CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-05-13 16:45:05

Bonk crypto eyes bounce as bulls buy amid 12% dip

Bonk is among the altcoins that saw a significant price dip early Tuesday as profit taking dented bulls’ momentum. The Bonk ( BONK ) crypto had jumped to highs of $0.0000256 as Bitcoin ( BTC ) broke to above $105k amid a U.S.-China trade deal announcement . But the flagship digital asset pared some of the gains and major altcoins followed suit. Bonk price slipped to lows of $0.0000209, with the Solana memecoin plummeting by more than 12%. The action mirrored other trending Solana meme coins and the broader crypto market. Notably, Bitcoin hovered near $103,400, having broken down from above $105k. Bitcoin and Ethereum also dipped slightly as markets digested fresh U.S. inflation data. The CPI report triggered a modest retreat in equities, with the Dow slipping and BTC stabilizing near $103k. ETH fell toward the $2.4k region. Solana and XRP also gave back some of their recent gains. Analysts at QCP Capital noted signs of capital rotation, with BTC dominance falling below 63%, indicating potential shifts toward altcoins or other risk assets. You might also like: https://crypto.news/why-is-crypto-down-today-2/ The broader market trend saw the memecoin record a surge in volume, up to $1.1 billion. However, as traders sought to take profits, BONK price fell, with its technical picture suggesting a potential reversal with a rising wedge pattern. Despite the short-term bearish setup, BONK appears to be looking for a bounce. In the past 24 hours, the memecoin touched highs of $0.0000228, though it has since pulled back from a key horizontal resistance zone. Overall market conditions and Solana ecosystem buzz will nonetheless be key in terms of tailwinds for Bonk.The latter is noteworthy as Bonk is Solana’s first dog-themed coin and has seen growth alongside top memecoins Dogecoin and Shiba Inu. Data from SolScan shows Bonk’s user base is nearing 1 million holders. Meanwhile, BONK price reached its all-time high of $0.000059 in November 2024. You might also like: Bonk price slowly forms a risky pattern pointing to a crash

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta