In this weekly analysis of meme coins, BeInCrypto observed that these tokens experienced mixed results. While some tokens saw gains, others grappled with significant losses.
Tezos hosted a creative coding workshop at Trilitech London, showcasing generative art's potential in the Web3 space, fostering innovation and collaboration among artists and developers.
The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.
The memecoin market is abuzz with recent activity spurred by Bitcoin's (BTC) performance. Bitcoin is reaching its peak dominance, and investors are flocking to smaller projects in hopes of finding the next crypto unicorn.
BONK has achieved new all-time highs and reclaimed its position as the largest Solana-based memecoin following its Upbit KRW listing, with trading volumes exceeding $3.58 billion and market capitalization growing beyond $4.15 billion.
By 2024, the cryptocurrency market has seen the rise of a fully developed meme coin sector. Known for their high volatility, these assets offer the potential for massive returns — but they come with equally high risks.
On the back of some very bullish exchange listings, memecoins $PEPE, Dog Wif Hat ($WIF), and $BONK, have been flying high in recent days. However, after such explosive surges, is it now time for a comprehensive pull-back?
Bonk, the Solana-based meme coin, has surged 85%, attracting massive investor interest as it tests crucial support levels around $0.00002635, with traders closely monitoring its potential for further upward momentum. The post Bonk Surges 85% as Big Traders Pile In – Could This Be the Path to $1? appeared first on Cryptonews.
Meme coins are back in a big way. Dogecoin (DOGE) and Pepe Coin (PEPE) have surged nearly 100% in the past week, fueled by renewed interest in the broader crypto market.
BONK, WIF, and POPCAT are poised to surge higher as cryptocurrencies gain attention following the US presidential election.
BONK's Open Interest skyrocketed by 35%, indicating notable interest from traders.
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 token price rose 12% after listing on Binance.US, trading at $0.00003603 with increased volume as it approaches its previous all-time high of $0.00004704.
With a market cap of $2.894 billion, BONK is the 5th biggest meme currency in the crypto market. Currently, the BONK price is trading at $0.00003861, with a 19% surge in the past 24 hours. BONK prepares for a massive rally upside as the bull run in meme coins continues.
As Bitcoin (BTC) price rallied above $93k for the first time since its inception, it is now more than clear that the crypto bulls are in action.
Tezos users can now make purchases at Visa and Mastercard terminals worldwide with Oobit's Tap & Pay feature, enhancing cryptocurrency's role in mainstream finance.
Bonk (BONK) has surged to its highest price since July, following its listing on Binance.US, raising speculation about its potential to outshine established meme coins like Shiba Inu and Floki amid increasing demand and market optimism. The post Bonk Hits Its Highest Since July – Could It Soon Outshine Shiba Inu and Floki? appeared first on Cryptonews.
Bonk (BONK) price, a Solana-based meme coin, has recently experienced a significant price surge, breaking crucial resistance levels. This rally has boosted market interest, with BONK now eyeing a potential new all-time high this November.
In the realm of bullish market sentiment, Bonk (BONK), a Solana-based popular meme coin, turned bullish after remaining stable during the period when others were experiencing a notable upside rally. It appears that the sentiment for BONK has changed and it is now poised for a notable upside rally in the coming days.
The OBV soared past local highs from late September as the meme coin broke out beyond the six-week range.
Solana-based meme coin BONK has surged by 12% in the past 24 hours. It has outperformed top meme coins like Pepe (PEPE) and Shiba Inu (SHIB), whose values have dropped 3% and 7%, respectively, during the same period.
All eyes have been on Bitcoin, as it shatters records and continues to break all time highs again and again.
Bonk has taken a downturn, sliding toward the crucial $0.00002635 price mark as bearish forces take charge. This level could be the bulls' last stand to regain momentum and prevent a deeper correction.
Solana meme coins Bonk, Happy Cat, and Peanut the Squirrel were some of the best-performing cryptocurrencies on Nov. 13. Peanut the Squirrel (PNUT) token surged by 300% in the last 24 hours, bringing its market cap to over $1.6 billion.
