Bonk Cryptocurrency Price Prediction – $SMOG and $SPONGEV2 Emerge as Top Meme Coins Along with $BONK

adminMarch 7, 2024

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On March 5, $BONK hit an all-time high, hitting $0.0000470, up an impressive 184% over the past month. Given this surprising surge, there is speculation that Bonk may be experiencing a downtrend as it is currently down 10% in the last 24 hours.

Current market sentiment is bullish, with a Fear and Greed Index of 82 (extreme greed). However, it is important to note that such periods of extreme greed are usually short-lived and mean that any sustained bullish momentum may be potentially limited.

Bonk has achieved a notable milestone by entering the top 100 cryptocurrencies by market capitalization, marking a significant achievement for its development. This impressive progress not only demonstrates the growing acceptance of $BONK, but also represents a changing trend in the cryptocurrency space.

The recent surge serves as a testament to the community’s confidence and the intrinsic value placed on Bonk. In this article, we will take a closer look at the potential future trajectory of $BONK and highlight two new meme coins with over 10x growth potential.

$BONK Cryptocurrency Price Prediction

As of the latest update, Bonk’s price is $0.0000291, with a 24-hour trading volume of $549.90 million and a market capitalization of $1.9 billion. Over the past seven days, the $BONK price has surged by more than 16%.

The upward trend in Bonk prices looks promising, but the possibility of a market correction still remains. A break above the nearest resistance level at $0.00003509 could indicate a bullish long-term outlook and could potentially increase investor interest.

Bonk cryptocurrency 7-day price graph

However, despite the current buy recommendation, it is important to consider that a second support level exists at $0.0000401 and $0.00000434, which indicates inherent risk associated with Bonk.

It is important to recognize that even with newfound popularity, short-term fluctuations can occur, potentially driving values higher to these lower thresholds.

Watch the video above for a more in-depth analysis of Bonk’s cryptocurrency price prediction, and be sure to subscribe to Jacob Crypto Bury’s YouTube channel for more cryptocurrency-related content. Jacob also runs a 21,000-member Discord server where he provides users with trading tips and details on upcoming cryptocurrency presales.

Multi-Chain Smog Surges 328% – Recommended by Analysts as the Best Meme Coin to Buy Now

Amid the surge in Bonk, the cryptocurrency community is abuzz with the rapid rise in SMOG. SMOG is a new contender that has garnered attention, surging a whopping 328% over the past seven days to reach an all-time high of $0.310.

Smog differentiates itself by choosing a fair launch model with no pre-sales, ensuring a level playing field for all participants. The distribution strategy focuses on airdrops and community incentives.

Strategically entering the market amid the meme coin craze, Smog leverages the Solana blockchain to attract investors. It further differentiates itself by prioritizing airdrop campaigns over pre-sales and fostering a strong, engaged community. This is a critical factor for continued success.

Launched in early February, $SMOG features innovative token economics that provide incentives to holders. Specifically, 50% of the total supply is allocated to marketing campaigns and 35% to airdrop rewards. Currently, Smog is conducting what it claims is the ‘largest airdrop in history.’

one #memecoin To rule them all! 🚀
Get ready for the best moment #airdrop Distributed in History #Solana. 💰
join #smog From Jilly! 🔥
Profile link 🔗 pic.twitter.com/vsn4p5cSF4
— Smog (@SMOGToken) February 8, 2024

There are two ways to win the biggest prize. The first is to earn and hold $SMOG, while unique Zealy campaigns offer additional opportunities to earn airdrop points through specified actions, such as interacting with the project on social media platforms and visiting designated web pages.

With a fully diluted market cap of $401 million, $SMOG is carving out a niche in the meme coin sector. At the time of writing, the price of Smog is $0.282, up 50.91% in the last 24 hours. Smog’s momentum remains strong, with over 63,000 holders and $13 million in trading volume in the last 24 hours.

The SMOG website offers a 10% discount on over-the-counter purchases, boasts a 42% annual return along with attractive staking rewards, and has over 19 million SMOG tokens already locked.

As Smog gains traction on social media and expands its integration with Ethereum, the token appears well-positioned for continued growth and adoption.

Sponge V2 – Another Potential Gem in the Meme Coin Rally

Another noteworthy meme coin is Sponge V2 (SPONGEV2), the successor to the original $SPONGE meme coin released in 2023, which achieved a 100x return. For investors who missed out on last year’s opportunity, the launch of the latest version of Meme Coin offers a second chance.

As $SPONGE enters the memecoin rally, the team is targeting a top listing for $SPONGEV2, potentially sparking increased demand and price, attracting new investors, and ensuring continued growth. Building on the legacy of Sponge V1, Sponge V2 introduces enhanced functionality and added value for token holders.

In particular, the inclusion of staking provides a way to earn passive rewards. Existing Sponge V1 holders can earn Sponge V2 tokens by staking $SPONGE. People who do not have SPONGE tokens can purchase them on the Sponge V2 official website. There are already over $22 million in total staking and bridge assets recorded here.

I missed you #SpongeV2 And, what about? 🧽︎
your $sponge today! 🚀#memecoin #web3 #AltSeason #Cryptocurrency pic.twitter.com/1mkn5zjEvA
— $SPONGE (@spongeoneth) March 4, 2024

Holders can enjoy impressive Annual Percentage Yields (APY) of over 180% on Ethereum and 552% on Polygon. In addition to preparing listings for several major exchanges, Sponge V2 will feature a Play-to-Earn (P2E) racer game that will be available in both paid and free versions.

In the paid version, players use $SPONGEV2 tokens as credits for in-game assets and activities, and rewards are paid in meme coins. This expansion into the blockchain gaming sector not only broadens the coin’s utility but also enhances its appeal.

For $SPONGE, there may still be room for price appreciation considering its current price and market cap. To earn $SPONGEV2 tokens, visit Spongetoken.vip.

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