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Solana meme coins continue sideways trading with bulls attempting a major price recovery. The last 24 hours have seen several crypto assets lose value while others posted slight gains.
BONK price will likely witness a bearish outcome as the meme coin craze is seemingly ending.
Here's how BONK's next price movement may play out, thanks to
June has kicked off an impressive rally for meme coins, with several popular ones drawing significant buyer interest, leading to massive price increases. A notable event was the return of Keith Gill, better known as “Roaring Kitty,” who sparked a surge in GME memecoin prices.
The cryptocurrency landscape is exciting as Solana-based meme coins show potential for exponential growth. Dogwifhat and Bonk have gained traction, but Myro (MYRO), Jeo Boden (BODEN), and Book of Memes (BOME) stand out.
$10 invested in these obscure and inexpensive 100X cryptos is a low-risk strategy worth pursuing that can yield huge returns.
United States Securities and Exchange Commission (SEC) chairman Gary Gensler has commented on whether his agency will give the nod to other crypto exchange-traded funds (ETFs), after recently making the decision to approve a slew of ETFs that give investors access to Ethereum (ETH).
United States Securities and Exchange Commission (SEC) Chair Gary Gensler once again criticized the crypto industry on live television, but this time, he used noticeably softer language when discussing the potential for future crypto ETFs.
Cramer rattled off a list of tokens, such as Polkadot, Cardano, Bonk, Osmosis, SushiSwap & asked Gensler whether there should be ETFs for these cryptocurrencies
It is highly likely that BONK would soon set new ATHs.
The CNBC host said Bonk is “a natural” inclusion in the emerging crypto ETF pantheon.
SEC Chair Gary Gensler took a less hostile approach to crypto in a new interview following Ethereum ETF approvals—and was asked what's next.
In a remarkable turn of events, Bonk (BONK), a meme coin operating on the Solana blockchain, has captured the market's attention with a substantial surge in its trading volume. According to the latest data, Bonk's 24-hour trading volume has spiked by 64%, reaching a remarkable $701.83 million.
Leading meme coin Bonk (BONK) has continued to trend within an ascending channel despite the recent growth in bearish bias towards it.
With the bull run taking shape in the crypto market, the meme coins are spearheading the massive jumps. The BONK, SHIB, and FLOKI coins perform overnight jumps and sustain the momentum today. With FLOKI trading at all-time high levels, the upside potential in SHIB and BONK attracts additional demand.
Traders are increasingly bullish on Bonk (CRYPTO: BONK) following its listing on the CF Index. What Happened: Bonk has been included in the CF Broad Cap Index alongside cryptocurrencies like Pepe, Fetch.ai and Sei.
Over the weekend, Based Brett became the first meme coin on Base to reach a $1 billion market capitalization.
While the top tokens like Bitcoin, Ethereum, Ripple, Cardano, etc have been stuck within a narrow range, memecoins continue to attract traders' attention. The initial bull run of 2024 was ignited by the PEPE price rally which FLOKI, BONK, WIF, etc later followed.
The meme coin ecosystem is blowing up amid a broader recovery in the digital currency ecosystem. The meme coin market has soared by approximately 2.39% in 24 hours to $64,365,653,712.
The meme coin market is back in the spotlight, and BONK is no exception. The dog-themed token has seen a price surge of over 40% in the last month, mirroring a broader trend among its rival meme coins.
Meme coins have carved out a unique niche within the cryptocurrency world, blending humor, community engagement, and financial opportunity. Notable Solana-based meme coins like Bonk (BONK) and Dogwifhat (WIF) have experienced impressive price surges since their respective launches, captivating investors.
BONK's price is no stranger to volatile moves, as the meme coin managed to chart a new all-time high and attempted to chart another.
The broader sentiment around the tokens was bearish but not all indicators align with that viewpoint.
The market dynamics appear to have changed as the meme coins's strength has waned to some extent. These fluctuations have occurred very frequently in recent times, indicating the tokens have become more volatile. This could keep the trader's attention over the memecoins, which may prevent them from extending their descending trend.
