Memecoins are known for their high volatility and tend to outperform major tokens during price rallies, serving as a leveraged bet
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.
The crypto market is facing significant this week and the price of meme coins like Floki and Bonk are falling sharply today following a dire outlook from the Federal Reserve regarding inflation and the pace at which they plan to cut rates next year.
Prominent cryptocurrency and stock trading platform Robinhood continued to expand its meme coin offering with the listing of Bonk. According to a Dec. 20 announcement, the Solana-based meme coin will now be accessible to over 24 million Robinhood users.
Some of crypto's best meme coins have been rocked by a sharp downturn, with tokens like Pepe, Bonk, and Floki suffering catastrophic losses. Hailed as the tokenized epitome of internet culture and speculative euphoria, holders of these tokens now wonder if there is much future in them.
The price of Dogfwifhat dropped by 16.5% in the past 24 hours and accumulates a 25% decline in the past 7 days as the tailwind provided by its recent listing on Coinbase appears to be fading.
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.
Dogwifhat (WIF) price reached its highest levels since March 2024 earlier this month, reflecting an astonishing 1386% gain for the year. However, WIF has faced a correction, declining roughly 11% in the last 24 hours as bearish signals intensify.
The market cap of Solana meme coin Bonk (BONK) has dropped by $1.8 billion within the last 30 days. This drawdown came amid the token 34.11% price decrease.
Dogwifhat (WIF), the popular Solana-based meme coin, is poised for a price decline as its daily chart flashes a bearish signal. However, token holders appear to be dumping their holdings on exchanges, as reported by the on-chain analytics firm Coinglass.
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The memecoins have been quiet of late, as all eyes have been on Bitcoin ($BTC). Is it now time for the memes to bounce?
The past week has seen significant movement across altcoins, with Chainlink (LINK) surging nearly 20% to reach its highest price since November 2021, driven by strong buying pressure.
Here is how some of your favorite assets concluded the week.
The second week of December saw mixed performances for meme coins, with most experiencing double-digit declines. This development, as stated in this meme coins weekly recap, aligns with the broader market condition that has seen most cryptos lose hold of the bullish momentum they recently had.
The lawsuit could reshape crypto exchange practices, highlighting potential antitrust issues and influencing future digital asset listings. The post BiT Global sues Coinbase over unfairly delisting wBTC while allowing PEPE, WIF to trade appeared first on Crypto Briefing.
Solana meme tokens are still highly active, with five assets breaking the $1B market cap barrier. AI agents are also boosting Solana meme activity.
BONK finds itself under increasing selling pressure as its recent rally falters, raising concerns about the token's ability to sustain its upward momentum. Struggling to maintain its gains, the price has started a fresh drop toward the $0.00002962 key support level, indicating a possible bearish continuation.
Keep an eye on THESE factors, as they'll determine whether you should HODL or break even.
On-chain data shows $45.73 million in BONK token outflows from exchanges during December 2024, coinciding with bullish technical patterns and a 5.65% price increase in the last 24 hours.
In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.
On-chain metrics reveal that exchanges have witnessed $45.73 million worth of BONK outflow.
Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:
Dogwifhat whale sells 1.2 million WIF tokens worth $3.47 million as bears dominate the market.
A Dogwifhat (WIF) whale has conducted a significant transaction that has intrigued the community. The volume of the transaction and the duration the whale held the asset have raised concerns among a segment of traders and investors alike.
Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.
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.
A Dogwifhat whale transferred $3.47 million worth of WIF tokens to Coinbase, causing a 3.5% price decline amid broader market volatility.
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.
Amid a highly turbulent crypto market witnessed lately, a Dogwifhat whale's decision to offload nearly $3 million worth of tokens raised severe concerns among traders and investors globally. On-chain stats on Wednesday indicated that the whale moved millions of WIF to Coinbase, sparking bearish sentiments among investors amid a broader crash.
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.
When some assets decide to run, they can make up months and years of losses in a few short weeks.
The dog has a hat—and two recent exchange listings. But Dogwifhat meme coin buyers on Coinbase and Robinhood saw new lows Tuesday.
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.
Memecoins underperform the wider crypto market after double-digit daily losses surpass the sell-off in BTC and ETH.
If there is no fresh uptick in speculative activity, BONK could be stuck in range-bound consolidation.
Dogwifhat price, a Solana-based meme coin, has soared by 70% in the past month, gaining significant investor interest. Analysts now anticipate a potential breakout above the $10 mark, driving heightened optimism around the token's bullish trajectory.
It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.
As Bitcoin ($BTC) continues its latest correctional phase, the memecoins are falling much faster. $DOGE, $PEPE, and $WIF are crowd favourites.
Data shows that whales have shown strong interest in memecoins, leading to a rise in their prices.
Bonk has experienced a surge of 100.07% over the past month. Is the memecoin positioned for further pump?
The PEPE accumulation came amid the asset's all-time high.
Meme coins performed well during the weekend as most investors bought them amid the ongoing greed sentiment. Pepe price was up by over 20%, while other popular ones like Floki, Dogwifhat, Bonk, and Popcat rose by double digits.
WIF faces a critical battle for big player loyalty and capital amid rising competition.
Dogwifhat (WIF), the popular Solana-based meme coin appears set to explode as its price action gains significant attention from crypto giants. On December 7, 2024, the overall cryptocurrency market is showing bullish momentum, with Bitcoin (BTC) and other major altcoins like XRP, BNB, and DOGE experiencing impressive upside movements.
A widely followed cryptocurrency trader thinks that one large-cap memecoin is gearing up for another round of upside bursts. Pseudonymous analyst Bluntz tells his 303,200 followers on the social media platform X that he sees Dogecoin (DOGE) outperforming Bitcoin (DOGE/BTC) as the pair approaches the resolution of a triangle pattern.