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>
<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">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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<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>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="467" src="https://image.coinpedia.org/wp-content/uploads/2024/07/09164027/image-206-1024x467.png" alt="coin-market-cap-chart" class="wp-image-324740" srcset="https://image.coinpedia.org/wp-content/uploads/2024/07/09164027/image-206-1024x467.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164027/image-206-300x137.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164027/image-206-768x350.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164027/image-206-1536x700.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164027/image-206-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/07/09164027/image-206.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<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 $1.72 billion.</p>
<p>This makes Bonk the fourth-largest meme coin, only behind Dogecoin, Shiba Inu, and Pepe.</p>
<p>And the market is bracing for further gains ahead.</p>
<p>TraderKoz highlighted Bonk’s “incredibly impressive” price action and underscored its resilience to the market’s bearish momentum.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<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>
<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"><a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONK</a> looking like this to me <a href="https://t.co/2eYdYAPwCT" rel="noopener noreferrer nofollow">pic.twitter.com/2eYdYAPwCT</a></p>— Solana Myth (@blknoiz06intern) <a href="https://twitter.com/blknoiz06intern/status/1810303543871709517?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Unipcs attributes Bonk’s recent strength to its trading bot utility.</p>
<p>He underscores that the bot is generating “seven figures” in Bonk buying pressure monthly, which is providing a huge boon to its price action.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">many are starting to notice the incredible strength <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<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">
</figure>
<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>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <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>
 </div>
</figure>
<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

Mục lục

CoinPedia News

Các bài viết khác được xuất bản trên 9 thg 7, 2024

The Success of MoonBag Meme Coin Pushes Kaspa And Cronos Out of Focus

5 Low-Cost Altcoins to Buy Now for Under One Dollar

TON Application Chain and Polygon Labs Integrate EVM Functionality

Can Solana Hit $160? SOL’s Resilience Sparks Rally Optimism

Lionel Messi Promotes Solana Memecoin WATER On Instagram

USDC and USDT Integration Boosts Opera Mini’s MiniPay Wallet

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!