The Bonk price has experienced a 45% increase in the last 24 hours, trading at $0.00000279 as of 10:30 a.m. EST, taking it’s gain over the past month to more than 1,300%.
Its daily trading volume has also increased by 41%, amounting to $43 million.
The increase in BONK’s price can be linked to its association with the bullish trend driven by Solana (SOL), the seventh-largest cryptocurrency, which continues to outperform other major cryptocurrencies, experiencing a surge of over 330% in the last year.
— jpeggler (@jpeggler) November 14, 2023
BONK Price: Bulls Find Anchor At $0.000001771 Support
BONK price sharply recovers, rebounding from the $0.0000002080 support zone after a prolonged consolidation phase and initiating a bullish trend with successive bullish candlestick patterns.
Following a rejection at $0.000002941, the bulls have demonstrated resilience by regaining control and consolidating at the $0.000001771 support zone, suggesting the potential for a sustained bullish trend and providing the necessary momentum for bulls to aim for breaking the $0.000004538 resistance.
The price of BONK consistently stays above the daily chart’s 200-day and 50-day moving averages, strengthening the bullish perspective. These moving averages now function as immediate support levels, with the crossover at $0.0000003732, indicating that the bulls are currently dominating the price.
Although the Relative Strength Index (RSI) has slightly decreased, it still surpasses the overbought threshold of 70, currently at 73. This indicates higher momentum and buying pressure compared to previous levels.
The overall perspective for BONK remains bullish, supported by the alignment of moving averages and the RSI. This encourages bulls to set their sights on $0.000004538 as the next significant milestone.
Conversely, if the resistance level at $0.000002941 remains resilient, the bears could take advantage to correct the price to the $0.000001771 support zone
Meanwhile, if you missed the BONK bull rally, consider participating in the Meme Kombat project, which has a remarkable presale surge and combat features.
Meme Kombat (MK) Presale Price About To Jump To $0.205
Less than 24 hours remain in the current Meme Kombat (MK) presale, and you can secure tokens at the current rate of $0.189 before the price increases to $0.205.
The presale has already gathered $1.72 million, nearing its $2 million target. Act swiftly to capitalize on the current rate, as the token price will continue to rise in subsequent stages, reaching $0.274 by January 2024.
In honor of us reaching $1.7 million in presale, we are celebrating with something really fun coming soon to our Telegram channel🤫
Stay tuned. pic.twitter.com/jJ9P37gVKF
— Meme Kombat (@Meme_Kombat) November 15, 2023
Meme Kombat offers automatic staking options, diverse betting choices, and a robust tokenomics model for long-term sustainability. Investing in MK tokens now provides a substantial APY of 112% and grants access to 30% of the token supply reserved for staking and participant rewards in meme battles.
📣 Major Update 📣
The Meme Kombat Staking Dashboard is officially live and ready to be used by you!
— Meme Kombat (@Meme_Kombat) November 9, 2023
Win $1000 USDT, Rewards And Prizes
Don’t miss your chance to enter the 10,000 USDT giveaway contest! Ten lucky winners will be chosen to receive $1000 USDT each. The contest remains open from November 14 until the presale hits $2 million.
You only need to make a $100 MK token purchase to qualify. By participating in the presale, you can win the giveaway and enjoy additional perks.
One Kontest ends, another takes its place!
This time we’re giving away a whopping 10,000 USDT🤩
From Nov 14th, 19:00 CET until we reach $2 million in the presale, any purchase of $MK worth $100 or more will qualify for the draw💰
10 winners will each receive 1000 USDT🎉 pic.twitter.com/o0s1HnHpSV
— Meme Kombat (@Meme_Kombat) November 14, 2023
Aside from the excitement of competition, you can also engage in meme battles with MK tokens, betting on your preferred memes to win prizes.
Jacob Bury, a crypto analyst and YouTuber with over 23.6k subscribers, has endorsed Meme Kombat, foreseeing a potential 10X increase in the upcoming weeks. He places it among the top five crypto presale projects 2023.
Don’t let this thrilling presale project opportunity pass you by. To participate, visit the official Meme Kombat website, connect your Web3 wallet, and obtain MK tokens using BNB, ETH, or USDT.
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