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.

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.

Bonk (BONK) has surged to its highest price since July, following its listing on Binance.US, raising speculation about its potential to outshine established meme coins like Shiba Inu and Floki amid increasing demand and market optimism. The post Bonk Hits Its Highest Since July – Could It Soon Outshine Shiba Inu and Floki? appeared first on Cryptonews.

Bonk (BONK) price, a Solana-based meme coin, has recently experienced a significant price surge, breaking crucial resistance levels. This rally has boosted market interest, with BONK now eyeing a potential new all-time high this November.

In the realm of bullish market sentiment, Bonk (BONK), a Solana-based popular meme coin, turned bullish after remaining stable during the period when others were experiencing a notable upside rally. It appears that the sentiment for BONK has changed and it is now poised for a notable upside rally in the coming days.

The OBV soared past local highs from late September as the meme coin broke out beyond the six-week range.

Solana-based meme coin BONK has surged by 12% in the past 24 hours. It has outperformed top meme coins like Pepe (PEPE) and Shiba Inu (SHIB), whose values have dropped 3% and 7%, respectively, during the same period.

All eyes have been on Bitcoin, as it shatters records and continues to break all time highs again and again.

Bonk has taken a downturn, sliding toward the crucial $0.00002635 price mark as bearish forces take charge. This level could be the bulls' last stand to regain momentum and prevent a deeper correction.

Solana meme coins Bonk, Happy Cat, and Peanut the Squirrel were some of the best-performing cryptocurrencies on Nov. 13. Peanut the Squirrel (PNUT) token surged by 300% in the last 24 hours, bringing its market cap to over $1.6 billion.

As the global cryptocurrency market cap eyes $3 trillion, the recent increase in Bitcoin price to an all-time high of $89,000 has sparked excitement of a new bull run, preparing the stage for altcoin's renewed optimism. Among the leading performers are Peanut the Squirrel (PNUT), Rexas Finance (RXS), Bonk (BONK), and XRP—all witnessing substantial price

The crypto market today has demonstrated a rather modest rise, increasing by 1.51% over the last day, bringing the total market cap to $2.98 trillion. The trading volume rose significantly, up by 35.59% to $358.59 billion.

BONK surged 23%, breaking resistance and showing potential for continued gains.