Latest news with #BONK
Yahoo
18 hours ago
- Business
- Yahoo
BONK Tests Support Levels After High-Volume Drop
BONK has endured heavy selling pressure during the last 24 hours, with the Solana-based meme token falling 4% from $0.000035 to $0.000033. A volatile trading range of $0.000014 defined the session as investors digested elevated valuations and market-wide positioning shifts. The asset reached an early peak of $0.0000377 at 02:00 UTC, but efforts to extend higher were met with pronounced resistance around the $0.000038 level. This price ceiling coincided with a significant surge in trading activity, with volume climbing above 2.66 trillion tokens, more than double the 24-hour average, according to CoinDesk's technical analysis data model. That inflection point catalyzed a swift directional shift, leading to persistent selling throughout the day. By 13:00 UTC, BONK had slipped to $0.000033, marking the day's low. During this decline, token turnover reached 2.82 trillion, confirming elevated participation and heightened volatility. The most notable activity emerged during the 13:41–13:51 UTC window, when trading volume surged past 145 billion tokens over several minutes, signaling intense short-term repositioning by high-volume traders and institutions. The move coincided with a broader pullback across the crypto asset class. Leading altcoins such as SOL, ADA, and DOGE also faced declining momentum as investors locked in gains from earlier rallies. Technical resistance across major benchmarks, including ETH and BTC, contributed to sector-wide rebalancing—particularly among high-beta assets like BONK, which had previously outperformed. This retracement phase appears to reflect a temporary market cooldown rather than a fundamental shift in sentiment. Technical Analysis Price dropped 4% from $0.000035 to $0.000033 between July 22 and July 23. Intraday trading range spanned $0.000014. Resistance formed at $0.000038 with 2.66 trillion tokens traded at peak. Volume peaked at 2.82 trillion tokens during the move to a low of $0.00003278. Notable spike: 145B+ tokens traded in the 10-minute stretch from 13:41–13:51 UTC. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
BONK Climbs 4% After Binance Reclassification. Then Dips on Profit-Taking
BONK delivered a strong intraday performance on July 21, rising 4% to a high of $0.000037 before late profit-taking pulled the price back to $0.00003492, ending the 24-hour window with a +1.3% gain. The Solana-based meme token benefited from renewed investor confidence following Binance's removal of BONK's 'Seed Tag,' a label typically applied to higher-risk projects. The upgrade, announced on July 21, aligns BONK with more established tokens, reducing perceived regulatory risk and opening the door to greater institutional participation. The news helped drive BONK's explosive advance between 06:00 and 13:00 UTC, with volume soaring to 3.19 trillion tokens and price breaking upward from $0.000034 to test the $0.000037 resistance zone, according to CoinDesk's technical analysis data. Technically, BONK traded in a $0.000045 intraday range, reflecting 14% volatility from trough to peak. The advance was marked by persistently higher lows and strong accumulation below $0.000035, but a clear ceiling formed at $0.000037, where distribution began to outpace demand, according to the model. BONK thereafter fell 2% from $0.000036 to $0.000035. The 15:32 UTC candle alone saw 73 billion tokens traded, indicating profit taking near session highs. Despite the pullback, BONK's structural resilience and the positive reclassification signal by Binance suggest strong underlying sentiment. Traders now look to see if the $0.000035 support zone holds, which could lay the groundwork for another breakout attempt should volume return, the model showed. Technical Analysis Highlights BONK traded in a wide $0.000045 range with peak volatility of 14%. Price rallied from $0.000034 to $0.000037 between 06:00–13:00 UTC. Session high at $0.000037 faced resistance with volume peaking at 3.19T tokens. Binance removed BONK's Seed Tag, improving institutional perception. Price dropped 2% in final hour from $0.000036 to $0.000035 on elevated sell volume. 73B tokens traded at 15:32 UTC marked the session's heaviest profit-taking. Support now seen at $0.0000345–$0.000035 ahead of next directional move. Current price: $0.00003492, up 1.3% over the 24-hour period. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
BONK Holds Key Support as Volatility Grips Market
