Solana's BONK records an 11% price surge, kicking off October on a bullish note.
Bulls have returned to the Bonk (BONK) market today as the meme coin has triggered a strong upward rally. From its price to key metrics, BONK is witnessing a massive increase in multiple things, and the community is rejoicing in it.
Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains. What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.
On October 1, 2024, the popular Solana-based meme coin Bonk (BONK) made a headline as it topped the cryptocurrency market with its impressive performance. In the ongoing struggling cryptocurrency market, BONK has outperformed major cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and many others with a significant price surge of over 9.
As Bitcoin struggles with macroeconomic headwinds, $BONK, $BEAM, and $WIF rise as top performers in a volatile altcoin market.
While the crypto markets are losing all of the gains triggered by a weekend optimism spike, some large meme cryptocurrencies are outperforming all competitors. By contrast, two meme coin behemoths, SHIB and DOGE, are in the red today, together with other large caps.
After months of sideways movement, the crypto industry has finally entered the euphoria phase of the cycle. Bitcoin continues to slice through resistance, and altcoins are pumping as well. There seems to be a return in the memecoin niche as well, with Shiba Inu and BONK pumping massively.
Bonk shows strong bullish potential, poised for breakout and significant price surge.
BONK is currently facing turbulent waters as a sharp decline casts a shadow over its recent price performance. After a period of impressive gains, the recent downturn is raising concerns about an impending correction, with mounting selling pressure suggesting that the bullish momentum may be waning.
Since its presale launch, Cutoshi has generated hype as a unique meme coin. With Ethereum and Bonk eyeing its potential, investors wonder if Cutoshi could outpace them both.
BONK is emerging as a front-runner among memecoins, rapidly gaining traction in the market race.
Bonk's rally faces critical resistance, with rising market interest hinting at further upside potential.
In the last two days, the cryptocurrency market witnessed a renewed recovery momentum as Bitcoin price surged to $65000 for the first time since August. The bullish uplifted most major altcoins, including the Dog-themed meme coin BONK.
BONK price has been on a wild ride lately, catching the attention of traders with its rapid fluctuations. With momentum indicators flashing critical signals, the next move could be pivotal for those holding or watching the token.
Its been a very bullish week for Bonk (BONK), with the crypto having pumping up an impressive 16.4% according to TradingView.
Following a Transak development, both PEPE and BONK surged impressively, now closing in on a critical price range.
BONK has capitalized on the recent memecoin upside to experience a strong upward momentum over the past week.
The BONK/USD price chart for September 2024 shows that it is moving sideways, within a defined range between 0.00001577 and 0.00002196.
The proposed BONK ETP — potentially the first ever meme coin exchange-traded product — could bridge the gap between crypto investors and Wall Street.
This launch is an important first step toward creating the very first $BONK ETF. But what does all this mean, and why should you care?
Bonk Inu's ETP launch may drive price higher, signaling potential breakout.
After a brief pullback, BONK is showing signs of renewed strength as bullish momentum begins to build. The recent price action indicates that bulls have regained control, pushing the token out of its recent slump.
Osprey Funds is assisting the Solana meme coin team in launching the ETP in the US. The team has also announced plans to launch the ETP before the year ends.
Solana-based memecoin Bonk Inu (BONK) has launched an exchange-traded product (ETP) in the US. The team behind BONK disclosed the latest update at the Solana Breakpoint event in Singapore, noting the product would be Series 504 and 506 Trusts for institutional and retail investors.
The Solana meme coin BONK has caught the attention of crypto enthusiasts with a remarkable surge in recent months. Analysts are buzzing about the potential for a staggering 500% increase in October, especially following the announcement of BONK's exchange-traded product (ETP) launch in the U.S.
Bonk Inu (BONK), the popular Solana-based dog-themed meme coin, has recently marked a monumental stride within the global crypto landscape. Notably, the meme token announced the launch of a BONK exchange-traded product (ETP) in the U.S, emerging as the first-ever meme coin to achieve this feat.
