aims to be a direct competitor to Dogecoin and is building a massive community.

The help for Solana who saw his value drop after the FTX crash. Crypto has increased from $8 to $13 in no time. And that, we owe a lot to the sign of BONK, which is now seen as Solomon’s Messiah. But then, what should be expected regarding the evolution of its course during the year 2023? And above all, can BONK really be the number 1 memecoin token?

BONK: the team achieves a brilliant marketing stroke!

Launched last December, it makes people wonder why BONK is being talked about so much. Because like the project is still in its infancy and we don’t know much about it.

The main reason for this hype is the massive airdrop that took place to publicize the token. In total, 100 trillion BONK tokens distributed for NFT holders, artists, creators, or Solana developers.

And we can say yes this action will have a more than positive impact on the community. The team has achieved a marketing feat that is completely in line with our idea of ​​memecoin, which is “fun, welcoming, positive” as well explained by “Raj”, the co-founder of Solana.

nothing makes me happier than seeing solana users having fun. and boy are they having fun right now.

keep it positive, inclusive, welcoming, aggressive and fun! and the rest will work out in 2023.

— raj (@rajgokal) January 2, 2023

Soars BONK Token

Want to know what effect this had on BONK? Well, the token jumped from $0.000001078 when it was released to a peak at $0.000002556 this January 4, 2023! And since the number of zeros is quite significant, we give you the percentage change in its value is 2273%.

To make it short, probably the most amazing progress in recent months. It got even crazier when we look at the bear market in which this development occurred.

BONK price evolution since release with value peak – Source: CoinMarketCap

What is the prediction for BONK in 2023. Will it be a competitor to Dogecoin?

Despite this remarkable progress, it is still far too early to get excited about this sign. Because if the Airdrop marketing stunt has driven the dog sign to new heights, what exactly will it be used for?

In reality, it is highly likely that BONK will run its course in the coming days or months. Such a sudden rise based on a marketing operation alone is rarely a good sign for the future. If the creators of BONK do not establish interest in the token quickly from a utility point of view, and with a strong project, it could go back into trouble.

All that is currently known is that BONK is the “first Solana memecoin for humans”. Once the hype linked to the token’s massive Airdrop dies down, then we can see if BONK is a token that will last or if it was just a temporary boost of interest.

In the meantime, if you’re still looking to invest in a Solana dog tag, it is better not to take your eyes off the evolutions on the coursebecause these will probably pull your hair out!

Is there a better alternative to BONK this week?

We talked about it during its presale, which will have raised nearly $19 million. Since then, the Tamadoge team has kept a low profile as they continue to develop the TAMA ecosystem. Because yes, if we’re talking to you about this memecoin, it’s because it has what BONK doesn’t have right now.

Tamadoge is a sign that covers a real project, that is the arrival of the Tamaverse! This is a Play-to-Earn game that will allow players to compete against each other and trade using cute dog NFT cards. The team also launched an ultra-rare NFT card collection in October 2022 to reward early fans.

So, yes, its value has dropped significantly from the various listings on the CEX. But it is a very common process. TAMA’s value is likely to skyrocket once it sees its Tamaverse available. And good news, the world release is scheduled for the end of 2023!

Crypto-assets are a risky investment.

Where can you invest in TAMA?

For this writing, TAMA token is listed on many exchanges. The most popular of them, OKX, which offers you many services and features of all kinds. This is probably the best exchange where you can buy the precious TAMA tokens.

OKX was able to demonstrate its resilience against the fall of FTX. Elon Musk even followed the platform on Twitter. In this period of crisis of confidence, choosing the platforms you invest on is crucial. OKX is also justified in managing its fund reserves and is certified on CoinMarketCap.

If you are interested in the project, feel free to look to form your own opinion. If you like to invest in new pre-sales, click here to read our top current projects.

This article does not represent investment advice in any way. The information provided here should not be used as a basis for making financial decisions. Investing in cryptocurrency involves risk and can result in significant losses. You should only invest what you can afford to lose and do your own research before making any investment decision.