{"id":467365,"date":"2023-12-21T16:08:22","date_gmt":"2023-12-21T16:08:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=467365"},"modified":"2023-12-21T16:08:22","modified_gmt":"2023-12-21T16:08:22","slug":"bonk-price-prediction-bonk-pumps-10-as-traders-shift-to-these-meme-coins-with-100x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bonk-price-prediction-bonk-pumps-10-as-traders-shift-to-these-meme-coins-with-100x-potential","title":{"rendered":"Bonk Price Prediction: BONK Pumps 10% As Traders Shift To These Meme Coins With 100X Potential"},"content":{"rendered":"

The Bonk price is up 10%  in the last 24 hours, <\/span>trading at $0.00001881 <\/span><\/a>at 07:50 a.m. EST, while its trading volume jumped 54% to $398 million.<\/span><\/p>\n

The surge may be attributed to the <\/span>Binance announcement<\/span><\/a> on December 19 that it was adding BONK to its Binance margin.<\/span><\/p>\n

This recent development signifies an expansion in Binance’s offerings, providing users with additional opportunities to leverage the price rally of BONK.<\/span><\/p>\n

The Bonk Price: Bulls Regroup on $0.0000182 Support<\/span><\/h2>\n
\"Bonk
BONKUSD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

BONK Buyers have shown resilience despite encountering resistance at the $0.000035 level following a substantial bullish movement that originated from the support zone at $0.0000002383, breaking through the resistance point at $0.000005715. <\/span><\/p>\n

The Bulls have successfully regained control, stabilizing around the $0.0000182 support level. This resilience hints at the potential for a sustained bullish trend, paving the way for a reclaiming of the high at $0.000035 and the potential establishment of new highs beyond this point.<\/span><\/p>\n

The BONK price is currently trading above both the 200-day and 50-day simple moving averages, reinforcing the bullish momentum. <\/span><\/p>\n

These moving averages serve as immediate support levels for the BONK price, with the crossover at $0.0000004380 further solidifying the dominance of bullish forces.<\/span><\/p>\n

The Relative Strength Index (RSI) reflects a rebound around the 70 level, signaling an overall bullish sentiment. This suggests a significant level of buying pressure in the market.<\/span><\/p>\n

Bonk Price Prediction: Continues On Bullish Trajectory<\/span><\/h2>\n

The BONK price has regained ground and continues on its bullish trajectory, supported by the convergence of moving averages and a positive alignment in the RSI. Sustained bullish momentum could propel the price towards the next level at $0.0000552, representing a potential 52% increase from the current price. <\/span><\/p>\n

However, it’s important to note the possibility of bears capitalizing on a corrective phase, potentially triggering a retracement towards the $0.0000182 support zone.<\/span><\/p>\n

The market is showing increased interest in meme coins, with examples like Bonk experiencing surges. Amidst this trend, traders are recognizing the potential in Meme Kombat and Sponge, two meme coins that experts say could offer up to 100X gains.<\/span><\/p>\n

Meme Kombat Secures $4.1 Million<\/span><\/h2>\n

The Meme Kombat presale<\/span><\/a> has successfully raised $4.1 million in its current funding round and is racing to reach its target of $5 million. This comes as the current price of $0.246 per MK token is set to increase imminently. <\/span><\/p>\n

\n

🥊 MAJOR MILESTONE 🥊<\/p>\n

We reached $4 million raised in the $MK<\/a> presale🚀<\/p>\n

Congratulations fighters! pic.twitter.com\/qkHtTP7z9F<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) December 21, 2023<\/a><\/p><\/blockquote>\n