BONK traded in a wide 8% range from $0.0000328 to $0.0000358 between July 21 and July 22, ultimately falling 4% lower at $0.00003494. Despite the decline, the Solana-based meme token demonstrated resilience by defending key support at the $0.000033 level, where heavy trading volume signaled strong buyer interest. A sharp rally saw BONK briefly spike to its daily high before retreating on profit-taking, as more than 100 billion tokens changed hands. Investor sentiment was shaped by several developments, including a $11.4 million BONK transfer to Binance by Galaxy Digital after building a $30 million position, and Binance's removal of its 'Seed Tag' risk label on BONK - an indicator of increasing institutional confidence. The BonkFun platform also continued to lead the memecoin launchpad sector, generating $19.3 million in fees for the second consecutive week. While short-term volatility remains elevated, the ability to maintain key technical support levels suggests underlying strength in BONK's market structure as it navigates renewed interest from both retail and institutional participants. Technical Analysis Trading range: $0.000029 representing 8 per cent spread between high and low prices. Robust support level established at $0.000033 with elevated buying interest. Volume spikes exceeding 100 billion tokens during key support tests. Recovery momentum from $0.000034 to $0.000036 peak. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Economic Times
3 days ago
- Business
- Economic Times
Next big meme coins? Top Shiba Inu alternatives to watch in 2025
Advertorial Spotlight Wire Bitcoin just hit a fresh all-time high, much to the delight of crypto optimists. The recent surge has shifted market dynamics, pulling altcoins and meme coins back into action. Meme coins in particular are picking up steam. Shiba Inu (SHIB), one of the most popular meme tokens of the last cycle, has jumped over 12% on the monthly chart. After a long period of lukewarm activity, this marks SHIB's most notable move, reigniting the community. Once seen as a fading relic of the last meme coin wave, SHIB's latest gains have reopened discussions about its place in the current crypto super cycle. Will Shiba Inu manage to extend this rally, or will the spotlight shift to newer meme coins promising bigger gains? Let's find out. Shiba Inu jumps 12% on the monthly chart After months of sluggish performance, the Shiba Inu (SHIB) price is finally showing signs of life. The token has recorded a 12% gain on the monthly chart, pushing its market cap to $7.7 cements SHIB's position as the second-largest meme coin, still trailing behind Dogecoin, but comfortably ahead of the rest of the pack. Indicator Current Signal Implication Momentum (10) Buy Indicates rising upward pressure MACD Level (12, 26) Buy Suggests potential for continued rally RSI (14) Neutral (46.2) Room to rise before overbought territory EMA (10) Buy Short-term trend supportive of gains SMA (50) Sell Long-term caution remains Five key indicators to watch over the next month SHIB technical indicators suggest cautious optimism. Momentum and MACD levels are giving buy signals, and short-term moving averages support the possibility of a continued rise At the same time, long-term moving averages remain bearish. It signals that any rally may face resistance unless volume and sentiment the current trend holds, SHIB could push toward the $0.00001750 level in the coming weeks. However, if the trend weakens, a fall back to $0.00001150 is likely. Can SHIB sustain the momentum? Although the Shiba Inu price has managed a modest comeback, its growth potential is being tested. The meme coin space has evolved over the last few years, and SHIB is no longer the scrappy underdog. Traders see it as an old, boring incumbent. New meme coins are wasting no time capitalising on the trend shift. Take BONK, for instance. It surged nearly 77% in the past month, crossing a $2 billion market cap. BONK's total lifetime gains now exceed over 27,000%. But even BONK is beginning to show signs of saturation, as the high valuation makes exponential growth harder to justify. Especially for new retail entrants looking for high-multiplier returns, low-cap coins that offer either raw meme potential or early utility narratives make more names at the centre of the new narrative are TOKEN6900 and Bitcoin Hyper. While TOKEN6900 doesn't pretend to be anything other than what it is, Bitcoin Hyper blends meme culture with practical features. TOKEN6900 is a token built to entertain and excite. Bitcoin Hyper is building faster and cheaper Bitcoin transactions through a Layer-2 protocol, adding substance to the hype. For investors hunting the next multifold opportunity, these early-stage tokens may offer the kind of upside that legacy meme coins like SHIB and DOGE can no longer Shiba Inu price once depended on irony. TOKEN6900 takes it to the next level and strips away the pretense. Branded as the anti-S&P 500 for terminally online