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Bonk price is up 15% in the last 24 hours to trade at $0.000004490 as of 4:40 AM EST with the token’s trading volume surging 25% to $48.43 million.
Both the price and volume increase come in light of the token’s listing on KuCoin, which Bonk announced yesterday in a post on X, announcing the start of spot trading at 10:00 UTC on November 28.
$BONK has entered the Kucoin Arena.
Spot Trading will go live on @kucoincom at 10:00 UTC, November 28. pic.twitter.com/mYlkainbsD
— BONK!!! (@bonk_inu) November 28, 2023
KuCoin announced the same on its own X account, stating that joining the BONK listing campaign will allow users to win a share in a $58,000 prize pool. The campaign, which started at the time of the listing, will last until 10:00 UTC on December 9, 2023.
🚀Get ready for a BONK-tastic adventure! Join the $BONK Listing Campaign on #KuCoin and unleash the thrill of winning a share in the incredible $58,000 prize pool.
⏰10:00 on November 28, 2023 to 10:00 on December 9, 2023 (UTC)
Don't miss out on the excitement!
— KuCoin (@kucoincom) November 28, 2023
Soon after the listing, BONK started seeing significant gains, which allowed it to take its place among the top 5 crypto gainers on KuCoin on November 28, together with $HIBEANZ, $CTI, $IOI, and $HEART.
https://twitter.com/THoward1015/status/1729795187721805947
Bonk Price Prognosis After KuCoin Listing
Bonk’s (BONK) listing on KuCoin is not the only listing on a major exchange that the token has seen recently. The token also saw the listing on Binance around a week ago. However, after the listing, the meme coin saw a correction instead of the pump on the first day.
After that, it spent most of the last week trying to break out of a bear flag. KuCoin listing helped significantly, allowing BONK price to recover from $0.0000035 to $0.0000045. However, this level still represents a strong resistance that BONK has not been able to breach in the past seven days.
On a daily chart, the token is up by 15%, but the weekly chart still sees its price down by 6% as of the time of writing. However, BONK is up by 726% in a month, making it one of the largest gainers in November.
An increase in trading volume suggests a surge in activity, but the Bollinger bands are far apart, suggesting increased volatility levels on the Bonk price.
Meanwhile, the Relative Strength Index (RSI) approaches a shift above the average line, indicating building bullishness on the token’s price.
Combined, all of it suggests that the BONK price could soon see another bullish wave taking it higher.
The return to $0.0000045 was a mere recovery from the drops seen between November 25 and 27, and the token could soon attempt to retest the resistance at $0.0000050, followed by another surge toward $0.0000060.
BONK already tried to make that jump earlier this month, which allowed it to reach a new all-time high of $0.000005327 on November 20, but its price was rejected without progressing further up. With the new bullish build-up, the token could make another attempt to do so in days to come.
Promising Alternatives To Bonk
The meme coin sector has seen plenty of new arrivals in 2023, some of which fall under the category of the most successful presales of this year. Meme Kombat (MK) has the potential to top this list, and it is already well on its way.
https://www.youtube.com/watch?v=bN-f42oaNs4
The project is an innovative new gaming platform designed for gaming enthusiasts that offers a range of services, from active betting on meme battles to passive staking for those who prefer a slow but steady approach.
The price of $MK is now $0.214👀
Make sure you are ready for Kombat and have you $MK ready too! pic.twitter.com/46vMGrXURU
— Meme Kombat (@Meme_Kombat) November 23, 2023
Meme Kombat describes itself as the fusion of blockchain, AI, and memes, and its presale reflects the popularity of all three of these aspects.
So far, the project has managed to raise over $2.24 million, with the current value of the MK token being $0.214.
MEMERS!
We have passed $2.2 million raised in the $MK presale 🤩 pic.twitter.com/rwla7Xxdz3
— Meme Kombat (@Meme_Kombat) November 28, 2023
Those interested in joining the presale can purchase MK via ETH or USDT. However, it is worth noting that the project will see a price increase in less than a day.
In other words, anyone wishing to buy the token before the price increases has a short window of opportunity.
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