Nobody lost money because they didn't but anything. Any money is gain.
Kenneth Willwerth cd8g
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$BIO is no longer interesting. The devaluation happened very quickly, in 30 minutes it went from a high of $5.40 to $4.33 without a chance, many people have already lost money.
$BONK , the meme-inspired cryptocurrency, has seen a modest 0.5% increase in the past 24 hours, currently trading at $0.00003175, despite the broader crypto market experiencing a 1% dip. However, the token remains down by 12% over the past week, 31% for the month, and a staggering 45% from its November 20 peak of $0.00005825.
As part of its "BURNmas" initiative, BONK’s DAO has announced plans to burn at least 1 trillion tokens by December 25, with projections now suggesting the burn could reach 1.6 trillion BONK. This initiative, aimed at bolstering the token’s value, has the community rallying behind the cause, incentivized by activities such as burning 100,000 BONK for every tweet with the hashtag #LetsBONK. While this burn represents just 1.7% of $BONK ’s total supply and 2.2% of its circulating supply, it’s a symbolic move that may reinvigorate investor sentiment.
Technically, BONK’s charts signal a potential recovery. The RSI is bouncing back from oversold levels, while the 30-period moving average appears to be stabilizing relative to the 200-period average. Despite a concerning drop in trading volume compared to November’s highs, these indicators hint at a possible upward trajectory in the coming weeks. Optimists in the community speculate that BONK could reclaim $0.000050 by early 2025, with a stretch target of $0.00010 by mid-year.
Although the current burn and promotional activities haven’t yet ignited significant price movements, factors like an expected market resurgence tied to broader political and legislative developments in early 2025 could provide the catalyst $BONK needs. For now, the crypto’s loyal community is betting on its long-term potential, with some daring to dream of its ambitious price goal of $0.11. #BONK🔥🔥 #burn #BTCNextMove
🔥🚀 Upcoming $BONK Token Burn: What You Need to Know 🐕💥
The BONK community is going wild 🎉 as the highly anticipated token burn 🔥 approaches! Known as one of the hottest meme-inspired cryptocurrencies 🐕🔥, BONK is once again making waves 🌊 in the crypto world. This burn, designed to permanently reduce the circulating supply 📉, aims to increase scarcity ✨ and potentially boost the token’s value 💰.
🪓 What Is a Token Burn? 🔥:
A token burn means permanently removing tokens from circulation 🚫 by sending them to an inaccessible wallet 💀. This reduction in supply can create scarcity 🪙, making the remaining tokens more valuable 🚀. It’s a proven strategy that many projects use to reward holders 🙌 and attract new investors 💼.
📢 Details of the BONK Burn 🐕🔥:
The BONK team has announced plans to burn a significant percentage of the token supply 💥, although the exact numbers are still under wraps 🤐. This community-driven initiative is all about making BONKstronger 💪 and more sustainable 🌱. It’s a win-win for current holders 🏆 and future investors 🤑 alike.
💡 Why Is This Important? 🤔:
This burn isn’t just about reducing supply—it’s about showing the project’s dedication to growth 📈 and long-term value 💎. For holders, it could mean increased scarcity ⬇️ and potentially higher prices 🔺. For newcomers, it’s a sign that BONK is serious about its future 🌟.
🔜 What’s Next for BONK? 🚀🐾:
As the burn date nears 🗓️, excitement is building 🔥. This event is expected to coincide with other major updates, including new partnerships 🤝, platform upgrades ⚙️, and exciting use cases for BONK📱.
Stay tuned 📡 for official announcements 📢 from the BONK team. Whether you’re already part of the pack 🐕🦺 or thinking of joining 🐾, this is a moment you won’t want to miss!
⚠️ Reminder: Always do your own research (DYOR) before investing! 🧐🔍
#ReboundRally not sure if rally is continue but I liked what was going on yesterday and if we continue like thst we may see smth good in upcoming weeks 🤩🤩
This may explain why the BONK price hasn't responded to BURNmas given these tiny amounts. " - WHAT? IT HASN'T HAPPENED YET WHat are you talking about..?
koinmilyoner
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Bullish
BONK Targets 1 Trillion Burn by Christmas—Could Prices Explode 300,000%?
Bonk has increased 0.5% in 24 hours to $0.00003175 while the cryptocurrency market dips 1% today.
The meme currency has fallen 12% in a week, 31% in a month, and 45% from its November 20 all-time high of $0.00005825.
With its DAO planning to burn at least 1 trillion BONK by December 25 for its ‘BURNmas’ celebration, Bonk may be making a return.
The BURNmas tracker currently predicts 1.6 trillion BONK will burn, and its inventor claims $0.11 is its long-term price objective.
In addition to burning, Bonk's DAO and team are urging community members to promote the token during BURNmas, which was revealed in a November 15 blog post.
Bonk DAO burns 100,000 BONK for every #LetsBONK tweet during BURNmas.
With 1.6 trillion BONK expected burn, the community seems to be surpassing expectations.
This represents 1.7% of BONK supply and 2.2% of circulation.
This may explain why the BONK price hasn't responded to BURNmas given these tiny amounts.
It's fallen with the market's post-election rally hangover.
Today, BONK's chart shows that its RSI (purple) is rising again after dropping close to 30 a few days ago, suggesting an intermediate bottom.
The coin's 30-period average (orange) may have completed decreasing relative to the 200-period average (blue), and it may rise above the longer-term indicator in the next days and weeks.
BONK's $300 million trading volume is low compared to November's peaks, which is concerning.
The inauguration of Donald Trump next month might boost the market, and crypto-friendly legislation may follow.
BONK may rebound to $0.000050 by Q1 2025 and $0.00010 by Q2.
0.05% of ADA Tokens Will Be Unlocked on December 6th
Cardano will unlock 18,530,000 ADA tokens on December 6th, constituting approximately 0.05% of the currently circulating supply. ADA Info Cardano ADAUSD is a public blockchain platform for smart contracts, similar to Ethereum. Launched in 2017, it was developed by Ethereum co-founder Charles Hoskinson. The Cardano project is known for its emphasis on a research-driven approach, and it was the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach.