The crypto market is facing significant this week and the price of meme coins like Floki and Bonk are falling sharply today following a dire outlook from the Federal Reserve regarding inflation and the pace at which they plan to cut rates next year.

Some of crypto's best meme coins have been rocked by a sharp downturn, with tokens like Pepe, Bonk, and Floki suffering catastrophic losses. Hailed as the tokenized epitome of internet culture and speculative euphoria, holders of these tokens now wonder if there is much future in them.

The market cap of Solana meme coin Bonk (BONK) has dropped by $1.8 billion within the last 30 days. This drawdown came amid the token 34.11% price decrease.

Here is how some of your favorite assets concluded the week.

Solana meme tokens are still highly active, with five assets breaking the $1B market cap barrier. AI agents are also boosting Solana meme activity.

BONK finds itself under increasing selling pressure as its recent rally falters, raising concerns about the token's ability to sustain its upward momentum. Struggling to maintain its gains, the price has started a fresh drop toward the $0.00002962 key support level, indicating a possible bearish continuation.

On-chain data shows $45.73 million in BONK token outflows from exchanges during December 2024, coinciding with bullish technical patterns and a 5.65% price increase in the last 24 hours.

In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.

On-chain metrics reveal that exchanges have witnessed $45.73 million worth of BONK outflow.

Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:

One of the famous memecoins, Bonk is feeling the heat of market movements. Its recent performance has been shaky. Its failed attempts to pass the latest resistance has raised concerns if it is losing power. Is there any chance to recover? Is bonk preparing for a rally? Let's analyse the market and find out.

Bitcoin crashed nearly 10% below its all-time high of $104,088 to a low of $94,150 on Monday. The flash crash was short-lived, but it dragged down altcoins and meme coins like Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk.

The cryptocurrency market saw another decline on Dec. 10, 2024, with Bitcoin dropping below $95,000 for the second time in recent days, causing widespread liquidations.

Many larger-cap alts have marked substantial losses, but meme coins lead the pack.

Meme coins took a hard hit as Bitcoin plunged on Monday and liquidations surged, with Dogecoin and others still showing red.

Retail investors are flocking to memecoins, with Reddit data revealing PEPE (CRYPTO: PEPE) as the current frontrunner in capturing retail mindshare, according to a recent analysis of cryptocurrency subreddit growth trends. What Happened: The analysis, shared in a detailed thread on X on Dec. 5, highlights the importance of understanding retail investor psychology in the current market cycle.

If there is no fresh uptick in speculative activity, BONK could be stuck in range-bound consolidation.

It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.

Bonk has experienced a surge of 100.07% over the past month. Is the memecoin positioned for further pump?

The cryptocurrency market has shifted gears into full altcoin season, as evidenced by the CMC Altcoin Season Index hitting a near-record 85/100, signaling explosive interest in altcoins. With Bitcoin ($BTC) crossing the monumental $100,000 mark and Ethereum ($ETH) reclaiming $4,000, retail traders are diving headfirst into speculative assets like memecoins.

Recent trading activity indicates that BONK is maintaining stability at the critical $0.00004002 support level. This stabilization comes after a period of downward pressure, raising speculations of a rebound on the horizon.

New meme coin Catslap ($SLAP) starts trading on MEXC centralized exchange on Friday December 6 at 1pm UTC, only two weeks after launching on DEXs. $SLAP, the Slap-to-Earn clicker game marvel giving Popcat a run for its money, was priced at $0.0071 when the listing was announced at 11am UTC today.

Historically, December has been a strong month for the crypto market, and December 2024 could follow that trend, particularly for altcoins. BeInCrypto has identified key altcoins to watch as the year comes to a close.

Popular crypto analyst Altcoin Sherpa is warning that Ethereum (ETH) may have a steep correction in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 233,100 followers on the social media platform X that ETH/BTC could decline more than 35% from its current value. “ETH: I don't know if this bottoms until 0.

Dogecoin, Shiba Inu, and Bonk have formed bullish price patterns and are correcting from their respective resistance levels, creating potential buying opportunities.

Today, it seems that BONK's recent rut may be nearing its end as it finds itself well-positioned for its next leg up. The post Time to Load Up on Bonk? BONK Down 16% In 7 Days, Another Pump Coming? appeared first on Cryptonews.

BONK is facing mounting bearish pressure as technical indicators signal growing weakness in the market. After a brief attempt to stabilize, the token appears to be losing momentum dropping again toward the $0.00004002 for another test, with key metrics pointing to further downside.

The moving averages outlined and the Fibonacci levels would be the next support levels to watch.

The broader crypto market has slowed after massive surges in recent weeks saw Bitcoin (BTC) near $100,000. BTC's immense gains have stagnated, and its dominance has declined after reaching its peak recently.

BONK has skyrocketed by almost 100% in the last 30 days, putting the coin on the radar of crypto analysts everywhere.

Whales were net negative on Binance exchange after clearing their long BONK positions and taking profit.

Here is how some of your favorite assets concluded the week.

The Bitcoin price is consolidating just below the $100K milestone, which has shaken up the major altcoins. Meanwhile, the memecoin has remained stuck within a range as Dogecoin gains huge momentum.

In this weekly analysis of meme coins, BeInCrypto observed that these tokens experienced mixed results. While some tokens saw gains, others grappled with significant losses.

The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.

The memecoin market is abuzz with recent activity spurred by Bitcoin's (BTC) performance. Bitcoin is reaching its peak dominance, and investors are flocking to smaller projects in hopes of finding the next crypto unicorn.

BONK has achieved new all-time highs and reclaimed its position as the largest Solana-based memecoin following its Upbit KRW listing, with trading volumes exceeding $3.58 billion and market capitalization growing beyond $4.15 billion.

By 2024, the cryptocurrency market has seen the rise of a fully developed meme coin sector. Known for their high volatility, these assets offer the potential for massive returns — but they come with equally high risks.

On the back of some very bullish exchange listings, memecoins $PEPE, Dog Wif Hat ($WIF), and $BONK, have been flying high in recent days. However, after such explosive surges, is it now time for a comprehensive pull-back?

Bonk, the Solana-based meme coin, has surged 85%, attracting massive investor interest as it tests crucial support levels around $0.00002635, with traders closely monitoring its potential for further upward momentum. The post Bonk Surges 85% as Big Traders Pile In – Could This Be the Path to $1? appeared first on Cryptonews.

Meme coins are back in a big way. Dogecoin (DOGE) and Pepe Coin (PEPE) have surged nearly 100% in the past week, fueled by renewed interest in the broader crypto market.

BONK, WIF, and POPCAT are poised to surge higher as cryptocurrencies gain attention following the US presidential election.

BONK's Open Interest skyrocketed by 35%, indicating notable interest from traders.

Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.000085 by the end of 2024. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.

BONK token price rose 12% after listing on Binance.US, trading at $0.00003603 with increased volume as it approaches its previous all-time high of $0.00004704.

With a market cap of $2.894 billion, BONK is the 5th biggest meme currency in the crypto market. Currently, the BONK price is trading at $0.00003861, with a 19% surge in the past 24 hours. BONK prepares for a massive rally upside as the bull run in meme coins continues.

As Bitcoin (BTC) price rallied above $93k for the first time since its inception, it is now more than clear that the crypto bulls are in action.