Memes have followed the overall resurgence of the cryptocurrency market.
Fartcoin, a meme token built on the Solana blockchain, has surged past Bonk to become the second-largest meme coin on the network.
Popcat (CRYPTO: POPCAT) and Bonk (CRYPTO: BONK) are benefiting from Fartcoin (CRYPTO: FARTCOIN) crossing the $1 milestone, with traders speculating they might mirror the latter's rally. What Happened: Popcat and Bonk are up 25% and 9%, respectively, on the day.
Solana meme coin Fartcoin has broken into the top five meme coins by market cap, after climbing 21% over the past 24 hours.
Fartcoin has just flipped Bonk to become the second-largest Solana memecoin by market cap, following a 15% rally that pushed its market cap above the $1 billion mark.
Bonk (BONK), one of the more energetic players in the meme coin space, is showing signs of a potentially explosive move as it coils tighter within a symmetrical triangle pattern. This classic chart formation, characterized by converging trendlines of lower highs and higher lows, often acts as a pressure booster for price action — the longer the squeeze, the more powerful the breakout tends to be.
According to Wifi Dabba CEO and founder Karam Lakshman, India's rapid digital growth has outpaced its broadband infrastructure, leaving hundreds of millions without stable access. He believes decentralized networks may offer a way to bridge that gap, using global capital, local deployment partners, and tokenized incentives to scale internet access cost-efficiently.
BONK's descending channel highlighted the bearish trend and the attempted consolidation around the 2024 low.
BONK is trading at a key high time frame support level while showing signs of a potential trend reversal.
Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.00035 by the end of 2025. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.
The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts.
Yesterday, MANTRA (OM) suffered a staggering 90% crash, and it's still spiraling down today. Most notably, OM charts and indicators seem as bad as the 2022 Terra LUNA collapse, if not worse.
BONK could be ready for another leg up.
A closely followed crypto analyst believes one meme token operating on Solana (SOL) is in the early stages of a market recovery. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that he's bullish on the memecoin Bonk (BONK).
If you lost crypto due to the Terra collapse, there's still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal.
FARTCOIN is gaining momentum, potentially reshuffling the Solana memecoin leaderboard.
As the net capitalization of the cryptocurrency segment is growing, meme coin holders benefit. Bonk (BONK) is attempting to blast past the $1 billion cap yet again while Pengu (PENGU) and Dogwifhat (WIF) meme coins are also posting double-digit gains overnight.
U.S. prosecutors confirmed that a recent Department of Justice (DOJ) memo narrowing crypto-related enforcement will not impact the criminal case against Do Kwon, co-founder and former CEO of Terraform Labs. During a Thursday hearing in the Southern District of New York, Judge Paul Engelmayer asked if Deputy Attorney General Todd Blanches internal memo would affect charges against Kwon.
Prosecutors said they have no plans to alter the charges against Do Kwon despite a policy shift memo from deputy attorney general.
Prosecutors told a New York judge on Thursday that they don't plan to change the charges against Kwon in light of the memo.
With just one day left, April 10 is shaping up to be a crucial date for Terra Classic (LUNC) and TerraClassicUSD (USTC) investors. This is when Terra co-founder Do Kwon will appear for a conference hearing that could influence the ongoing legal proceedings tied to the 2022 Terra crash.
Bonk (BONK), the popular Solana-based meme coin, is on the verge of a massive price crash. This bearish outlook emerges during a period when major cryptocurrencies are experiencing massive sell-offs and price crashes.
Altcoin prices bounced back as some investors bought the dip following the recent crypto Black Monday, when most of them crashed.
The realized cap helps highlight BONK's investor losses, and plummeting on-chain activity gives little hope of recovery.
The cryptocurrency market experienced significant volatility late Wednesday and early Thursday. As such, several altcoins, including Hyperliquid, Berachain, and Bonk, crashed by double digits. Furthermore, Bitcoin (BTC) gave up gains from above $88k. Notably, markets remained jittery after US President Donald Trump's “Liberation Day” announcement. The global market cap has dipped 3% to $2.