traders, $T6900 is unapologetically other words, it is viral by design. Rather than trying to solve problems or build fundamentals, the project mocks traditional finance, Web3 utility hype, and fake promises. It has no roadmap either because according to its creators, 'everything else is pretending.' In a market bloated with many tokens trying to be something they're not, TOKEN6900 positions itself as the only honest player. The website makes it clear that the project offers nothing but meme-fuelled chaos and satire. The project's inspiration is a cocktail of early 2000s internet culture and the absurdity of SPX6900, the index-based top meme coin that exploded by over 47 million%. TOKEN6900 claims to be 'objectively superior' to SPX6900 by having one extra token in 80% of the token supply available during its fair and capped $5 million presale, TOKEN6900 is gunning for cultural capital– not credibility. It even brands itself as the world's first NCT (Non-Corrupt Token), mocking central banks, 401ks, inflation, and anyone still pretending the system works. The $T6900 presale is now live, and is on its way to the $1,000,000 milestone. Visit the $T6900 presale Bitcoin Hyper (HYPER) is scaling Bitcoin without the compromise If TOKEN6900 proves that absurdity can fuel a token, Bitcoin Hyper ($HYPER) shows that fun and utility don't have to be at odds. Positioned at the other end of the top meme coin spectrum, Bitcoin Hyper brings real-world scalability to the Bitcoin ecosystem. Bitcoin has long been treated as a store of value. Bitcoin Hyper gives it a dynamic second life. It's not a fork. It's not a sidechain. It's a full Layer 2 powered by Solana's Virtual Machine (SVM) that aims to deliver lightning-fast transactions, low fees, and the ability to build dApps, run DeFi, and launh meme tokens on Bitcoin itself. Using a trustless bridge and ZK proofs, Bitcoin Hyper plans to bring interoperability with Ethereum, Solana, and beyond. It unlocks speed, flexibility, and utility: three features that Bitcoin never had, until now. Watch Here: However, Bitcoin Hyper isn't just for developers and power users. It's built for anyone who wants to see Bitcoin move faster than 'store of value' memes. $HYPER fuels the ecosystem utilities, from passive income and governance to launch access. The token has raised $1.8 million in its presale so far. Visit the $HYPER presale $HYPER vs $T6900: Who's coming for Shiba Inu's throne?Where TOKEN6900 strips away utility to highlight the absurdity of modern finance, Bitcoin Hyper layers it back in without sacrificing cultural capital. Together, they represent two sides of the market. The growing traffic to both $HYPER and $T6900 presale shows that there is demand for both meme coin chaos and hypercharged utility. Now in the presale phase, investors can grab these tokens for low, fixed prices before their exchange listings. Passive income programmes are active right from the presale phase. But it's important to remember that each new presale phase will see a slight price increase and a drop in passive reward rate, encouraging early participation. Name: TOKEN6900 Email: info@ Name: Bitcoin Hyper Email: support@ *You must be at least 18 years old to access this Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. N.R. 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Time of India
3 days ago
- Business
- Time of India
Next big meme coins? Top Shiba Inu alternatives to watch in 2025
Advertorial Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Indicator Current Signal Implication Momentum (10) Buy Indicates rising upward pressure MACD Level (12, 26) Buy Suggests potential for continued rally RSI (14) Neutral (46.2) Room to rise before overbought territory EMA (10) Buy Short-term trend supportive of gains SMA (50) Sell Long-term caution remains Tired of too many ads? Remove Ads Bitcoin just hit a fresh all-time high, much to the delight of crypto optimists. The recent surge has shifted market dynamics, pulling altcoins and meme coins back into coins in particular are picking up steam. Shiba Inu (SHIB), one of the most popular meme tokens of the last cycle, has jumped over 12% on the monthly chart. After a long period of lukewarm activity, this marks SHIB's most notable move, reigniting the seen as a fading relic of the last meme coin wave, SHIB's latest gains have reopened discussions about its place in the current crypto super cycle. Will Shiba Inu manage to extend this rally, or will the spotlight shift to newer meme coins promising bigger gains? Let's find months of sluggish performance, the Shiba Inu (SHIB) price is finally showing signs of life. The token has recorded a 12% gain on the monthly chart, pushing its market cap to $7.7 cements SHIB's position as the