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Multiple Rejections In Bonk Price: What Will Drive It To Highs?
BONK has declined to lows after forming a double top. The sentiment is bullish according to analysts. Bonk coin is built on the Solana platform and was launched on 8 February 2020. It hit its all-time high price of $0.00004704 four months ago. At press time, the trading price of the coin is down by 44% from its ATH. Bonk has 15.5K holding addresses, and its top 10 holders have 75.13% of the supply. Also, the largest holder has 75.261 Billion BONKs, which is 37% of the coin’s circulation supply. BONK’s volatility has been high, resulting in 7.29%, which shows a possibility of uncertain spikes in the price. Additionally, the coin has a strong market presence followed by a market cap dominance of 0.08%. The maximum supply of the coin is certainly high, and the supply inflation is huge (44.55%). This shows a huge deflation in the price of the coin over time. The fear and greed index of the Bonk coin is at 65, which shows greed among the coin investors. The coin has huge liquidity, followed by a volume/market cap ratio of 25.23%. BONK Coin Derivatives Data Analysis An 80% surge in the derivatives trading volume of the coin was recorded in the last 24 hours. This has resulted in a traded value of $126.44 Million, following which the open interest advanced by 16.5%.
BONK Coin Derivatives Liquidation Chart: The liquidation chart of the BONK coin shows a surge in short liquidations over the last few days. Also, in the previous 24 hours, the recorded short liquidation of the coin is worth $165.55K, against which the long liquidations of the coin are worth $90.13K. This shows that buyers are taking over. BONK Coin Technical Analysis The crypto has demonstrated remarkable resilience, sustaining above a dynamic trendline for over five months. This trendline has provided support repeatedly, underscoring its significance in maintaining price stability.
BONK Coin Daily Price Chart | Source: Tradingview Recently, the chart displayed a double-top formation at higher levels, which initially led to a decline in price. Following this dip, the price again found support at the dynamic trendline. At the time of writing, the coin experienced buying pressure after rebounding from the dynamic trendline. This has formed a bullish candlestick pattern, indicating a potential upward momentum. BONK is approaching the downtrend ATR of the Supertrend. An uptrend could follow if this level is breached, marking a significant shift in the coin’s price trajectory. BONK broke above the 20-day and 50-day EMAs on the daily chart. Despite this upward movement, a death cross remains visible. If the price continues to sustain above these EMAs, a golden cross would be likely. The MACD and the signal line exhibited a golden cross, though other metrics continued to trade negatively. The histograms on the MACD indicator further support a bullish sentiment, suggesting that an upward trend may be on the horizon. The RSI has been trading at 54 and advanced above the 14-day SMA. This shows a possibility of a rise in the bullish momentum of the coin. BONK has faced multiple rejections, yet it remains resilient, sustaining above a crucial trendline. Although technical indicators like the MACD and RSI suggest potential bullish momentum, the presence of a death cross and high volatility signal uncertainty. Investors are cautious, watching for a breakout above key resistance levels.
The support levels for BONK are $0.0000130 and $0.0000180, followed by the resistances of $0.0000420 and $0.0000550. Disclaimer This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
Like PEPE and DOGE, BONK is a meme coin inspired by internet memes, jokes, and satire. Meme coins are not designed with a specific use case in mind, but rather as a way to express humor, creativity, and social commentary through cryptocurrency.While BONK is similar to DOGE and SHIB in that it features a cute dog as its mascot and logo, it differs from them in several ways. 1. BONK is built on Solana. Referred to as the ‘Ethereum killer’ when it launched, Solana is a fast, scalable, and low-cost blockchain platform that supports smart contracts and decentralized applications with over 400 dApps currently running on its network (Solana is also home to 2024’s other stellar performer Dogwifhat). 2. BONK was launched with a massive airdrop on December 25, 2022, as a Christmas gift to the Solana community. 50% of the total supply of 100 trillion coins was distributed to Solana users who contributed to the development and growth of the network in some way. This included artists, creators, developers, NFT collectors, and active community members. The airdrop was done randomly and anonymously, without any pre-announcement or marketing. 