BTCC / BTCC Square / Cryptonews /
Bonk Price Prediction: BONK Shatters the Wedge Pattern – Is a Full-Scale Meme Coin Mania About to Erupt?

Bonk Price Prediction: BONK Shatters the Wedge Pattern – Is a Full-Scale Meme Coin Mania About to Erupt?

Author:
Cryptonews
Published:
2026-01-06 16:17:17
19
3

BONK just tore through a critical technical formation. The classic wedge pattern is broken, and the charts are screaming one thing: momentum.

The Technical Breakout

For weeks, BONK's price action was trapped in a tightening coil—the textbook descending wedge. That compression is over. The breakout wasn't a gentle nudge; it was a decisive surge above the upper trendline, the kind of move that gets algorithmic traders buzzing and retail portfolios itching.

Fueling the Meme Engine

This isn't happening in a vacuum. The broader crypto market is finding its legs again, with Bitcoin showing stability and liquidity trickling back into altcoins. Meme coins, always the canaries in the coal mine for speculative fever, are the first to catch a bid when sentiment shifts. BONK, with its Solana foundation and aggressively memeable brand, is positioned at the epicenter.

The Frenzy Forecast

So, is this the start of a full-blown meme coin frenzy? The signals are flashing amber. A clean breakout like this often precedes a measured move—a price target derived from the height of the wedge pattern. If buying volume sustains, we could see a scramble as traders FOMO into the next leg up, dragging the entire meme sector with it. It’s the crypto cycle’s most reliable, and frankly most absurd, ritual: a dog-themed asset breaks a line on a screen, and suddenly everyone’s a technical analyst.

Of course, in a sector where a tweet can be worth more than a fundamentals sheet, caution is the one asset always in short supply. This breakout sets the stage, but memes run on hype, and hype is a fuel that burns fast and leaves even faster. One cynical note for the traditional finance crowd peeking in: while they're busy with discounted cash flow models, a cartoon dog coin just executed a picture-perfect technical breakout that will likely print more short-term gains than their entire quarterly portfolio review. The charts don't lie, but they do mock.

Bonk Price Prediction: Long Downtrend Is Finally Done, 5B Next?

Source: BONKUSD / TradingView

This is the first time BONK has flipped bullish in months. At the time of writing, it is sitting at a $1.06B market cap with a price of $0.00001215.

The bullish rally has been running for over five days now, since the beginning of January. This MOVE has pushed the RSI above 75, which signals overbought conditions.

A correction could be due, with BONK potentially finding support at the $0.0000100 psychological level.

Historical Lows Could Lead to Historical Highs for Bonk

After the BONK mania that started in December 2023, BONK did the exact opposite and hit a historical low of $0.00000761 in December 2025. Memecoins as a whole also reached historical lows during that month.

The last time this level was reached, around three years ago, BONK preceded a massive rally that pushed the price to a new all-time high at $0.00003419.

Looking at the broader picture, the memecoin season effectively ended in November 2024. Since then, memecoin dominance within the altcoin market has continued to decline, marking over a year of sustained downtrend.

Source: Memecoins Dominance In Altcoin Markets / CryptoQuant

These lows are where the last memecoin season started. And since the beginning of January, things have been looking better, and major memecoins are moving strongly again.

Could this be the beginning of another memecoin season? Maybe, but it is still early to say. Below is one of the projects that could benefit from the market’s next rally.

SUBBD ($SUBBD) Is Built for a Market Like This

When memecoins start waking up and speculation heats back up, early-stage projects with real upside tend to move first. That is where SUBBD comes in.

SUBBD is positioning itself at the intersection of creator economy, Web3 subscriptions, and tokenized access, giving users a way to directly support creators while earning rewards. Unlike pure HYPE coins, SUBBD is tied to an actual use case that benefits from rising on-chain activity and renewed retail interest.

The project has already raised $1.4M, showing strong early demand, and currently offers up to 20% APY, which is attracting attention from yield-focused investors looking for something beyond memecoins.

Earn up to $500 per day with your own AI Creator🔥

Start here: https://t.co/9jJM0SyyiQ https://t.co/v7oruRW0ag

— SUBBD (@SUBBDofficial) December 28, 2025

If the market rally continues and capital starts rotating into smaller, high-conviction plays, SUBBD is one of those names traders tend to look at early rather than late.

Visit the Official SUBBD Website Here

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.