Bonk Price Prediction: BONK Is Back With a 5% Pump, but This Bitcoin Alternative Could Explode

adminDecember 20, 2023

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Bonk price has been trading up 5% in the last 24 hours. $0.00001981 8:53 AM EST.

Last 24 hours:$BTC +4.81%$QUACK +10.11%$BONK +5.32%$SHIB +6.26%$TIA +15.57%$HEX +10.81%$SOL +8.94%$BE +41.97%$VET +20.03%
Seamless cross chain #Cryptocurrency Exchange with #QUACKex:https://t.co/84SBzrbnNM
No account, no KYC.
Are you looking for anonymity in your transactions? Look no further. pic.twitter.com/XpchbME3Zh
— RichQuack (@RichQuack) December 19, 2023

However, despite today’s surge, it is still not a green light for the Bonk price trajectory. Looking at the 1-hour BONK/USDT chart, the relative strength is The index indicator is heading south and shows bearish momentum for Bonk.

MACD is also in the danger zone, supporting this outlook. Both of these indicate a decline in Bonk price in the near term as resistance is currently felt at $0.000033.

However, bonk prices are currently facing low volatility, as evidenced by the Bollinger Bands, which are moving close to each other.

This can be attributed to a decline in trading activity, with BONK’s trading volume plummeting 39% in the last 24 hours.

1-hour BONK/USDT chart | Source: TradingView

But despite the prospect of a near-term price plunge, BitMEX co-founder Arthur Hayes believes Bonk will flip Shiba Inu.

Let’s get the damn thing done.$BONK > $SHIB
🫡🫡🫡🫡🫡🫡 pic.twitter.com/ZQB1WecBEl
— Arthur Hayes (@CryptoHayes) December 17, 2023

Coinbase’s recent listing and Binance While it supports the concept of Athur, which is expected to see more interest in the coming weeks, the $5 billion gap in market capitalization is a huge gap to fill.

Bonk (BONK) is now launched under the Experimental label at https://t.co/CD3RBjtMAO and on the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive, or store these assets. https://t.co/676miKRrfh
— Coinbase Assets 🛡️📞 (@CoinbaseAssets) December 14, 2023

Meanwhile, there is a risk of a short-term correction in the Bonk price, so Bitcoin Minetrix’s BTCMTX token is currently Ticketing, is expected to generate explosive profits upon release following the success of pre-orders so far. Pre-sales raised more than $5.5 million, demonstrating tremendous investor confidence in the project.

Check out our Bonk price prediction guide for more details.

Bonk Price Prediction: Should You Invest in BTCMTX Instead?

Bitcoin Minetrix (BTCMTX) is taking the market by storm, garnering attention for its groundbreaking features. Ongoing pre-sale activity indicates strong interest from investors seeking innovative opportunities.

BTCMTX revolutionized Bitcoin mining by introducing a tokenized cloud mining platform that allows users to stake BTCMTX on Ethereum. Investors receive credit for mining Bitcoin, making traditional Bitcoin mining financially viable for regular people.

BTCMTX’s decentralized approach simplifies the mining process by prioritizing security, transparency, and safety. This innovative platform addresses accessibility, fraud, and questionable cloud mining practices.

Compared to simplicity #Bitcoin Metrics Comparison with traditional cloud mining:#BTCMTX: Purchase using $ETH, $BNB, $USDT, or card. 🛒
Traditional cloud mining: Requires complex contracting processes. 📄#Cryptocurrency mining #BTCMining pic.twitter.com/WltvcvQrg6
— Bitcoin Minetrix (@bitcoinminetrix) November 23, 2023

Users only need an Ethereum-compatible wallet like MetaMask to purchase and stake BTCMTX tokens to enter this ecosystem. The project boasts low startup costs, a user-friendly interface, and a secure onboarding process.

Earning tokens, selecting purchase and stake features, and receiving Bitcoin rewards are all fully integrated.

Roadmap and future plans

BTCMTX has ambitious plans outlined in its roadmap, prioritizing exchange listings and comprehensive multimedia marketing efforts. The team aims for rapid growth by collaborating with giants in the cloud mining industry. Equity-mining agreements will be central to these plans.

Upcoming steps will focus on simultaneously implementing stake-to-mining desktop and mobile dashboards, withdrawing Bitcoin to wallets, and converting mining credits into hashing power. This strategic approach reinforces the project’s importance in expanding the cryptocurrency sector.

Bitcoin Minetrix Become a cryptocurrency community leader and challenge the perception of Bitcoin-centric tokens.

The user-friendly approach to Bitcoin mining positions it as a gateway for many to enter the Bitcoin ecosystem, offering significant potential for the cryptocurrency industry during this pivotal decade.

The price of BTCMTX token is $0.0123, but the price increase will occur within 3 days. Token acquisition is flexible and can be done via credit card transactions, ETH, USDT or BNB.

Bitcoin Minetrix’s pre-sale and unique features position it as a game changer. Potential participants are encouraged to stay informed as this initiative progresses. So while there is a risk of Bonk price adjustments, the new BTCMTX token could be the ultimate investment alternative.

Visit Bitcoin Minetrix here..