Bonk Price Prediction: BONK Soars 59% To New All-Time High, But Traders Still Flock To This Surging Solana Competitor For The Greatest Airdrop In History

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The Bonk worth soared 59% within the final 24 hours to commerce at $0.00003515 as of 03:28 a.m. EST on buying and selling quantity that surged 114% to $1.17 billion.

The rise led BONK to achieve its highest worth ever, following the endorsement of the ‘Study and Earn’ marketing campaign by BonkDAO, facilitated by the European fintech platform, Revolut. This initiative seeks to develop Bonk’s person base by 500,000.

#Revolut plans to listing #BONK and launch a $1.2M marketing campaign to coach customers in regards to the meme coin. Approval vote anticipated to move. #crypto #Solana

Observe and keep tuned! 📺🔊

— Learn2Earn (@Learn2Earnify) February 14, 2024

Customers who take part within the Study and Earn marketing campaign can be incentivized, with $1.2 million in rewards up for grabs.

Bonk Value Bullish – Buying and selling Inside The Higher Boundary Of The Bullish Pennant

BONKUSD Chart Evaluation Supply: Tradingview.com

The Bonk worth has been on a tear this week, displaying nice potential because it rallied by way of a markup part, overcoming the $0.000026 resistance degree. The bulls proceed to indicate resilience as BONK trades throughout the confines of the bullish pennant, aiming to breach the higher boundary of the pennant.

BONK is at present buying and selling above each the 50-day and 200-day Easy Transferring Averages (SMAs), a affirmation of the continued worth rally.

Moreover, the Relative Power Index (RSI) is at present at 77, confirming the present investor optimism because it trades throughout the overbought area.

Furthermore, the Transferring Common Convergence Divergence (MACD) can be bullish, because the shifting common line (blue) crosses over the sign line (orange), indicating a bullish crossover. A bullish crossover is an encouragement for the bulls to take extra shopping for positions, which might nonetheless enhance the worth.

The inexperienced bars on the histogram prolong above the zero line, a sign of constructive momentum. Moreover, the Stochastic Oscillator 14 3 3 line (inexperienced) crosses above the set off line (orange), confirming the bullish shifting common crossover. The Stochastic Oscillator can be above degree 80, at present at 99, displaying that BONK is overbought and in a really robust bullish pattern.

Bonk Value Prediction

The Bonk worth is at present buying and selling round its psychological barrier at $0.000035. BONK’s present 4-hour chart evaluation reveals that the bulls are prepared to make use of this degree to drive the worth up, aiming to breach the higher boundary of the pennant.

Moreover, the 50-day SMA is buying and selling above the 200-day SMA, forming a golden cross at $0.0000119. The bulls could capitalize on this to propel the worth even larger, aiming at $0.000045.

Nevertheless, the Stochastic Oscillator and the RSI are at present buying and selling above the overbought areas, which signifies that there could also be a looming worth correction. In such a situation, the bears could take cost of the worth, permitting a slight worth retrace again to the $0.000022 help zone.

Because the BONK bulls intention for brand spanking new ATHs, buyers are additionally diversifying into one other Solana-based meme coin that analysts say has the potential to surge 100X on launch.

$Smog Pumps Massively, A 100X Alternative – Greatest Crypto To Purchase Now

Since its debut, the Smog token has continued to carry out remarkably whereas charming audiences. Smog goals to dominate Solana-based meme cash, together with BONK, MYRO, and WIF, and makes use of the slogan, “One meme coin to rule all of them.”

One #Memecoin to rule all of them! 🚀

Prepare for the best #Airdrop in historical past, distributed on #Solana. 💰

Be part of #SMOG on Zealy! 🔥

Hyperlink in Bio 🔗 pic.twitter.com/vsn4p5cSF4

— SMOG (@SMOGToken) February 8, 2024

The undertaking is producing an enormous buzz due to its plan to launch an enormous airdrop, marketed as ‘the best in historical past.’ The crew has already allotted 35% of the 1.4 billion token provide for the airdrop.

Since launch, $SMOG has skilled a big rally, reaching a brand new all-time excessive of $0.12 earlier than barely retracing to its present worth of $0.10. Its market capitalization has surged to $92 million. With over 40,000 holders of $SMOG and counting, this pattern suggests the potential for much more explosive worth will increase developing.

Purchase $SMOG For The Subsequent Large Giveaway, Stake For 42% Annual Rewards

To qualify for the Smog airdrop, merely purchase and maintain Smog tokens in your pockets. One other means so that you can qualify is by finishing totally different duties managed by Zealy, and gathering airdrop factors. There are over 800,000 quests already accomplished on the platform.

The undertaking can be airdropping $1,500 value of $SMOG by way of airdrop distributions every day to BONK, WIF, and MYRO holders.

You even have a chance to earn passively by way of the platform’s staking possibility, incomes a formidable 42% annual share yield (APY).

Jacob Bury, a crypto analyst and YouTuber with greater than 30K subscribers, believes that Smog has the potential to surge 100X.

You should buy the SMOG token on the official web site to qualify for the historic airdrop. There’s additionally a ten% low cost while you purchase and stake $Smog.