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The broader market starts early, with Bitcoin preparing a bounceback from the crucial psychological support of $60,000. As meme coins are the bull run torchbearer this year, smart money closely follows trend reversals and the launch of new and trending coins.
The broader market starts early, with Bitcoin preparing a bounceback from the crucial psychological support of $60,000. As meme coins are the bull run torchbearer this year, smart money closely follows trend reversals and the launch of new and trending coins.
Bonk Price Analysis: The price of Bonk surged by 9.9% in the last 24 hours to trade around $0.00002421 during European business hours on Friday. The price increase comes after VanEck filed for Solana ETF in the US, claiming SOL is a commodity.
Today, the BONK price has experienced a notable pullback amidst a broader market retracement, with meme coins down an average of 3.5%.
The price of leading Solana meme coin Bonk (BONK) has pumped up more than 25% from earlier weekly lows near $0.000018, but its momentum has waned somewhat as an exciting AI crypto meme coin called Wiener AI (WAI) steals the spotlight.
BONK surges amid heightened trading activity and bullish reversal.
Latest updates on ADA, BONK, and PEPE coins.
Memecoins have not been immune to the broader crypto market downturn. Two Solana-based memecoins, Bonk ($BONK) and Floki ($FLOKI), have, however, surged in recent market slumps.
While leading Solana meme coin Bonk (BONK) continues to move higher within a longer-term uptrend, its momentum is currently looking weak. So holders have been shifting their focus to a fresh Bitcoin project called 99Bitcoins (99BTC) as they eye the possibility of huge potential gains.
Today, despite pale market performance and growing community pessimism, meme cryptocurrencies are posting notable gains. Some meme coins from the top 500 managed to score 50-60% surges in last 24 hours.
The start of the day's trade witnessed the AI tokens leading the rally as AGIX & FET prices launched a 20% rise. As the trade progressed, the gains consolidated within a range, paving the way for the memecoins to gain the top spot.
Meme coins, including Bonk (BONK), were among the top gainers of the last 24 hours. Before now, BONK had to cope with the torrid environment, as its market cap dropped by almost $2 billion in less than two months.
BONK, the first dog-themed coin on Solana, has experienced a notable increase in price over the past 24 hours after a market rebound. Bonk price is trading at $0.0000219 with a strong surge of 13.49% as of European trading sessions.
Solana-based meme coins Bonk (BONK) and Floki (FLOKI) have outshined most of the popular meme coins with over a 15% surge in the last 24 hours. At the time of writing, BONK was up 17%, exchanging hands at $0.000022.
A key factor to consider is the downward trendline, which is extending resistance near the $0.0000229 level. The closing of candles below this level has the potential to drive a selling trend, reinforcing the bearish sentiment. However, if BONK manages to break above this level, it could boost a more bullish bias and signal a potential upward move.
Memecoins turned out to be the saviors of a besieged cryptocurrency market Monday, as dogwifhat, Floki, and Bonk defied the broader market sell-offs to emerge as the biggest gainers. What Happened: A searing rally saw Solana (CRYPTO: SOL)-based WIF and BONK, along with Ethereum (CRYPTO: ETH)-based FLOKI, pump dramatically during the day, reversing the week-long corrective action.
Kai Cat Coin (KAI) wants to start a new era for cryptos—the time of the cat. For a long time now, coins based on dogs have dominated the meme coin space but KAI could change this in 2024.
Starting the week's trade on a bearish note, Bitcoin lost one of its important supports at $63,500, which caused the price to drop below $62,500. This move has caused the memecoin space to lose over 5% of its market cap as the trading volume soars by above 18% in the past 24 hours.
Avalanche, JasmyCoin, and meme coin BONK are our top cryptocurrencies to watch this week following notable performances last week as the market saw sustained declines.
BRETT holds a slight edge over BONK after a brief flip. Can things change again?
The memecoin ecosystem is capitulating with the price of Dogecoin (DOGE), Shiba Inu (SHIB), and other top tokens in a positive uptrend. With this visible recovery, it remains uncertain whether the sentiment has fully shifted for an ecosystem-wide resurgence.
Out of the 10 worst performing cryptocurrencies in the last week, three are meme coin majors. Dogwifhat (WIF), Floki (FLOKI) and Bonk (BONK) registered double-digit losses, while Shiba Inu (SHIB) and Dogecoin (DOGE) are also in the red.
The bearish cartel launches a fresh attack over the crypto space and drags the BTC price below $65,000 for the first time in the past 40 days. Meanwhile, memecoins like FLOKI, WIF, & BONK price near double-digit losses. Here's what to expect from these tokens by the end of the month.
Dog-themed meme coins surge compared to rivals as digital assets attempt a recovery. In the past 48 hours, crypto assets have notched a slight rebound across Bitcoin (BTC), altcoins, and meme coins.
