Bonks community-backed 1 trillion token burn is sparking fresh momentum as the $0.11 price goal takes center stage. With a Christmas deadline and rapid market growth, Bonk is capturing the attention of crypto investors worldwide.

Most meme coin prices rebounded on Saturday, Dec. 21, after falling for most of the week, with their combined market cap rising by 4.7% to $109 billion. Shiba Inu (SHIB) price rose by 12.6% to an intraday high of $0.

The $0.00004 resistance zone identified on the daily chart had a sizeable concentration of liquidation levels around it.

Bonk has unveiled its bold plan to burn 1 trillion tokens as part of its ongoing “BURNmas campaign”, with its founders predicting a price target of $0.11. If the BONK token reaches this price, it would represent an incredible 328,000% gain from its current price.

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 crypto world is in turmoil again. Over the past 24 hours, the total market value dropped by 3.4%. It's not just numbers on a screen—it's a sentiment shift that's making traders uneasy.

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.

Floki announces support for the launch of BAD, the most anticipated AI Agent Launchpad protocol on the BNB Chain.

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

Floki approaches a pivotal breakout moment, eyeing $0.00028980 resistance to confirm bullish momentum.

Key Points:

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.

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:

Wise Monkey (MONKY) is a new meme token with a high profile launch, backed by Ape Accelerator and Forj, an Animoca Brands subsidiary. MONKY had a wide distribution to user wallets, and has already started trading on centralized markets an

Floki price rose for the second consecutive day as cryptocurrencies rebounded and traders anticipated the upcoming Wise Monkey airdrop. Floki (FLOKI), one of the leading meme coins in crypto, traded at $0.000248, up about 22% from this week's lowest level.

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.

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.

Get ready for the Wise Monkey (MONKY) airdrop! If you hold FLOKI, TOKEN, or APE tokens, you could receive free MONKY tokens.

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.

Floki introduces its debit card across European countries, advancing its roadmap to bridge Web3 with traditional finance through crypto-enabled payments.

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.

Floki and Mastercard have launched a debit card supporting multiple cryptocurrencies and blockchains.

TL;DR Floki has launched a multi-crypto debit card supporting eight blockchain networks, available in both physical and virtual formats, allowing users to spend their crypto assets.

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.

A physical card costs $33, while a virtual card costs just over $10. A 2% top-up fee applies when transferring tokens to the spending account associated with the card.

Floki revealed the Floki Debit card went live on December 9. According to the company, users can use their digital assets at Mastercard merchants.

This new card allows you to use your crypto like cash, making it easier to shop online or in stores. Whether you're grabbing lunch or shopping for gadgets, you can now pay with your $FLOKI, $BTC, $ETH, $USDT, $USDC, $BNB, or $SOL.

The crypto trading market is filled with profitable opportunities, but factors like volatility and changing trends could challenge the process. However, experienced traders often win over these challenges and make heavy profits.

Floki and Mastercard have launched a revolutionary crypto debit card available in 31 European countries, offering support for 8 blockchains and 13 cryptocurrencies. With zero transaction fees and a daily limit of 5,000 Tether, this card aims to reshape crypto payments.

Floki has officially launched its debit card in Europe, allowing users to spend their crypto assets at millions of merchants that accept Visa or Mastercard. This new initiative will expand Floki's ecosystem, which has been transitioning from a meme coin to a more utility-focused cryptocurrency.

Floki launches Visa and Mastercard-supported crypto debit cards in 32 European countries, enabling direct spending of FLOKI, BTC, ETH, and other cryptocurrencies across millions of merchants globally.

Floki is one of a growing number of crypto firms issuing their own regional payment cards that let users spend cryptocurrencies.

If there is no fresh uptick in speculative activity, BONK could be stuck in range-bound consolidation.

The Floki Debit Card launches with options for virtual and physical cards in 31 European countries, allowing users to spend crypto at merchants accepting Visa and Mastercard. The post Floki Launches Debit Card Supporting Crypto Payments in Europe appeared first on Cryptonews.

Despite profit taking retail demand for BTC remains strong.

The Floki Debit Card is now available to the global community, the crypto project has announced.

Bitcoin's dip impacts Ethereum and XRP, but memecoins like Dogecoin, Baby Doge Coin, and Floki signal bullish continuations with potential for up to 60% gains.

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.