Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.

BONK's breakout targets a 271% rally—will buyers step in, or is another drop coming? Traders

Open interest in meme coin futures has significantly decreased as prices have dropped, sparking a debate about the sector's future. What Happened: In a post on X on Feb 19, Glassnode data shows the decrease, with Dogecoin (CRYPTO: DOGE) open interest down by 58.45%, falling from $3.58 billion on Dec. 9, 2024 to $1.49 billion recently.

Bonk has created history with its mind blowing hold over the world. The financial system was revolutionized when Bonk started climbing the ladder.

Despite a 54% decline in BONK's monthly price, analysts see potential for a reversal if the token holds the $0.0000091 support level.

Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.

Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.

dogwifhat has experienced a strong downtrend, dropping by 64.14% over the past month.

Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.

The market dynamics for memecoins appear to have changed to a large extent as they are displaying a vibrant price action. While some manifested a monstrous rally like TRUMP, others like WIF maintain a calm upswing, and memecoins like Dogecoin are stuck within a range waiting for the right time to trigger a breakout.

Cryptocurrency prices rebounded on Saturday, with Bitcoin moving above $97,500 and the market cap of all tokens soaring to $3.25 trillion. The crypto fear and greed index exited the fear zone and moved neutral at 43. So, let's explore some of the top-performing crypto market stories of the day.

BONK saw its price structure break, and this could have a significant impact on the memecoin's market.

WIF shows signs of a potential rebound, supported by bullish technical indicators such as the TD Sequential buy signal, oversold RSI, etc. signaling a possible price recovery.

Dogwifhat (CRYPTO: WIF) and the TRUMP (CRYPTO: TRUMP) meme coin are emerging as the highest gainers on Friday, putting in significant rallies from their bottom valuations. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend OFFICIAL TRUMP (CRYPTO: TRUMP) $23.00 $4.6 billion +41.6% +33.7% Dogwifhat (CRYPTO: WIF) $0.7399 $739.1 million +26.8% +2.7% SPX6900 (CRYPTO: SPX) $0.8429 $784.7 million +17.3% +38.6% Trader Notes: Influencer Cryptomist noted that market bias is shifting upward, suggesting that Dogwifhat should follow suit.

Prominent trader Unipcs believes meme coins have a history of explosive comebacks when least expected, suggesting a meme coin comeback could be around the corner. What Happened: The trader argued in a post on X on Friday that the risk/reward (R/R) ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.

The crypto space experienced a major setback during the first half of February, highlighting increased volatility. However, the market has displayed a significant recovery this week. Following this, the memecoin segment has recorded the highest gains.

Solana's BONK is demonstrating remarkable stability, holding its support amid ongoing market fluctuations. At the same time, whispers of a revolutionary rival altcoin are growing louder—one that is ambitiously targeting a 44,000% surge.

Memecoins have taken a fearful beating over the last couple of months. Some are down as much as 85% and more.

The total market capitalization of the meme coin niche tanked to approximately $75 billion.

The Solana meme coins market has rebounded, valued at $11.7 billion, with a 4.4% increase in the past 24 hours. Among the notable meme coins are SPX, Popcat, and WIF, which continue to gain attention due to their potential to deliver massive gains.

Airdrops have become a staple method for new projects to distribute tokens freely, aiming to attract users and increase engagement. The cryptocurrency world witnessed one buzziest airdrop of recent times-Bonk(BONK), a meme coin that burst onto the scene within the Solana ecosystem.

Wouldn't it be great if a small crypto investment today turned into life-changing profits tomorrow? Meme coins have proven time and time again that the right project at the right time can generate unimaginable gains.

With history as a guide, is this another prime ‘buy-the-dip' moment, or has WIF lost its spark?

Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.

It was possible that a range formation between $0.69 and $0.74 would play out over the next few days.

Here is how some of your favorite assets concluded the week.

Popular Solana-based meme coin BONK has just flashed a major buy signal following a dramatic 40% price crash over the past week. The TD Sequential indicator, a technical tool for identifying trend exhaustion and price reversals, suggests that the meme coin may be gearing up for a strong rebound to new highs.

