{"id":568888,"date":"2024-01-10T11:46:25","date_gmt":"2024-01-10T11:46:25","guid":{"rendered":"https:\/\/uniquehot.com\/?p=568888"},"modified":"2024-01-10T11:46:25","modified_gmt":"2024-01-10T11:46:25","slug":"crypto-chaos-meets-bonk-bliss-15-rally-bucks-the-trend","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/crypto-chaos-meets-bonk-bliss-15-rally-bucks-the-trend\/","title":{"rendered":"Crypto Chaos Meets BONK Bliss: 15% Rally Bucks The Trend"},"content":{"rendered":"

In a market dominated by red arrows, one Solana-based meme coin is swimming against the tide. BONK, the self-proclaimed “first Solana dog coin,” has soared a staggering 15% in the past 24 hours, emerging as a beacon of green amidst a sea of plummeting peers.<\/p>\n

While Dogecoin and Shiba Inu wallow in double-digit losses, BONK has bucked the downtrend,<\/a> leaving investors wondering if this canine crusader has the bite to back its bark.<\/p>\n

But BONK’s bullish gallop isn’t an isolated thing. This week has seen the meme coin rise 10%, propelling its value to $0.00001363 \u2013 a testament to its impressive medium-term momentum.<\/p>\n

Related Reading: Is Stacks The New Safe Haven? STX Soars 16% In Turbulent Market<\/a><\/div>\n

\"\"<\/h2>\n

Positive Forecast For BONK<\/strong><\/h2>\n

Analysts predict this positive trajectory to continue, especially if tomorrow’s highly anticipated decision by the US Securities and Exchange Commission (SEC) on Bitcoin ETFs paves the way for a broader market bull run.<\/p>\n

In such a scenario, BONK’s potential for disproportionate gains, even eclipsing Shiba Inu’s, is a tantalizing prospect for risk-tolerant investors.<\/p>\n

Fueling BONK’s ascent is a potent cocktail of positive factors. Its social engagement has nearly doubled, sparking a buzz that translates into tangible market momentum.<\/p>\n

Trading volumes have skyrocketed 130%, reaching a staggering $285 million in the past day \u2013 more than twice that of Shiba Inu, showcasing the surging interest from retail investors.<\/p>\n

