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.
This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.
CARV, a leading name in modular data solutions for gaming and AI, has announced an exciting partnership with LayerZero, a technology firm specializing in cross-chain data mobility.
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.
TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero's Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers.
LayerZero has been selected as the interoperability provider for BitGo's Wrapped Bitcoin (WBTC) to enhance its cross-chain capabilities. LayerZero's choice highlights the chain's growing influence in the blockchain space and it has caused its native token, ZRO, to rebound from a crucial support level in its price chart.
BitGo has selected LayerZero as the digital asset custody provider's official interoperability provider for the Wrapped Bitcoin token. On Sept.
With LayerZero as its official interoperability provider, BitGo is expanding its tokenized wrapped bitcoin (WBTC) product to BNB Chain and Avalanche.
LayerZero's CEO commented on the inclusion of a “big Sybil hunt” to block bots and reward real users. The main reason for Sybil filtering was due to fake accounts trying to claim airdropped tokens.
When ZRO first hit the market almost three months ago, it had a price tag of $4.4. Currently, it has recorded only a 23% price dip from launch.
LayerZero's native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.
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.
TL;DR The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem. The program offers roles as community member, builder, and content creator, with initial rewards of 25,000 ZRO tokens for those who joined before June.
LayerZero Foundation launched the LayerZero community program with three roles, offering up to 5 million ZRO tokens as rewards.
LayerZero (ZRO) is under renewed selling pressure, with its price sliding toward $3.19 after being rejected at a key trendline. The sharp downturn has shifted market sentiment to a more bearish outlook, sparking concerns about deeper declines.
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.
On a day when major cryptos were unable to sustain what had at one point looked like a promising rally on strong US economic data and Nvidia results, investors turned to the altcoin markets for top crypto performers today.
As Bitcoin (BTC) reclaims the $60,000 mark, a ripple effect is being felt across the cryptocurrency landscape with altcoins like THORSwap (THOR), LayerZero (ZRO), Velo (VELO), and Kishu Inu (KISHU) experiencing double-digit gains. This article will explore how THORSwap, LayerZero, Velo, and Kishu Inu are making headlines and capturing investor attention amid the Bitcoin resurgence.
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.
Hidden on the second page of Coinmarketcap, LayerZero is making waves in the industry as an omnichannel interoperability protocol. As it enables secure messages to pass across blockchains, its Ultra-Light Nodes (ULNs) act as smart contract endpoints on each chain.
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.