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BONK

BONK reclaims top Solana meme coin spot, dethrones PENGU

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Bonk has retaken its position as Solana’s leading meme coin, reaching a market capitalization of $2.5 billion.

The recent surge was after a community-driven token burn and price increase. Bonk’s (BONK) price of $0.00000328 marks a 3.9% rise over the past 24 hours and a 4.9% increase over the week.

BONK reclaims top Solana meme coin spot, dethrones PENGU - 1
24H BONK price chart

Meanwhile, PENGU trades at $0.03568 with a market cap of $2.27 billion, moving to second place among Solana meme coins.

The “Burnmas” initiative has helped drive BONK’s price movement upward. Through this effort, the BONK DAO burned 1.69 trillion BONK tokens from its multisig wallet.

This has brought the total supply of the Solana (SOL)-based meme coin down from 100 trillion to 91 trillion tokens. This reduction in supply has sparked new buyer interest in the market.

Pudgy Penguins NFT collection shows mixed performance

The Pudgy Penguins ecosystem tells a tale of two markets. While the PENGU token faces pressure, the Pudgy Penguins NFT collection’s floor price data shows strong growth over multiple periods.

The collection has gained 31% in the past week, with even larger increases of 84.2% and 159.5% over 30-day and 60-day timeframes. Year-long performance stands at 110.5%.

BONK reclaims top Solana meme coin spot, dethrones PENGU - 2
Source: Cryptoslam

Trading activity for Pudgy Penguins NFTs has slowed. CryptoSlam reports a 78.2% drop in sales volume over the past week, with transactions reaching $11.86 million.

Market activity has cooled, as reflected in the numbers: only 117 buyers and 107 sellers remained active, marking decreases of 69.92% and 74.09%.

PENGU’s price charts show price swings since its launch. After hitting $0.06845 on Dec. 17, the token fell by 47.8%. While it sits 213.3% above its all-time low of $0.01141 from the same day, the price continues to move in wide ranges.

BONK reclaims top Solana meme coin spot, dethrones PENGU - 3
7D PENGU price chart



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Analyst

Crypto Analyst Says Solana-Based BONK Is In Prime Position For Legendary Rally

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Este artículo también está disponible en español.

Lately, top meme based cryptocurrencies like Shiba Inu (SHIB) and Pepe (PEPE) have been witnessing a spike in their prices. This bullish trend appears to have extended to Solana based meme coin Bonk (BONK), as its price movements has been showing signs of an impending bullish surge. With respect to this, a crypto analyst has suggested that Bonk is currently well-positioned for a significant upward movement. 

Analyst Predicts Legendary Target At $0.000033

Bluntz, a prominent crypto trader and analyst has revealed the next bullish target for Bonk. In an X (formerly Twitter) post on September 30, Bluntz revealed that Bonk is currently in a prime position for a”turbo green week.”

He disclosed that the meme coin had experienced a quick and minor price dip during the week. However, the analyst sees this price decline as a positive sign, suggesting that it creates an opportunity for Bonk to enter a significantly bullish position, potentially triggering a legendary rally. 

Sharing a chart depicting Bonk’s price movements from the past month, Bluntz indicated in his price chart that the meme coin could experience an accelerated price increase to new highs. Presenting an illustration of his predictions of Bonk’s future price movements, the analyst disclosed that the meme coin would rise between the range of $0.000028 and $0.000027 before falling to the support level between $0.000026 and $0.000025. 

BONK 1
Source: X

After this, Bonk is expected to skyrocket to $0.00003, before dropping back to $0.000028. For his final price surge in his projected turbo green week, Bluntz revealed that Bonk will reach a new price high of $0.000033. The analyst also revealed that for Bonk to experience a bullish price breakout, the meme coin will have to undergo three days of essential sideways trading. 

Presently the price of Bonk is trading at $0.00002, reflecting a slight increase of 3.86% in the past week. A jump to projected highs at $0.000033 would require the meme coin to rise by approximately 65% from its current price. 

BONK Set To Outperform PEPE

While maintaining an optimistic outlook on Bonk’s price, Bluntz disclosed that the meme coin may be taking out the meme coin leadership from Pepe. This suggests that as Bonk is gaining more momentum, Pepe’s performance is slowing down after experiencing a significant price increase. 

BONK 2
Source: X

The analyst has identified a “higher low” on the BONK/PEPE chart, which indicates that Bonk is positioning itself for a stronger price rally than Pepe. Typically, a higher low occurs when the price of a cryptocurrency pulls back but maintains its value above its previous low level, signaling a potential continuation of an uptrend.

