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Bonk price rose 10% in the last 24 hours. Traded for $0.00001419 As of 4:55 a.m. EST, trading volume had increased 77% to $193 million.
The price increase comes amid news that Revolut may list Bonk and run a $1.2 million campaign to incentivize platform users to learn about cryptocurrencies.
Solana’s meme coin ‘Bonk’ soars 15% on the news of Revolut listing! 📈 Fintech startup Revolut plans to list Bonk on its trading platform. Meme Coin is up 45% since its Coinbase listing, with the goal of onboarding 500,000 users through a $1.2 million “learning” campaign.
— Block Voyager (@BlockVoyagerAIO) February 15, 2024
This listing will allow BONK to enter mainstream cryptocurrency trading venues.
Bonk price trend above rising triangle pattern
The price of Bonk is on an upward trajectory and is breaking the upper boundary of the ascending triangle pattern. Nonetheless, the bulls have encountered resistance near $0.0000145, which now acts as an immediate barrier to further price increases.
BONK is also trading above its 50-day and 200-day simple moving averages (SMAs), confirming continued bullish momentum. A golden cross occurring near $0.000012 indicates that the price is in a bull market.
The relative strength index (RSI) is currently at 68, showing strong bullish sentiment as it approaches the overbought threshold of 70. This suggests there is significant buying pressure in the market and highlights the prevailing optimism among investors.
Moreover, the moving average convergence divergence (MACD) line (blue) solidifies the bullish sentiment as it is trading above the signal line (orange), which indicates when to buy. This is further supported by the formation of green bars as the histogram moves upwards.
Additionally, the Average Directional Index (ADX) is 29, indicating a slightly stronger bullish trend moving north.
Bonk Price Prediction
Bonk price is forming an ascending triangle, indicating the continuation of the bullish rally. This will allow the bulls to push the price higher, targeting $0.0000165.
However, if the bears exert some pressure, the price could fall to $0.0000130, which coincides with the lower limit of the triangle.
As the price of Bonk continues to rise, SMOG, another Solana-based meme coin, is emerging as a strong competitor in the meme coin space. Among investors, it has surged 46% in the last 24 hours alone. Expect potential profits from the upcoming airdrop, which is being touted as “the largest airdrop in history.”
SMOG unveils airdrop to compete with JUP
SMOG Token It quickly gained popularity, experiencing significant growth shortly after its debut on Jupiter Exchange. Analysts predict that SMOG could outperform other meme coins such as BONK, MYRO, and WIF, potentially establishing itself as the best Solana-based token.
SMOG’s dragon-themed appeal coincides perfectly with the surge in cryptocurrency markets during the Chinese Lunar New Year, further strengthening its appeal. Investors are attracted to the good luck symbols associated with the festival.
Given this thematic connection, SMOG is expected to benefit significantly from the festival, which runs until February 22nd, leveraging its dragon-themed appeal to garner attention.
Buy $SMOG now and receive the largest airdrop ever
After investors won big on Jupiter’s landmark $700 million airdrop, SMOG is now set to offer an even bigger and more attractive airdrop. Airdrop Opportunity. The team has already secured 35% of the total 1.4 billion token supply for the airdrop.
one #memecoin To rule them all! 🚀
Get ready for the best moment #airdrop Distributed in History #Solana. 💰
join #smog From Jilly! 🔥
Profile link 🔗 pic.twitter.com/vsn4p5cSF4
— Smog (@SMOGToken) February 8, 2024
So how can you get the SMOG airdrop?
just Buy and hold $SMOG tokensYou may be eligible to receive the upcoming airdrop, an incentive that has significantly increased the token’s popularity in the cryptocurrency community.
YouTube cryptocurrency analyst Jacob Bury believes SMOG has the potential to generate 1000x returns.
You can purchase SMOG tokens. official website You can soon receive a historic airdrop. You can also purchase directly from JUP DEX.
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