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Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the key $47,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, but traded above the key $2,400 mark this morning.
TL;DR BONK's Sudden Crash: The popular meme coin BONK, associated with the Solana blockchain, has seen a nearly 11% drop in its value, puzzling investors and market watchers.
Looking at the daily chart, the price of BONK is currently facing the 50-day Simple Moving Average (SMA) as it attempts to rise back above the ascending trendline.
In the last day, the total value of all cryptocurrencies worldwide dropped by 0.7% to $1.8 trillion, as reported by CoinMarketCap (CMC). Meanwhile, the combined daily trading volume for digital currencies rose by 3.7%, reaching over $45 billion, according to CMC.
Immutable (IMX) and Bonk (BONK) take center stage as the global crypto market capitalization declines. According to data from CoinMarketCap (CMC), the global cryptocurrency market cap declined by 0.7% in the past 24 hours and is currently standing at $1.
BONK's value drops, partly due to a waning level of interest among its holders.
After trading positively over the weekend, the BONK price has recorded a negative start to this week by experiencing a correction of approximately 12% to its portfolio within the past 24 hours, further making it the top loser of the day. The BONK price traded in a closed range between $0.000013670 and $0.
The cryptocurrency market witnessed an impressive price surge in BONK, a popular meme token, reaching its highest level in the past month. This rally prompts speculation about potential price movements in other popular meme tokens such as Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE.
One of the newest meme coins in the cryptocurrency market, BONK, has recently enjoyed impressive price action, reaching an intra-month high.
With the Chinese Year of Dragon starting a bull run in the cryptocurrency market, an exodus of investors is turning their attention to the volatile market. With 65 days left for the Bitcoin Halving, the investors are starting to BUY and HODL for the next few months.
The Bitcoin market is experiencing rapid growth, with experts predicting it could hit the $50,000 mark by next week. This upward trend is also positively affecting altcoins, pushing them beyond their current resistance levels, even as the overall dominance of altcoins decreases sharply.
In a surprising turn of events, BONK, the self-proclaimed third biggest Doge-inspired meme coin, has roared back to life, notching an impressive 25% surge in the past 24 hours. This dramatic price jump catapulted BONK back into the coveted top 100 cryptocurrency rankings, reigniting hope among its investors and sparking curiosity within the wider crypto community.
Layer-2 token Immutable X, decentralized finance Pendle, and Solana's dog-themed coin Bonk were the best performers among the top 100 cryptocurrencies in the last 24 hours.
Bulls keep controlling the situation on the market, however, there are some exceptions.
Bonk (BONK), a dog coin on the Solana (SOL) blockchain, appears to be making an epic comeback, with trade volume increasing by more than 471% in the previous 24 hours.
In the last two days, the price of Solana meme coin Bonk (BONK) surged over 30%, supported by a significant rise in trading activity. This increase coincided with a broader recovery in the cryptocurrency market, including a brief rise in Bitcoin's price above the $48,000 mark.
Solana meme coin Bonk (BONK) price rallied more than 30% in the last two days, backed by a robust increase in trading volumes amid the broader crypto market recovery that saw Bitcoin briefly surpassing the $48,000 level. Why Bonk Price Rally May End Soon Bonk price has been moving range-bound along with profit booking in
Cryptos Headlines team is excited to share updates on the top Cryptos in the market with you. This information could be incredibly valuable for you, so be sure to give it a read as it may benefit you in the future.
The crypto prices today suggest that the top digital currencies registered gains as Bitcoin (BTC) surpassed the $47,000 mark. Whilst, Ethereum surged past the $2,500 level and registered a significant upswing.
After a month of silence, BONK is knocking on the door to re-enter crypto's TOP 100 by global market capitalization.
Bitcoin's uptick propelled token prices across the board including Bonk, as crypto's largest asset gained over 4% in a single day.
The Solana (SOL) memecoin Bonk (BONK) has seen a notable increase in its value, rising over 15% to reach a price point of $0.00001217 in the last 24-hours. This uptick in value marks a positive turn for BONK holders, despite a slight pullback from its peak.
Bonk (BONK), the Solana dog coin, appears to be making a comeback, rising 15% in the last 24 hours after a dip following its early 2024 price increase to $0.00001794.
The Ethereum price has broken through the $2400 resistance level, suggesting a possible rally towards $2700. Meanwhile, the RUNE price has surged by 43%, aiming for a return to $7.3 following a breakout from a bullish flag pattern.
