Bonk Price Prediction: Solana Meme Coin BONK Rises 90% Amid SOL Call Arbitrage Opportunity. Because this new Meme Coin pre-sale is on its way to selling out.

that much Bonk The price continued to rise, surging more than 90% in the past 24 hours to trade at $0.00002828 as of 9:10 a.m. EST amid the FOMO frenzy surrounding the dog-inspired altcoin.

New airdrops linked to Solana phones are worth more than your phone

The Solana phone, which did not attract much attention at first, is now sold out. Bonk This is the reason for the increased interest as arbitrage traders are chasing the 30 million BONK airdrop. The airdrop is available to all Saga phone owners.

Based on current Bonk prices, the airdrop will set you back about $700 for the purchase of a $599 phone. “Saga sales have increased more than tenfold in the last 48 hours and are now on track to sell out before the new year,” Solana co-founder Raj Gokal said in an X post.

We need to raise the price. Otherwise you will receive Sybil.

— Tolly 🇺🇸 (@aeyakovenko) December 14, 2023

Bonk prices are at a critical point

BONK/USDT daily chart (Source: TradingView)

that much Bonk For the impressive rally to continue, the price will need to overcome a major hurdle over the next 48 hours. Over the past 24 hours, Meme Coin has attempted to break out of its medium-term positive price channel.

However, this attempt resulted in the altcoin being rejected at the upper levels of the rising price channel.

If Bonk price closes the daily candle above the channel’s upper boundary at $0.0000346810, it will have a clear path to continue rising in the coming days.

Failure to close a trading session above this threshold may lead to a temporary price increase. In this scenario, Bonk price may revert to the immediate support level of $0.0000149068.

This support level also coincides with the lower levels of the previously mentioned price channels, making it a key price level that traders and investors will want to keep an eye on.

If it falls below this point, Bonk risks falling to $0.0000089940 within a few days. In an extremely bearish scenario, Meme Coin may retest the $0.0000046040 support level in the near term.

Bonk Price: Tech Shows Bullish Momentum

BONK’s technical indicators are very bullish. Moving Average Convergence Divergence (MACD) suggests that Bonk prices may continue to rise. Additionally, the Relative Strength Index (RSI) indicates that bulls have more power than sellers.

This is evident as the RSI line is located above the RSI simple moving average (SMA) line.

The MACD line is also breaking above the MACD signal line. This generally indicates that the positive trend is getting stronger. Nonetheless, a brief pullback could be in the cards for Bonk price as the RSI indicator shows meme coins are overbought.

As BONK attempts to rise beyond the plus price channel, combat memes is on the verge of selling out in pre-sale as the whales snatch up the tokens before it’s too late.

This pre-sale brings Whale closer to its funding goal.

One whale just bought $200,000 worth of goods. $MK 🤯🤯🤯 This comes after numerous purchases on the pre-sale.

This brought the amount raised to over $3.3 million⚔️ pic.twitter.com/gOAn09tpkA

— Meme Kombat (@Meme_Kombat) December 15, 2023

combat memes It raised more than $3.475 million through pre-sales. This comes after a large wallet purchased $200,000 worth of the project’s native tokens in the past few hours. Due to this large-scale purchase, pre-orders for Mimi Combat are almost sold out.

Meme Kombat shows signs of becoming the next big project in the meme coin space. In addition to providing an innovative gaming platform, it also provides early-stage investors with the opportunity to participate in a lucrative staking program.

With annualized returns of 276%, smart investors are jumping at the opportunity to reap significant passive rewards within that time frame. combat memes ecosystem.

Meme Kombat could soon grow tenfold.

YouTube cryptocurrency analysts speculate that Meme Kombat could generate a 10x return for early-stage investors. Some analysts have gone so far as to call it the next Pepe.

With a supply of 120,000,000 tokens, 30% of Meme Kombat tokens will be allocated to a lucrative staking program and battle rewards. 10% of tokens will be used for decentralized exchange liquidity and 50% of total supply will be reserved for project pre-sale.

Considering the project offers attractive rewards to early investors and the fact that the project’s battlefield offers a much higher level of utility than most meme coins, it’s no wonder investors are rushing to buy into the project.

As the memecoin space continues to mature, combat memes Not only does it have the potential to generate 10x your profits, but it could also become the next best meme-inspired project.

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