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As the crypto market bounces back, with the Bitcoin price surpassing the $65,000 barrier overnight, the meme coins seem slightly under the weather. Under a healthy correction, they are awaiting their next massive jump. The meme coins could skyrocket soon, with the altcoins siphoning additional bullish momentum from the recovering market.
The recent market surge sees memecoins like PEPE and FLOKI outperforming giants Bitcoin and Ethereum.
Meme coins have become a cultural sensation and a distinct investment chance within the world of cryptocurrency. In this group, Floki Inu (FLOKI) and Bonk (BONK) are examples representing the playful nature of online culture and are making names for themselves in the world of digital assets.
BOME has seen renewed inflows on the back of the positive United States Consumer Price Index (CPI) which has flipped market sentiments. The wider crypto market has seen renewed flows with Bitcoin hitting $66,000.
Bonk, a meme coin in the Solana ecosystem made a sudden move in the early hours of Thursday, its listing on South Korea's leading exchange Bithumb. The token trading at $0.00002532, boasts a 7% surge in value in 24 hours hours.
In a significant boost for Bonk (BONK), Bithumb, South Korea's second-largest crypto exchange, has announced its listing on the Korean won market. Trading for BONK, the first dog-themed cryptocurrency on the Solana network, will commence at 5:00 p.m.
In a significant development for the cryptocurrency market, Bonk (BONK) has seen a remarkable 7% price jump following the announcement of its listing on Bithumb, the second-largest cryptocurrency exchange in South Korea. According to the official announcement, Bithumb will launch Bonk (BONK) and Zeta Chain (ZETA) in the Korean won market on May 16.
While not all cryptocurrencies are equally risky, these are three cryptos to avoid as the SEC and CFTC crack down on exchanges this year.
Meme coins are breathing life into the extremely mundane cryptocurrency market. PEPE, a leading token in this category of cryptos, is steering the rocket ship to the moon, exploding to a new all-time high earlier on Tuesday.
Dogecoin (DOGE) , The Top 1 meme coin crypto is consolidating its potential despite having the biggest meme sector marketcap of 21 billion.
Binance completes integration of Wrapped BTC (WBTC) on Kava EVM and Bonk (BONK) on BNB Smart Chain, facilitating deposits and withdrawals.
Meme cryptocurrencies are surging on increased trading volume, while digital assets are recovering from a choppy weekend. Pepe (PEPE), one of the most popular meme coins on Ethereum (ETH) and Arbitrum (ARB), almost reached double-digit gains.
BONK's price has been facing minimal support from the market and investors even when other altcoins are charting rallies.
The index initially contains PEPE, FLOKI, WIF, BONK, DOGE, and SHIB.
BONK and FLOKI see slight price upticks, but the price decline might begin again soon.
Here is how some of your favorite assets concluded the week.
With seven-digit long liquidations, meme cryptocurrencies are yet again among the worst sufferers of the cryptocurrency market drop. The segment's net valuation might dip below $50 billion while all majors are doing worse than the market benchmark.
Crypto trader Unipics, also known as “Bonk Guy,” shared his bullish outlook on Bonk (CRYPTO: BONK), forecasting an imminent explosive rally. What Happened: “Bonk guy” attributes BONK's recent weakness, particularly on weekends, to the ongoing vesting of tokens to OpenBook users.
In this article we explore two cryptos that are making headlines: the altcoins Velo Protocol (VELO) and Baby Bonk (BABYBONK).
With little demand and enthusiasm in the markets, BONK could continue its short-term range.
VanEck MEMECOIN index tracks six top meme coins, including Shiba Inu, Dogecoin, Dogwifhat, Bonk, Pepe, and Floki.
The VanEck's MarketVector Meme Coin Index tracks top six meme coins of the respective sector, with an 89% weightage of the entire meme coin sector.
MarketVector has launched a Meme Coin Index that might make a massive difference for future rallies on the meme coin market. This index comprises popular meme coins like Dogecoin, Shiba Inu, Pepe, dogwifhat, Floki Inu and BONK.
VanEck, a New York-based asset management giant, has launched a new financial index. Dubbed the MarketVector Meme Coin Index (MEMECOIN), this index tracks the largest meme coins.
