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The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion. With more than 50% of its market cap concentrated in Dogecoin's $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential.
If buyers can keep up the momentum, BONK could rally by 32% to the 1.618 Fibonacci level.
Bonk (BONK), the Solana meme coin with the second-highest market cap, has seen its volume hit $1 billion today. This milestone comes after BONK's price climbed by 43% within the last seven days.
Unipcs, the millionaire trader known as ‘BONK guy,' recently shared his journey and insights into meme coin trading, particularly his long-term position in Bonk (CRYPTO: BONK). What Happened: Unipcs elaborated on his approach in a post on X, holding BONK for 13 months and incurring $1.9 million in fees while also achieving major success trading Dogecoin (CRYPTO: DOGE).
With decreasing supply and increased community engagement in these initiatives, BONK's market value could significantly shift.
Solana network shows growth potential to surpass the Ethereum blockchain next year as the crypto bull run gains momentum. As it overtakes Ethereum in DEX trading volumes and other DeFi metrics, the Solana-based meme coins are ready to explode.
Meme mania appears to be back, brought on by a newfound crypto proponent -- Donald Trump.
The lack of significant buying volume recently meant that a reversal from the local highs was more likely than a breakout in the coming days.
The memecoin category has experienced a significant uptrend over the past few hours with many tokens recording a double-digit gain. Following this, the Bonk price broke its 6th consecutive red-day streak.
Memecoin could profit from its latest listing.
The cryptocurrency exchange Gemini, owned by the Winklevoss brothers, has just announced the listing of OP and the memecoins POPCAT and BONK.
Memecoin's latest bout of depreciation gave rise to many questions for traders.
BONK is trading in a consolidated range between $0.0000198-$0.0000241, showing bullish structure on higher timeframes despite slowing momentum and declining buying pressure.
A breakout beyond $0.0000241 could see a move to $0.0000339.
BONK analysis offers a comprehensive view of the present market dynamics and insights.
Popcat has hit a new all-time high, rising above popular meme coins like Bonk and Floki, fueled by a surge in its futures open interest. Popcat (POPCAT) rose 17.8% over the past day, exchanging hands at $1.66 when writing.
Popcat and Bonk's prices held steady as sentiment in the cryptocurrency industry waned, with Bitcoin falling to $66,500. Bonk (BONK), the first meme coin on the Solana (SOL) ecosystem, retreated for three consecutive days, reaching a low of $0.000022.
BONK price prediction plunged 3% during Wednesday's Asian market session to reach $0.000022 while the market cap fell by $1.63 billion. While this downtick follows a broader market pullback, crypto analysts hint at a major breakout from the multi-year pattern, suggesting investors are ‘Not Ready' for the potential rally.
Upbit is one of the more conservative exchanges when it comes to meme token listings. The next eligible asset may be FLOKI, based on its longer trading history.
Traditional memecoins like Shiba Inu, Dogecoin and Bonk have a major edge according to recent listing trends on Upbit, the biggest exchange in South Korea. DeSpread claims that the South Korean exchange has been cautious when it comes to listing memecoins taking into account only those that have been traded for a minimum of two years.
Bonk prepares for breakout, higher price potential with increasing liquidity.
Upbit has officially listed Solanas meme coin, BONK, for spot trading with the USDT pair, causing a 30% spike in trading volume and a 7% price increase within an hour of the announcement. Investors anticipate further price rallies as the coin forms a bullish golden cross.
South Korea's largest crypto exchange Upbit on Tuesday said it will list Solana meme coin Bonk today. Traders responded immediately as BONK price saw a sudden 7% jump after the announcement, extending the rally this month to over 35%.
Bonk saw renewed attention from investors as Bitcoin consolidated above the $68K spurring a broader rally in the meme coin market. Bonk (BONK) rose 5.
