With the price volatility in the crypto market recording a new high, the Bitcoin price has successfully surpassed $63k with an intraday gain of 5.13%. Following this, the memecoin market cap crossed the $41 billion mark for the first time in about a month.

On the verge of a bearish breakdown, Bonk (BONK) holders are shifting their attention to Mega Dice (DICE), a new Telegram casino set to launch on Solana DEX Raydium on September 30.

What's next for BONK after hitting a roadblock at $0.000018?

As the price of Bitcoin (BTC) retests its important resistance level of $60,000, the crypto market has regained momentum over the past few hours. Moreover, the market has recorded a jump of 1.97% within the past day and is currently valued at $2.09 Trillion.

Holders of popular Solana meme coin Bonk ($BONK) are turning their attention to a new meme coin ICO after the low-utility meme coin posted notable depreciation recently.

BONK price attempted a recovery move this week, but as the $0.000017+ surge crumbled into a seismic dump, traders quietly snapped up a rival meme coin.

Despite brief moments of potential recovery, most of meme coins had a challenging week. Popular tokens like Bonk (BONK) and Pepe (PEPE) saw their prices drop by double digits.

The popular memecoin has done well enough, but can it do much better?

Bonk (BONK), the popular Solana-based meme coin, is defying the market trend and is poised for a massive price surge despite bearish sentiment. With an impressive 4% price surge, it has gained significant attention from the crypto community resulting in its open interest skyrocketing by 16% in the last 24 hours.

The Bonk (BONK) price dipped around 2% on Thursday, per data presented by TradingView, amid sluggish trading conditions across the broader cryptocurrency market, with some asking if now is a good time to buy the dip.

Amid the ongoing broader market correction, investor interest in meme coins has significantly declined, hitting some of the most popular tokens the hardest.

Binance Pay unveils a promotion offering users the chance to win up to 2,400,000 BONK for qualified purchases made this September.

BONK has respected the range extremes over the past month.

The meme coins market has dropped from $48.28 B in the beginning of August to $38.4B by the end of August 2024. However, a few meme coins are showing possible surges and reversals in the next month, they are Popcat, Shuba Inu, Floki, and Bome.

Story Highlights The live price of the BOME token is . BOME price may reach a high of $0.0132 in 2024. With a potential surge, this altcoin may reach a high of $0.0315 by 2030.

The market cap of the meme coin sector is down over 6% in the past 24 hours.

Crypto analyst Man of Bitcoin recently provided insights into Bonk's (BONK) trajectory using the Elliot Wave Theory. As part of his analysis, the analyst revealed how high the Solana meme coin could rise on its next leg up.

Bonk has experienced sustained gains over the past week surging by 18.77%.

Altcoins SATS, dogwifhat, FET, and Bonk have all surged over 10% over the past day to rank as the top gainers in the crypto market, as Bitcoin, the leading cryptocurrency by market cap, jumped over $64,000 in the same timeframe.

Dogecoin Rivals – Shiba Inu (SHIB), Floki, Pepe coin (PEPE), Dogwifhat (WIF), and BONK are set to attract investor interest as DOGE price has been stuck in a five-month correction. Despite the recent market rebound, Dogecoin price projects no clear sign of bottom formation, projecting the risk of further sell-off.

Veteran cryptocurrency trader Unipcs, who gained widespread attention for turning a modest $16,000 investment into over $18 million through a single trade involving the meme coin BONK, is now predicting a massive surge in the meme coin market.

BONK may have been falling on the price charts, but will that change soon?

BONK price surged 3% to $0.000018 on Wednesday's trading session as Bitcoin price jumped above $60000 psychological level. This Solona-based meme coin has risen for three consecutive days, indicating a renewed buying momentum and potential bottom formation.

Veteran trader Unipcs, known for his $18 million profit from a single Bonk (CRYPTO: BONK) trade, has set his sights on BONK and Floki (CRYPTO: FLOKI) as the potential frontrunners in the next meme coin surge. What Happened: Unipcs predicts the overall meme coin market could reach $300 billion, with these two tokens at the forefront of this explosive growth, in an interview with crypto trading platform Bybit.

