Cryptocurrency

Satoshi

Solana

Show

Coin

<p><a href="https://captainaltcoin.com/solana-price-prediction-this-key-119-190-range-could-determine-sols-next-big-move-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Solana </a>meme coins are “waking up” as we march through the first few days of July. And now, BONK is putting up a decent price surge in the last 24 hours.</p>
<p>Cryptocurrency analyst Jakey has highlighted the impact of BONK beyond its price action. He emphasized its contribution during a critical period for Solana.</p>
<h2 class="wp-block-heading" id="a-timely-airdrop-strategy">A Timely Airdrop Strategy</h2>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I will forever suggest anyone within the SOLANA ecosystem to hold a bit of <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BONK</a><br><br>Take the price up or price down mentality out for 1 second<br><br>BONK arguably played a massive role in the regrowth of the SOLANA ecosystem, dark days with a very uncertain feeling for most.<br><br>They…</p>— Jakey (@SolJakey) <a href="https://twitter.com/SolJakey/status/1807882919987343466?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Jakey describes in his tweet the “dark days” for the Solana ecosystem. He mentioned that during this time, BONK took an unexpected approach.</p>
<p>The project initiated an airdrop that not only helped many participants recover financially but also served as a potent reminder of Solana’s fundamental appeal and potential.</p>
<p>BONK’s strategy went beyond mere token distribution. It effectively renewed interest in the Solana platform. Jakey stated that it encouraged developers and users to re-engage with the ecosystem. This move played a pivotal role in Solana’s broader recovery and growth trajectory.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="bonk-s-current-market-position">BONK’s Current Market Position</h2>
<p>While BONK’s ecosystem contributions are noteworthy, its current market performance also merits attention:</p>
<p>Our recent analysis indicates that BONK has successfully broken out of a descending channel in the daily timeframe. This technical development is often interpreted as a bullish signal, suggesting the potential for further upward movement.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="555" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-1024x555.png" alt="" class="wp-image-519255" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-1024x555.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-300x163.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-767x416.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-1536x833.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-2048x1111.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-277x150.png 277w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-100x54.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-645x350.png 645w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45-788x427.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-45.png 1436w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Source: TradingView
 </figcaption>
</figure>
<p>The daily Relative Strength Index (RSI) for BONK currently stands at 54.7. This reading is particularly informative:</p>
<ul>
 <li>An RSI of 54.7 indicates that the token is in a balanced state.</li>
 <li>There’s still room for potential growth before reaching overbought conditions (typically considered at 70 or above).</li>
</ul>
<p>BONK’s 200-day Moving Average is $0.0000211, according to TradingView data. The 200-day moving average might help you understand long-term market movements.</p>
<p>The last day saw a 10% increase in BONK. The trading range for the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin is $0.00002342 – $0.00002675 over a 24-hour period. Leaving all price factors aside, BONK has demonstrated that meme coins can have an important effect beyond price volatility.</p>
<p><strong><em>Read more: <a href="https://captainaltcoin.com/this-solana-meme-coin-continues-to-outperform-dogwifhat-wif-and-bonk/" target="_blank" rel="noopener noreferrer nofollow">This Solana Meme Coin Continues to Outperform dogwifhat (WIF) and BONK</a></em></strong></p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/forget-bonk-price-for-a-second-heres-what-this-meme-coin-did-for-the-solana-ecosystem/" rel="noopener noreferrer nofollow">Forget BONK Price For a Second – Here’s What This Meme Coin Did for the Solana Ecosystem</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Forget BONK Price For a Second – Here’s What This Meme Coin Did for the Solana Ecosystem

Table of Contents

CaptainAltcoin

Autres articles publiés le 2 juil. 2024

Keith Gill “The Roaring Kitty” Acquires 6.6% Stake in Chewy

Binance Unveils Changes In Turkey In Compliance With Regulation

Dan Gallagher as SEC Chair: a Boost for Crypto Regulation?

Shiba Inu (SHIB) Futures on Coinbase: What It Means for Investors and Traders

SEC Sues ConsenSys Over MetaMask Staking and Broker Allegations

Shiba Inu (SHIB) Whales Have Disappeared

Join our free newsletter for daily crypto updates!