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.
TL;DR $55M Investment with a 3-Year Lock-Up: Andreessen Horowitz has committed $55 million to LayerZero's ZRO tokens, locking in the funds for three years. Building on Past Success: This strategic investment builds on prior rounds in March 2022 and April 2023, reinforcing consistent confidence in LayerZero's innovative cross-chain communication protocol.
LayerZeros native token, ZRO, rallied on Thursday after leading venture capital firm Andreessen Horowitz (a16z) expanded its investment in the blockchain interoperability protocol. The a16z crypto arm purchased an additional $55 million worth of ZRO tokens with a 3-year lock-up period, according to general partner Ali Yahya.
A16z has invested $55M in LayerZero's ZRO token with a three-year lockup, signaling confidence even as crypto markets face volatility and trade pressure. The post VC Giant A16Z Pours $55M into LayerZero, Sending Native Token ZRO 10% Higher appeared first on Cryptonews.
Andreessen Horowitz invests $55 million in LayerZero tokens.
Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali Yahya, a general partner in the firm.A16z has made previous investments in LayerZero, including an initial investment in March 2022 and a subsequent investment during LayerZero's Series B funding round in April 2023.
Venture capital firm a16z Crypto has acquired an additional $55 million worth of LayerZero's native token, ZRO, according to an announcement on X.
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.
The A16z team intends to lock the acquired ZRO tokens for three years to ensure its market stability. ZRO price is well primed for a major bullish rebound if the wider crypto market rises in the near future. Andreessen Horowitz (a16z) has been a huge contributor to the success of the LayerZero (ZRO) omnichain protocol.
Interoperability protocol LayerZero's native token (ZRO) surged Thursday on news that venture capital firm Andreessen Horowitz's (a16z) crypto arm increased its investment in the project.
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.
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).
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.
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.
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.
BONK's decline is likely to extend as sentiment shifts.
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.
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.
Exchange Art will soon feature Bonk as a supported cryptocurrency among other changes.
Solana-based memecoin BONK has acquired Exchange Art, a digital marketplace for fine-art NFTs. The move brings new leadership to the platform, with artist J.T.
Solana memecoin Bonk Inu has completed the purchase of the multichain art marketplace Exchange Art. While the purchase is a surprise for community members, speculators have their eyes peeled on a potential rally for BONK price.
Wyoming is set to launch a stablecoin, marking the first fiat-backed token issued by a public entity in the U.S. The Wyoming Stable Token (WYST) is undergoing testing on various platforms, including Avalanche, Solana, and Ethereum.
Wyoming is preparing to launch its stablecoin on LayerZero, called the Wyoming Stable Token, possibly by July 2025. According to the official announcement on Mar.
Solana dog-coin BONK has seen a 35% price surge, catching the attention of the crypto market. At the time of writing, BONK was up 0.75% in the last 24 hours to $0.00001422 and up 35% weekly.
BONK is now poised for a 22% upside move, targeting the next resistance level at $0.000017.
Bonk (CRYPTO: BONK) has seen a 26% surge over the past week, prompting traders to anticipate a breakout. If key resistance levels are cleared, many believe a strong bullish run could follow.
Unlike most meme coins, the Bonk price rally took time before getting in shape. Once it did, the price surged higher and higher, setting the ATH at $0.00005916 by 2024 end.
The new week on the cryptocurrency market began with a fresh update from the world's largest exchange, Binance. It was mainly about meme coins.
The cryptocurrency market rose for the second week in a row, with meme coins and decentralized finance-based tokens powering the surge. What happened: Solana (CRYPTO: SOL)-based Fartcoin topped the gainers list with an astounding 83% rally over the previous week.
LayerZero has created history with its mind blowing hold over the world. The financial system was revolutionized when LayerZero started climbing the ladder.
BONK traders should expect an interesting turn of events soon.
Bonk (BONK) surges 5%, hitting $0.000011 with a $3.88M market cap and 14.4K holders. Will it break $0.000012 or face rejection? Traders are watching closely. The post Bonk Price Rallies 5% with $175 Million – Do Insiders Know Something? appeared first on Cryptonews.
Despite market volatility, Bonk (CRYPTO: BONK) continues to surge, prompting bullish sentiment from traders. What Happened: Prominent trader Unipcs describes Bonk as one of the best risk/reward opportunities in the current cycle.
BONK has been making waves in the meme coin space, but can it really reach $1 in the next 30 days?
Bitcoin edged higher on March 20, 2025 as an injection of optimism helped several altcoins higher. XRP, Uniswap (UNI), and Bonk (BONK) are all seeing notable gains, leading the top 100 by market cap. Meanwhile, BNB Chain tokens are also rising following Binance's vote-to-list announcement on Wednesday.
Meme coins are making waves again, with Pepe (CRYPTO: PEPE), Fartcoin (CRYPTO: FARTCOIN), and Bonk (CRYPTO: BONK) surging in value over the past week. Despite uncertainty in broader markets, these coins have defied the trend, attracting increased trading volume and investor interest.
Crypto prices bounced back on Friday as investors rotated back to risky assets amid rising recession risks. Bitcoin has moved to $84,000, while the market cap of all cryptocurrencies jumped to over $2.85 trillion. This article looks at some of the top trending crypto coins like LayerZero (ZRO), IOST (IOST), and Pi Network (PI).
BONK's trading volume fell by over 26%, making its price more unstable.
Bitcoin and most altcoins bounced back on Friday as investors bought the dip after a report showed that consumer confidence had slumped. Ripple (XRP) price jumped by 4%, while Chainlink (LINK), Bonk (BONK), and JasmyCoin (JASMY) rose by over 5%.
After BONK hit its lowest point since the launch of the token, a slight bullish reaction was observed, but caution is needed as price action unfolds.