Meme coins, which have been battered recently, were some of the best-performing coins on Tuesday as investors focused on the upcoming Fed minutes and Jackson Hole meeting in the United States. Brett, the top token in Base Blockchain, surged by over 24% while Dogwifhat (WIF), Floki, and Pepe soared by double digits.

BONK price plunged 1.6% to $0.000019 on Monday, bucking the general uptick in the broader crypto market. While the Bitcoin attempt to regain $60000 has uplifted most of the major altcoins, the meme cryptocurrency sector struggle follows.

BONK price is currently looking to break out of a bullish pattern it is currently moving in, which may not happen.

As Bitcoin (BTC) continues to traverse sideways, the altcoins are certainly not going to outperform. This is even more so the case with memecoins.

As Bonk trading volumes surge back above $100 million, per Yahoo Finance data, the Bonk price could be set to explode.

The 20 and 50-day BONK moving averages formed a bearish crossover last week.

Meme coins are just jokes, but over the past 24 months many delivered far more ROI than Bitcoin or Ethereum. This week's biggest losers were still on sale Saturday.

Cryptocurrency prices remained under pressure on Monday, continuing a trend that has happened in almost two weeks.

This week, the meme coins market has witnessed a noticeable decline in activity, with the sector's capitalization dropping 5% over the past five days.

The memecoin hype took a downturn, part of a broader market decline. Overall interest in cryptocurrencies has nosedived, which can be linked to recession fears and geopolitical tensions, leading to bearish sentiments. However, things are beginning to look up, with Bonk (BONK) and FLOKI (FLOKI) gearing up for a comeback.

The Bonk price has seen a deeper retracement today, down 3.57%, contributing to the 3.04% average decline among meme coins. However, indicators point towards building bullish momentum and a potential breakout.

After an extended decline, Solana-based meme coin Bonk (BONK) might be set for a rebound as bullish sentiment begins to return.

Book of Meme (BOME), a once-prominent meme coin, finds itself in a challenging position as it navigates a volatile market. Despite a recent uptrend, bearish sentiment continues to loom large, putting pressure on BOME's ability to sustain its momentum. With the coin's price currently hovering around $0.

Solana memecoins spikes are traders' favorite sessions, and after the short bearish phase, the rally is likely to begin again. Amid the crypto market recovery today, top Solana memecoins Dogwifhat (WIF), BONK, and Popcat Sol have shown a significant surge.

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 price plummeted 1.65% to $0.000029 on Tuesday despite a general uptick in the broader crypto market. The buying pressure uplifted Bitcoin price above $60000 following the recently released U.S. Producer Price Index (PPI) monthly rate of 0.1%, which came in lower than market expectations.

The Solana price has dipped by 0.5% in the past 24 hours, although its current level of $145 also marks a 4% gain in a week.

Solana memcoins, after a short bearish rally, has once again gained bullish momentum.

Despite its quick rise to a $1 billion market cap, B ook of Meme (BOME) is now a shadow of its former self. As of press time, the altcoin is trading at $0.0070.

The weekend trade remained extremely bearish for the entire crypto space, which included even memecoins. The top 5 memecoins, Dogecoin, Shiba Inu, Pepe, dogwifhat & Bonk, are trying to rise above the bearish influence. Therefore, the buying pressure is slowly rising and hence the memecoins are about to gain mainstream attention soon.

It's been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period.

The short-lived rally in Solana-based meme coins has come to an abrupt end, with Bonk (BONK), Cat in a Dog's World (MEW), and Book of Meme (BOME) ranking as the top assets leading the decline.

BONK price plunged over 5% on Friday during U.S. trading hours as the crypto market's mid-week recovery stalled. The lack of follow-up on the upside hints at a lack of conviction from buyers and a potential pullback to bottom support.

The memecoin's recovery came to a halt briefly, but will it last for long?