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In the last 24 hour, the Bonk price has soared by 59% to trade at $0.00003515 As of 03:28 am EST, trading volume had risen 114% to $1.1 billion.
The increase led BONK to reach its highest value ever, following the endorsement of the ‘Learn and Earn’ campaign by BonkDAO, facilitated by the European fintech platform, Revolut. This initiative is designed to increase Bonk’s user base by at least 500,000.
#Revolut Plans to List #BONK Launch a $1.2M education campaign for users to learn more about the meme coin. Vote of approval is expected to pass. #crypto #Solana
Stay tuned and follow us! 📺🔊
— Learn2Earn (@Learn2Earnify) February 14, 2024
Learn and Earn will reward users with up to $1.2 Million in rewards.
Bonk Price Bullish – Trading Within The Upper Boundary Of The Bullish Pennant
This week the Bonk price was on fire, displaying great potential, as it soared past the $0.000026 level of resistance, and surpassed it. Bulls are still able to maintain their strength as BONK continues to trade within the confines the bullish pennant. They aim to break the upper boundary.
BONK currently trades above the Simple Moving Averages of 50 days and 200 days, confirming the price rally.
The Relative Strength Index, or RSI, is currently trading at 77. It confirms that investors are optimistic, as it is in an overbought zone.
Moving Average Convergence Differece (MACD), which is also bullish as the moving line (blue), crosses over the orange signal line, indicates a crossover bullish. A bullish cross-over encourages bulls to increase their buying, which can still lead to an increase in price.
Green bars above the zero-line on the histogram indicate positive momentum. The Stochastic 14 3 3 line crosses over the trigger line, confirming a bullish crossover. The Stochastic Oscillator, which is currently at level 99, is also above 80, indicating that BONK is in an extremely strong bullish trend.
Bonk Price Prediction
Bonk is currently trading at its psychological threshold of $0.000035. BONK’s 4-hour chart shows that bulls are ready and willing to push the price higher, in order to break the upper boundary.
The 50-day SMA also trades above the 200 day SMA and forms a golden Cross at $0.0000119. Bulls could use this as a catalyst to push the price higher and aim for $0.000045.
Stochastic Oscillator & RSI trade above overbought zones, indicating that a possible price correction may be looming. In this scenario, the bears could take control of the price and allow a small price retracement back to the $0.000022 zone.
Analysts say that a Solana-based coin could surge by 100X at launch.
$Smog Pumps Massively, A 100X Opportunity – Best Crypto To Buy Now
Since its launch, the Smog token Has continued to impress audiences with its performance. Smog’s slogan is “We want to dominate Solana-based meme coins including BONK MYRO WIF and BONK”. “One meme coin to rule them all.”
One could say that #Memecoin The one rule that rules them all! 🚀
Get ready for the best #Airdrop In history, the distribution of #Solana. 💰
Join us #SMOG Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
The project is generating a huge buzz because of its plan to launch a massive airdrop, advertised as ‘the greatest in history.’ The team has already set aside 35% of the total 1.4 billion tokens for the airdrop.
Since its launch, $SMOG experienced a significant rise, reaching a new high of $0.12, before a slight retracement to its current $0.10 price. The market cap has risen to $92million. The trend of over 40,000 $SMOG owners and counting suggests even greater price increases in the future.
Purchase $SMOG for the Next Big Giveaway and Stake 42% Annual Rewards
You can qualify for Smog airdrop by simply buy and hold Smog tokens In your wallet. To qualify, you can complete different tasks and collect airdrop points. Over 800,000 quests have already been completed on the platform.
Airdrops of $1,500 in $SMOG are also being made daily by the project to BONK, WIF and MYRO holders.
Through the platform’s stake option, you can also earn passively and receive an annual percentage yield (APY) of up to 42%.
Jacob Bury, an analyst in cryptography and a YouTuber with 30K+ subscribers, believes Smog’s potential is 100X.
Buy the SMOG Token on the official website Qualifying for the historic airdrop. Also, you can get 10% off your purchase when you buy the and stake $Smog.
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“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: insidebitcoins.com
