Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/altcoin-investors-face-challenges-as-market-volatility-continues/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Altcoin Investors Face Challenges as Market Volatility Continues</a><br></p>
<p style="text-align: justify"><strong>Altcoin <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a></strong> have been facing difficulties for a while, and risk appetite has significantly decreased with <strong>BTC</strong> fluctuations. <strong>SOL Coin</strong> couldn’t achieve over an 8% increase today despite the ETF application. Normally, such <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">news</a> should trigger an increase of over 20%. Moreover, what we see is an official application beyond just a rumor. So, what are the predictions for BONK, APE, MANA, and FET Coin?</p>
<h2 style="text-align: justify" id="bonk-coin-analysis">BONK Coin Analysis</h2>
<p style="text-align: justify">Few crypto ventures that emerge with a claim and a target actually succeed. <strong>BONK Coin</strong> achieved this. <strong>SOL Coin price</strong> dropped below $15 and hit a low at the $8 level. However, the BONK Coin team emerged in early 2023 amidst massive losses. The main story was to compensate for the losses of the SOL Coin community to some extent. They partnered with many NFT projects and conducted free airdrops.</p>
<p style="text-align: justify">So, what was the result? From the bottom price at the end of December 2022 and the beginning of 2023, it increased by over 25,000%. Even now, despite being well below its peak, it retains a 25,000% gain. In March 2023, it had a market value of only $4 million, and today it has a market value of $1.6 billion. So, the airdrop wounds were significantly healed. Of course, those who could wait for the delayed but massive rise at the end of 2023 managed to heal their wounds.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-365892 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/BONKUSDT_2024-06-27_23-37-50.png" alt="" width="1814" height="836"></p>
<p style="text-align: justify">Recovering from the $0.00001817 base, <strong>BONK Coin</strong> could retest $0.0000279, and for this, it needs to maintain $0.0000246 as support, where it faced sales today. Otherwise, it may relax back to the support region.</p>
<h2 style="text-align: justify" id="ape-coin-price-prediction">APE Coin Price Prediction</h2>
<p style="text-align: justify"><strong>Metaverse</strong> interest waned, and APE Coin couldn’t deliver as expected. Although it was one of the most popular altcoins during its hype, it is not among the top 100 cryptocurrencies today. Eventually, APE Coin hit a new low at $0.84. Since it tends to make new lows continuously, it’s uncertain how long the sales will continue. At the end of 2023, it lingered in this region and, after reclaiming $1.17, jumped to $2.7. If we are to see a rebound, it must reclaim the upward support it maintained this year.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-365893 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/APEUSDT_2024-06-27_23-38-34.png" alt="" width="1814" height="836"></p>
<h2 style="text-align: justify" id="mana-coin-analysis">MANA Coin Analysis</h2>
<p style="text-align: justify">For those making a long-term <strong><a href="https://en.coin-turk.com/investors-support-sand-token-with-significant-funding/" data-wpel-link="internal" rel="noopener noreferrer nofollow">metaverse</a> altcoin basket</strong>, another nightmare altcoin was MANA Coin. Last year, we mentioned how crucial the $0.28 support level was, and the price managed to recover from it despite several attempts. Although it didn’t drop as deep in this last decline, the risk of further decline continues as it hasn’t yet reclaimed $0.358.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-365894 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/MANAUSDT_2024-06-27_23-41-26.png" alt="" width="1814" height="836"></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/altcoin-investors-face-challenges-as-market-volatility-continues/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Altcoin Investors Face Challenges as Market Volatility Continues</a></h5>

Altcoin Investors Face Challenges as Market Volatility Continues

Table of Contents

COINTURK NEWS

Other articles published on Jun 27, 2024

Blast Token Launch Sees 40% Increase in Value Overnight

ALEX DEX Strategic Roadmap Overview

🗒 Daily Newsletter | Thursday, June 27th, 2024

Sui Network Partners with Copper for Custody Solutions

Bitcoin Remains Stable After Key US Economic Data Release

Top 3 Artificial Intelligence (AI) Coins of the Fourth Week of June 2024

Join our free newsletter for daily crypto updates!