Bonk Inu (Flag) leads the momentum of the cryptography market at the beginning of July 3, the rise up 21% to become the largest winner among the 100 largest cryptocurrencies by market capitalization.
Currently, Bonk is traded at $ 0.00001689, after climbing a session hollow of 0.00001568 to reach an intraday peak of $ 0.00001750, marking its highest level in 28 days.
The rally coincided with a renewal of the optimism of risk assets after the resumption of Bitcoin over the $ 110,000 threshold, which sparked a wide rebound on the established cryptocurrencies.
Kols and Whales confirm Bonk’s configuration to direct the cryptography market with 100% + potential
Bonk has experienced a particularly strong dynamic with the volume of negotiations jumping 366% to exceed $ 583 million in the last 24 hours.
This thrust propelled Bonk’s market capitalization over $ 1.3 billion, solidifying its position as the second largest based in Solana, only taking over President Trump, even (Trump), who has a market capitalization of $ 1.79 billion.
The momentum seems durable while many cryptographic analysts continue to express a bullish feeling about the same, citing a significant potential of rising.
The veteran aliccryptto crypto merchant, which has been active on the market since 2012, has provided an updated analysis confirming that the Bonk price movement aligns with its expectations and has planned an additional 100% + current levels.
Likewise, Bluntz Capital, a trader same with more than 322,000 subscribers, shared comparable optimism.
While wondering if Bonk can recover its higher in November 2024 from $ 0.00005916 in this cycle, they expect an increase of 100 to 130% compared to the current levels.
Several other traders share similar positive projections.
In addition, whales, the founders of the project and the main opinion leaders remain optimistic about the graph of Bonk, frequently asking for “Wen Bonk”, a cryptographic slang wondering when a high price increase could occur.
The chain analysis reveals that a newly created portfolio recently accumulated $ 180,000 from Bonk, displaying a typical FOMO behavior commonly observed during high market trends.
In addition, Solana’s founder and CEO, Anatoly Yakovenko, was spotted engaging with the content linked to Bonk.
Solana letsbonk.fun crushes pump.fun with a volume explosion of 126%
Adding another catalyst, the Launchpad token of the Bonk, letsbonk.fun foundation, has taken on a notable dynamic.
LetsBonk.Fun recently exceeded the launching pump of OG.Fun in daily volume, with Pump.
This development benefits Bonk holders as 50% of LetsBonk’s revenues.
The domination of the Pump.fun market increased from more than 90% to 70.4%, while the share of LetsBonk.Fun increased to 13.4% of the same market.
Bonk’s eminent defender known as “Bonk Guy” continues to encourage the community to stay focused on the same, maintaining his conviction that Bonk represents the most accessible path to an opportunity of $ 10 billion + memecoin in this bull cycle.
Technical breach target of 0.000033372: 100% confirmed increase
The daily graphic Bonk / USDT displays an increased break from a descending channel model, indicating a reversal of the previous decrease trend.
After the resumption of the momentum, the price exceeded the medium of exponential key moving (EMA 20, 50, 100 and 200), which are now grouped below the current price at 0.00001667, suggesting a bull.
Bonk is considering the level of $ 0.00003,372, which represents around 100% of current prices.
This objective corresponds to a previous summit and serves as the next level of resistance next. The increase in volume validates the authenticity of the rupture.
If the price erases the initial resistance zone almost $ 0.00002,000, an additional 72% rally is projected, which has potentially led Bonk to the region of $ 0.00005500.
The momentum remains resolutely optimistic and the sustained purchase pressure should support the continuation of upward movements.
However, not maintaining the levels above the EMA cluster could cause the rupture zone a reward before resumption of the advance.
The post Bonk leads the cryptography market with a 21% gain, while whales pay $ 180,000 – is a 100% rally? appeared first on Cryptonews.



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