Top 3 Bonk Meme Coins to Watch
The meme coin market has experienced a significant resurgence in recent weeks, with the total market capitalization jumping over 13% since June 23. This renewed interest is largely attributed to Bonk.Fun, a Solana-based platform facilitating the creation and trading of meme tokens.
Top Bonk Meme Coins to Watch
Useless Coin (USELESS)
USELESS has been on a remarkable run, reaching new daily price highs since June 5. Currently trading at $0.29, it has surged over 740% in the past month. The rising Chaikin Money Flow (CMF) at 0.13 indicates strong buy-side pressure. Continued buying could push USELESS towards its all-time high of $0.305. However, profit-taking could lead to a drop to $0.234.
HOSICO
HOSICO, another prominent meme coin within the BONK ecosystem, has seen impressive gains. Up 135% over the past week, trading at $0.067, it has even briefly touched its all-time high of $0.069. A 30% increase in daily trading volume to $12 million signals significant market interest. Continued accumulation could drive HOSICO to new highs; however, reduced demand could result in a price drop to $0.055.
Let’s BONK (LetsBONK)
LetsBONK boasts a 239% increase over the past week, with its Aroon Up Line at 100%, signifying strong upward momentum and suggesting the uptrend is not solely speculative. This indicator suggests that new highs have been recently achieved. Further strengthening demand could push LetsBONK towards $0.127; conversely, decreased demand might lead to a price correction to $0.084.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Market conditions are volatile. Conduct your own research before making any investment decisions.
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