Solana

Honk

Million

Donald Trump

Coin

<p><span style="font-weight: 400;">The Honk price </span><a href="https://www.coingecko.com/en/coins/honk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">plummeted</span></a><span style="font-weight: 400;"> more than 14% over the past 24 hours to trade at $0.01399 as of 11:45 pm EST.</span></p>
<h2 id="span-style-font-weight-400-the-honk-price-has-formed-a-bearish-channel-span"><span style="font-weight: 400;">The Honk Price Has Formed A Bearish Channel</span></h2>
<p><img decoding="async" src="https://s3.tradingview.com/snapshots/n/nKA0JvQT.png" alt="TradingView Chart"></p>
<p><span style="font-weight: 400;">4-hour chart for HONK/USDT (Source: </span><a href="https://www.tradingview.com/x/nKA0JvQT/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">TradingView</span></a><span style="font-weight: 400;">)</span></p>
<p><span style="font-weight: 400;">The </span><a href="https://insidebitcoins.com/news/honk-price-prediction-honk-pumps-25-but-experts-say-consider-this-gamefi-newcomer-for-100x-gains" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Honk</span></a><span style="font-weight: 400;"> price has been trading in a consolidation channel since Jan. 27. In the last 24 hours, however, the altcoin has printed a series of lower lows and lower highs. This has led to the formation of a descending price channel. Should this sell pressure persist, HONK could soon retest the support level at $0.012040.</span></p>
<p><span style="font-weight: 400;">This bearish thesis may be invalidated if the Honk price is able to overcome the $0.016115 resistance. This will not only place it above the current bearish channel, but will also result in the crypto flipping the $0.016115 resistance into support. Buyers may then identify this as a long entry, which will subsequently lead to </span><a href="https://insidebitcoins.com/news/honk-price-prediction-bonk-competitor-honk-skyrockets-381-as-experts-say-this-challenger-might-be-next-to-explode" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">HONK</span></a><span style="font-weight: 400;"> rising. As a result, the Honk price could attempt to break through the $0.019125 threshold as well.</span></p>
<h2 id="span-style-font-weight-400-the-honk-price-is-trying-to-break-its-negative-cycle-span"><span style="font-weight: 400;">The Honk Price Is Trying To Break Its Negative Cycle</span></h2>
<p><span style="font-weight: 400;">The Honk price is currently attempting to overcome the middle level of the descending price channel. A 4-hour candle close above this point may be an early indication of a bullish move. Conversely, HONK failing to establish a position above this mark could put it at risk of continuing to drop in the next 48 hours.</span></p>
<p><span style="font-weight: 400;">While the Honk price may continue to drop, Meme Kombat is fast-approaching the $8 million mark in its presale.</span></p>
<h2 id="span-style-font-weight-400-introducing-gaming-to-the-meme-coin-space-span"><span style="font-weight: 400;">Introducing Gaming To The Meme Coin Space</span></h2>
<p><a href="https://insidebitcoins.com/visit/memekombat" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Meme Kombat</span></a><span style="font-weight: 400;"> is a decentralized gaming platform where the most well-known memes will soon battle it out. Token holders will be able to place bets on these battles on who they think the winner will be. </span></p>
<p><span style="font-weight: 400;">They will then receive rewards if their character wins. In addition to this, there will also be more-hyped battles that will take place within the ecosystem, which will give players the opportunity to earn more lucrative rewards.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">The $7.6 million milestone has been put to bed!</p>
 <p>We keep pushing! $25k giveaway at $8million🥊 <a href="https://t.co/muZYlQPg4J" rel="noopener noreferrer nofollow">pic.twitter.com/muZYlQPg4J</a></p>
 <p>— Meme Kombat (@Meme_Kombat) <a href="https://twitter.com/Meme_Kombat/status/1751649546071937334?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 28, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Apart from the potential to earn rewards, Meme Kombat is also offering early-stage investors a staking program with an attractive Annual Percentage Yield (APY) of 122%. Investors who purchase the project’s token, MK, through its presale will automatically have their tokens staked for them. </span></p>
