BONK, the vibrant meme coin, is encountering a price correction after a strong bullish run, raising questions about the future of its uptrend. While natural after a surge, the pullback has prompted speculation on whether bulls can regain control and steer the coin back toward its recent highs.
The memecoin market has experienced a strong bullish reversal as Bitcoin price today successfully holds its value above the $100k mark. While top meme coins like DOGE price and SHIB price experience stable growth, the Bonk memecoin has recorded double-digit growth.
Prominent crypto trader Unipcs has argued that Solana (CRYPTO: SOL) flipping Ethereum (CRYPTO: ETH) this cycle is a real possibility, citing metrics and momentum as reasons for his thesis. What Happened: Unipcs contends that Solana has outperformed Ethereum in transaction volume and on-chain activity, positioning itself as a leader in blockchain adoption.
The BONK price movements have brought it close to a critical support level, and its reaction could make or break its price trajectory from there. A detailed technical analysis on the TradingView platform suggests that the cryptocurrency's current setup could lead to either a bullish breakout to retest its all-time high at $0.00005825 or a further decline below $0.00001497, depending on how price action unfolds in the coming days.
By leveraging the Optimism Superchain, Soneium aims to provide an accessible, reliable, and open system that caters to user needs while contributing to the broader blockchain ecosystem.
Major coin holders are turning their attention to Catzilla, a rising meme coin that's sparking curiosity and speculation about its potential in the crypto world. #partnercontent
The PENGU meme coin, currently in a tight race with Bonk (BONK), has crossed a $2 billion market cap, but its ADX and RSI indicators show mixed signals.
BONK could soar by 30% to reach the $0.000035 if it holds the $0.000025 level.
Na een vrij treurige periode waarbij Bitcoin zelfs even onder de $90.000 handelde, zijn verschillende bekende crypto's weer omhoog aan het klimmen. Hoe staat het ervoor en welke crypto kunnen we vandaag het beste kopen?
PENGU price has surged more than 9% in the last 24 hours, reclaiming the $2 billion market cap threshold. This rally solidifies its position as the second-largest meme coin on Solana, trailing BONK closely in a fierce competition for the top spot.
Solana (SOL) is deze ochtend weer aan het klimmen, ondanks een sterke toename in bearish druk. De koers is in een week tijd met 20% gedaald, maar is vandaag weer 3,4% omhoog geschoten naar $186,70.
As Bitcoin (BTC) hits its lowest level since mid-November, major meme cryptocurrencies are on the list of the worst performers in the last 24 hours. Meanwhile, the liquidation tsunami erased over half a billion in crypto positions.
De Dogecoin koers handelt rond de $0,32 en lijkt zich te stabiliseren, terwijl de markt in afwachting is van de inauguratie van Trump op 20 januari. Met de geruchtenmolen op volle toeren en een toename in openstaande posities groeit de kans op een koersbeweging.
In de afgelopen weken heeft Solana kracht laten zien waarbij het boven een aantal belangrijke support niveaus wist te blijven. In de afgelopen 24 uur is echter een lichte daling ingezet, maar technische indicatoren wijzen op een mogelijk opwaarts momentum.
The Chaikin Money Flow is in the negative region suggesting BONK is in a distribution phase.
For those who believe in a continuance of the crypto bull market, and specifically as it pertains to memecoins, some of the crowd favourites (DOGE), (PEPE), and (BONK), are down at major support levels. Is now the time to buy?
Bonk has dived by 14% in the past 24 hours, falling to $0.00002959 as the crypto market drops by 8% in response to positive US economic data. The post Why Is BONK Crashing? Major Losses Hit Meme Coins as Bitcoin Drops Below $100K appeared first on Cryptonews.
As Bitcoin (BTC) fails to hold above $100,000 for the fifth consecutive try, the cryptocurrency market plunged by 8.3% in a few hours. Here's why meme coins suffer the most while some of them are already back to surging.
Dogecoin is facing a tough day, having dropped almost 10% in the last 24 hours.
PENGU price has dropped roughly 10% in the last 24 hours after becoming Solana's biggest meme coin. Despite its recent popularity, the asset's momentum has slowed, with technical indicators suggesting potential consolidation or further downside.
Influential millionaire trader Unipcs has shared strategies for building conviction and navigating extreme volatility in meme coin trades. What Happened: Recapping an interview with crypto exchange Bybit on Jan. 7, Unipcs emphasized that meme coins rarely rise in a linear fashion; instead, they experience cyclical patterns of sharp pumps and deep corrections.
BONK, the popular Solana-based meme coin, is poised for a massive rally as its price action, recent market sentiment, and continuous token accumulation support its bullish outlook. As of today, January 7, 2024, BONK, with all this bullish momentum, has outperformed major meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and others.
