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.

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.

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.

Cryptocurrencies endured a bloodbath over the past day as digital assets plunged following hotter-than-anticipated US labor market data. Most tokens erased their last week's gains following sudden double-digit price dips. Near lost 14% within the past day to trade at $5.13 and appears poised for more pain ahead.

The cryptocurrency market has always been volatile, but recent signals suggest that NEAR Protocol might be heading into a particularly challenging phase. After enjoying a brief rally that delivered a 17% gain last week, NEAR's upward momentum appears to have fizzled out.

Dogecoin is facing a tough day, having dropped almost 10% in the last 24 hours.

Market conditions suggest a bearish outlook for NEAR.

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.

AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.

Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.

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.

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.

NEAR Protocol [NEAR] has started the new year on a high note, with a 10.42% gain in the past 24 hours. This marks its first significant uptick after a challenging December, during which it lost nearly 26% of its value.

NEAR Protocol's price trajectory hints at a short-term rally, but its outlook remains uncertain.

AI16Z has achieved a $2.581 billion market cap and set a new benchmark for AI-powered tokens on Solana.

Are you trying to figure out which altcoins could make a difference in your portfolio this week? The crypto market is packed with opportunities, but knowing where to look is key. With innovation driving fresh projects forward, there's always something worth considering if you want to make smart investment choices.

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.

FTX, the defunct crypto exchange, will start paying its creditors early next year, capping a process going on since 2022. These payouts may lead to upside in the cryptocurrency industry as recipients buy more coins.

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.

NEAR is currently on a downtrend, but may soon show signs of recovery.

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.

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.

Bonk DAO voted in favor of another decrease in the token's supply. The community gathered 1.69T tokens, which were burnt from the DAO's multi-sig wallet.

The Bonk Decentralized Autonomous Organization (DAO) has carried out the much-anticipated token burn, burning over a trillion BONK tokens. This provides a bullish outlook for the top Solana meme coin, although its price has yet to react to this development.

Despite the token burn, BONK struggles with resistance and bearish market sentiment, limiting potential gains.

In late November, the developing team behind the popular Solana-based meme coin coin BONK proposed to burn 1 trillion tokens that the community would contribute during an event named BURNmas. On Wednesday, they announced that they have surpassed that target and will now be burning a total of 1.

Pudgy Penguins (PENGU) price has surged 12% in the last 24 hours, surpassing BONK to become the largest meme coin in the Solana ecosystem with a market cap of approximately $2.5 billion.

The Solana-based meme coin BONK is preparing for a burn of 1.69 trillion tokens, valued at approximately $55 million. This is following its successful BURNmas campaign.

BonkDAO's “BURNmas” event plans to burn 1.69 trillion BONK tokens worth $54 million, reducing the total supply by 1.8%.

The broader Solana meme coin market surged to $18.2 billion, representing a 10.3% increase over the last day, driven by PENGU's performance.

A $54.52 million worth of token burn is the goal of this Solana meme community-driven project to increase BONK's demand in the crypto market.

WhiteBIT, a leading European cryptocurrency exchange has significantly expanded its collateral offerings by adding 60 new cryptocurrencies. This raised the total number of collateral assets supported to over 80 and added more versatility to the trading platform.