Solana

Bonk

Gains

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-highlights-significant-gains-in-meme-coins/" data-wpel-link="internal">Analyst Highlights Significant Gains in Meme Coins</a><br></p>
<p style="text-align: justify">One of the biggest uncertainties in cryptocurrencies, meme coins, saw significant gains starting mid-2023. While this created many profitable investors, it also resulted in losses for others. A cryptocurrency analyst revealed gains of over 12,000%, drawing significant attention.</p> 
<h2 style="text-align: justify" id="analyst-and-bonk-commentary">Analyst and BONK Commentary</h2> 
<p style="text-align: justify">A well-known cryptocurrency expert, CoinsKid, shared on June 10th that Bonk (BONK) yielded over 12,000% gains for those who followed from the 2023 entry point.</p> 
<p style="text-align: justify">Additionally, the analyst mentioned sharing about Bonk coin twice more in 2023, suggesting a new entry at the green line if a breakout occurs in the “rising wedge” chart pattern.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-361074" src="https://coin-turk.com/wp-content/uploads/2024/06/bonk-coin-yorum-coin-turk-com.png" alt="" width="764" height="335"></p> 
<h2 style="text-align: justify" id="bonk-price-analysis">Bonk Price Analysis</h2> 
<p style="text-align: justify">Indeed, as a result of CoinsKid’s action, Bonk meme coin was seen trading at $0.0000280174. After the investment, the meme coin rose by 12,674.82%. However, it later fell by 1.81% to $0.00002751.</p> 
<p style="text-align: justify">Meanwhile, Bonk’s daily price drop of 1.56% also reflected a weekly decline of 20.23%. This suggests the analyst is ready for a new position.</p> 
<p style="text-align: justify">On the other hand, BONK continues to trade above the 100-day exponential moving average (EMA), with the next price target being $0.00004.</p> 
<p style="text-align: justify">Currently, BONK’s market cap has dropped to $1.850 billion, following a decline of approximately 4.18%. Meanwhile, the 24-hour trading volume reached $277 million, indicating a 10% increase.</p> 
<p style="text-align: justify">The volume increase amid the price drop led to short-selling rumors. The meme coin, which caught the <a href="https://en.coin-turk.com/solanas-impressive-rise-in-the-crypto-market/" data-wpel-link="internal">Solana</a> hype last year, is now speculated on its potential levels in a possible <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">bull market</a>.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/analyst-highlights-significant-gains-in-meme-coins/" data-wpel-link="internal">Analyst Highlights Significant Gains in Meme Coins</a></h5>

Analyst Highlights Significant Gains in Meme Coins

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