Bonk's technical pattern indicates a support level at $0.000021, suggesting a potential shift in market sentiment. Immediate resistance levels are at $0.000024, $0.000026, and $0.000028, while support levels are at $0.000020, $0.000018, and $0.000016.
Relative Strength Index (RSI) at 44 indicates neither overbought nor oversold conditions, allowing room for upward movement. Further analysis reveals a double bottom formation near $0.000021, providing strong support.
This formation, coupled with bullish candlestick patterns, suggests an uptick in buying activity. The 50-day Exponential Moving Average (EMA) at $0.000024 aligns with this bullish sentiment, reinforcing support levels.
The conclusion drawn from these technical indicators is that Bonk exhibits a bullish trend above $0.000021. However, traders should exercise caution as breaking below this threshold could lead to a sharp decline.
The interaction between RSI and 50 EMA indicates the initiation of a buying trend, supported by chart patterns and current price trends.
At the TOKEN 2049 Summit in Singapore, BONK, a meme coin under the US blue-chip public chain Solana, announced that it would launch an ETP and hinted that an ETF might be launched in the future. The token has skyrocketed by more than 8,788% in one year.
AlexManta Network has partnered with BONK to launch a meme-themed campaign. This collaboration aims to build an interconnected meme community and boost user engagement and eligible participants can claim MANTA rewards over the next month.
CatherineBonk (BONK) sees $701.83M trading volume surge, priced at $0.00003435, up 5.86% in 24 hours. Factors: community engagement, positive sentiment. Technical indicators support bullish trend.
Xu LinBonk (BONK) sees a 28% surge to $0.00003243 in 24 hours, driven by anticipation of Ethereum ETF approval. Trading volume spikes 299%. As a Solana-based meme coin, BONK aims for fair dApp ecosystem. Technical indicators hint at potential correction despite bullish sentiment.
Huang BoBithumb's listing of Bonk (BONK) triggers bullish trend in South Korea's crypto market. BONK, Solana's first dog-themed token, surges 9.57% post-announcement. Increased trading volume and market cap indicate growing investor interest. Open Interest up by 13.24%, signaling bullish sentiment.
Huang BoThe emergence of crypto has brought about significant changes across multiple industries, including gambling. But with perks like anonymity, faster transactions, and the likes, will crypto trading become a gambling addiction instead?
KikyoBONK surpasses Floki Inu in market cap after a 103% surge, showing bullish momentum despite recent declines. Social buzz rises, but sentiment dips.
Huang BoSlothana, a new meme coin on Solana, has raised over $10 million in its presale and aims for a $420 million market cap, reminiscent of BONK's success. With a humorous sloth mascot and strong social media presence, Slothana seeks to ride the wave of meme coin mania, potentially replicating BONK's explosive rise in the crypto market.
JoyBONK's price stagnation suggests a possible period of consolidation, with stable trader numbers but declining trade volume. The Relative Strength Index (RSI) is below the overbought stage, indicating market stabilization after a surge in March. Additionally, converging Exponential Moving Averages (EMA) hint at a potential bearish trend. Trading activity has dwindled, with both daily trades and active traders decreasing. If BONK can maintain support levels, its price may stabilize; otherwise, it risks a downturn.
BerniceNorth Korea's cyber espionage targeted a South Korean president's aide's personal emails, revealing breaches in security protocols. The incident underscores the urgent need for enhanced cybersecurity measures and international cooperation to mitigate cyber threats.
JoyNaver and Kakao merge to create Project Dragon Token, a new cryptocurrency set to leverage their extensive user bases. Despite initial challenges, the merger aims to consolidate Asia's blockchain market and inject vitality into the domestic coin industry.
WeatherlyMicrosoft found hackers from Russia, China, and Iran using AI tools from OpenAI for spying. Microsoft then banned these groups from accessing its AI products, stressing the need for better cybersecurity.
JoyDisney aims to tackle ticket fraud with a blockchain-based patent application, ensuring secure ticketing experiences. Industry experts highlight the potential of blockchain to enhance transparency and authenticity in Disney's ticketing system.
MiyukiWWE partners with Panini to introduce digital trading cards featuring wrestling icons on the blockchain, offering fans a new way to collect and engage with their favourite stars. Despite initial setbacks, WWE's venture into the NFT space holds promise for fans and collectors, with affordable pricing and plans for future releases.
WeiliangRevolutApp introduces $BONK incentive programme to educate users about crypto, pending DAO Council approval. The initiative aims to make crypto learning fun and accessible, highlighting the community-driven nature of the Solana ecosystem.
JoyPushd (PUSHD) has attracted significant investment from an anonymous investor, offering tokens at a competitive price in its presale stage, fueling speculation of a potential 20x increase and highlighting its promise in the crypto market as a decentralised peer-to-peer marketplace.
WeatherlyThe potential for AI cooperation between the US and China is hampered by underlying distrust and competition, particularly in military applications and content transparency. Despite efforts to establish common ground, challenges persist, highlighting the need for concerted efforts to address geopolitical tensions and foster mutual understanding.
WeiliangBitcoin hits $50k, bringing profits for investors, while Cardano whales explore Rebel Satoshi for new opportunities, presenting a promising investment frontier with its innovative features and strong community support.
MiyukiWorldcoin's token value surged after launching Sora, an AI model for video generation. The project aims to provide global identity inclusion through blockchain, facing competition and privacy concerns amidst its rapid growth.
Weatherly