Meme Coin Index with SHIB, DOGE, WIF, PEPE, and BONK Launched by Major Exchange
BitMEX, one of the largest digital asset exchanges, has rolled out a meme coin basket index.
Keep up with what's happening in the crypto world in real-time.
BitMEX, one of the largest digital asset exchanges, has rolled out a meme coin basket index.
Solana-based meme token BONK has joined the rest of the crypto market in the ongoing bloodbath in values.
Bonk (CRYPTO: BONK) is down over 30% over the past 30 days, with traders wondering whether there is any upside to expect from the meme coin. What Happened: One trader sees Bonk rebounding from a support trendline but for bullish continuation, the meme coin needs to break above its resistance level.
BONK retraced to $0.00002150, just shy of our recommended entry range of $0.000020-$0.000021. While the exact target of $0.000021 was not hit, the price did get very close to the predicted range by reaching $0.0000215.
With Bitcoin currently under some major selling stress, and threatening to break down under the $60,000 support, now could be a good time to start picking up some memecoin bargains as most investors are potentially looking to sell. $WIF, $BRETT, and $BONK are all at, or near, good buy zones.
Over the last 24 hours, the BONK price has rallied a significant 10.35% amid a wider market decline, where meme coins experienced a net 1.4% decline.
Last week, BeInCrypto's technical and on-chain analysis predicted that Bonk (BONK) was looking to reach $0.000025. But that was not the end, as the meme coin went further and surpassed the prediction.
The crypto markets have become hopeful as Bitcoin price appears to have re-instated an accumulation phase after a minor upswing. Apart from the major altcoins, memecoins have quickly gained immense strength. While the top memecoins like Dogecoin, Shiba Inu, Pepe & dogwifhat prices are consolidating, Bonk & FLOKI prices have maintained a strong ascending trend.
These are the meme coins to sell as they represent tokens that look stretched from a valuation perspective and are relatively unattractive.
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Solana-based meme coin Bonk (BONK) has recently surged 10%, outperforming other popular meme coins within the top 100 cryptocurrencies. At the time of writing, BONK had risen by 8% in the last 24 hours, trading at $0.000025.
The crypto prices today have illustrated a set of mixed price actions, keeping investors shrouded in a cloud of enigma. Bitcoin (BTC) price traded at the $63k level, showing signs of volatility.
With a bullish continuation in the meme coin sector, the crowd-driven tokens remain the choice of investment in 2024. As the second half of 2024 begins with a slightly better sentiment compared to Q2, the bull run in these high-performing coins could extend.
Dog-themed meme token Bonk (CRYPTO: BONK) pipped heavyweights to emerge as the cryptocurrency market's biggest gainer Monday. What Happened: The Solana (CRYPTO: SOL)-based coin accumulated gains of more than 13% in the last 24 hours, outperforming not just the established memecoins, but blue-chip currencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as well.
BONK has surged by 25.95% in the last seven days after staying dormant for the last six months.
Solana meme coins Bonk (BONK) and Dogwifhat (WIF) are leading a crypto price rally on Monday, with both up roughly 10% in the past 24 hours as per CoinMarketCap.
The modest recovery in the cryptocurrency market on the first day of July is a welcome move after the crypto market recorded another bearish month in June. Nevertheless, it might be a daunting task if not a dilemma for investors wishing to rebalance their portfolios ahead of the second half of the year, which many
The memecoin market is ablaze once again after recent market downturns dealt a severe blow to Bitcoin ($BTC) and altcoins in particular. The past week saw $WIF, $BONK, $BRETT, and $MOG gain back significant ground.
Bonk price forecast: BONK, the first dog-themed coin on Solana, has recently seen a 7.80% increase in price over the past 24 hours. The meme coin is recovering from previous fluctuations and showing signs of upward momentum.
It was a sea of green on Monday as Bitcoin bounced back above $63,000 as investors embraced a risk-on sentiment.
BONK price has noted a substantial decline over the past couple of weeks, bringing the altcoin down to a two-month low.
The Bitcoin price consolidation above $60000 has stalled supply pressure in the crypto market while raising the voice of potential bottom and buy-the-dip. The altcoins market witnessed a notable correction in June amid the Bitcoin miners capitulating and increasing outflow from the US-based ETFs.
Data reveals that the memecoin can return to its previous highs. But there are some conditions.
Bonk (BONK) has been making waves with a 26.42% surge in the past week, capturing the attention of traders and analysts alike.