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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.
Developed in collaboration with Octo Gaming and Paris Musketeers, BONKrun invites players to join BaoBao. Octo Gaming's expertise in mobile game development has enriched the game with smooth animations and vibrant visuals.
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.
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.