Bonk (CRYPTO: BONK) is up 5% on Wednesday, with traders anticipating the rally to continue further. Cryptocurrency Price Gains +/- Bonk (CRYPTO: BONK) $0.00001259 +4.7% Dogecoin (CRYPTO: DOGE) $0.1759 +1.1% Shiba Inu (CRYPTO: SHIB) $0.00001281 -1.3% What Happened: Crypto trader Cold Blooded Shiller pointed out that BONK has experienced a massive sweep of the lows, testing a historically significant level.
On-chain records showcase a massive burn of Terra system's native tokens, sparking rebound hopes for LUNC holders.
Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests.
The crypto market crawled back slightly on April 1 as investors bought the dip after a brutal quarter in which Bitcoin and Ethereum dropped by 12% and 45%, respectively.
Terraform Labs will launch a Crypto Loss Claims Portal on March 31, 2025, enabling investors impacted by the 2022 collapse of terrausd (UST) and associated cryptocurrencies to seek compensation.
BONK's decline is likely to extend as sentiment shifts.
Managed by administrators at New York-based Kroll, the portal will open on Monday, March 31 and close on April 30.
Terraform Labs, the company behind the collapsed Luna token and TerraUSD stablecoin, is launching an online claims portal on March 31. The portalclaims.terra.moneywill allow eligible investors to file for compensation tied to the companys 2022 downfall and ongoing bankruptcy process.
The crypto investment giant Galaxy Digital has settled with the New York State Attorney General for $200 million after facing allegations that it illegally propped up the ill-fated LUNA token.
Creditors must file claims by April 30, 2025, to seek potential recovery.
As cryptocurrency market keeps losing value, the meme coin segment is under pressure. Bonk (BONK), a large-cap dog coin, is amid the worst performers today in the top 100.
Nonoperational blockchain firm Terraform Labs confirmed opening its crypto loss claims portal on 31 March. That comes after the company filed for insolvency in January 2024. It applied for Chapter 11 bankruptcy after its $40 billion empire fell in 2022. As part of its closure, Terraform Labs introduced a crypto loss claims portal.
Trump is shaking things up in crypto again! This time, he's handing out pardons, and the latest beneficiaries are BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The trio had pleaded guilty to breaking banking laws, but Trump's move wipes their records clean.
The claims process requires proof of ownership, with on-chain verification preferred over manual submissions to avoid delays or rejections.
The New York Attorney General and Galaxy Digital have agreed to a settlement over the firm's handling of LUNA before its 2022 collapse.
Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.
Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware court's approval for Terraform Labs to wind down operations.
Terraform Labs will open its claims portal for crypto creditors on March 31, 2025, allowing individuals impacted by its bankruptcy to submit claims. The portal will help those who suffered losses due to the collapse of TerraUSD and other cryptocurrencies related to Terraform Labs' operations.
The New York Attorney General (AG) office has commenced an investigation on Galaxy Digital with a settlement of $200 million over its involvement in the LUNA cryptocurrency. The crypto crashed alongside Terra Blockchain powered by Terraform Labs and led to the erasure of over $40 billion in investor funds.
Terraform Labs' Crypto Loss Claims Portal opens on March 31, 2025, and closes on April 30, 2025. Creditors must submit proof of ownership; manual evidence may slow review or risk rejection.
Sunsetting its operations after getting slapped with a $4.47B fine, TerraForm is getting ready to reimburse investors.
Terraform Labs' crypto claims portal will open on March 31 nearly three after Terra's $40 billion ecosystem collapsed.
Galaxy Digital faces a $200M fine for manipulating Luna's market, highlighting deceptive practices and raising concerns about transparency and accountability in the cryptocurrency industry. The post Galaxy Digital Fined $200M for Luna Manipulation and Fraud appeared first on Cryptonews.