3. BONK’s integration with the Solana ecosystem. BONK’s whitepaper outlines its ambition to become the “community coin of Solana,” used across numerous decentralized applications. The project aims to challenge the dominance of “predatory VC tokens” by empowering the wider Solana community. This is evident in its approach to airdropping 50% of its total supply. The 1-year correlation between SOL and BONK currently sits at 0.76. The coin is accepted as a payment option for NFTs on several platforms, such as OpenBook and Orca. It is also used as an incentive for staking NFTs on platforms like SolFarm and BonkStake. Moreover, BONK is listed on several popular crypto exchanges that support Solana-based tokens, such as Coinbase, Binance and Serum. Tokenomics of BONK Market Position: As of March June 9th 2024, BONK is the sixth-largest meme coin by market cap (at $1,891,124,036), following DOGE, Shiba Inu, PEPE, WIF and FLOKI and the 54th largest crypto overall. Impressive Growth: BONK has seen an extraordinary increase of over 7000% year-on-year. Supply Details: The coin has a maximum supply of 100 trillion, with 65 trillion in circulation as of mid-March 2024. What makes BONK unique? BONK has several features that make it stand out from other meme coins. One of them is its community-driven nature. The team behind BONK does not have any control over the coin’s supply or direction. Instead, they have delegated 15% of the total supply to a decentralized autonomous organization (DAO) called Bonk DAO. The Bonk DAO is responsible for making decisions regarding the future development and governance of BONK. Anyone who holds BONK tokens can participate in the Bonk DAO by voting on proposals or submitting their own ideas. The recent burn vote is good example of the Bonk community working together to increase BONK’s value. How and Where to Buy BONK? BONK can be purchased on centralized exchanges (CEX) like Coinbase, Crypto.com, Kraken, KuCoin, Binance, OKX and decentralized exchanges (DEX) such as Raydium, Orca, and BonkSwap. Ethereum users can also gain exposure to BONK through Wrapped BONK tokens. $BONK Current price: $0.00001866 Ratio : 6.08%
According to the latest data gathered, the current price of Bonk is $0.000032, and BONK is presently ranked No. 55 in the entire crypto ecosystem. The circulation supply of Bonk is $2,038,773,562.73, with a market cap of 63,823,117,391,692 BONK.
In the past 24 hours, the crypto has increased by $0.0000007 in its current value.
For the last 7 days, BONK has been in a good upward trend, thus increasing by 33.7%. Bonk has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of BONK has increased by 50.92%, adding a colossal average amount of $0.000016 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow. $BONK #Bonkers #BinanceSquareFamily
#BONK #Prediction #BinanceSquareFamily With a positive market trend seen last month (with the price of BONK gaining 44.32%), Bonk is expected to prolong the trend in October. The projected monthly trading range is between $ 0.00002379 and $ 0.00008015, with the average monthly value sitting at $ 0.00004780, which would be a 193.34% increase compared to the previous month. This could offer investors a potential return of 240.87%. $BONK
A pseudonymous person or group operating under the name Satoshi Nakamoto created Bitcoin (BTC). Nakamoto released Bitcoin’s white paper in 2008 and launched its network in 2009. Who is Satoshi Nakamoto? A number of theories exist, including that the Bitcoin creator is Nick Szabo, Hal Finney, Craig Wright or Vili Lehdonvirta. Finney corresponded with Nakamoto in Bitcoin’s early days via email, but the pseudonymous figure’s identity remains unknown. Nakamoto vanished around 2011. Satoshi Nakamoto’s net worth is possibly quite large. The pseudonymous entity holds 1 million BTC, based on theories. Satoshi Nakamoto Satoshi Nakamoto is the name used by a person or a group of persons claiming to be behind the creation of Bitcoin. The name was originally used to describe the author of the Bitcoin’s original white paper back in 2008. Nakamoto persona also created the bitcoin talk forum and the first blockchain database, only to fully retreat from the public eye by 2010. The mystery of Nakamoto’s true identity has kept a tight grip over the crypto community like no similar news before. Over the past few years, several persons claimed to either be Satoshi Nakamoto or to at least hold knowledge of his identity. The first were collectively described as Faketoshis while the latter seem to always find a reason not to reveal the real Nakamoto’s identity. #BinanceSquareFamily #satoshiGiftCards #Haider
BREAKING: #Happynews #freeplastine Iran Issues Chilling Warning After Missile Strike 🇮🇷 In a powerful retaliation move, Iran has confirmed that its missile strike on Israel was in direct response to the assassination of key figures Martyr Haniyeh, Seyed Hassan Nasrallah, and Sardar Nilforoshan. Iran has made it clear: “Any response from the Zionist regime will result in even more devastating attacks.” ⚠️ Key Points to Watch: Retaliation Confirmed: Iran’s missile strike was a direct response to the loss of its leaders. Serious Threat: If Israel retaliates, Iran has warned that its next strikes will be far more destructive. Escalating Conflict: This heightens the risk of a larger-scale conflict in an already tense region. 🌍 The Middle East is on the edge, and the stakes have never been higher. Stay informed as the situation evolves and global tensions rise. Updates will follow.
