The Bonk Price Surges
The price of Bonk jumped more than 13% over the past day and is currently trading at $0.00001191 as buyers re-enter the Solana meme coin’s charts.
The Bonk Price Overcomes A Bearish Trend Line
The Bonk price has successfully broken above a medium-term negative trend line over the past 24 hours. This might set the meme coin up to overcome the $0.0000128480 resistance level soon, potentially moving as high as $0.0000290295 in the next few days following the break.
Bonk Price May Keep Rising As Technicals Flag Bullish
Technical indicators on Bonk’s 4-hour chart suggest that the Bonk price may continue to rise in the next 24 hours. The MACD line is breaking away above the MACD Signal line, and the RSI line is in extreme overbought territory, indicating a bullish trend.
The Next Solana Meme Coin To Explode
Smog is poised to become the next Solana meme coin to skyrocket, with its focus on community engagement, long-term investment through airdrops, and significant airdrop rewards on the way.
Appeal To Asian Investors
Smog may also see a surge in the coming weeks due to its appeal to Asian crypto investors, as it aligns with the upcoming Chinese New Year celebrations and being the year of the dragon.
Hot Take
As Bonk gains momentum, Smog looks to be the next Solana meme coin to explode, attracting investors with its community engagement and token airdrop promises.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.