As Bitcoin (BTC), the largest cryptocurrency, is making another attempt to conquer the $100,000 level, dozens of altcoins are losing their value. Popular meme cryptocurrencies are on the list of the worst performers, yet some new cryptos in this sphere have entered the top 100.
PENGU's surge highlights the volatile nature of crypto markets and the potential impact of speculative partnerships on asset valuations. The post Pudgy Penguins' PENGU token soars 26%, flips OP in market cap appeared first on Crypto Briefing.
As the cryptocurrency segment is recovering from the mediocre start of 2025, the largest meme coins are yet again in the spotlight. Their sentiment inspires double-digit rallies that can only compete with mid-cap altcoins with solid tech accomplishments.
One of the most renowned dog-themed meme coins, BONK, again emerged on crypto traders' and investors' radars on Saturday as it witnessed remarkable price gains against the backdrop of renewed market interest. Notably, BONK price soared roughly 15% intraday, primarily attributable to highly bullish market dynamics.
Cryptocurrency prices today show strong bullish momentum, with Bitcoin rallying to $98K from $92K in a single surge as it marks its 16th anniversary. Internet Computer (ICP) and EOS emerged as top gainers, each recording a 15% price jump over the last 24 hours.
BONK is positioned to benefit from the next bull run as the asset is in an accumulation phase.
For meme coin projects, 2024 was a year of tremendous volatility, characterized by sharp declines, quick expansion, and well-publicized scandals.
AI16Z has achieved a $2.581 billion market cap and set a new benchmark for AI-powered tokens on Solana.
The memecoin niche is almost the forgotten sector as most are down 50% and more from the highs. However, Pepe ($PEPE) looks to be staging a breakout, while Dogecoin ($DOGE) and Bonk ($BONK) bulls are attempting to turn their fortunes around.
Optimism (OP) is showing promising signs of a significant price surge, driven by increased accumulation from large investors and favorable technical indicators. With the market aligning for upward momentum, OP could potentially reach $2.60 in the near future.
OP may witness a price surge as the market appears to align for upward momentum.
TL;DR The crypto market is set for significant token unlocks next week, including SUI, Optimism, Ethena, and more, with a total value exceeding $832 million. SUI will lead the releases with 64.19 million tokens valued at $263.20 million, followed by Optimism with 31.34 million tokens worth $58.30 million, among other notable projects.
The latest round of token unlocks, scheduled for the week between December 30 and January 5, is valued at more than $832 million. Sui (SUI) leads the cliff unlocks with a release worth $263.20 million, while Worldcoin (WLD) continues to lead linear unlocks at $80.41 million.
Bonk has retaken its position as Solana's leading meme coin, reaching a market capitalization of $2.5 billion. The recent surge was after a community-driven token burn and price increase.
The cryptocurrency market continues to experience heightened investor interest and activity as more of these digital assets get integrated into the global financial and technology sectors. From being seen as the future, cryptos are now a reality and more savvy investors want a piece of the over $3 trillion pie.
BONK's price rebounded following the burn of 1.69 trillion tokens, with the reduced supply boosting its value.
The memecoin BONK, hyped for its dog-themed nature, has hit a rough patch. Even after the big token burn event on December 26—where 1.69 trillion tokens worth $51 million were burned—the price still dropped by 7.2%.
Bonk was expected to take center stage on Christmas Day with a promised 1.69 trillion BONK token burn, but delays left community members outraged and a potential 50% rally in question. The post Holders Turn on BONK After ‘BURNmas' Flop – Can BONK Price Rally 50% Again? appeared first on Cryptonews.
The Bonk (BONK) token experienced a 7.2% decline in price following the recent token-burning event, which successfully removed 1.69 trillion BONK tokens.
Optimism is a popular Layer 2 scaling solution for Ethereum.
Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK's entire supply, amounting to 1.
Binance support for Optimism network upgrade aims to improve performance and user experience. On Jan. 10, 2025, at 2:00 (UTC+8), Binance announced its support for the Optimism (OP) network upgrade and hard fork.
BONK, one of Solana's popular meme tokens, is trading at $0.000031, close to its one-month low. This marks a significant drop from its November 22 peak of $0.000053. Open interest in BONK has also fallen to $8.32 million, the lowest in three months, as traders shift their focus to other assets.
The Bonk team initially promised to execute the burn on Christmas Day, but didn't get around to it until a day later on Dec. 26.
The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token's rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days.
Optimism (OP) has been steadily making its mark as a leading Layer-2 scaling solution for Ethereum. Ethereum, known for its decentralized applications and smart contracts, has faced significant challenges with scalability and high transaction fees.