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news-imageJanuary 7, 2025

PENGU Drops 10%, Risks Losing Market Cap Position to BONK

PENGU price has dropped roughly 10% in the last 24 hours after becoming Solana's biggest meme coin. Despite its recent popularity, the asset's momentum has slowed, with technical indicators suggesting potential consolidation or further downside.
Publisher: BeInCrypto
Sentiment: Negative
BONK
PENGU

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Negative
cover-imageBenzinga
February 7, 2025

Bonk Drops 30% Despite Massive Token Burn: What Is Going On?

Despite massive token burns, Bonk (CRYPTO: BONK) is down 30% over the past week. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00001755 $1.35 billion -0.3% -32% Floki (CRYPTO: FLOKI) $0.00009063 $871 million -2% -31.1% Dogwifhat (CRYPTO: WIF) $0.7421 $741.4 million -5% -39.8% Trader Notes: Crypto trader Nebraskangooner notes that Bonk's chart forming a "squiggly line" pattern, while analyst Ali Martinez sees a buy signal on the daily chart, signaling a potential price recovery.

Positive
cover-imageBenzinga
January 30, 2025

Can Bonk Mirror Shiba Inu's Explosive Growth From Last Cycle?

Solana's (CRYPTO: SOL) leading meme coin, Bonk (CRYPTO: BONK), has seen a price dip, but traders continue to emphasize its strong fundamentals and potential for a major rally. What Happened: Crypto trader Unipcs argued on Thursday on X that there's no reason to be bearish on BONK at current levels, citing multiple bullish catalysts.

Positive
cover-imageCoingape
January 27, 2025

Pudgy Penguins Linked Abstract Chain Goes Live On Mainnet

In an astounding development, Abstract Chain, an Ethereum Layer-2 network launched by Pudgy Penguins' parent company, Igloo Inc., has gone live on the mainnet. Reportedly, the Ethereum-based Layer 2 blockchain is designed to empower crypto communities and facilitate user-centric Web3 applications.

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