The cryptocurrency market continued its recovery trend in the second half of September, driven by speculation surrounding the Fed rate cut, which has now dropped to 475-500 basis points (BPS). Amid these dynamic market shifts, the meme cryptocurrency sector presents an attractive opportunity for speculative traders.
Not everything is bleak in crypto! Blockchain entity BONK and Korean K9 Rescue (KK9R) have seen ten dogs adopted after setting the new GUINNESS WORLD RECORD for the “Most Dogs Walked Simultaneously by an Individual.”
Memecoins on the Solana (CRYPTO: SOL) blockchain rallied sharply on Thursday as the broader cryptocurrency regained momentum following the Federal Reserve's aggressive rate cut. What happened: Canine-inspired token dogwifhat popped 6.55% in the last 24 hours, emerging as the market's biggest gainer among memecoins exceeding billion-dollar valuation.
With the price volatility in the crypto market recording a new high, the Bitcoin price has successfully surpassed $63k with an intraday gain of 5.13%. Following this, the memecoin market cap crossed the $41 billion mark for the first time in about a month.
On the verge of a bearish breakdown, Bonk (BONK) holders are shifting their attention to Mega Dice (DICE), a new Telegram casino set to launch on Solana DEX Raydium on September 30.
What's next for BONK after hitting a roadblock at $0.000018?
As the price of Bitcoin (BTC) retests its important resistance level of $60,000, the crypto market has regained momentum over the past few hours. Moreover, the market has recorded a jump of 1.97% within the past day and is currently valued at $2.09 Trillion.
Holders of popular Solana meme coin Bonk ($BONK) are turning their attention to a new meme coin ICO after the low-utility meme coin posted notable depreciation recently.
BONK price attempted a recovery move this week, but as the $0.000017+ surge crumbled into a seismic dump, traders quietly snapped up a rival meme coin.
Despite brief moments of potential recovery, most of meme coins had a challenging week. Popular tokens like Bonk (BONK) and Pepe (PEPE) saw their prices drop by double digits.
The popular memecoin has done well enough, but can it do much better?
Bonk (BONK), the popular Solana-based meme coin, is defying the market trend and is poised for a massive price surge despite bearish sentiment. With an impressive 4% price surge, it has gained significant attention from the crypto community resulting in its open interest skyrocketing by 16% in the last 24 hours.
The Bonk (BONK) price dipped around 2% on Thursday, per data presented by TradingView, amid sluggish trading conditions across the broader cryptocurrency market, with some asking if now is a good time to buy the dip.
Binance Pay unveils a promotion offering users the chance to win up to 2,400,000 BONK for qualified purchases made this September.
BONK has respected the range extremes over the past month.
The market cap of the meme coin sector is down over 6% in the past 24 hours.
Crypto analyst Man of Bitcoin recently provided insights into Bonk's (BONK) trajectory using the Elliot Wave Theory. As part of his analysis, the analyst revealed how high the Solana meme coin could rise on its next leg up.
Bonk has experienced sustained gains over the past week surging by 18.77%.
Altcoins SATS, dogwifhat, FET, and Bonk have all surged over 10% over the past day to rank as the top gainers in the crypto market, as Bitcoin, the leading cryptocurrency by market cap, jumped over $64,000 in the same timeframe.
Dogecoin Rivals – Shiba Inu (SHIB), Floki, Pepe coin (PEPE), Dogwifhat (WIF), and BONK are set to attract investor interest as DOGE price has been stuck in a five-month correction. Despite the recent market rebound, Dogecoin price projects no clear sign of bottom formation, projecting the risk of further sell-off.
Veteran cryptocurrency trader Unipcs, who gained widespread attention for turning a modest $16,000 investment into over $18 million through a single trade involving the meme coin BONK, is now predicting a massive surge in the meme coin market.