second-largest meme coin, still trailing behind Dogecoin, but comfortably ahead of the rest of the technical indicators suggest cautious optimism. Momentum and MACD levels are giving buy signals, and short-term moving averages support the possibility of a continued riseAt the same time, long-term moving averages remain bearish. It signals that any rally may face resistance unless volume and sentiment the current trend holds, SHIB could push toward the $0.00001750 level in the coming weeks. However, if the trend weakens, a fall back to $0.00001150 is the Shiba Inu price has managed a modest comeback, its growth potential is being tested. The meme coin space has evolved over the last few years, and SHIB is no longer the scrappy underdog. Traders see it as an old, boring incumbent. New meme coins are wasting no time capitalising on the trend BONK, for instance. It surged nearly 77% in the past month, crossing a $2 billion market cap. BONK's total lifetime gains now exceed over 27,000%.But even BONK is beginning to show signs of saturation, as the high valuation makes exponential growth harder to justify. Especially for new retail entrants looking for high-multiplier returns, low-cap coins that offer either raw meme potential or early utility narratives make more names at the centre of the new narrative are TOKEN6900 and Bitcoin Hyper. While TOKEN6900 doesn't pretend to be anything other than what it is, Bitcoin Hyper blends meme culture with practical is a token built to entertain and excite. Bitcoin Hyper is building faster and cheaper Bitcoin transactions through a Layer-2 protocol, adding substance to the hype. For investors hunting the next multifold opportunity, these early-stage tokens may offer the kind of upside that legacy meme coins like SHIB and DOGE can no longer Shiba Inu price once depended on irony. TOKEN6900 takes it to the next level and strips away the pretense. Branded as the anti-S&P 500 for terminally online traders, $T6900 is unapologetically other words, it is viral by design. Rather than trying to solve problems or build fundamentals, the project mocks traditional finance, Web3 utility hype, and fake promises. It has no roadmap either because according to its creators, 'everything else is pretending.' In a market bloated with many tokens trying to be something they're not, TOKEN6900 positions itself as the only honest website makes it clear that the project offers nothing but meme-fuelled chaos and satire. The project's inspiration is a cocktail of early 2000s internet culture and the absurdity of SPX6900, the index-based top meme coin that exploded by over 47 million%. TOKEN6900 claims to be 'objectively superior' to SPX6900 by having one extra token in 80% of the token supply available during its fair and capped $5 million presale, TOKEN6900 is gunning for cultural capital– not credibility. It even brands itself as the world's first NCT (Non-Corrupt Token), mocking central banks, 401ks, inflation, and anyone still pretending the system works. The $T6900 presale is now live, and is on its way to the $1,000,000 TOKEN6900 proves that absurdity can fuel a token, Bitcoin Hyper ($HYPER) shows that fun and utility don't have to be at odds. Positioned at the other end of the top meme coin spectrum, Bitcoin Hyper brings real-world scalability to the Bitcoin has long been treated as a store of value. Bitcoin Hyper gives it a dynamic second life. It's not a fork. It's not a sidechain. It's a full Layer 2 powered by Solana's Virtual Machine (SVM) that aims to deliver lightning-fast transactions, low fees, and the ability to build dApps, run DeFi, and launh meme tokens on Bitcoin a trustless bridge and ZK proofs, Bitcoin Hyper plans to bring interoperability with Ethereum, Solana, and beyond. It unlocks speed, flexibility, and utility: three features that Bitcoin never had, until Bitcoin Hyper isn't just for developers and power users. It's built for anyone who wants to see Bitcoin move faster than 'store of value' memes. $HYPER fuels the ecosystem utilities, from passive income and governance to launch access. The token has raised $1.8 million in its presale so TOKEN6900 strips away utility to highlight the absurdity of modern finance, Bitcoin Hyper layers it back in without sacrificing cultural capital. Together, they represent two sides of the growing traffic to both $HYPER and $T6900 presale shows that there is demand for both meme coin chaos and hypercharged in the presale phase, investors can grab these tokens for low, fixed prices before their exchange listings. Passive income programmes are active right from the presale it's important to remember that each new presale phase will see a slight price increase and a drop in passive reward rate, encouraging early Hypersupport@
