Bonk Price Surges 18.30% in 24 Hours: Is This Rally Built to Last ?
#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Bonk's recent surge is accompanied by rising trading volume, but caution is advised due to neutral RSI and futures market influence.ADX indicates moderate trend strength, suggesting possible continuation, but confirmatory signals are needed from other indicators.
High liquidation of short positions and declining Open Interest hint at cautious market sentiment despite price bounce.The recent surge in Bonk's price has caught the attention of traders and investors, with the cryptocurrency currently valued at $0.000024 and showing an 18.30% increase in the last 24 hours. This uptick in price is accompanied by a notable rise in trading volume, reaching $308,057,034 during this period. While these developments seem positive at first glance, there are underlying factors that raise concerns among market participants.
One such factor is the behaviour of certain key indicators. The 1-Day RSI (Relative Strength Index) for Bonk stands at 62.62, indicating a neutral position. This suggests that the cryptocurrency may not be decisively overbought or oversold at the moment.Moreover, the 1-Day MACD (Moving Average Convergence Divergence) is trading above the signal line, signalling a potential bullish trend. However, investors are advised to exercise caution and await confirmation of a sustained uptrend before considering significant buying opportunities.

Worldcoin Price Prediction: Is $50 the Next Stop for WLD ?

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Worldcoin plans to sell up to $195 million in WLD tokens, expanding the token supply by 18.6%.Following a new all-time high of $11.970 on March 10th, WLD has faced bearish pressure.On the daily chart, $WLD has been rejected from the upper boundary of the Descending channel pattern.Despite a recent rise, $WLD encountered resistance in breaching the channel pattern yesterday.Bulls failed to sustain momentum, resulting in a 3.50% decline in price.
WLD has completed a five-wave uptrend, indicating the subsequent downturn was a correction.
A breakout above the channel pattern may signal a significant recovery, potentially surpassing its previous all-time high.

According to Coin Gabbar analysis,

As per Coin Gabbar analysis, Conversely, rejection could lead to another downturn, potentially driving the price below $4.

KEY LEVELS :

RESISTANCE LEVEL : $6.50-$8.00

SUPPORT LEVEL : $4.40-$3.00

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Meme Coin Bull Market: BONK, WIF, PEPE, and Others Spike by Double Digits !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Meme coins like Bonk Inu, dogwifhфat, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains.
Analysts predict a possible further rally for the asset class following the recent Bitcoin halving, which has historically led to market surges.

Meme Coins in the Spotlight

Meme coins have been crypto’s rock stars during this bull cycle, with many of them witnessing substantial price increases in the past few months. Today (April 24) is another green day for the majority of the realm.Leading assets of that type, including the Solana-based Bonk Inu (BONK), dogwifhat (WIF), Cat in a Dogs World (MEW), and BOOK OF MEME (COME) experienced daily price spikes of 27%, 17%, 23%, and 12%, respectively.Pepe (PEPE) – the third-largest meme coin in terms of market capitalization – jumped by 15%, whereas Floki Inu (FLOKI) is up around 14%.

The biggest assets in the cohort – Dogecoin (DOGE) and Shiba Inu (SHIB) – are trailing behind with much more modest increases. Elon Musk’s favorite token ascended by 2% daily, while its rival saw little-to-no price movements in the past 24 hours.
The total market capitalization of the meme coin sector currently stands at over $58.5 billion, a 4% increase compared to the figure observed on April 23.Some analysts have recently outlined predictions that SHIB, DOGE, WIF, and many other meme coins may experience an even more substantial bull run in the near future. One factor hinting that such a scenario could be in the cards is the Bitcoin halving, which took place last week.
The event, following which miners’ rewards for validating blocks on the blockchain were slashed in half, has historically been a precursor of a major resurgence of the entire cryptocurrency market.
For example, DOGE was worth less than a cent by the time of the previous halving in 2020, while a year later, its value pumped to almost $0.70.

Worldcoin Set To Increase WLD Supply By 19%, World Assets Ltd Gears Up For Outflows !

