COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: BONK Coin Shows Signs of Recovery
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Meme Token > BONK Coin Shows Signs of Recovery
Meme Token

BONK Coin Shows Signs of Recovery

In Brief

  • BONK Coin recently saw a notable increase in daily transactions and investors.

  • Despite a dip, BONK's trading activity suggests a potential upward trend.

  • Technical indicators hint at optimism among investors for BONK's future.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

BONK seemed to be doing well over the past three days. There was a significant increase in both the number of unique daily transactions and the number of unique daily investors, suggesting that BONK might have started to rise again. On the other hand, metrics also indicate an uptrend for BONK.

Contents
Comments on BONK CoinThe Outlook for BONK Coin

Comments on BONK Coin

When the calendars showed March 4th, BONK reached a record level after its daily transaction count hit 187,000. However, it could not maintain this peak level for very long. In a short time, by March 23rd, it fell to the lowest level in 30 days with 22,200 transactions.

Looking at BONK transactions, a decline is still observed in the 7-day moving average. Nevertheless, promising signs continued to emerge over the last three days. There began a recovery in trading activities, and the number rose from 22,200 on March 23rd to 34,800 by March 25th.

Similarly, the daily trader participation pattern also reflects this fluctuation. After reaching a peak on the same day as the trading volume peak with 23,200 individual investors, this decline turned into stability in mid-March.

This stability pointed to a stagnant period before the gradual increase in trader activities seen in recent days. The number of traders, which was 5,660 on March 23rd, rose to 7,170 by March 25th.

Although the 7-day moving average of daily trader count still indicates a decline, the recent increase in both transactions and trader numbers over the last few days could mean that interest in BONK is starting to rise again.

The Outlook for BONK Coin

Recently, one of BONK’s short-term Exponential Moving Average (EMA) lines crossed over a long-term EMA line, creating a golden cross. The technical indicator marking the golden cross is generally known to bring an uptrend.

This golden cross, visible on BONK’s charts and dependent on its performance, is revealing rising optimism among investors and indicating the potential for a significant price rally.

As of the time of writing, BONK is moving towards a significant resistance level at $0.000036. Potentially breaking through this level could see BONK’s price experience an 80% increase, moving towards a new peak of $0.000047.

On the other hand, if it were to move downwards, BONK’s price could fall to $0.000019, potentially leading to losses for investors.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

DOGE and BONK Capture Market Attention with Contrasting Price Moves

Elon Musk’s Tweets Boost PNUT Coin in a Dramatic Surge

Bonk.fun Takes a Leap and Strengthens Its Dominance in the Memecoin Arena

Memecoin Surge Ignites Crypto Market’s Rapid Growth

Bluntz Predicts WIF Coin’s Surge with Convincing Analysis

COINTURK NEWS 26 March, 2024 - 7:04 pm 26 March, 2024 - 7:04 pm
Share This Article
Facebook Twitter
Share
Previous Article How to Buy VeThor Token?
Next Article Dogecoin Gains Traction with GigaWallet Launch and Price Surge
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Surges to New Heights as Market Awaits Its Limit
Technical Analysis
VeChain and the Anticipated WLFI Coin: Potential Opportunities Await
Altcoin News
Trump Supports Cryptocurrency Boom Amidst Economic Critiques
Cryptocurrency News
TKL Predicts Economic Trends and Sets Bold Gold Price Goals
Economy
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?