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news-imageDecember 21, 2024

Bonk Rockets 30% to Lead Dog Meme Rebound; Floki Termed 'Utility Token' by CFTC

Memecoins are known for their high volatility and tend to outperform major tokens during price rallies, serving as a leveraged bet
Publisher: Coindesk
Sentiment: Positive
BONK
FLOKI

More News Articles

Positive
cover-imageBenzinga
January 30, 2025

Can Bonk Mirror Shiba Inu's Explosive Growth From Last Cycle?

Solana's (CRYPTO: SOL) leading meme coin, Bonk (CRYPTO: BONK), has seen a price dip, but traders continue to emphasize its strong fundamentals and potential for a major rally. What Happened: Crypto trader Unipcs argued on Thursday on X that there's no reason to be bearish on BONK at current levels, citing multiple bullish catalysts.

Positive
cover-imageBenzinga
January 21, 2025

Bonk Rallies 10% Following Bonk, Dogecoin, Trump Meme Coin ETF Filing

Bonk (CRYPTO: BONK) is rallying following a first filing for a Bonk ETF. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003417 $2.6 billion +10.5% +25% OFFICIAL TRUMP (CRYPTO: TRUMP) $42.39 $8.5 billion +6% +552.5% Dogecoin (CRYPTO: DOGE) $0.3832 $56.6 billion +6.9% +7.4% Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim.

Positive
cover-imageCrypto Economy
January 21, 2025

XRP, DOGE, and BONK ETFs? REX Shares Pushes for Crypto Investment Expansion

TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.

Neutral
cover-imageBenzinga
January 21, 2025

Meme Coin Supercycle? Dogecoin, Trump, Bonk Futures ETF Applications Filed

Just a day after Donald Trump's inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins. Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.

Positive
cover-imageBenzinga
January 17, 2025

SOL Has A 50% Of Flipping Ethereum, Bonk To Become The Shiba Inu Of Solana, Trader Posits

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.

Positive
cover-imageNewsBTC
January 16, 2025

BONK Price Ready To Surge 1,105% From Here? Analyst Reveals Key Levels To Watch

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.

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