{"id":475187,"date":"2024-01-25T16:51:09","date_gmt":"2024-01-25T16:51:09","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=475187"},"modified":"2024-01-25T16:51:09","modified_gmt":"2024-01-25T16:51:09","slug":"honk-price-prediction-bonk-competitor-honk-skyrockets-381-as-experts-say-this-challenger-might-be-next-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/honk-price-prediction-bonk-competitor-honk-skyrockets-381-as-experts-say-this-challenger-might-be-next-to-explode","title":{"rendered":"Honk Price Prediction: Bonk Competitor Honk Skyrockets 381% As Experts Say This Challenger Might be Next To Explode"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Honk price has surged 381% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/solana\/pools\/BZivKpJWgQvrA3yYe3ubomufeGVouoYoUhosmBEdqF9y\/\"><span style=\"font-weight: 400;\">to trade at $0.0099<\/span><\/a><span style=\"font-weight: 400;\"> as of 05:57 a.m. EST, with trading volume climbing 50% to $5 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Honk, a new meme coin on the Solana blockchain, is being dubbed as the Bonk Killer, with the community behind it backing the token as the next big thing. But can it scale Bonk&rsquo;s heights?<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We know what the doge killer did on ETH ($SHIB)<\/p>\n<p>I can&rsquo;t fade the <a href=\"https:\/\/twitter.com\/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BONK<\/a> killer on SOL. <a href=\"https:\/\/twitter.com\/search?q=%24HONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$HONK<\/a> just broke ATH &#128640;&#128640;&#128640;&#128640;&#128640;<a href=\"https:\/\/twitter.com\/honk_sol?ref_src=twsrc%5Etfw\">@honk_sol<\/a> congrats to the team and community!!!<\/p>\n<p>&mdash; YourPOP (@Yourpop8) <a href=\"https:\/\/twitter.com\/Yourpop8\/status\/1750022362886783218?ref_src=twsrc%5Etfw\">January 24, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400;\">Honk Bulls Ride The Cup And Handle Pattern<\/span><\/h2>\n<figure id=\"attachment_475190\" aria-describedby=\"caption-attachment-475190\" style=\"width: 1115px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-475190\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/HONK_2024-01-25_13-57-54.png\" alt=\"Honk Price Chart Analysis Source: Geckoterminal.com\" width=\"1115\" height=\"480\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/HONK_2024-01-25_13-57-54.png 1115w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/HONK_2024-01-25_13-57-54-300x129.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/HONK_2024-01-25_13-57-54-1024x441.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/HONK_2024-01-25_13-57-54-768x331.png 768w\" sizes=\"(max-width: 1115px) 100vw, 1115px\"><figcaption id=\"caption-attachment-475190\" class=\"wp-caption-text\">HONKUSD Chart Analysis Source: Geckoterminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The Honk price signals a continuation of a bullish trend as the price has formed a cup-and-handle pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The support zone at $0.005 gave the bulls a footing to recover from the slight price decline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Honk price bulls have shown resilience despite the pullback at the $0.00977 resistance, rebounding at the $0.008 support zone, forming the handle part of the pattern, to drive the price up to new resistance levels.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">HONK is also trading above the 50-day and 200-day simple moving averages (SMAs), affirming the bullish momentum with the golden cross forming at $0.002.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) indicates a rebound at 51, still over the 50-midline level at 55. If the momentum continues, the RSI could reach the overbought level of 70.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Honk Price Prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The general trend for the Honk price remains bullish. The cup and handle pattern further cements the ground for the bulls to drive the price up, targeting the $0.0132 mark.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bullish momentum does not sustain itself, bears could take control, driving the price slightly down to the $0.008 support zone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the Honk price continues to surge, investors are also flocking to the Sponge V2 presale in the belief it may among the next meme coins to explode on launch.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">A Promising Alternative To Honk<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Sponge V2<\/span><\/a><span style=\"font-weight: 400;\"> is the sequel to SpongeV1, which surged 100X last year. S<\/span><span style=\"font-weight: 400;\">ponge V2 gives investors another chance to acquire and stake the token, and hopefully ride the token to another 100x on launch.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sponge V1 amassed a market capitalization exceeding $100 million, with over 13,000 participants flocking to the platform. Additionally, it was listed by more than ten centralized exchanges (CEXs), including BitMart, LBank, and Toobit.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">10 exchanges not enough? &#128521;<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> will be listed on BIGGER AND BETTER exchanges! &#128293;<\/p>\n<p>You&rsquo;re not ready for what&rsquo;s coming next &#128064;<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Presale?src=hash&amp;ref_src=twsrc%5Etfw\">#Presale<\/a> <a href=\"https:\/\/t.co\/LdXRYu65Z8\">pic.twitter.com\/LdXRYu65Z8<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1749839548702494999?ref_src=twsrc%5Etfw\">January 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">With a small window left until its official launch, Sponge V2 has already seen more than $4.4 million in staked and bridged tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Apart from the improved staking system that the <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Sponge sequel<\/span><\/a><span style=\"font-weight: 400;\"> presents, it has also introduced Play-to-Earn (P2E) gaming features, which provide you with an opportunity to earn through interactive gameplay.