2024/09/24. BONK Price Today BONK price equal to 0.00001772 dollars a coin. Today's traded price range: 0.00001718 - 0.00001809. The previous day close: 0.00001763. The change was +0.00000009, +0.51%. Inverse rate. BONK price prediction on Wednesday, September, 25: price 0.00001817 dollars, maximum 0.00001944, minimum 0.00001690. BONK forecast on Thursday, September, 26: price 0.00001691 dollars, maximum 0.00001809, minimum 0.00001573. BONK price prediction on Friday, September, 27: price 0.00001698 dollars, maximum 0.00001817, minimum 0.00001579. BONK forecast on Monday, September, 30: price 0.00001763 dollars, maximum 0.00001886, minimum 0.00001640. In 1 week BONK price prediction on Tuesday, October, 1: price 0.00001836 dollars, maximum 0.00001965, minimum 0.00001707. BONK forecast on Wednesday, October, 2: price 0.00001878 dollars, maximum 0.00002009, minimum 0.00001747. BONK price prediction on Thursday, October, 3: price 0.00001919 dollars, maximum 0.00002053, minimum 0.00001785. BONK forecast on Friday, October, 4: price 0.00001892 dollars, maximum 0.00002024, minimum 0.00001760. BONK price prediction on Monday, October, 7: price 0.00001809 dollars, maximum 0.00001936, minimum 0.00001682. In 2 weeks USD to BONK prediction on Tuesday, October, 8: price 56915.20 coins, maximum 61199.51, minimum 53191.49. Dollar to BONK forecast on Wednesday, October, 9: price 54975.26 coins, maximum 59101.65, minimum 51387.46. USD to BONK prediction on Thursday, October, 10: price 53361.79 coins, maximum 57372.35, minimum 49875.31. Dollar to BONK forecast on Friday, October, 11: price 55555.56 coins, maximum 59737.16, minimum 51921.08. USD to BONK prediction on Monday, October, 14: price 55401.66 coins, maximum 59559.26, minimum 51786.64.
In 3 weeks Dollar to BONK forecast on Tuesday, October, 15: price 52826.20 coins, maximum 56818.18, minimum 49358.34. USD to BONK prediction on Wednesday, October, 16: price 51177.07 coins, maximum 55035.77, minimum 47824.01. Dollar to BONK forecast on Thursday, October, 17: price 50994.39 coins, maximum 54824.56, minimum 47664.44. USD to BONK prediction on Friday, October, 18: price 50890.59 coins, maximum 54734.54, minimum 47551.12. Dollar to BONK forecast on Monday, October, 21: price 54200.54 coins, maximum 58275.06, minimum 50658.56. In 4 weeks USD to BONK prediction on Tuesday, October, 22: price 53248.14 coins, maximum 57240.98, minimum 49776.01. Dollar to BONK forecast on Wednesday, October, 23: price 56401.58 coins, maximum 60642.81, minimum 52714.81. USD to BONK prediction on Thursday, October, 24: price 53022.27 coins, maximum 57012.54, minimum 49554.01. USD to BONK prediction for September 2024. In the beginning price at 56433.41 coins. High price 63572.79, while low 51440.33. The averaged price 57042.01. The USD to BONK forecast at the end of the month 56721.50, change for September 0.5%. Dollar to BONK forecast for October 2024. In the beginning price at 56721.50 coins. High price 61349.69, while low 47551.12. The averaged price 55585.95. The USD to BONK forecast at the end of the month 56721.50, change for October 0.0%. USD to BONK prediction for November 2024. In the beginning price at 56721.50 coins. High price 72621.64, while low 56721.50. The averaged price 63396.65. The USD to BONK forecast at the end of the month 67521.94, change for November 19.0%. Dollar to BONK forecast for December 2024. In the beginning price at 67521.94 coins. High price 67521.94, while low 54406.96. The averaged price 61914.52. The USD to BONK forecast at the end of the month 58207.22, change for December -13.8%. USD to BONK prediction for January 2025. In the beginning price at 58207.22 coins. High price 74515.65, while low 58207.22. The averaged price 65057.54. The USD to BONK forecast at the end of the month 69300.07, change for January 19.1%. Dollar to BONK forecast for February 2025. In the beginning price at 69300.07 coins. High price 69300.07, while low 55834.73. The averaged price 63543.01. The USD to BONK forecast at the end of the month 59737.16, change for February -13.8%. USD to BONK prediction for March 2025. In the beginning price at 59737.16 coins. High price 63291.14, while low 55005.50. The averaged price 59222.99. The USD to BONK forecast at the end of the month 58858.15, change for March -1.5%. Dollar to BONK forecast for April 2025. In the beginning price at 58858.15 coins. High price 58858.15, while low 47415.84. The averaged price 53966.95. The USD to BONK forecast at the end of the month 50735.67, change for April -13.8%. USD to BONK prediction for May 2025. In the