As the global cryptocurrency market cap eyes $3 trillion, the recent increase in Bitcoin price to an all-time high of $89,000 has sparked excitement of a new bull run, preparing the stage for altcoin's renewed optimism. Among the leading performers are Peanut the Squirrel (PNUT), Rexas Finance (RXS), Bonk (BONK), and XRP—all witnessing substantial price
Bitcoin's “parabolic” price rise reflects the new lack of ambiguity around crypto's status, said Kathleen Breitman.
The crypto market today has demonstrated a rather modest rise, increasing by 1.51% over the last day, bringing the total market cap to $2.98 trillion. The trading volume rose significantly, up by 35.59% to $358.59 billion.
BONK surged 23%, breaking resistance and showing potential for continued gains.
BONK, the Solana-based meme coin, has recently seen a significant price increase, breaking out from a six-month descending wedge pattern. This breakout suggests a potential 92% rally, positioning BONK for substantial growth if the momentum holds.
Millionaire trader Unipcs, known as "The BONK Guy," shared a fresh optimistic outlook on Bonk (CRYPTO: BONK), calling it a standout among meme coins due to its unique position. What Happened: The trader took to X to highlight Bonk's distinct status as the only new meme coin on Coinbase, alongside Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).
Bonk price surge gathered momentum on Tuesday, with the OG of Solana meme coins soaring to $0.000034, its highest level in over five months. This rally mirrored that of other meme coins like Dogwifhat and Popcat surging by over 10%.
ENS is like your online phonebook, giving you your own “domain” name that you can use in the world of blockchain. Now, the team behind ENS is taking things up a notch by building a new network called “Namechain.
BONK has achieved a 38% weekly gain and reached $1 billion in trading volume, while showing mixed signals in derivatives markets and technical indicators, as the token maintains its position as a leading Solana-based meme coin with a $1.8 billion market cap.
The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion. With more than 50% of its market cap concentrated in Dogecoin's $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential.
ENS Labs, the organization behind Ethereum Name Service (ENS), has revealed a Layer-2 solution to boost the scalability of blockchain-based identities.
If buyers can keep up the momentum, BONK could rally by 32% to the 1.618 Fibonacci level.
Bonk (BONK), the Solana meme coin with the second-highest market cap, has seen its volume hit $1 billion today. This milestone comes after BONK's price climbed by 43% within the last seven days.
Unipcs, the millionaire trader known as ‘BONK guy,' recently shared his journey and insights into meme coin trading, particularly his long-term position in Bonk (CRYPTO: BONK). What Happened: Unipcs elaborated on his approach in a post on X, holding BONK for 13 months and incurring $1.9 million in fees while also achieving major success trading Dogecoin (CRYPTO: DOGE).
TL;DR ENS Labs plans to launch its own Layer 2 network called Namechain by the end of 2025. Namechain will focus on interoperability and offering cheaper access to ENS. The project is part of the ENSv2 initiative to expand ENS on Ethereum Layer 2 networks.
Ethereum Name Service (ENS), one of the most established solutions for digital identity on blockchain, is preparing for a major update. ENS Labs, the organization behind ENS, has announced the intention to launch a dedicated Layer-2 network called “Namechain”, based on zero-knowledge rollup (zk-rollups) technology.
ENS Labs, the team behind the Ethereum Name Service (ENS), is moving forward with plans to launch a dedicated layer-2 network called Namechain.
ENS Labs announced plans to launch "Namechain," a layer-2 blockchain using zero-knowledge rollups, scheduled for late 2025 release, aimed at reducing transaction costs while maintaining security for their domain naming service.
ENS Labs has introduced “Namechain,” a new Ethereum layer 2 solution designed to enhance scalability and accessibility for blockchain-based identity. The post ENS Labs Unveils ‘Namechain' Ethereum Layer 2 Solution to Scale Blockchain Identity appeared first on Cryptonews.
Ethereum's ENS work similar to web addresses that simplifies wallet addresses. For instance, Vitalik Buterin uses “Vitalik.eth” instead of a long address.
Namechain is designed to prioritize interoperability and allow users to start ENS from 'any L2 network.'
ENS Domains has announced the launch of Namechain, a purpose-built Layer 2 solution that marks a significant evolution in the Ethereum Name Service (ENS) ecosystem. This development is part of the broader ENS v2 initiative, aimed at reducing costs and enhancing performance for users.
The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites.
Namechain, as the layer-2 blockcain is called, will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025.