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The groundbreaking digital identity initiative, Worldcoin, has announced intentions to notably augment the circulation of its core token, WLD, by up to 19% within the upcoming half-year period. This strategic maneuver encompasses private sales to institutional trading entities beyond the United States, overseen by World Assets Ltd., a branch of the esteemed Worldcoin Foundation.

Detailed Overview of Worldcoin’s Supply Increase
In an official announcement on April 23, Worldcoin disclosed its intention to augment the circulating supply of WLD through a series of private placements. World Assets Ltd. will oversee the sale of up to 1.5 million WLD tokens per week, with a total value exceeding $8.2 million. This incremental supply injection is projected to introduce approximately 36 million new tokens into circulation over the designated six-month period, constituting a substantial 18.6% expansion of the token’s total available supply.

The rationale behind this strategic maneuver is multifaceted. By leveraging private sales to institutional trading firms, Worldcoin aims to fortify the liquidity profile of the WLD token and foster deeper market penetration.Despite Worldcoin’s current market capitalization of $1 billion, it is essential to recognize the disparity with its fully diluted value (FDV) of $54.5 billion, underscoring the significance of this supply augmentation in unlocking latent value within the ecosystem.
Simultaneously, World Assets Ltd., in tandem with the broader strategic initiative, is poised to initiate controlled outflows from its treasury reserves in anticipation of heightened demand for orb-verified World IDs and the burgeoning Worldcoin network. The forthcoming token sales, slated to unfold over the course of six months, will be meticulously orchestrated through private placements targeting a select cohort of institutional trading firms domiciled outside the United States

FLOKI Price: Analyst Predicts 3X Rally As FLOKI Soars 15% !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Floki Inu (FLOKI), a renowned dog-based meme cryptocurrency functioning atop the Ethereum blockchain, garnered significant investor attention today as its price rallied nearly 15%. Coming in tandem with a stockpile of bullish on-metrics, this rising price trajectory for FLOKI fueled immense market optimism among crypto market participants globally.Amidst the phenomenal price rally embarked upon by Floki Inu, a crypto market analyst further spotlighted vital insights into the meme token’s current market dynamics. a splash of bullishness drove crypto market traders and investors into a frenzy, expecting further gains for the token ahead.The latest update from crypto market analyst Captain Faibin appears to have ignited bullish waves orbiting FLOKI across the vast sea of crypto. In a post shared on X today, the analyst drew attention to Floki’s illustration of a breakout from a bullish flag pattern on its daily timeframe chart, injecting a dose of optimism into the dog-based meme token.

Notably, a bullish flag pattern suggests a brief consolidation within an uptrend for the token, followed by a rising price trajectory. To this, the analyst further added, “Looks Promising for 2-3x Bullish Rally,” flagging a continued bullish momentum for Floki Inu.

Floki Inu Rallies With Strong Market Uptrend
Meanwhile, the Floki Inu token’s price witnessed gains of 15.74% in the past 24 hours and is currently trading at $0.000196. Its 24-hour lows and highs are $0.000168 and $0.0002052, respectively.

FLOKI’s open interest surged 41.28%, reaching $16.66 million, whereas the derivatives volume skyrocketed 218.42%, reaching $178.31 million. This data underscored a strong market uptrend for Floki Inu, further fueling market optimism on the token as investors portray a heightened interest in the asset. Meanwhile, it’s worth noting that if further buying pressure prevails in the market, the analyst’s remarks could potentially come true.

Solana Price Prediction as SOL Rallies Past $150 Zone – New All Time High Incoming?
#BinanceLaunchpool #bitcoinhalving #BullorBear #BTC #bitcoin SOL has gained by a very modest 0.2% in the past 24 hours, with the Solana price moving to $154 today and posting a 13% increase in a week.The coin does, however, remain down by 11% in the last 30 days, although it sits on an impressive 600% rise in a year.This shows just how strong SOL has been in recent months, and with its medium- and long-term momentum remaining promising, it could easily achieve a few more rallies in the near future.

Solana Price Prediction as SOL Rallies Past $150 Zone – New All-Time High Incoming?

