BONK Is About To Skyrocket: You Will Regret Missing This BONK Price Analysis
BONK crypto is expanding; BONK price may register a new all-time high. Meanwhile, Pepe Unchained presale has raised over $28 million – let’s check it out.
Crypto prices are soaring. Even Bitcoin
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, though currently lower, registered one of the largest single-day price gains in history, spiking above $90,000 on November 12.
Eyes are on other potent altcoins and top-tier meme coins. BONK
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already stands out as one of Solana’s most valuable meme coins, commanding a market cap of over $1.5 billion.
$BONK is knocking off at its resistance level again
Major caps are sucking away all the liquidity, so expecting BONK pump to continue pic.twitter.com/PbRQcwVMMC
— Dylan (@DylanTillEth) November 13, 2024
BONK Up 100% From November Lows
Extending what has been nothing but an exemplary year, BONK is already up 100% from November lows, doubling as a result.
Looking at the daily chart, not only is the uptrend clear, but buyers are positioning themselves, aiming to tap maximum benefiting from the exploding crypto and meme coin markets.
On the last day alone, BONK is up 8%, pushing weekly gains to around 54%, according to Coingecko data. BONK is narrowing the gap at this valuation and may even flip WIF in the meme coin ranking. It is possible.
Over the last few days, retail interest in BONK has been expanding rapidly. The average trading volume, signaling swaps on platforms like Coinbase and Binance, where the token is listed, topped $2.168 billion, trailing WIF’s at just $2.198 billion.
(Source)
From the BONK candlestick arrangement in the daily chart, buyers are in the driving seat. Buyers must defend the support at around $0.00003258, marking July highs and validating the breakout formation of November 12.
If buyers pour in, continuing gains of early November, BONK crypto may easily print fresh all-time highs at over $0.00004440.
(BONKUSDT)
Eyes On Pepe Unchained: Over $28 Million Raised
As BONK crypto rips higher, traders closely monitor Pepe Unchained, expecting PEPU to post similar (or better) gains once it lists on leading DEXes like Uniswap.
The unusually high demand in the ongoing Pepe Unchained presale justifies the confidence.
The project has already raised over $28 million, adding over $5 million in less than a week. Unlike most meme coins, including BONK, which have limited or sometimes zero utility, PEPU, the native token, will be crucial for the Pepe Unchained ecosystem.
PEPU is trading for just $0.01269 at press time, a massive discount.
Holders can stake, receiving an APY of over 88%–among the highest in DeFi. Highlighting soaring interest, over 150 million PEPU have been staked.
At the same time, holders of PEPU will capitalize on the expected ecosystem growth once Pepe Unchained activates its Ethereum layer-2 platform for meme coins dubbed Pepe Chain.
Layer 2 is designed purposefully to handle ultra-high trading volume while keeping costs extremely low. As such, all projects launching on this chain will benefit from smooth and hitch-free launching or swapping experiences.
Here’s Why Pepe Unchained’s Pump Pad Will Change Everything For PEPU
What’s more? Even if you are new to meme coins, you can quickly deploy your project in simple steps.
Using the Pump Pad, the goal is for anyone to launch their meme coin, pushing activity, and thus, PEPU even higher.
However, if you are talented and looking to build on Pepe Chain, you can receive funding from the “Fren with Benefits” program. All you have to do is apply. The team will be ready to vet you and, if qualified, arrange funding.
Considering Pepe Unchained’s zeal, PEPU analysts predict it can rally in the coming weeks.
EXPLORE: DOGE Is The Coin to Watch: Nearly 75k New Dogecoin Wallets Created In The Last Month
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