beginning price at 50735.67 coins. High price 50735.67, while low 40883.07. The averaged price 46524.74. The USD to BONK forecast at the end of the month 43744.53, change for May -13.8%. Dollar to BONK forecast for June 2025. In the beginning price at 43744.53 coins. High price 43744.53, while low 35236.08. The averaged price 40108.13. The USD to BONK forecast at the end of the month 37707.39, change for June -13.8%. USD to BONK prediction for July 2025. In the beginning price at 37707.39 coins. High price 37707.39, while low 30385.90. The averaged price 34577.61. The USD to BONK forecast at the end of the month 32509.75, change for July -13.8%. Dollar to BONK forecast for August 2025. In the beginning price at 32509.75 coins. High price 34305.32, while low 29824.04. The averaged price 32136.80. The USD to BONK forecast at the end of the month 31908.10, change for August -1.9%. USD to BONK prediction for September 2025. In the beginning price at 31908.10 coins. High price 33366.70, while low 28993.91. The averaged price 31323.93. The USD to BONK forecast at the end of the month 31026.99, change for September -2.8%. Dollar to BONK forecast for October 2025. In the beginning price at 31026.99 coins. High price 31026.99, while low 24993.75. The averaged price 28448.21. The USD to BONK forecast at the end of the month 26745.12, change for October -13.8%. USD to BONK prediction for November 2025. In the beginning price at 26745.12 coins. High price 28530.67, while low 24795.44. The averaged price 26650.87. The USD to BONK forecast at the end of the month 26532.24, change for November -0.8%. Dollar to BONK forecast for December 2025. In the beginning price at 26532.24 coins. High price 26532.24, while low 22644.93. The averaged price 24985.02. The USD to BONK forecast at the end of the month 24230.68, change for December -8.7%. USD to BONK prediction for January 2026. In the beginning price at 24230.68 coins. High price 24230.68, while low 19523.62. The averaged price 22218.72. The USD to BONK forecast at the end of the month 20889.91, change for January -13.8%. Dollar to BONK forecast for February 2026. In the beginning price at 20889.91 coins. High price 26737.97, while low 20889.91. The averaged price 23346.81. The USD to BONK forecast at the end of the month 24869.44, change for February 19.1%. USD to BONK prediction for March 2026. In the beginning price at 24869.44 coins. High price 29256.88, while low 24869.44. The averaged price 26551.66. The USD to BONK forecast at the end of the month 27210.88, change for March 9.4%. Dollar to BONK forecast for April 2026. In the beginning price at 27210.88 coins. High price 27210.88, while low 21925.02. The averaged price 24951.11. The USD to BONK forecast at the end of the month 23457.66, change for April -13.8%. USD to BONK prediction for May 2026. In the beginning price at 23457.66 coins. High price 26609.90, while low 23126.73. The averaged price 24485.16. The USD to BONK forecast at the end of the month 24746.35, change for May 5.5%. Dollar to BONK forecast for June 2026. In the beginning price at 24746.35 coins. High price 31685.68, while low 24746.35. The averaged price 27660.54. The USD to BONK forecast at the end of the month 29463.76, change for June 19.1%. USD to BONK prediction for July 2026. In the beginning price at 29463.76 coins. High price 29463.76, while low 24987.51. The averaged price 27663.25. The USD to BONK forecast at the end of the month 26737.97, change for July -9.3%. Dollar to BONK forecast for August 2026. In the beginning price at 26737.97 coins. High price 33200.53, while low 26737.97. The averaged price 29387.55. The USD to BONK forecast at the end of the month 30873.73, change for August 15.5%. USD to BONK prediction for September 2026. In the beginning price at 30873.73 coins. High price 34806.82, while low 30257.19. The averaged price 32077.67. The USD to BONK forecast at the end of the month 32372.94, change for September 4.9%. $BONK #BinanceSquareFamily #BONK🔥🔥 #Predictionexpert #Haider
Bitcoin Price Analysis: Hidden Threat Signals Pullback: Will Bitcoin Drop Below $60,000 Again? by Haider
The post Bitcoin Price Analysis: Hidden Threat Signals Pullback. Will Bitcoin Drop Below $60,000 Again? appeared first on Coinpedia Fintech News. There is a major hidden warning signal currently appearing on the Bitcoin charts, signaling potential challenges ahead. According to Crypto World analyst Josh, even though the price looks solid in the short term, there is a hidden bearish divergence that could signal a continuation of the larger bearish trend.
