Despite being momentarily dethroned by dogwifhat (WIF) as the top dog amongst Solana meme coins, Bonk’s impressive performance and new ATH earlier this year reaffirm its position as a heavyweight in the meme coin arena. Here’s the top Bonk news today:
Since its debut in December 2022, Bonk has witnessed an eye-watering 3000% spike in its value to $0.00002657.
After a steep price correction earlier this month, Bonk is showing signs of a bullish comeback, with technical indicators like the crossover of the 20-day and 200-day EMAs, known as a “Golden Cross.”
(BONKUSDT)
The leading Solana meme coin is also hosting a free airdrop website for users who connect their web3 wallet, such as MetaMask, Trust Wallet, or WalletConnect.
But the question remains, how high can Bonk go?
Bonk News Today: April Ascendancy Keeps On
The crypto landscape is ripe with stories of unexpected success, and Bonk and its peers PEPE and Shiba Inu have shown staying power.
On Wednesday, Bonk hit a high point at $0.000028—the month’s peak performance.
Bonk has seen a staggering +122% increase in value, significantly outpacing the growth of other digital currencies in the wake of the Bitcoin Halving event.
Bonk has even outperformed its rival PEPE to become the top-performing meme coin of the week.
Weekly market overview 👇🏼
Best price bounce from local low are meme coins $BONK and $PEPE pic.twitter.com/JIlPfWoacT
— Crypto Banter (@crypto_banter) April 26, 2024
BONK News Today: How is Solana’s Top Dog Performing Versus PEPE
BONK’s price action has been remarkable, climbing +130% from a low of $0.000012 on April 13 to $0.000027 by April 25.
While it dethroned PEPE as the strongest memecoin trade this week, PEPE had a commendable +109.8% gain.
The bullish momentum suggests that it may yet scale new heights.
Technical indicators, including the moving average convergence/divergence, hint at an imminent breakout above the critical $0.000030 resistance level, with their trendlines weaving close together and some crossovers.
Should BTC and ETH find their footing and initiate a recovery, the resulting bullish tailwinds could further elevate BONK’s market position.
Could This Presales Offer Better Meme Coin Play?
In the current crypto craze, BONK is the name on everybody’s lips in the realm of Solana meme coin, but analysts at 99Bitcoins agree that Dogeverse could be the next to steal the throne. Built on BASE, the DOGEVERSE presale recently smashed $10Min in fundraising.
Imagine getting a golden ticket to Bonk’s debut, complete with all the early gains that come from being first in line.
Being the first multi-chain DOGE cryptocurrency, DOGEVERSE aims to become a top meme coin on BASE quickly. Don’t miss out!
EXPLORE: $5 Billion Worth Of Bitcoin Shorts Will Be Liquidated If BTC Rockets Above $75,000
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