In the case of Bonk, Bluntz has revealed that it is currently among top meme coins like Dogwifhat (WIF), and Pepe which are presently showing signs of a strong bullish development. Despite this analysis, the cryptocurrency has declined by over 10% in the past 24 hours. 

BONK price chart from Tradingview.com
Price falls to $0.000021 | Source: BONKUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



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Altcoin

Crypto Insider Reveals The Top 4 Altcoins To Buy If You Want To Become A Millionaire (ETFSwap (ETFS), Dogecoin(DOGE), Shiba Inu (SHIB), And Bonk (BONK)

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As the cryptocurrency market continues to evolve, savvy investors are on the lookout for promising altcoins that could lead them to millionaire status. 4 altcoins that are generating buzz among crypto insiders are; ETFSwap (ETFS), Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK)

ETFSwap (ETFS): Transforming Decentralized Finance With Innovative Trading Solutions

ETFSwap (ETFS) is gaining traction in the altcoin space due to its innovative approach to decentralized finance. This altcoin platform offers innovative AI-powered trading tools, including the AI-powered ETF Tracker and ETF Screener, which help users make informed trading decisions by analysing vast amounts of market data and generating filtered insights.

Also, ETFSwap (ETFS) increases a user’s trading potential through perpetual futures contracts, allowing for leveraged trading with up to 10x across all ETFs. This capability greatly improves the potential return on investment.

In addition, to foster trust and secure its users’ data, each ETFSwap (ETFS) project member has successfully undergone a thorough KYC verification by SolidPROOF, a well-known audit platform.

However, as more investors seek diversification, ETFSwap (ETFS) could see significant growth in the altcoin market.

Dogecoin (DOGE): From Meme To Mainstream Contender In The Altcoin Market

Dogecoin (DOGE) began as a meme and has grown into a genuine contender in the altcoin market. DOGE has a devoted following and celebrity endorsements, demonstrating remarkable staying power.

This altcoin’s low transaction fees and quick processing times make it an appealing choice for everyday transactions. As acceptance grows, Dogecoin’s value might explode, consolidating its status as a must-have altcoin.

Investors are more aware of DOGE’s potential, particularly as it gets momentum in mainstream markets. With its unique roots and strong community support, Dogecoin remains one of the most popular altcoins to choose for individuals looking to become millionaires.

Shiba Inu (SHIB): The Rising Star Of Meme Coins With Promising Potential

Shiba Inu (SHIB) has rapidly gained popularity as a meme coin, often referred to as the “Dogecoin killer.” This altcoin features a vibrant community and a robust ecosystem that includes staking and NFTs. 

Its affordability allows investors to buy in without significant capital, making it accessible to many. As interest in meme coins continues to grow, SHIB has the potential to deliver impressive returns. Ongoing developments and increased visibility also contribute to its appeal as a top altcoin. For those looking to capitalize on the meme coin trend, Shiba Inu stands out as a promising investment among the current altcoins available. 

With its unique brand and community-driven initiatives, Shiba Inu continues to capture the attention of crypto enthusiasts everywhere. Whether you’re a seasoned investor or a newcomer, SHIB offers an intriguing opportunity in the ever-evolving landscape of cryptocurrency.

Bonk (BONK): The Emerging Altcoin With Community Spirit And Growth Potential

Bonk (BONK) is one of the newest altcoins capturing attention in the crypto landscape. Designed to be a community-driven token, BONK focuses on rewarding its holders through innovative mechanisms. 

This altcoin’s low market cap presents a unique opportunity for early investors, with the potential for significant upside. As more users discover BONK’s capabilities, it could emerge as a prominent player among altcoins. 

The community aspect of BONK fosters engagement and loyalty, which are crucial for the success of any altcoin. However, for those looking to invest in emerging altcoins, BONK represents an exciting opportunity to get in early on a potentially lucrative project.

Conclusion 

While Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK) offer exciting opportunities for investors aiming to achieve millionaire status. ETFSwap (ETFS) has unique features that set it apart in the competitive altcoin market.

Meanwhile, ETFSwap (ETFS)’s presale offers a great chance to cash in on profit forecasts. You may buy ETFS tokens for $0.01831 or less today with the code “ETFS50” before they rise to $0.03846.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The post Crypto Insider Reveals The Top 4 Altcoins To Buy If You Want To Become A Millionaire (ETFSwap (ETFS), Dogecoin(DOGE), Shiba Inu (SHIB), And Bonk (BONK) first appeared on BTC Wires.