Airdrop Hamster Bans All Cheaters After Snapshot Announcement 🚫🐹
In an unexpected move that surprised many followers 😲, the Airdrop Hamster platform announced that it had made the bold decision to ban all cheaters who participated in the first season of the campaign. The announcement was made after the official snapshot 📸, which was used to determine the qualifiers and reward recipients 🏆, was taken. This decision surprised and confused the digital community. While everyone was expecting certain discounts or the loss of some keys 🔑 as a penalty for cheating, the final ban came as a surprise.
Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading
Crypto markets have made a habit over the past few weeks of declining as U.S. traditional markets open, underscoring a general risk-off sentiment among American investors. Cryptocurrencies sold off once again early in the U.S. trading session on Wednesday with bitcoin (BTC) diving below $56,000. BTC climbed during the Asian and European trading hours from a low of $56,000 after last night's U.S. presidential debate between Kamala Harris and Donald Trump, briefly topping $57,000 following the U.S. CPI inflation report. The price quickly tumbled to $55,600 in little more than an hour following the opening of U.S. stock markets. Bitcoin has bounced a bit since, but remains lower by 2% over the past 24 hours. The broad-market crypto benchmark CoinDesk 20 Index also fell over 2% during the same period, with altcoin majors solana (SOL), avalanche (AVAX), and artificial intelligence-focused tokens near (NEAR) and render (RNDR) sliding 4%-7%. It's been a trend for weeks now that bitcoin and other digital assets declining around the traditional U.S. market opening, pointing to a general risk-off sentiment among American investors. Indeed, U.S. stocks started the day weak, with the S&P 500 and the tech-focused Nasdaq 100 1.6% and 1.3% lower, respectively, at 11 a.m. ET. Perhaps contributing to negative action was a renewed rise overnight in the value of the Japanese yen. At 141 to the U.S. dollar, the yen today now stands higher than it was in early August, when its sharp rise forced a quick reversal of yen-carry trades, apparently a major cause of a panicky mini-crash in traditional and crypto markets. $BTC
Indonesian Crypto Exchange Indodax Hacked for $22M; Pauses Activity Before Bigger Hit
The exchange is focused on the Indonesian market and recorded $11 million in trading volumes on Monday. Indodax was hacked with over $22 million worth of various tokens stolen. The exchange confirmed the security breach by pausing platform operations for "maintenance." However, there were indications of compromised social media activities, such as a suspicious giveaway announced on Instagram, suggesting further security issues. Indonesia-based crypto exchange Indodax was hacked for over $22 million worth of various tokens early Tuesday in an apparent attack on their hot wallets, security researchers said on X. Over $14 million worth of tokens including ether (ETH), $2.4 million in Tron’s TRX, $1.4 million in bitcoin (BTC) and $2.5 million in Polygon’s MATIC, among smaller amounts of other tokens, were stolen in the attack, security firm Slowmist and CertiK said. The stolen stash was a relatively small amount as the exchange’s wallets continue to hold over $400 million worth of various tokens, Arkham data shows. Indodax is a centralized cryptocurrency exchange established in 2014 and targets the local Indonesian market. It traded over $11 million worth of cryptocurrencies in the past 24 hours, CoinGecko data shows, and offers all tokens against the Indonesian rupiah, which is worth 15,409 IDR per U.S. dollar as of Tuesday. Indodax confirmed the attack on their X account early Tuesday, stating that platform operations were paused due to “maintenance” activities. However, several users on X and the exchange’s Telegram channel claimed they could no longer see wallet balances. While platform operations remain paused, Indodax’s X account is touting a “giveaway” of Indonesian rupiah on their Instagram page - suggesting it may be compromised. The exact mechanism of the attack remains to be determined and is not publicly known as of European morning hours.