SOL’s chart is definitely in a good place right now, with its indicators continuing to signal ongoing growth.After taking a dip earlier this morning, SOL’s relative strength index (purple) has just climbed over 50 and looks ready for another ascent towards 70. Something similar applies to the coin’s 30-day average (orange), which rose above the 200-day (blue) a couple of days ago and still has space to rise further. Another bullish sign comes from SOL’s resistance (red) and support (green) levels, which are not only rising but also converging towards each other at a higher level.This could suggest that a big jump isn’t too far away, with Solana’s trading volume currently standing at a healthy $3.2 billion.

However, there are signs that whales may still be in selling mode, meaning that the Solana price could dip once or twice before we see a concerted recovery.That Solana and the wider market are both a little shaky right now is perhaps not surprising, given that last week’s Bitcoin halving has put pressure on miners.We’re also in the middle of an unsettled period in terms of macroeconomics, with the latest reports suggesting that the Federal Reserve may delay its much-anticipated rate cuts.Still, such cuts will arrive sooner or later, while the last Bitcoin halving will – if history is any guide – gradually boost demand.

ICP Price Prediction: UP +150% in 1 Month… Internet Computer Price To reach $25 ?

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The Internet Computer (ICP) recently underwent a significant retreat, falling from its peak of $16 to a low of $10, marking a decline of more than 36%. This downtrend occurred alongside reduced transaction volumes, hinting at a possible short-term correction rather than a reversal of the long-term trend. Yet, in the last 24 hours, the ICP price again increased. Can the ICP price reach the $25 mark? Let’s take a look at this ICP price prediction article in more detail.

As of today, the Internet Computer (ICP) is priced at $ 13.16, boasting a 24-hour trading volume of $ 996.46 million. With a market capitalization of $ 5.99 billion and a market dominance of 0.34%, the ICP price has surged by 24.01% in the past 24 hours.

The highest recorded price for Internet computers occurred on May 10, 2021, reaching an all-time high of $ 497.71. Conversely, its lowest point was noted on Sep 22, 2023, at an all-time low of $ 2.86.

The lowest price observed since the all-time high was $ 2.86 during a cycle low, while the highest ICP price since the last cycle low was $ 16.30 during a cycle high. Presently, the sentiment for Internet Computer’s price prediction is bullish, complemented by a Fear & Greed Index reading of 76, indicating extreme greed.

With a circulating supply of 455.04 million ICP out of a maximum supply of 488.51 million ICP, the current yearly supply inflation rate stands at 65.93%, resulting in the creation of 180.81 million ICP in the last year. In the Layer 1 sector, Internet Computer currently holds the 12th position based on market capitalization.

Functioning as a decentralized and serverless cloud platform, it empowers developers to construct decentralized applications within its ecosystem. These applications mimic the web experience but operate independently of traditional cloud infrastructure.

Floki Inu Dropped -27.94% In Last Month And Is Predicted To Reach $ 0.000233 !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The information provided is for general purposes only.Floki Inu is up 3.75% today against the US Dollar
FLOKI/ETH increased by 2.40% today
Floki Inu is currently trading 25.15% below our prediction on Apr 27, 2024
Floki Inu dropped -27.94% in the last month and is up 517.42% since 1 year ago
Floki Inu price $ 0.000175
Floki Inu prediction $ 0.000233 (31.20%)
Sentiment Bullish
Fear & Greed index 73 (Greed)
Key support levels $ 0.000162, $ 0.000153, $ 0.000145
Key resistance levels $ 0.000179, $ 0.000187, $ 0.000196
FLOKI Price Is Expected To Rise By 31.20% In The Next 5 Days According To Our Floki Inu Price Prediction

Floki Inu price today is trading at $ 0.000175 after gaining 3.75% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.10% in the same time period. FLOKI performed well against BTC today and recorded a 0.88% gain against the world’s largest cryptocurrency.

According to our Floki Inu price prediction, FLOKI is expected to reach a price of $ 0.000233 by Apr 27, 2024. This would represent a 31.20% price increase for FLOKI in the next 5 days.