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Altcoin

Crypto Market Movers: 5 Altcoins Making Waves This Bull Run

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As the crypto market heats up in this exciting bull run, five standout altcoins are making significant waves and capturing the attention of savvy investors. ETFSwap (ETFS), Sei (SEI), Pepe (PEPE), Bonk (BONK), and Sui (SUI) are not just riding the bullish momentum but are also setting new benchmarks with their innovative technologies and robust performance.

ETFSwap (ETFS) Tops The Best Altcoins In This Bull run

Industry leaders say ETFSwap (ETFS) is leading altcoins that will profit in this bull run exceeding even its biggest competitors. The platform uses blockchain to create eternal markets and allow 50x leverage trading. ETF staking rewards are high at ETFSwap (ETFS) to optimize earnings in an uninterrupted trading environment. Beginners in crypto can use its simple interface for decentralized financing (DeFi). 

Analysts agree that ETFSwap (ETFS) leads the Crypto ETF movement and leads other altcoins by tokenizing physical assets. This technique offers varied assets and adaptable trading. ETFSwap’s (ETFS) AI-driven ETF Screener and Tracker help investors navigate the turbulent crypto market with real-time data, forecasting algorithms, and sentiment monitoring. 

ETFSwap (ETFS) connects with MiCa-licensed investment businesses to effortlessly incorporate blockchain technology with ETFs. Tokenized assets are also supported by regular financial instruments. 

Additionally, ETFSwap (ETFS) received a compliance certificate from SOLIDProof after KYC verification. The ETFSwap (ETFS) ecosystem will benefit from this breakthrough, giving consumers more privacy, flexibility, and control over their portfolios and investments. This sets it apart from other altcoins like Sei (SEI), Pepe (PEPE), Bonk (BONK), and Sui (SUI). 

Sei (SEI) Price Explosion

Another altcoin that has been making waves in the bull run is Sei (SEI). Sei (SEI) has surged in value by around 4,700% in the past year, and it is currently trading at $0.378. Prominent market analysts predict that after breaking out from a declining wedge pattern, Sei (SEI) may shortly reach $1.30.

Pepe (PEPE): Captivating The Altcoin Community

Pepe (PEPE) is a meme-inspired altcoin that has attracted new investors in the bull run. PEPE has built a strong cryptocurrency community and brand using the Pepe the Frog meme. 

Pepe (PEPE) could hugely profit from the meme coin excitement in the near future. The altcoin has generated buzz among cryptocurrency lovers with investors particularly looking forward to Pepe’s (PEPE) long-term performance and ability to outperform its current value of $0.000013.

Bonk (BONK) Making Waves In The DeFi Space

Bonk (BONK) has quickly acquired traction within the altcoin fan base due to its dog-themed branding and the growing popularity of canine-inspired cryptocurrencies. Bonk (BONK) possesses the capability to capitalize on the current meme coin frenzy and yield remarkable profits for those who invested early. 

The rise of the altcoin highlights the influence of memes in the cryptocurrency space. The community of Bonk (BONK) is growing and becoming an important asset for the altcoin in this bull run. Altcoin fans cannot overlook the possibility that Bonk (BONK) will have a significant impact in the DeFi market and potentially eclipse its current valuation of $0.0000291.

Sui (SUI): A Rising Star In The Altcoinss Space

This bull run has analysts interested in Sui (SUI) due to its new blockchain design. The Sui (SUI) smart contract system scales and optimizes smart contracts for blockchain networks.

The altcoin SUI decreases validator CPU usage and latency, enabling rapid transactions and energy-efficient consensus. This function makes Sui (SUI) a top altcoin in this bull run. Recent months have seen Sui token (SUI) prices grow to $0.823, demonstrating investor interest in the altcoin’s innovations.

Conclusion 

To optimize gains during this bull run, institutional and retail investors are choosing stable and profitable altcoins like ETFSwap (ETFS). ETFSwap (ETFS) users can invest in and benefit from ETFS, the platform’s native coin and trade institutional tokenized ETFs by utilizing the platform’s staking features. 

The ETFSwap (ETFS) presale is underway and is expected to end soon. Investors can acquire tokens at $0.01831 with a 50% bonus using the code ETFS50. Investors can buy tokens in bulk before the sale expires in a few days and the prices go up to $0.03846.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The post Crypto Market Movers: 5 Altcoins Making Waves This Bull Run first appeared on BTC Wires.



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