Bonk Value Prediction: BONK Pumps 8%, However Consultants Say This New Solana Meme Coin With 12 months Of The Dragon Edge Would possibly Be The Greatest Crypto To Purchase Now

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The Bonk value has pumped 8% within the final 24 hours to commerce at $0.00001368 as of 11:15 p.m. EST on buying and selling quantity that plunged 18% to $172.9 million.

The Bonk value has been range-bound amidst profit-taking in Solana all through January, with an tried breakout in Bonk value stalling as a consequence of a Solana outage.

Regardless of this setback, Bonk’s value momentum continued, bouncing again from a sturdy help degree close to $0.0000098, accompanied by a major surge in buying and selling volumes.

Bonk Value Indicators Bull Rally Rebounding On $0.0000098 Help

Bonk Price

BONKUSD Evaluation by

The BONK value signifies a shift upwards from the help zone at $0.00001286 after a chronic interval of consolidation.

Nevertheless, the bulls confronted rejection at $0.00003552, permitting the bears to take management, exerting downward strain on the worth and inflicting it to retreat to the established help degree at $0.00001342, which has confirmed impenetrable.

This value decline has shaped a descending triangle sample, indicating a possible bearish pattern continuation if the worth breaks beneath the help zone. Nevertheless, if the bulls maintain the bullish momentum, they may propel the worth above the triangle’s higher boundary.

The Bonk value finds help from the 50-day Easy Transferring Common (SMA), offering some respite for the bulls. Nevertheless, if the bears proceed the downtrend, a break beneath the 50-day SMA may pave the best way for a sustained downward pattern, with bulls doubtlessly regrouping across the $0.000005608 degree. 

The Relative Power Index (RSI) displays the prevailing bearish sentiment, because it has declined from 87 to 40, indicating vital bearish strain available in the market.

The MACD reveals indicators of rebounding because the blue line crosses the orange sign line, although it’s nonetheless beneath the impartial place. A sustained upward momentum may see the MACD cross the impartial place to hitch the histogram, which signifies optimistic momentum.

The Bonk Value Prediction

The Bonk value help degree at $0.000009560 seems robust, stopping the bears from additional profiting. This has allowed the bulls to regroup and push the worth upwards. If the momentum sustains, the bulls may push the worth upward to the $0.00003552 resistance degree, representing a possible 180% enhance from the present value.

Nevertheless, if bearish strain continues, there’s a threat of BONK descending beneath the decrease boundary of the descending triangle, doubtlessly reaching the help zone at $0.000005608. 

In the meantime, the surge of meme cash on the Solana blockchain continues to draw worldwide consideration, with names together with Myro, Dogwifhat and Honk all grabbing headlines this 12 months.

SMOG is the most recent Solana meme coin to seize the highlight after its spectacular launch final week on the Jupiter DEX. Traders on the lookout for extra turbocharged positive factors may take into account checking it out.

SMOG Unveils Airdrop: The Subsequent Huge Crypto Giveaway To Watch 

The SMOG token is a newcomer to the Solana blockchain meme coin scene that has rapidly gained reputation and achieved outstanding progress since its launch on the JUP change.

SMOG joins the ranks of sizzling pair meme cash on Solana, positioning itself as a direct challenger to BONK’s dominance with its slogan, “One meme coin to rule all of them.”

The SMOG value has surged by 9.9% up to now 24 hours, reaching a buying and selling worth of $0.07484 as its market capitalization surged to $104 million after it earlier spiked to a brand new ATH.

Closing Name: Purchase $SMOG Now, Obtain The Largest Airdrop Ever

$SMOG guarantees the mom of all airdrops to its traders that may surpass even Jupiter’s monumental $700 million airdrop on Solana that helped mint many millionaires. 

The Smog staff has allotted 35% of the 1.4 billion token provide for the airdrop. All it’s important to do to hitch the airdrop is just purchase and maintain $SMOG.

$SMOG has already constructed a robust group and, as a $SMOG holder you qualify for a portion of a group bounty generated by the marketing campaign, additional incentivizing you to carry onto your tokens.

Jacob Bury, a crypto analyst and YouTuber, says SMOG is a undertaking with a 1000X return potential.

There’s additionally another excuse to purchase SMOG proper now. With markets rallying on the again of the beginning of the Chinese language Lunar 12 months of the Dragon, the Solana-based Smog token is more likely to profit. It’s because the dragon theme of Smog will make it interesting to Chinese language crypto communities.

Smog holders are properly positioned to profit as festive celebrations throughout Chinese language communities world wide attract traders who wish to capitalize on the fortunate enchantment of the season and Smog’s dragon theme.

Loaded with cash from conventional ”crimson packet” items, they’re in very excessive spirits and extra doubtless than ever to speculate their surplus money.

You should purchase the SMOG token on its official web site to be eligible for the historic airdrop quickly. You can even purchase instantly on the Jup DEX.

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