Floki Inu has been displaying a negative trend recently, as the coin lost -27.94% in the last 30-days. The medium-term trend for Floki Inu has been bullish, with FLOKI increasing by 521.75% in the last 3 months. The long-term picture for Floki Inu has been positive, as FLOKI is currently displaying a 517.42% 1-year price change. On this day last year, FLOKI was trading at $ 0.000028.

The sentiment in the Floki Inu markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.000162, $ 0.000153 and $ 0.000145, while $ 0.000179, $ 0.000187 and $ 0.000196 are the key resistance levels.

LUNA CLASSIC’S RALLY AND DIP: BITBOT CRYPTO PRESALE DRAWS FOCUS !!

#BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC The crypto market has seen some wild shifts lately. Namely from the likes of Lunar Classic, with a surprising rally and subsequent dip, Luna Classic is currently down 100% from its ATH. Meanwhile, the Bitbot crypto presale, raising an impressive $2.6m in only 13 weeks, has emerged as a hidden gem, presenting itself as a beacon of quality for investors, attracting attention away from questionable projects and associated figures like Do Kwon, the founder of Luna.

Luna Classic’s rally and dip: Do Kwon delivers final remarks in his trial !!

The price of Terra Luna Classic (LUNC) fell as the legal representatives of Terraform Labs and its founder, Do Kwon, prepared their closing arguments in a civil court case. The SEC has charged the company and Kwon with deceiving investors regarding the stability of the TerraUSD stablecoin, leading to allegations of fraud.
Despite LUNC’s remarkable initial 45% gain within a month, reaching $0.000199 with a significant increase in trading volume, it faced a downturn, dropping 31% in the past month, prompting a notable sell-off.Overall, despite Luna Classic’s loyal following, its legal troubles have left a mark on investor confidence. Now, investors are eyeing fresh opportunities like Bitbot, seeking stronger returns ahead of the Bitcoin halving.

LUNC News: Terra Classic Community Restores Key IBC, Revives Liquidity !!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB LUNC News: Terra Luna Classic community has approved a key proposal to update the IBC client between Terra Classic and Kujira (from 07-tendermint-178 to 07-tendermint-246), allowing the connection between the two chains to work again. This will open up liquidity while free up frozen funds, improving the Terra Classic revival effort.

Terra Classic Proposal To Restore IBC to Kujira Approved

Proposal 12099 “Restore IBC to Kujira” is approved by the Terra Luna Classic community, with the proposal receiving unanimous support. The RakoffToken team proposed to re-enable IBC client 07-tendermint-178 connection between Terra Classic and Kujira.

The IBC client 07-tendermint-178 will be upgraded to IBC client 07-tendermint-246 to restore the connection between the chains and free up frozen funds.The proposal has received 99.99% of the votes in favor from the community, indicating the unanimous support from the community in restoring the lost connection between chains through inter-blockchain communication (IBC). Validators also showed unwavering support with 36 validators including Allnodes, Interstellar Lounge, HappyCattyCrypto, Luna Station 88.

Meanwhile, the community actively looks for a complete solution to resolve risks of peer-to-peer storm attacks. Genuine Labs’ proposal to decrease MaxBlockSize from 5mb to 2mb as an initial security measure to counter peer-to-peer spam.

LUNC and USTC Prices Performance

LUNC price jumped 1% in the last 24 hours and 6% in a week, with the price currently trading at $0.0001112. The 24-hour high and low are $0.0001063 and $0.0001121, respectively. Moreover, trading volume decreased slightly in the last 24 hours, indicating a rise in interest among traders. The community remains confident on LUNC price hitting $1. Meanwhile, USTC price is also up 1% after it climbed 20% higher last week, with the price currently trading at $0.0200. The 24-hour low and high are $0.01918 and $0.02036, respectively.

Ethena Price Resurgence: Can 2-Day Affluence Assist It To Rise ?

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB The Ethena price experienced an impressive upswing of nearly 11% in the last 24 hours and over 25% in the previous two sessions. The recent price performance demonstrates remarkable market strength and sets it apart as a standout performer among the other cryptocurrencies.

