The meme coin market witnessed one of its most brutal crashes this week, sending shockwaves through the crypto community after pseudonymous millionaire trader Unipcs reported a staggering $15 million liquidation. The post Bonk Price Prediction: Meme Coin Bloodbath Destroys Big Trader – But This Could Be the Ultimate Buy-the-Dip Moment appeared first on Coinspeaker.The meme coin market witnessed one of its most brutal crashes this week, sending shockwaves through the crypto community after pseudonymous millionaire trader Unipcs reported a staggering $15 million liquidation. The post Bonk Price Prediction: Meme Coin Bloodbath Destroys Big Trader – But This Could Be the Ultimate Buy-the-Dip Moment appeared first on Coinspeaker.

Bonk Price Prediction: Meme Coin Bloodbath Destroys Big Trader – But This Could Be the Ultimate Buy-the-Dip Moment

2025/10/14 23:26

The crash not only exposed fragility in meme coin liquidity but also highlighted potential opportunities for long-term believers in meme token Bonk (BONK).

The $15 Million Meltdown

Unipcs revealed that he suffered a $15 million loss after extreme volatility wiped out his leveraged positions in Bonk (BONK) and Fartcoin (FARTCOIN).

While Bitcoin (BTC) and Ethereum (ETH) saw moderate declines of around 13%, altcoins and meme tokens plunged by as much as 70%–99% within minutes.

The event was largely confined to centralized exchanges, suggesting a liquidity or market-maker malfunction rather than a systemic market-wide collapse.

Reports surfaced that stop-loss orders failed, margin additions became impossible, and cascading liquidations accelerated the wipeout.

Despite the loss, Unipcs maintained optimism, stating he would overhaul his trading frameworks, cutting leverage, strengthening risk controls, and safeguarding positions from exchange-level failures.

He remained confident in a potential Q4 recovery rally and the broader crypto cycle’s long-term profit potential.

BONK Price Analysis: Massive Recovery Setup?

Bonk (BONK), one of Solana’s most volatile meme tokens, has entered a crucial accumulation phase after an extended downtrend.

As shown in the weekly chart, BONK is trading near the $0.000015 zone, currently forming a descending wedge pattern, a structure often preceding major reversals.

The price recently retested its long-term support between $0.000010–$0.000012, an area that has historically triggered strong rebounds.

The RSI stands around 42, suggesting BONK is nearing oversold territory, while the MACD is flattening, hinting at bearish exhaustion.

Source: TradingView

If bulls defend this key support and BONK breaks above the descending resistance line near $0.000020, the next major target lies at $0.00010, representing a potential 539% rally from current levels.

On the other hand, failure to hold above $0.000010 could trigger another 30–40% correction before long-term buyers step in.

Buy the Dip Opportunity

Historically, extreme drawdowns have preceded outsized recoveries once liquidity stabilizes and market sentiment rebounds.

BONK’s association with the Solana ecosystem, combined with rising developer and retail activity, adds a speculative but promising foundation for recovery.

For disciplined investors, this could be a classic “buy-the-dip” setup ahead of a potential market resurgence.

BONK Buying Window Closing, $SNORT Presale on a Remarkable Run

While the BONK buying window might be closing, Snorter Bot ($SNORT) is positioning itself as a fresh addition to the growing world of Telegram-based trading tools, aiming to simplify how users buy, sell, and manage cryptocurrencies.

The bot launches first on Solana, one of the fastest and most cost-efficient blockchains, with plans to expand soon to Ethereum, BNB Chain, and other major networks.

Its goal is to make trading as straightforward as chatting, removing the need for complex browser extensions or third-party wallets.

Notably, the project’s ongoing presale has already attracted $4.6 million, indicating massive community support.

Each $SNORT token is currently priced at $0.1079 with 6 days until the next price increase.

Snorter Bot allows users to create or connect a crypto wallet within seconds, trade tokens instantly, and even set automatic buy and sell orders without ever leaving Telegram.

The platform focuses on both speed and safety, reducing the risk of scams or failed transactions while maintaining one of the lowest fee structures on Solana.

Supporting the ecosystem is the $SNORT token, which powers premium features within the platform.

Holders can enjoy lower transaction fees, access advanced trading tools, and earn staking rewards at 108% per annum!

To buy $SNORT, visit the Snorter Bot official website and once there, connect a supported wallet, like Best Wallet.

You can swap existing crypto or use a debit/credit card to finish your $SNORT token purchase.

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The post Bonk Price Prediction: Meme Coin Bloodbath Destroys Big Trader – But This Could Be the Ultimate Buy-the-Dip Moment appeared first on Coinspeaker.

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2025/09/18 08:02
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