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On October 1, 2024, the popular Solana-based meme coin Bonk (BONK) made a headline as it topped the cryptocurrency market with its impressive performance. In the ongoing struggling cryptocurrency market, BONK has outperformed major cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and many others with a significant price surge of over 9.
As Bitcoin struggles with macroeconomic headwinds, $BONK, $BEAM, and $WIF rise as top performers in a volatile altcoin market.
While the crypto markets are losing all of the gains triggered by a weekend optimism spike, some large meme cryptocurrencies are outperforming all competitors. By contrast, two meme coin behemoths, SHIB and DOGE, are in the red today, together with other large caps.
After months of sideways movement, the crypto industry has finally entered the euphoria phase of the cycle. Bitcoin continues to slice through resistance, and altcoins are pumping as well. There seems to be a return in the memecoin niche as well, with Shiba Inu and BONK pumping massively.
Bonk shows strong bullish potential, poised for breakout and significant price surge.
BONK is currently facing turbulent waters as a sharp decline casts a shadow over its recent price performance. After a period of impressive gains, the recent downturn is raising concerns about an impending correction, with mounting selling pressure suggesting that the bullish momentum may be waning.
Since its presale launch, Cutoshi has generated hype as a unique meme coin. With Ethereum and Bonk eyeing its potential, investors wonder if Cutoshi could outpace them both.
BONK is emerging as a front-runner among memecoins, rapidly gaining traction in the market race.
Bonk's rally faces critical resistance, with rising market interest hinting at further upside potential.
In the last two days, the cryptocurrency market witnessed a renewed recovery momentum as Bitcoin price surged to $65000 for the first time since August. The bullish uplifted most major altcoins, including the Dog-themed meme coin BONK.
BONK price has been on a wild ride lately, catching the attention of traders with its rapid fluctuations. With momentum indicators flashing critical signals, the next move could be pivotal for those holding or watching the token.
Its been a very bullish week for Bonk (BONK), with the crypto having pumping up an impressive 16.4% according to TradingView.
Following a Transak development, both PEPE and BONK surged impressively, now closing in on a critical price range.
BONK has capitalized on the recent memecoin upside to experience a strong upward momentum over the past week.
The BONK/USD price chart for September 2024 shows that it is moving sideways, within a defined range between 0.00001577 and 0.00002196.
The proposed BONK ETP — potentially the first ever meme coin exchange-traded product — could bridge the gap between crypto investors and Wall Street.
This launch is an important first step toward creating the very first $BONK ETF. But what does all this mean, and why should you care?
Bonk Inu's ETP launch may drive price higher, signaling potential breakout.
After a brief pullback, BONK is showing signs of renewed strength as bullish momentum begins to build. The recent price action indicates that bulls have regained control, pushing the token out of its recent slump.
Osprey Funds is assisting the Solana meme coin team in launching the ETP in the US. The team has also announced plans to launch the ETP before the year ends.
Solana-based memecoin Bonk Inu (BONK) has launched an exchange-traded product (ETP) in the US. The team behind BONK disclosed the latest update at the Solana Breakpoint event in Singapore, noting the product would be Series 504 and 506 Trusts for institutional and retail investors.
The Solana meme coin BONK has caught the attention of crypto enthusiasts with a remarkable surge in recent months. Analysts are buzzing about the potential for a staggering 500% increase in October, especially following the announcement of BONK's exchange-traded product (ETP) launch in the U.S.
Bonk Inu (BONK), the popular Solana-based dog-themed meme coin, has recently marked a monumental stride within the global crypto landscape. Notably, the meme token announced the launch of a BONK exchange-traded product (ETP) in the U.S, emerging as the first-ever meme coin to achieve this feat.
The cryptocurrency market continued its recovery trend in the second half of September, driven by speculation surrounding the Fed rate cut, which has now dropped to 475-500 basis points (BPS). Amid these dynamic market shifts, the meme cryptocurrency sector presents an attractive opportunity for speculative traders.