Moreover, the recent price surge has aided relief to the traders and investors eagerly waiting for a recovery after a sharp fall from the record highs in the last week. Let’s analyze whether this recovery will continue to cure the investors’ wounds or fade away. Investor sentiment toward Ethena has surged significantly in recent sessions, indicating higher confidence in its long-term potential. This positivity is likely driven by the recent advancements in the ENA’s ecosystem, including strategic partnerships and innovations.

Furthermore, the broader market dynamics, such as the growing adoption of blockchain technologies and increasing interest in cryptocurrencies, have led to a base formation of a favorable environment for ENA’s growth. Although there was a significant drop in Ethena’s price last week, there was no indication of any selloff in the wallets with large amounts of cryptocurrency. As per the data collected from the app.santiment.net website, the recent sessions have shown that “whales,” who are usually known as large wallet holders, have significantly increased their accumulation of cryptocurrency. Initially, these large wallets held 97.29% of the total supply, and this percentage has now risen to 97.35% in recent sessions.
Technical Point Of View!

Additionally, at the time of writing, the RSI line (which measures momentum) is placed above the mean line, with a value of approximately 53.17. It suggests that the outlook for the asset is positive. Furthermore, a crossover of both lines was observed on the 4-hour chart, which typically indicates a bullish scenario. Overall, these technical indicators point to a potentially positive trend for crypto

LUNC Revival Efforts Continue: Terra Community Set To Pass Important Proposal !!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB The Terra community has initiated crucial proposals that could revive the cryptocurrency by bringing new changes to the Terra Classic ecosystem. With the voting process still ongoing and community feedback highlighting a potentially positive outcome, the price of LUNC, the native token of Terra Classic, has seen a major uptick.

Terra Community Set To Pass New Proposal
The Terra Classic community is set to pass two new proposals for the ecosystem, involving the decrease of maximum block size and the increase of gas fees by 10x. The voting process for the proposals is still ongoing, with only one day, and over one hour left to officially announce the results.

Reports from Validator info, a real-time data analytics platform have revealed that the proposal regarding reducing the maximum block size has gathered a staggering number of votes. Currently, 99.88% of community members and validators have voted in favor of the plan, while only a mere 0.11% have expressed opposition.

On the other hand, the second proposal to increase gas fees by 10x has had a negative reaction from Terra community members. LUNC Prices Leap Amid
Declining Trading Volume.The community’s favorable outlook on the proposals appears to have had a positive effect on the price of LUNC. Reports have revealed that the cryptocurrency witnessed a surge of over 10% in just a day. Additionally, LUNC’s trading volume had increased by over 500%.
However, despite the dramatic increase, other critical metrics remained bearish. Santiment charts disclosed a reduction in LUNC’s developmental activities and social volume. Moreover, the cryptocurrency has experienced a major price reversal. At the time of writing Terra Classic (LUNC) is trading at $0.00011, marking a 28.5% decline over the past month and a 0.21% decrease in the past 24 hours. The cryptocurrency’s 24-hour trading volume has also plummeted significantly, reflecting a 44.9% decrease.

AI predicts Terra Classic price for May 1, 2024 !!!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB Terra Classic (LUNC) has been trading relatively high in the last 48 hours or so – especially compared to its broader 30-day performance.
Still, the token is far from out of the woods. On the one hand, LUNChas been trading with substantial volatility in the last 24 hours and, at the time of publication, appears poised to solidify a renewed decline.On the other hand, despite the latest surge in price, Terra Classic’s price remains substantially below its 2024 prices and nearly 25% in the red in the last 30 days of trading.

With the hopes and concerns in mind, Finbold decided to consult the predictive artificial intelligence (AI) algorithms of a platform specializing in forecasting future prices – PricePredictions – on where the LUNC price may find itself at the start of May

According to the AI algorithms of PricePredictions, Terra Classic is likely to decisively end its 30-day downtrend but, simultaneously, it is unlikely to turn the recent rally into a more significant bull run.

Indeed, the platform forecasts that on May 1, LUNC will trade at $0.000110, meaning the cryptocurrency is expected to essentially make no significant moves in the coming days given that, at press time, it is priced at $0.0001105.
Still, given LUNC’s performance in recent weeks, the fact it offered only 13 green days out of the last 30, and that it is trading below its 200-day simple moving average, such prolonged stability appears unlikely.

