BONK update: Rebound or retreat? Key indicators show mixed outlook
BONK analysis offers a comprehensive view of the present market dynamics and insights.
Keep up with what's happening in the crypto world in real-time.
BONK analysis offers a comprehensive view of the present market dynamics and insights.
Popcat has hit a new all-time high, rising above popular meme coins like Bonk and Floki, fueled by a surge in its futures open interest. Popcat (POPCAT) rose 17.8% over the past day, exchanging hands at $1.66 when writing.
Popcat and Bonk's prices held steady as sentiment in the cryptocurrency industry waned, with Bitcoin falling to $66,500. Bonk (BONK), the first meme coin on the Solana (SOL) ecosystem, retreated for three consecutive days, reaching a low of $0.000022.
BONK price prediction plunged 3% during Wednesday's Asian market session to reach $0.000022 while the market cap fell by $1.63 billion. While this downtick follows a broader market pullback, crypto analysts hint at a major breakout from the multi-year pattern, suggesting investors are ‘Not Ready' for the potential rally.
Upbit is one of the more conservative exchanges when it comes to meme token listings. The next eligible asset may be FLOKI, based on its longer trading history.
Traditional memecoins like Shiba Inu, Dogecoin and Bonk have a major edge according to recent listing trends on Upbit, the biggest exchange in South Korea. DeSpread claims that the South Korean exchange has been cautious when it comes to listing memecoins taking into account only those that have been traded for a minimum of two years.
Bonk prepares for breakout, higher price potential with increasing liquidity.
Upbit has officially listed Solanas meme coin, BONK, for spot trading with the USDT pair, causing a 30% spike in trading volume and a 7% price increase within an hour of the announcement. Investors anticipate further price rallies as the coin forms a bullish golden cross.
South Korea's largest crypto exchange Upbit on Tuesday said it will list Solana meme coin Bonk today. Traders responded immediately as BONK price saw a sudden 7% jump after the announcement, extending the rally this month to over 35%.
Bonk saw renewed attention from investors as Bitcoin consolidated above the $68K spurring a broader rally in the meme coin market. Bonk (BONK) rose 5.
Amid rising price volatility in the crypto market, the Bitcoin (BTC) price has held its value above the $69,000 mark. Following this, the memecoin category has regained momentum and has displayed a massive uptrend over the past weekend.
As communities of the crypto space increase so does the amount of ludicrosity that comes with it, as meme coins are now starting to shine and seemingly trying to change the digital currency landscape. On the spotlight today is the meme coin BONK.
A key resistance level is being tested and that could be good news for BONK.
A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.
Bonk spikes 10% in a day, driven by a massive $2.7 million outflow and bullish technical indicators.
Following a recent price increase, Solana-based meme coin Bonk (BONK) has been one of the top gainers among the top 100 crypto assets in the last 24 hours.
Amidst the general bearish trend taking over the crypto market today, BONK price stands out with a slightly bullish trend. So, what is driving this BONK price surge and how is it the top meme of the year?
BONK price has recently seen a significant breakout from a five-month-old descending wedge pattern. Typically considered bullish, this pattern signals a potential surge in the cryptocurrency's price.
Solana-based meme coin Bonk has become the top gainer among the 100 largest crypto assets in the past 24 hours following a recent price surge. Its latest recovery has been powered by renewed market optimism.
The popular Solana-based meme coin Bonk (BONK) is making waves in the cryptocurrency landscape with its impressive performance. On October 16, 2024, the meme coin led the crypto market and outperformed top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and many others.
As Bitcoin inches closer to $70K, altcoins like DOGE, LTC, and BONK see significant gains.
The Bonk price has recovered by 1.5% in the past hour, returning to $0.00002289 after suffering a 4% drop earlier this morning.
This new investment option makes it simple for accredited investors to access BONK, which is one of the largest memecoins on the Solana blockchain. Memecoins are fun digital currencies inspired by internet memes, and they have gained a lot of popularity lately.
Bonk has experienced a sustained surge over the past month, hiking by 33.20%.