Based

Base

Bonk

Number 1

<p>The post <a href="https://coinpedia.org/sponsored/bonk-price-pumps-as-meme-coins-recover-base-dagwz-nears-two-five-million/" rel="noopener noreferrer nofollow">Bonk Price Pumps Over 10% as Meme Coins Recover, Base Dagwz Nears $2.5M</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Meme coins are spearheading crypto’s rally today, and Solana-based Bonk has shown the most strength, pumping 13% at the time of writing.</p>
<p>Let’s look at the factors behind the recovery and a new meme coin that’s also showing bullish growth.</p>
<h2 class="wp-block-heading" id="h-bonk-overtakes-dogwifhat-to-become-solana-s-number-1-meme-coin">Bonk Overtakes Dogwifhat to Become Solana’s Number 1 Meme Coin&nbsp;</h2>
<p>Bonk has regained its crown as Solana’s largest meme coin, overtaking Dogwifhat’s market cap with an explosive 13% surge.</p>
<p>The broader crypto market has rallied today, with the likes of Celestia, Sei, and Jupiter among the top gainers.</p>
<p>However, Bonk has significantly outperformed, led by a new treasury proposal to burn 84 billion tokens.</p>
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   <p lang="en" dir="ltr">BONK DAO has received a proposal to BURN ~84B BONK from its Treasury representing the Q2 amount of BONK sent to the DAO from BONKBot.<br><br>All BONK locked on BonkRewards is now able to vote on community proposals.<br><br>Voting:<a href="https://t.co/akvJAfpCcM" rel="noopener noreferrer nofollow">https://t.co/akvJAfpCcM</a></p>— BONK DAO (@bonk_dao) <a href="https://twitter.com/bonk_dao/status/1810365995288244383?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2024</a>
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<p>The planned token burn will decrease Bonk’s total supply, helping bolster its tokenomics.&nbsp;</p>
<p>This ignited a sharp rise in interest, with its price chart exhibiting a decisive upward trajectory today.</p>
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<p>Currently, Bonk is trading at $0.00002651, leaving it 1% up over the past 7 days.</p>
<p>That’s significantly better than its Solana peer, Dogwifhat, which is down 25% this week and 36% this month at the time of writing.</p>
<p>Currently, BONK is valued at $1.77 billion, while WIF is valued at $1.72 billion.</p>
<p>This makes Bonk the fourth-largest meme coin, only behind Dogecoin, Shiba Inu, and Pepe.</p>
<p>And the market is bracing for further gains ahead.</p>
<p>TraderKoz highlighted Bonk’s “incredibly impressive” price action and underscored its resilience to the market’s bearish momentum.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONK</a> continues to be incredibly impressive<br><br>Not many coins trading at the same price that they were 3 weeks or so ago. Holding May's low very well still. <a href="https://t.co/o8GfRmg6ze" rel="noopener noreferrer nofollow">pic.twitter.com/o8GfRmg6ze</a></p>— TraderKoz (@TraderKoz) <a href="https://twitter.com/TraderKoz/status/1810386961284079850?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2024</a>
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<p>Meanwhile, SolanaMyth anticipates an explosive 3x price rally is on the horizon.</p>
<p>Based on the analyst’s chart, Bonk will consolidate through July and then commence its next rally in August.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONK</a> looking like this to me <a href="https://t.co/2eYdYAPwCT" rel="noopener noreferrer nofollow">pic.twitter.com/2eYdYAPwCT</a></p>— Solana Myth (@blknoiz06intern) <a href="https://twitter.com/blknoiz06intern/status/1810303543871709517?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2024</a>
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<p>Unipcs attributes Bonk’s recent strength to its trading bot utility.</p>
<p>He underscores that the bot is generating “seven figures” in Bonk buying pressure monthly, which is providing a huge boon to its price action.</p>