The doubts are corroborated by technical analysis (TA) retrieved from TradingView on April 22, which almost universally rates Terra Classic as a sell across both oscillators and moving averages – though it is noteworthy that oscillators do flip to buy without affecting the overall ‘sell’ rating when based on the daily chart. Whether the crypto market brings strength, weakness, or stability to LUNC in the coming weeks, the token’s performance has been anything but certain in recent weeks and months.

Book Of Meme Price Prediction: Can BOME Reclaim Highs Again?

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB Book of Meme (BOME) might emerge as one such contender if investors are looking for potential winners following the recent conclusion of the Bitcoin halving. BOME is a Solana-based meme coin that is currently trading at $0.01001. Although it has experienced minor fluctuations in the past day and week, it has seen an impressive surge of 917.24% since its inception.As the market buzzes with speculations, investors are apprehensive about whether BOME will continue to provide impressive returns or lose the gains. Let’s delve into further details to understand the potential of Book of Meme crypto in the upcoming sessions.

Book of Meme (BOME) was at $0.0100, recording a positive development of 2.16% in the last 24 hours. Last week, the memecoin faced selling pressure, with its value dropping by nearly 40%.
This week, the bulls made a comeback at the lower levels and BOME has managed to recover nearly 75% of the losses incurred in the last week.

Despite these short-term fluctuations, the overall trend remains largely positive, with a surge of 917.24% since its inception.According to the CoinMarketCap website, BOME is currently the 120th largest cryptocurrency, with a market capitalization of $620.59 million. Out of a total supply of 69 billion BOME tokens, 55.2 billion tokens are currently in circulation. Although trading volume has decreased by 24.28% within the past 24 hours, BOME still maintains a healthy volume-to-market cap ratio of 44.26%. This suggests sustained interest and liquidity.

The RSI for BOME is at 53.98, indicating strong buying interest among users. Additionally, the SMA at 51.96 points has formed a bullish crossover with the RSI. This is often a sign of continued upward momentum in the absence of bearish signals.

In March, The higher RSI values led to a significant price correction. However, recent buying growth suggests that BOME’s current RSI level could indicate sustained buying pressure rather than an imminent reversal.

Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying?#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB With a significant 24-hour trading volume of $2.97 billion and a price surge to $151.34, Solana showcases robust market performance.This 5% increase over the last day has propelled Solana‘s market capitalization to approximately $67.62 billion, cementing its position as the fifth largest by market cap.As market watchers closely monitor these developments, Solana price predictions become increasingly optimistic, let’s take a look at Solana’s technical outlook.

Solana Price Prediction

Solana’s pivot point set at $147.20 with an immediate resistance at $164.56, with further hurdles at $185.94 and $204.26.
Should the momentum continue, crossing these barriers could indicate a stronger bullish trend for Solana. Conversely, support levels are identified at $126.23, followed by $110.96 and $92.64. These levels could provide significant bounce-back points if downward pressures emerge.

The Relative Strength Index (RSI) currently sits at 39, suggesting that Solana is nearing oversold conditions, which may prompt buying interest if it dips further. Additionally, the 50-Day Exponential Moving Average (EMA) at $156.28 presents a potential resistance level.

The EMA’s proximity to the current price implies that Solana is testing significant technical thresholds.In conclusion, while the current outlook for Solana is bullish above the $147.20 pivot, a drop below this mark could trigger a sharper sell-off.Investors and traders will be watching these levels closely, as a breakout could lead to further gains, while failure to hold could see Solana retreating to lower support zones.The key will be whether Solana can sustain its upward momentum amidst the broader market conditions and overcome the resistance posed by the 50-day EMA.

Solana Dog Coin Bonk (BONK) Soars 43%, Here's Key Reason !!

#BullorBear #Memecoins #bitcoinhalving #WIF #SHIB Bonk (BONK), a dog-themed token based on the Solana blockchain, surged an impressive 43% in response to a broader rally among meme coins and the proposal for a substantial treasury burn totaling a staggering 280 billion tokens. At the time of writing, BONK was up 41.82% in the last 24 hours to $0.00002134, and up 35.83% in the previous seven days. BONK's 24-hour trading volume has risen 391%, with $431.53 million worth of trade.