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> isn't just another token; it's a game-changer with innovative <a href=\"https:\/\/twitter.com\/hashtag\/P2E?src=hash&amp;ref_src=twsrc%5Etfw\">#P2E<\/a> gaming and enhanced staking rewards. &#129533;&#128166;<\/p>\n<p>Who&rsquo;s ready for another 100x? &#128526;&#128640;<a href=\"https:\/\/twitter.com\/hashtag\/AltGem?src=hash&amp;ref_src=twsrc%5Etfw\">#AltGem<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Trading?src=hash&amp;ref_src=twsrc%5Etfw\">#Trading<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/t.co\/Is3GTemDwN\">pic.twitter.com\/Is3GTemDwN<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1748752320320492013?ref_src=twsrc%5Etfw\">January 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The development team behind Sponge V2 is also anticipating the release of its new P2E game called &ldquo;Sponge Racer,&rdquo; with the aim of drawing in new investors and players. In the game, you will be able to use your acquired Sponge V2 tokens to participate.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Justin Sun Buys $SPONGE<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Tron founder Justin Sun bought $SPONGE last year, with the holding now worth more than $90,000. He had earlier announced his intention to invest in meme coins that show potential.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I've decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.<\/p>\n<p>&mdash; H.E. Justin Sun &#23385;&#23431;&#26216; (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1656598894158159872?ref_src=twsrc%5Etfw\">May 11, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Sponge V2<\/span><\/a><span style=\"font-weight: 400;\"> offers a lucrative opportunity via its stake-to-earn feature that o<\/span><span style=\"font-weight: 400;\">ffers an impressive annual yield of 274%.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128184;&#128716; Earn passive rewards just by staking your <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a>! &#129327;<\/p>\n<p>Join the <a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> takeover and enjoy our current APY of 300%+ &#128526;<\/p>\n<p>Absorb the damp! &#129533;&#128166;&#128588; <a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Presale?src=hash&amp;ref_src=twsrc%5Etfw\">#Presale<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Staking?src=hash&amp;ref_src=twsrc%5Etfw\">#Staking<\/a> <a href=\"https:\/\/t.co\/OJ08MgMmWy\">pic.twitter.com\/OJ08MgMmWy<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1748284218076000469?ref_src=twsrc%5Etfw\">January 19, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Conor Kelly, a prominent YouTuber with a following exceeding 180,000, predicts the project might explode on launch, surpassing the popularity of Sponge V1.<\/span><\/p>\n<p><iframe title=\"They are Re-launching this Meme Coin that EXPLODED last MEME SEASON\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/1FUo80zmYBE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">To buy Sponge V2 tokens, visit <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">the official SpongeV2 website<\/span><\/a><span style=\"font-weight: 400;\"> and connect your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle\"><span style=\"font-weight: 400;\">Best Meme Coins to Invest in: Top Picks for Exponential Gains! &#128640;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-crypto-watch-2024-top-5-cryptocurrencies-high-calsona-f8pve\"><span style=\"font-weight: 400;\">Best Crypto to Watch in 2024: Top 5 Cryptocurrencies with High Potential<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">                                         <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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Honk, a new\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Honk Price Prediction: Bonk Competitor Honk Skyrockets 381% As Experts Say This Challenger Might be Next To Explode\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-25T16:51:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/Gaming.net-19-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Evans Karanja\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nmivanco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Evans Karanja\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187\"},\"author\":{\"name\":\"Evans Karanja\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/72acfe14b9166e2ecc820938305f46b6\"},\"headline\":\"Honk Price Prediction: Bonk Competitor Honk Skyrockets 381% As Experts Say This Challenger Might be Next To Explode\",\"datePublished\":\"2024-01-25T16:51:09+00:00\",\"dateModified\":\"2024-01-25T16:51:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187\"},\"wordCount\":635,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/Gaming.net-19-1.png\",\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187\",\"name\":\"Honk Price Prediction: Bonk Competitor Honk Skyrockets 381% As Experts Say This Challenger Might be Next To Explode - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/475187#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/Gaming.net-19-1.png\",\"datePublished\":\"2024-01-25T16:51:09+00:00\",\"dateModified\":\"2024-01-25T16:51:09+00:00\",\"description\":\"The Honk price has surged 381% in the last 24 hours to trade at $0.0099 as of 05:57 a.m. EST, with trading volume climbing 50% to $5 million. 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