<h2 id="span-style-font-weight-400-set-to-become-the-next-meme-coin-king-span"><span style="font-weight: 400;">Set To Become The Next Meme Coin King?</span></h2>
<p><iframe title="🚀💸 Meme Kombat SMASHES Records! 💥 $7.5M Raised in Insane ICO 🚨 Is This the Next 10X Crypto MOONSHOT?" width="640" height="360" src="https://www.youtube.com/embed/naryLdPq4KQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">A handful of lucky investors have been able to amass substantial gains trading new meme coins in the past few months. Now, investors are getting ready to profit from the rise of Meme Kombat, as shown by the project’s booming presale.&nbsp;</span></p>
<p><span style="font-weight: 400;">One potential reason that Meme Kombat has many investors excited is its appeal to the meme coin community, as well as its innovative gaming platform. Not only does this introduce a high degree of utility not commonly associated with meme coin projects, it also positions the project perfectly to capitalize on the rapidly-growing blockchain gaming sector. </span></p>
<p><span style="font-weight: 400;">The crypto is selling for $0.279 and can be purchased using either ether (ETH), Tether (USDT), bank card or Binance Coin (BNB).</span></p>
<p>Visit the official website and buy Meme Kombat <a href="https://insidebitcoins.com/visit/memekombat" rel="noopener noreferrer nofollow">here</a>.</p>
<h3 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles:</span></h3>
<ul>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/donald-trump-holds-1-million-in-trump-meme-coin-after-15000-gain" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Donald Trump Holds $1 Million In TRUMP Meme Coin After 15,000% Gain</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/solana-meme-coin-wen-made-one-trader-1-6-million-in-just-14-hours" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Solana Meme Coin WEN Made One Trader $1.6 Million In Just 14 Hours</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-crypto-icos-2024-top-picks-big-returns-juliana-clarisse-calsona-zcxqe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Best Crypto ICOs of 2024: Top Picks for Big Returns</span></a></li>
</ul>
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
 <div class="inContentProviderSingle--wrapper">
  <div class="container">
   <div class="row mb-lg-3">
    <div class="col-12 col-md-8">
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p>
    </div>
    <div class="col-12 col-md-4">
     <div class="inContentProviderSingle--rating">
      <div class="rating--holder">
       <p class="rating--text">Rating</p>
       <div class="rating--star-container">
        <div class="rating--star" style="width: 100%;"></div>
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="row">
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
    <div class="col-12 col-md-8">
     <ul class="inContentProviderSingle--list">
      <li>Audited By Coinsult</li>
      <li>Decentralized, Secure Cloud Mining</li>
      <li>Earn Free Bitcoin Daily</li>
      <li>Native Token On Presale Now - BTCMTX</li>
      <li>Staking Rewards - Over 100% APY</li>
     </ul>
    </div> 
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
   </div>
   <div class="row">
    <div class="col-12 text-center">
     <div class="inContentProviderSingle--button"><a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="noopener noreferrer nofollow">Learn More</a>
     </div>
     <div class="inContentProviderSingle--disclaimerText">
     </div>
    </div>
   </div>
  </div>
 </div>
</div>

Honk Price Prediction: Solana Meme Coin HONK Plunges 14% As This New GameFi Presale Roars Towards $8 Million

Table of Contents

Inside Bitcoins

Other articles published on Jan 30, 2024

As Bitcoin SV and The Sandbox Struggle, Rebel Satoshi Gains Traction with Innovative Features

U.S. economy’s new strength challenges Federal Reserve

Top three meme coins to consider as BONK and DOGE slides

German authorities seize record 50,000 Bitcoins in major cybercrime crackdown

Osmosis Rebounds Strongly: Can OSMO Crypto Maintain Its Momentum?

About $XPAY, a memecoin inspired by Elon Musk's new service, XPayments

Join our free newsletter for daily crypto updates!