BONK surged to intraday highs of $0.00002192, extending a three-day rise from lows of $0.00001357 on April 18. If today closes in green, BONK will mark its fourth day of consecutive gains.

The recent surge in the price of Bonk can be attributed to a few reasons, chief among them being the resurgence of meme coins in the broader cryptocurrency market. As meme coins garnered renewed interest, investors turned their attention to projects within the Solana ecosystem, seeking opportunities for outsized returns.
Bonk's recent price jump might not be solely due to the meme coin rally; it might have also been fueled by a substantial proposal to burn 280 billion BONK tokens.

As stated in a tweet, BONK DAO, the decentralized arm of BONK, has received a proposal to burn 280 billion BONK from its Treasury.

BONK DAO proposes to burn 278,393,137,215 BONK from its Treasury, which represents 100% of the BONK generated by BONK DAO under its revenue-sharing arrangement with BONKBot since its launch in late 2023.

By burning the BONK earned, BONK DAO would reduce the total supply of BONK while recognizing the community's desire to have a matching burn from the DAO, as done by BONKBot on an ongoing basis. The proposal has been met with enthusiasm from the Bonk community, which views the burn as a positive step toward stabilizing the coin's market and fostering growth. As the proposal awaits approval, the anticipation has contributed to the buying frenzy, pushing Bonk's price higher.

Bonk Price Prediction: BONK Soars 27% As Meme Coin Mania Erupts After The Bitcoin Halving!!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB The Bonk price has surged 27% in the last 24 hours to trade at $0.000001960 as of 7:35 p.m. EST on a 129% surge in trading volume to $253 million.
It comes as meme coin mania returns after the Bitcoin halving was completed, with the sector’s market cap spiking and top names including Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF), and Pepe (PEPE) all on a tear.

Bonk Price Rebounds In The Wake Of Bitcoin Halving Event !

Bonk price took a hit after hitting resistance at $0.00004291. Despite efforts from buyers to raise the price, sellers kept pushing it down, reaching the support zone at $0.00001357. This zone has seen steady activity over the past week.
Bonk is trading above the 50 Simple Moving Average (SMA), a resistance level for its price. However, if the upward momentum continues to grow, it could encourage buyers to push the price above the 200 SMA, confirming the recent momentum.The Relative Strength Index (RSI) has been on a gradual uptrend from the 30 oversold level, culminating to a sharp spike above the 50 midline level to 81 in the overbought region.

Bonk Price Prediction: Can Bonk Sustain The Momentum?

Bonk price bulls indicate resilience regrouping at the $0.00001357 support zone, driving the price upwards. Furthermore, the RSI supports the momentum, helping the bulls push the price upwards as they aim to reclaim March 29 at $0.00002937.However, the bears might take advantage of the RSI trading in the overbought region to drive the price downwards in a corrective state. This could force the bulls to retreat to the support zone at $0.00001752, coinciding with the 50 SMA.

Shiba Inu (SHIB) Price Forecast: Imminent Breakout above $0.000030?!!

#BullorBear #Memecoins #WIF #SHIB #sui
Shiba Inu (SHIB) has consolidated within the $0.000021 - $0.000024 channel since the start of the week on April 14.
In the last 7-days SHIB holders have shifted $9 million worth of SHIB from crypto exchanges and trading platforms, suggesting that the majority of investors are bracing up for a rebound phase.
In the Shiba Inu derivative markets, Bull traders are now in firm control with over $2.10 million SHIB leveraged positions exceeding the total active SHORTs contracts worth $1.1 million.
Shiba Inu (SHIB) price has hovered within the $0.000021 – $0.000024 channel since the start of the week on April 14. After a week of consolidation, recent market movement suggests that SHIB bulls are now bracing up for a rebound phase.
At the time of writing on April 20, SHIB was trading just above $0.0000024. As crypto investors position their traders to front-on potential gains from the Bitcoin Halving, could the SHIB price be on the brink of a $0.00003 retest?

