After the highly awaited Bitcoin halving event concluded, this event is pivotal in determining crypto holdings for the upcoming bull run.<\/p>\n
Bitcoin has completed its fourth halving event, reducing the block reward for miners from 6.25 BTC per mined block to 3.125 BTC. As the rate of new Bitcoin issuance is halved, the inherent scarcity mechanism of the cryptocurrency begins to exert its influence over time.<\/p>\n
This change in supply and demand dynamics has the potential to influence the long-term direction of Bitcoin and the wider crypto market. In this article, we’ll explore the five best meme coins<\/a> to consider purchasing following the Bitcoin halving.<\/p>\n The activity of $BONK holders has picked up again, potentially driving the meme coin’s price even higher. On April 19, Bonk DAO revealed a proposal to burn about 280 billion $BONK tokens from its treasury, which equals the total amount of Bonk sent to the DAO from BonkBot since its inception.<\/p>\n $BONK has experienced a significant surge of 71.73% in one week, trading at $0.0000238. There are indications of impulsive movements in Bonk’s price, with strong upward momentum suggested by its RSI at 60.91, indicating a neutral position.<\/p>\nBonk (BONK)<\/h2>\n