With Bitcoin hitting new highs as of late, the altcoin market is particularly showing signs of hyperactivity. As BTC breached the price mark of $65K, the altcoin market responded positively to the change, with BONK and Dogecoin (DOGE) raking up gains to stabilize their valuations. Let’s explore how high both the tokens can ascend by the end of this month.
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BONK & DOGE Price Projections For The End of October 2024
BONK Price Prediction
The latest post by Santiment outlines how BONK has lately been performing exceptionally well as a leading meme coin in the crypto world. As Bitcoin closed in to trade at $66K, BTC’s ascent paved the way for BONK to accumulate significant valuation, spiking nearly 13% in the process.
According to CoinCodex, BONK is gearing up to hit a new ATH by the end of this month, surging 200% in the process.
“According to our current Bonk price prediction, the price of Bonk is predicted to rise by 235.60% and reach $0.00008301 by November 15, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 73 (greed). Bonk recorded 18/30 (60%) green days with 11.77% price volatility over the last 30 days. Based on the Bonk forecast, it’s now a good time to.”
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Dogecoin Price Forecast
Dogecoin has long been consolidating, showing signs of stagnancy when it comes to its price valuation. At present the token is sitting at $0.1236, up 4% in the last 24 hours.
However, per Santiment, the recent BTC spike also favored Doge, which helped the token surge and spike 12% in the process. The much-needed boost for DOGE has helped stabilize its price pedestal, giving it a chance to explore higher price levels by leveraging the current market momentum.
According to CoinCodex, Doge may note a notable decline in its price level by the end of this month. It may trade at $ 0.107862 by October end.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.49% and reach $ 0.10762 by November 16, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 71 (greed). Dogecoin recorded 18/30 (60%) green days with 6.06% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
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