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.
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.
BONK, the Solana-based meme coin, has recently seen a significant price increase, breaking out from a six-month descending wedge pattern. This breakout suggests a potential 92% rally, positioning BONK for substantial growth if the momentum holds.
Millionaire trader Unipcs, known as "The BONK Guy," shared a fresh optimistic outlook on Bonk (CRYPTO: BONK), calling it a standout among meme coins due to its unique position. What Happened: The trader took to X to highlight Bonk's distinct status as the only new meme coin on Coinbase, alongside Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).
Bonk price surge gathered momentum on Tuesday, with the OG of Solana meme coins soaring to $0.000034, its highest level in over five months. This rally mirrored that of other meme coins like Dogwifhat and Popcat surging by over 10%.
BONK has achieved a 38% weekly gain and reached $1 billion in trading volume, while showing mixed signals in derivatives markets and technical indicators, as the token maintains its position as a leading Solana-based meme coin with a $1.8 billion market cap.
The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion. With more than 50% of its market cap concentrated in Dogecoin's $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential.
If buyers can keep up the momentum, BONK could rally by 32% to the 1.618 Fibonacci level.
Bonk (BONK), the Solana meme coin with the second-highest market cap, has seen its volume hit $1 billion today. This milestone comes after BONK's price climbed by 43% within the last seven days.
Unipcs, the millionaire trader known as ‘BONK guy,' recently shared his journey and insights into meme coin trading, particularly his long-term position in Bonk (CRYPTO: BONK). What Happened: Unipcs elaborated on his approach in a post on X, holding BONK for 13 months and incurring $1.9 million in fees while also achieving major success trading Dogecoin (CRYPTO: DOGE).
With decreasing supply and increased community engagement in these initiatives, BONK's market value could significantly shift.
Solana network shows growth potential to surpass the Ethereum blockchain next year as the crypto bull run gains momentum. As it overtakes Ethereum in DEX trading volumes and other DeFi metrics, the Solana-based meme coins are ready to explode.
Meme mania appears to be back, brought on by a newfound crypto proponent -- Donald Trump.
The lack of significant buying volume recently meant that a reversal from the local highs was more likely than a breakout in the coming days.
The memecoin category has experienced a significant uptrend over the past few hours with many tokens recording a double-digit gain. Following this, the Bonk price broke its 6th consecutive red-day streak.
Memecoin could profit from its latest listing.
The cryptocurrency exchange Gemini, owned by the Winklevoss brothers, has just announced the listing of OP and the memecoins POPCAT and BONK.
Memecoin's latest bout of depreciation gave rise to many questions for traders.
BONK is trading in a consolidated range between $0.0000198-$0.0000241, showing bullish structure on higher timeframes despite slowing momentum and declining buying pressure.
A breakout beyond $0.0000241 could see a move to $0.0000339.
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.