Get started

Bonk

BONK 4H BEARISH TRIANGLE : DUMP UPCOMINGWith Bonk's reversal from the 0.0001800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade. Wait for the price to close below the triangle's support area. Looking for a move towards the 0.0000900 range. Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
Short
by HyBlockCap
🔥 BONK Bearish Triangle: Preparing For DumpWith Bonk's reversal from the 1800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade. Wait for the price to close below the triangle's support area. Looking for a move towards the 380 range. Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
Short
by FieryTrading
1
BONK Introduces PooperScooper to Streamline Asset Management$BONK introduces 'PooperScooper' for easy asset management, marking a major leap in meme coin utility and user convenience. Solana’s meme coin, BONK, recently introduced a new feature, dubbed ‘PooperScooper,’ to streamline user interactions and asset management within its ecosystem. This latest development represents a significant step in BONK’s ongoing efforts to expand its reach and utility in the competitive world of digital currencies. ‘PooperScooper’: Simplifying Asset Management The ‘PooperScooper’ feature, a notable innovation within the community, aims to provide users with an efficient tool for managing their digital assets. This functionality allows individuals to quickly identify and organize tokens no longer aligned with their investment strategies. The feature enhances convenience and user engagement by enabling users to convert these assets into BONK seamlessly. The community’s response to the introduction of ‘PooperScooper’ has been overwhelmingly positive. This enthusiasm underscores the growing demand for user-friendly tools in cryptocurrency, particularly within the meme coin sector, where simplicity and accessibility are critical. $BONK’s Growth Trajectory Despite being a newer entrant in the meme coin market, BONK has shown remarkable growth and resilience. Compared to its more established counterparts like Shiba Inu (SHIB), the coin has demonstrated a significant surge in value, boasting a 6,761% increase over the past three months. This growth trajectory speaks volumes about the coin’s potential to challenge the dominance of other prominent players in the meme coin arena. The introduction of ‘PooperScooper’ is a testament to $BONK’s commitment to innovation and a strategic move to bolster its position in the cryptocurrency market. By continuously enhancing its offerings and focusing on user experience, $BONK is steadily carving out a niche among digital currency enthusiasts.
Long
by DEXWireNews
BONKUSD: More downside now but buy opportunity on the 1D MA200.Bonk is pivoting around the 1D MA50, on a neutral RSI = 47.450. Only a 1D MACD Bullish Cross constitutes a buy signal and we expect that to be near the 1D MA200 and the 0.382 Fibonacci level. We will buy once those conditions are fulfilled and target the -0.382 Fibonacci extension (TP = 0.000260), a +6.100% rise like the one from November to mid December. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BONKUSD
by InvestingScope
2
BONK Tokens and SOL Phones: Why the Surge in Solana?The tl;dr of the recent surge in CRYPTOCAP:SOL and $BONK is the Solana Phone Rebate - the potential for buyers to make more money than the initial asking price of $599. Once the token drop of 30M that came with each purchase exceeded the cost of the phone itself, it created a frenzy that has driven the price of both coins at once. The question is - will it last? Solana developers and core team members were airdropped enough tokens to make potentially millions if they manage to sell off at the right moment. This would be your classic rug-pull strategy, which the project is already known for due to past scandals. Or will things be different this time? Time will tell. 👀
CRYPTO:BONKUSDLong
by RyanTanaka
BONK is Ready to Pump again🚀🦊There has been a lot of talk about memecoin BONK these few days (it has given about ➕ 700% profit in the last 30 days), so I decided to analyze the chart of this token for you in a 15-minute time frame. Maybe we can still make a profit from it. 📚 What Is Bonk (BONK) ❗️❓ 🔸 According to the one-pager, BONK is the first dog-themed coin on Solana "for the people, by the people" with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) memecoins, it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community. 🔸The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that will be used across all the dApps built on Solana, and each user will have the opportunity to become part of the ecosystem, "where everyone gets a fair shot". 🔸BONK was airdropped randomly to Solana NFT collectors, developers, and artists, other airdrop details remain unknown. 💡It was just 11 days ago that Anatoly Yakovenko , one of the founders of Solana Labs , expressed his regret that the company's Saga mobile phones were NOT sold. However, the company's official account announced today that all Saga mobile phones have been sold in the US , with only a few remaining in Europe . Referring to the amount of BONK tokens that each buyer of Solana's mobile phone will receive, Steven Zheng , director of research, said yesterday: "They want to buy Solana's phone Because the value of the BONK tokens they receive will soon be more than the phone itself. 📉From the point of view of technical analysis , it seems that the BONK token is moving in a Descending Channel . 💡 BONK also seems to be completing a 🦋 Bullish Butterfly Harmonic Pattern 🦋 near the 🟢 Support zone 🟢 and Support lines . 🔔I expect BONK to break the upper line of the descending channel after the Bullish Butterfly Harmonic Pattern completes [in 🟡 Time Reversal Zone(TRZ) 🟡] and at least rise( ➕40% ) to the 🔴 Resistance zone 🔴. ❗️⚠️Note⚠️❗️: In general, try to risk less capital on Memecoins. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bonk Analyze (BONKUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
11
Bonk is Undervalued by at Least 1000%The chart shows classic price correction but this idea is not about classic technical analysis. Under normal circumstances this bullish trade would be a process of several days or even a few weeks - dropping to resistance at 0.000015 and strong resistance at 0.000010. Then long in several strong waves. But... these are not normal circumstances. Bonk is in the news and for good reason such as being listed on Coinbase and Binance, but that's not why I am excited. BONK is undervalued to the point of bewilderment when you look under the hood and learn what is going on behind the scenes. Also, if you compare volume and turnover against the top 50 Cryptocurrencies it becomes even clearer. Dive deeper and discover how deeply connected BONK is with the Solana ecosystem and the projects BONK is aligned with. BONK is not just a meme coin. I understand there is a lot more to it than trading prices when comparing the value of one coin again another however, in my opinion BONK is more valuable than Doge and several other 'big' players in the crypto space. Currently CRYPTOCAP:DOGE is trading at around $0.09 and BONK is $0.000025 and some others a lot higher and way over valued in some cases. Disclaimer: I am not a financial advisor, this is simply an idea illustrating why I'm making my biggest investment of 2023 in BONK - when I told my friends today they thought I was crazy then I told them to put Bonk news into Google and get back to me... They want to know more now LOL :-)
Long
by UnknownUnicorn3901369
4