Shiba Inu price has conspicuously managed to avoid a major reversal below the $0.00002 mark this week, while the global crypto market has shed over $50 billion due to bearish headwinds from the escalating geo-political crisis in the Middle East.
On-chain data suggests the resilient SHIB price action has been partly driven by investors opting to hold out for future gains rather than sell into the raging market FUD (Fear Uncertainty and Doubt).
Coinglass’chart below tracks the net-flow of SHIB tokens across the top 10 largest exchanges, over the last seven days dating back to April 13

The chart above shows that investors moved approximately $9 million worth of SHIB tokens from crypto exchange-hosted wallets between April 13 and April 19.Negative flows of assets mean investors withdrew more tokens into cold storage than the total number of tokens deposited on exchanges during the specified period. When this trend appears during a period of flat price action, it sends positive signals for two key reasons

Omni Network Price Prediction: Is $100 Within Reach Amid Airdrop Sell-Off ?
#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB Omni network price prediction: OMNI addresses the issue of divided Ethereum rollups by offering a platform where developers can create applications with global reach. It leverages Ethereum’s security through EigenLayer re-staking. Omni Network’s value has dipped due to a prolonged market downturn.Omni Network price is currently experiencing a significant fluctuation. Over the past day, the value plummeted by a substantial 44.57%. Following its airdrop event, the value of Omni Network, a primary blockchain layer, experienced a steep decline, shedding over half of its market worth. In the previous day’s trading, the OMNI token hit an all-time high of $54.24 before experiencing a significant pullback.

a Layer-1 blockchain, launched on April 17th. During this launch, an airdrop distributed 3 million OMNI tokens, representing 3% of the company’s 100 million token supply. At the time of the airdrop, OMNI’s market valuation reached $560 million. This strategic distribution aimed at rewarding eligible participants highlights Omni Network’s robust entry into the crypto market.

The market capitalization mirrors this decline, having also dropped by the same percentage to a current figure of approximately $263 million. In stark contrast, trading activity surged, with volume skyrocketing by 629%, indicating a sudden spike in investor transactions. This puts the trading volume at over $538 million.

Despite the price decrease, Omni Network maintains a circulating supply of over 10 million OMNI tokens. This represents 10.39% of the total possible supply. The cryptocurrency has a set total and maximum supply of 100 million OMNI tokens. As for the fully diluted market capitalization, it stands at around $2.5 billion.

Omni Network emphasized its Ethereum alignment by restaking instead of the lavish burns common in the sector. On April 18th, their contract consumed more gas than Uniswap’s router, highlighting this method’s impact.

Omni Network (OMNI) Plunges Over 50% a Day After Launch !!

#bitcoinhalving #BullorBear #Memecoins #WIF #SHIB Omni Network has faced a slight setback.
The protocol’s native token dropped significantly a day after launch.
Various factors could have contributed to the poor performance.Omni Network’s native token OMNI has significantly dropped over the last 24 hours following its massive airdrop and listings on major crypto exchanges like Binance, Bybit, and Bitget.Officially launched on April 17, OMNI attracted considerable attention in the crypto community after airdropping 3 million tokens to early test network users, developers, and participants. However, this key milestone’s euphoria didn’t last long, as the token took a downward trajectory within hours of trading.

OMNI Crashes to All-Time Lows

Within a mere 30 minutes of its launch, the price of OMNI, as per CoinMarketCap data, plummeted by 30%, dropping from $53.80 to below $39. This rapid descent was followed by further volatility, with the token’s value plunging by over 50% to trade at $25.12 at the time of writing.
OMNI’s fall could have been attributed to various factors, including the overall crypto market instability, which saw Bitcoin (BTC) fall almost 17% from its all-time high to trade below $60,000 on Wednesday.Massive token sales from airdrop claimants could have potentially impacted the market, given that OMNI’s trading volume teased north of $830 million hours after its launch. Following the price drop, the trading volume has since fallen to $331 million.
Another factor that likely contributed to OMNI’s drastic performance is the sudden emergence of a fake token, which blockchain security firm PeckShield declared shares the same name as the legitimate OMNI token.