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   <p lang="en" dir="ltr">many are starting to notice the incredible strength <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONK</a> keeps displaying through the recent market bloodbaths<br><br>say what you will about 'utility in memecoins'<br><br>but fading 7 figures in monthly <a href="https://twitter.com/search?q=%24bonk&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$bonk</a> buy pressure coming from BonkBot is stupid<br><br>things will only get interesting IMO <a href="https://t.co/Jd6tNVi5T8" rel="noopener noreferrer nofollow">pic.twitter.com/Jd6tNVi5T8</a></p>— Unipcs (aka 'Bonk Guy') <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f392.png" alt="🎒" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@theunipcs) <a href="https://twitter.com/theunipcs/status/1810278690716069997?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2024</a>
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<p>Indeed, having a utility-driven demand stream can benefit the Bonk price alongside its meme coin allure.</p>
<p>But Bonk is not the only meme coin that taking this utility-centric approach.</p>
<p>Another is the new presale Base Dawgz, and like Bonk, it has enjoyed significant success lately.</p>
<h2 class="wp-block-heading" id="h-could-base-dawgz-be-the-next-bonk-excitement-builds-as-meme-coin-presale-approaches-2-5m">Could Base Dawgz be the Next Bonk? Excitement Builds as Meme Coin Presale Approaches $2.5M&nbsp;</h2>
<p>While Bonk and Dogwifhat are facing off for Solana’s top dog status, <a href="https://coinpedia.care/b_basedawgz-en_91261?referrer=bonk-price-pumps-25-as-meme-coins-turn-bullish-base-dagwz-nears-$25m" target="_blank" rel="noopener noreferrer nofollow">Base Dawgz</a> is vying to become the face of meme coins on Base.</p>
<p>Market leader Brett has a $1.1 billion market cap, so there’s significant room for growth if Base Dawgz accomplishes its mission.</p>
<p>The project offers utilities like a referral scheme and staking.&nbsp;</p>
<figure class="wp-block-image size-full"><img decoding="async" width="1024" height="577" src="https://image.coinpedia.org/wp-content/uploads/2024/07/09164110/image-208.png" alt="base-dawgz" class="wp-image-324743" srcset="https://image.coinpedia.org/wp-content/uploads/2024/07/09164110/image-208.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164110/image-208-300x169.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164110/image-208-768x433.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164110/image-208-390x220.png 390w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164110/image-208-150x85.png 150w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>These two initiatives are community-focused, with the referral scheme bolstering its community growth potential and staking rewarding holders while improving $DAWGZ’s tokenomics.</p>
<p>Another promising feature is multichain functionality. While the project’s primary residence is Base, it is also available on Ethereum, Solana, BSC, and Avalanche.</p>
<p>It’s a compelling juncture that equips Base Dawgz with massive room for growth.</p>
<p>Analysts have been quick to take note. Popular influencer ClayBro, for example, speculates $DAWGZ can 50x.</p>
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 <div class="wp-block-embed__wrapper"><iframe title="Base Dawgz Price Predictions Show 50x Gains Ahead! Do Not Miss Out!" width="1220" height="686" src="https://www.youtube.com/embed/VGca5YqcVeY?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<p>“You could be looking at one of the best meme coins we have seen in a very long time,” he said.</p>
<p>He continued, “People are talking about absolutely ridiculous gains, and I believe it’s possible.”</p>
<p>The Base Dawgz presale is ongoing and has raised a whopping $2.3 million so far. It is currently priced at $0.00581, but this price will rise throughout the ICO.</p>
<p>The next increase is occurring today, so prospective investors should act quickly.</p>
<p><a href="https://coinpedia.care/b_basedawgz-en_91261?referrer=bonk-price-pumps-25-as-meme-coins-turn-bullish-base-dagwz-nears-$25m" target="_blank" rel="noopener noreferrer nofollow"><strong>Visit Base Dawgz Presale</strong></a></p>

Bonk Price Pumps Over 10% as Meme Coins Recover, Base Dagwz Nears $2.5M

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