Bonk currently trading at $0.0000150609 territory. Chart: TradingView.com<\/a><\/pre>\n
This surge in activity has catapulted BONK’s market cap past $800 million, cementing its place as the 81st largest digital asset, a remarkable feat for a relatively young project.<\/p>\n
Further driving BONK’s appeal is its upcoming listing on OKX, a leading global cryptocurrency exchange. This strategic move promises to broaden BONK’s reach and expose it to a wider audience, particularly within the Solana ecosystem.<\/p>\n
The potential surge in investor interest this listing could trigger could be a significant catalyst for future price appreciation.<\/p>\n
BONK Technical Overview<\/strong><\/h2>\n
Technical indicators add to the optimistic picture. BONK currently dances above both the 10-day and 200-day Simple Moving Averages (SMAs), signaling robust buying pressure.<\/p>\n
The 20-day Exponential Moving Average (EMA) sits comfortably above the 50-day EMA, reinforcing the upward trend. And for good measure, the Chaikin Money Flow index flashes a bullish $0.20, painting a picture of healthy and sustained buying interest.<\/p>\n
\"\"<\/p>\n
BONK\/USD 4-hour chart. Source: Tradingview<\/a><\/pre>\n
However, as with any cryptocurrency, caution is paramount. Meme coins are notorious for their volatility, and BONK’s recent gains are no guarantee of future glory.<\/p>\n
Regulatory uncertainties surrounding the SEC’s decision further cloud the outlook. Additionally, BONK’s fortunes remain tied to the overall health of the cryptocurrency market.<\/p>\n
Related Reading: AVAX Smashes South: Can Avalanche Find Traction After 15% Plunge?<\/a><\/div>\n
Despite these caveats, BONK’s performance stands out like a sore thumb in the current market landscape.<\/p>\n
Its technical indicators, combined with its growing social buzz and strategic moves like the OKX listing, present a compelling case for the meme coin’s continued ascent.<\/p>\n
Whether BONK dethrones Shiba Inu to become the king of meme coins remains to be seen, but one thing’s for sure \u2013 this Solana underdog is barking loud enough to turn heads in the crypto arena.<\/p>\n
Featured image from Freepik<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
In a market dominated by red arrows, one Solana-based meme coin is swimming against the tide. BONK, the self-proclaimed “first Solana dog coin,” has soared a staggering 15% in the past 24 hours, emerging as a beacon of green amidst a sea of plummeting peers. While Dogecoin and Shiba Inu wallow in double-digit losses, BONK has bucked the downtrend, leaving investors wondering if this canine crusader has the bite to back its bark. But BONK’s bullish gallop isn’t an isolated thing. This week has seen the meme coin rise 10%, propelling its value to $0.00001363 \u2013 a testament to its impressive medium-term momentum. Related Reading: Is Stacks The New Safe Haven? STX Soars 16% In Turbulent Market Positive Forecast For BONK Analysts predict this positive trajectory to continue, especially if tomorrow’s highly anticipated decision by the US Securities and Exchange Commission (SEC) on Bitcoin ETFs paves the way for a broader market bull run. In such a scenario, BONK’s potential for disproportionate gains, even eclipsing Shiba Inu’s, is a tantalizing prospect for risk-tolerant investors. Fueling BONK’s ascent is a potent cocktail of positive factors. Its social engagement has nearly doubled, sparking a buzz that translates into tangible market momentum. Trading volumes have skyrocketed 130%, reaching a staggering $285 million in the past day \u2013 more than twice that of Shiba Inu, showcasing the surging interest from retail investors. Bonk currently trading at $0.0000150609 territory. Chart: TradingView.com This surge in activity has catapulted BONK’s market cap past $800 million, cementing its place as the 81st largest digital asset, a remarkable feat for a relatively young project. Further driving BONK’s appeal is its upcoming listing on OKX, a leading global cryptocurrency exchange. This strategic move promises to broaden BONK’s reach and expose it to a wider audience, particularly within the Solana ecosystem. The potential surge in investor interest this listing could trigger could be a significant catalyst for future price appreciation. BONK Technical Overview Technical indicators add to the optimistic picture. BONK currently dances above both the 10-day and 200-day Simple Moving Averages (SMAs), signaling robust buying pressure. The 20-day Exponential Moving Average (EMA) sits comfortably above the 50-day EMA, reinforcing the upward trend. And for good measure, the Chaikin Money Flow index flashes a bullish $0.20, painting a picture of healthy and sustained buying interest. BONK\/USD 4-hour chart. Source: Tradingview However, as with any cryptocurrency, caution is paramount. Meme coins are notorious for their volatility, and BONK’s recent gains are no guarantee of future glory. Regulatory uncertainties surrounding the SEC’s decision further cloud the outlook. Additionally, BONK’s fortunes remain tied to the overall health of the cryptocurrency market. Related Reading: AVAX Smashes South: Can Avalanche Find Traction After 15% Plunge? Despite these caveats, BONK’s performance stands out like a sore thumb in the current market landscape. Its technical indicators, combined with its growing social buzz and strategic moves like the OKX listing, present a compelling case for the meme coin’s continued ascent. Whether BONK dethrones Shiba Inu to become the king of meme coins remains to be seen, but one thing’s for sure \u2013 this Solana underdog is barking loud enough to turn heads in the crypto arena. Featured image from Freepik<\/p>\n","protected":false},"author":557,"featured_media":568899,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[87477,87478,87479,87481,6664,85699],"class_list":["post-568888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bonk","tag-bonk-inu","tag-bonk-price","tag-bonkusd","tag-crypto","tag-memecoin"],"acf":[],"yoast_head":"\nCrypto Chaos Meets BONK Bliss: 15% Rally Bucks The Trend<\/title>\n<meta name=\"description\" content=\"In a market dominated by red arrows, one Solana-based meme coin is swimming against the tide. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Chaos Meets BONK Bliss: 15% Rally Bucks The Trend","url":"http:\/\/uniquehot.com\/news\/crypto-chaos-meets-bonk-bliss-15-rally-bucks-the-trend\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/crypto-chaos-meets-bonk-bliss-15-rally-bucks-the-trend\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/a-62.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/a-62.png?fit=974%2C646"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bonk","bonk inu","bonk price","bonkusd","crypto","memecoin"],"dateCreated":"2024-01-10T11:46:25Z","datePublished":"2024-01-10T11:46:25Z","dateModified":"2024-01-10T11:46:25Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Chaos Meets BONK Bliss: 15% Rally Bucks The Trend\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/crypto-chaos-meets-bonk-bliss-15-rally-bucks-the-trend\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/crypto-chaos-meets-bonk-bliss-15-rally-bucks-the-trend\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/a-62.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/a-62.png?fit=974%2C646\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bonk\",\"bonk inu\",\"bonk price\",\"bonkusd\",\"crypto\",\"memecoin\"],\"dateCreated\":\"2024-01-10T11:46:25Z\",\"datePublished\":\"2024-01-10T11:46:25Z\",\"dateModified\":\"2024-01-10T11:46:25Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/a-62.png?fit=974%2C646","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/568888"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=568888"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/568888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/568899"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=568888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=568888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=568888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}