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Expert Analysis: Year of the Dragon Bonk Coin Shows 8% Price Surge, Making It Top Crypto Investment

Expert Analysis: Year of the Dragon Bonk Coin Shows 8% Price Surge, Making It Top Crypto Investment

Bonk Price Surges by 8% to Trade at $0.00001368

The Bonk price has seen an 8% pump in the last 24 hours, reaching $0.00001368 at 11:15 p.m., EST, on trading volume that decreased by 18% to $172.9 million.

Bonk Holds Support as Solana Faces Outage

Bonk’s price was range-bound during January due to profit-taking in Solana; a breakout was stalled by a Solana outage. Despite this, Bonk’s price saw a strong bounce back and significant surge in trading volumes from a robust support level near $0.0000098.

Bonk Price Signals Bull Rally Rebounding on $0.0000098 Support

The BONK price indicates a shift upwards after a prolonged period of consolidation, with bulls facing rejection at $0.00003552. This has led to a potential bearish trend and an impenetrable established support level at $0.00001342 with the formation of a descending triangle pattern.

The Bonk Price Prediction

With the Bonk price support level at $0.000009560 showing strength, bearish pressure could cause BONK to descend further below the lower boundary of the descending triangle, if sustained. On the other hand, if bullish momentum continues, the price could rise to a potential 180% increase.

SMOG Unveils Airdrop: The Next Big Crypto Giveaway to Watch

SMOG has surged by 9.9% in the past 24 hours, reaching a trading value of $0.07484, with its market capitalization surging to $104 million. SMOG offers a strong challenger to BONK’s dominance with its slogan, “One meme coin to rule them all.”

Final Call: Buy $SMOG Now, Receive The Biggest Airdrop Ever

$SMOG promises the mother of all airdrops to its investors, allocation 35% of the 1.4 billion token supply. The Smog team has built a strong community, and $SMOG holders qualify for a portion of a community bounty. It is also projected to benefit from the start of the Chinese Lunar Year of the Dragon festivities due to its dragon theme.

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Expert Analysis: Year of the Dragon Bonk Coin Shows 8% Price Surge, Making It Top Crypto Investment