Whales and spot traders are taking opposing calls on WIF.

BONK's price action might go in either direction, depending on a few key things.

Despite recent corrections, the crypto market has highlighted four emerging Solana rivals showing strong growth. These altcoins have demonstrated resilience, attracting significant attention for their potential price movements.

As sellers dominate the meme coin segment, BONK price crashed to a new low in 2025. Will the falling prices take a quick turnaround or is a 36% downfall inevitable?

BONK burns 2 trillion tokens in a $34M event, but prices keep sliding.

Despite massive token burns, Bonk (CRYPTO: BONK) is down 30% over the past week. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00001755 $1.35 billion -0.3% -32% Floki (CRYPTO: FLOKI) $0.00009063 $871 million -2% -31.1% Dogwifhat (CRYPTO: WIF) $0.7421 $741.4 million -5% -39.8% Trader Notes: Crypto trader Nebraskangooner notes that Bonk's chart forming a "squiggly line" pattern, while analyst Ali Martinez sees a buy signal on the daily chart, signaling a potential price recovery.

It now seems a distant memory when memecoins would spike hundreds, and sometimes thousands of percent in short periods of time. Are the crypto memes dead or dying now?

Bitcoin's (BTC) slide under the $97,000 mark sent all the major altcoins to print red indexes all around. As the decline continues, crypto whales are finding this period as the “Buy the dip” opportunity and scooping top meme coins like Pepe and dogwifhat (WIF).

Big players in the crypto market are making waves again, and this time, they're betting big on meme coins. According to Spot On Chain, a smart whale has secured a massive $13.75 million profit while trading Pepe (PEPE). Meanwhile, another whale grabbed millions worth of WIF from Binance, sparking speculation about the next move.

WIF's price faces challenges, with technical indicators showing mixed signals for a potential reversal.

Despite the continuous price decline in Dogwifhat (WIF), the popular Solana-based meme coin is gaining significant attention from crypto enthusiasts. Recently, the popular blockchain-based transaction tracker Onchain Lens shared a post on X (formerly Twitter), revealing that a newly created wallet withdrew 9.47 million WIF tokens worth $6.90 million from Binance. Whale Buys 9.

After a year of explosive price growth, the Solana based meme coin, BONK, has wiped out all of its 2024 gains, retracing approximately 76% from its peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying opportunity for investors rather than a cause for concern.

Three tokens – Ethena (ENA), Dogwifhat (WIF), and Dogizen (DOGIZ) – are currently making headlines for their respective price movements. ENA and WIF are grappling with significant market volatility, while DOGIZ is experiencing a surge in price in its ongoing presale ahead of its anticipated exchange listing. Ethena (ENA) dips below $0.

$16 million worth of these tokens were scooped up from the giant crypto exchange Binance on Thursday.

The crypto market is marginally down, with price action remaining mixed. Bitcoin (BTC) has slipped below $98,000 over the past 24 hours.

Solana-based meme coin dogwifhat (WIF) has experienced a sharp downturn over the past week. It has shed 33% of its value during that period and currently trades at a February 2024 low.

Meme coin whales nabbed significant market attention amid the recent turbulent landscape, heavily purchasing Pepe coin (PEPE) and Dogwifhat (WIF). On-chain data on Thursday revealed that roughly $16 million worth of the abovementioned tokens were bought from the cryptocurrency exchange behemoth Binance.

BONK price found support at $0.000018 on Wednesday, as the crypto market continued to battle the fallout from escalating tensions between the US and China over trade tariffs. With Solana memecoin markets plunging by another 11.4%, the broader trend appears bearish, posing a significant downside risk for BONK.

After its massive crash, Dogwifhat (WIF) has turned from a viral sensation to a struggling meme coin. The dog-themed token was the face of the gains at the beginning of 2024, creating an ATH of nearly $5 in March 2024.

BONK shows potential for a market rally as sentiment begins to shift.

This prediction comes after plans for a Las Vegas Sphere advertisement fell apart.