Token

Solana

Honk

HONK

<p><span style="font-weight: 400;">The Honk price has plunged 37% in the last 24 hours </span><a href="https://www.coingecko.com/en/coins/honk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $0.008509</span></a><span style="font-weight: 400;"> as of 4:44 a.m. EST on trading volume that plummeted 48% to $1.5 million.</span></p>
<p><span style="font-weight: 400;">Within the vibrant Solana ecosystem, Honk has emerged as a formidable competitor to Bonk, drawing inspiration from the beloved Untitled Goose Game meme, known for its playful and mischievous goose character.</span></p>
<p><span style="font-weight: 400;">Despite the recent downturn, Honk has showcased remarkable resilience, boasting an impressive 81.10% price surge over the last week.&nbsp;</span></p>
<p><span style="font-weight: 400;">This surge surpasses the performance of comparable cryptocurrencies within the Solana ecosystem, which have collectively seen a 16.2% increase in value.</span></p>
<h2 id="span-style-font-weight-400-honk-price-bulls-anticipate-a-bullish-trend-reversal-span"><span style="font-weight: 400;">Honk Price Bulls Anticipate A Bullish Trend Reversal</span></h2>
<figure id="attachment_479361" aria-describedby="caption-attachment-479361" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-479361" src="https://insidebitcoins.com/wp-content/uploads/2024/02/image-31.png" alt="Honk Price Chart Analysis. Source: Tradingview.com" width="1433" height="620" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/image-31.png 1433w, https://insidebitcoins.com/wp-content/uploads/2024/02/image-31-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/image-31-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/image-31-768x332.png 768w" sizes="(max-width: 1433px) 100vw, 1433px">
 <figcaption id="caption-attachment-479361" class="wp-caption-text">
  HONKUSDT Chart Analysis. Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">HONK price shows the bulls propelling the price upwards, reaching $0.03141 resistance that allowed the bears to force the price to decline.</span></p>
<p><span style="font-weight: 400;">However, the price signals a bullish trend reversal at $0.00808 within the formed falling wedge pattern, which traders look at as a signal for a bullish trend reversal.&nbsp;</span></p>
<p><span style="font-weight: 400;">If the bullish momentum sustains, it could enable the bulls to fly the price high above the upper boundary of the wedge, confirming the anticipated bull rally.</span></p>
<p><span style="font-weight: 400;">However, the bulls must overcome the 50-day simple moving average hurdles, which stand as immediate resistance for the Honk price.</span></p>
<p><span style="font-weight: 400;">The relative strength index (RSI) trades upwards, rebounding from the oversold 30 level upwards at 36, approaching the 50 midline level. A further push in the bullish momentum could see the RSI surge to the 70 overbought level.</span></p>
<h2 id="span-style-font-weight-400-honk-price-prediction-span"><span style="font-weight: 400;">Honk Price Prediction</span></h2>
<p><span style="font-weight: 400;">Honk price indicates a reversal to the bullish side with the formation of the falling wedge pattern. With this, the bulls may drive the price higher, targeting $0.0234. However, bears could continue the downtrend within the falling wedge.</span></p>
<p><span style="font-weight: 400;">Meanwhile, the surge of meme coins on the Solana blockchain has attracted the interest of investors worldwide, promising lucrative returns on investment. SMOG is one of them, and it has been surging remarkably since its launch on the Jup Dex this week.&nbsp;&nbsp;</span></p>
<h2 id="span-style-font-weight-400-everyone-s-talking-about-jupiter-and-the-jup-airdrop-but-is-the-smog-airdrop-the-next-big-crypto-giveaway-to-watch-span"><span style="font-weight: 400;">Everyone’s Talking About Jupiter And The JUP Airdrop – But Is The $SMOG Airdrop The Next Big Crypto Giveaway To Watch?&nbsp;</span></h2>
<p><a href="https://insidebitcoins.com/visit/smog/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">The SMOG Token</span></a><span style="font-weight: 400;"> has rapidly secured new capital since its launch on the JUP exchange, quickly gaining popularity and achieving remarkable growth.&nbsp;</span></p>
<p><span style="font-weight: 400;">Analysts suggest that SMOG has the potential to surpass other meme coins like BONK, FIRE, MYRO, and WIF. The price of SMOG has surged by an impressive 212% in the past 24 hours, reaching a trading value of $0.0588.</span></p>
<h2 id="span-style-font-weight-400-don-t-miss-out-on-the-biggest-airdrop-ever-buy-smog-now-span"><span style="font-weight: 400;">Don’t Miss Out On The Biggest Airdrop Ever, Buy SMOG Now</span></h2>
<p><span style="font-weight: 400;">After witnessing Jupiter’s monumental $700 million airdrop, which resulted in significant returns for investors, the $SMOG token is now poised to offer an even larger and more enticing airdrop opportunity. </span></p>
<p><span style="font-weight: 400;">Describing it as the “largest airdrop ever,” the SMOG team has set aside 35% of the total 1.4 billion token supply.&nbsp;</span></p>
<p><span style="font-weight: 400;">Additionally, 50% of the total supply has been allocated for marketing purposes, with 10% reserved for future exchange listings and 5% designated for liquidity upon launch.</span></p>
<p><span style="font-weight: 400;">Just holding $SMOG tokens means you’re eligible for the upcoming airdrop. Additionally, you qualify for a portion of a community bounty generated by the campaign, further incentivizing you to </span><span style="font-weight: 400;">hold onto your tokens</span><span style="font-weight: 400;">.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-479358" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_125.png" alt="smog massive airdrop" width="609" height="597" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_125.png 609w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_125-300x294.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_125-64x64.png 64w" sizes="(max-width: 609px) 100vw, 609px"></p>
<p><span style="font-weight: 400;">Jacob Bury, a cryptocurrency analyst and YouTuber, has featured SMOG in one of his videos, suggesting that the token can yield a 100X return on investment.</span></p>
<p><iframe title="Next Meme Coin to Explode in 2024?! Best Meme Coin to Buy Now?!" width="640" height="360" src="https://www.youtube.com/embed/b6MSyya7nvg?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;">To qualify for the upcoming historic airdrop, you can purchase the SMOG token through </span><a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">its official website</span></a><span style="font-weight: 400;">.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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Honk Price Prediction: HONK Plunges 37% As Analysts Say New Solana Meme Coin Smog Could Outperform BONK, FIRE, MYRO And WIF

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