Solana Whale That Saw 2021 Crash Warns About BONK, Recommends Memecoiners to Switch to This Altcoin

The BONK memecoin is suffering from the market-wide fallout due to escalating tensions between the US and its trade partners over tariffs. The broader market trends might remain bearish this month, but the downside for BONK is concerning. Analysts have confirmed that BONK seems to be on a trajectory similar to SOL when it rose to an ATH and crashed in 2021.

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Amidst the macroeconomic and geopolitical issues, the DTX Exchange is drawing much attention as a worthwhile investment. Early investors of the DTX presale are laughing on their way to the bank, having accumulated 700% returns already. Aside from being an excellent investment opportunity, DTX Exchange will reshape how we trade assets by merging traditional and decentralized finance.

BONK Drops 45% in Two Weeks

The BONK price has seen a steep decline of 45% in the last two weeks. The aggressive drop can be attributed to the loss in investor confidence that has gripped the meme coin sector, especially for Solana (SOL) based meme coins. With growing macroeconomic concerns, the downward trajectory for BONK suggests that whales have dumped the token, reinforcing the prevailing bearish outlook.

Buying pressure is absent, and a fall below the current BONK price of $$0.00001764 is imminent. With meme coins on the end of constant criticism for their lack of real-world utility, a continued downtrend is expected for BONK. Ongoing market turbulence and lack of confidence in meme coins underscores the fragile state of sentiment around BONK. Most Solana (SOL) based meme coins show double-digit losses driven by risk aversion and dwindling speculative interest.

If selling pressure persists in the meme coin market, BONK will be driven down further, and its latest support level will not hold for long. It is setting the stage for further losses, and a reversal is unlikely until a broader market recovery emerges.

Can the Solana Price Smash Through $300 Soon?

With the broader crypto market tanking early this week, SOL has also been trading in red. SOL has reacted to a demand zone, where buyers stepped in and caused a Solana price bounce, and there is liquidity both above and below the current Solana price. With the Solana price losing over 10%, technicals are signaling bullish momentum if the crypto market emerges from this week’s turbulence.

If Bitcoin gains, the Solana price will follow suit. Macroeconomic factors, like a potential trade war, could influence the Federal Reserve’s monetary policy outlook and reflect on the Solana price. Some analysts say that investors should prepare for continued volatility in the coming few months, but the overall outlook for SOL for 2025 is positive.

There is a buzz around a SOL ETF being approved soon, and that could be the push the Solana price needs to break resistance and reach higher. Investors have been advised to manage risk and adapt to the Solana price action as it unfolds.

DTX Exchange Blows Away Competition

DTX Exchange has incredible speed and low transaction costs. It is a formidable rival to decentralized and centralized exchanges that exist independently of each other and do not support other assets. With its strong fundamentals, analysts forecast that DTX Exchange will hit a $100M market cap soon after launching.

It is the first crypto-native platform to offer hybrid trading of fiat assets and crypto derivatives. The DTX ecosystem provides an innovative and secure approach to trading where advanced technology meets an essential real-world application. It is reaching new frontiers in the DeFi space, with its presale reaching a staggering $13.5M. DTX Exchange is a step into the future, and its token will prove to be the best altcoin in 2025.

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