Convergence

Bonk

Smog

Divergence

<div class="insidebitcoins">
 The Bonk price soared 59% in the last 24 hours to trade at $0.00003515 as of 03:28 a.m. EST on trading volume that surged 114% to $1.17 billion.
 The increase led BONK to reach its highest value ever, following the endorsement of the ‘Learn and Earn’ campaign by BonkDAO, facilitated by the European fintech platform, Revolut. This initiative seeks to grow Bonk’s user base by 500,000.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 #Revolut plans to list #BONK and launch a $1.2M campaign to educate users about the meme coin. Approval vote expected to pass. #crypto #Solana
 Follow and stay tuned! 📺🔊
 — Learn2Earn (@Learn2Earnify) February 14, 2024
 </blockquote>
 
 Users who participate in the Learn and Earn campaign will be incentivized, with $1.2 million in rewards up for grabs.
 <h2 id="span-style-font-weight-400-bonk-price-bullish-trading-within-the-upper-boundary-of-the-bullish-pennant-span">Bonk Price Bullish – Trading Within The Upper Boundary Of The Bullish Pennant</h2>
 <figure id="attachment_485602" aria-describedby="caption-attachment-485602" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-485602" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201281%20555'%3E%3C/svg%3E" alt="Bonk Price Chart Analysis Source: Tradingview.com" width="1281" height="555" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 1281w, https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 300w, https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 1024w, https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 768w" data-lazy-sizes="(max-width: 1281px) 100vw, 1281px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp">
 <noscript><img decoding="async" class="size-full wp-image-485602" src="https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp" alt="Bonk Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 1281w, https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 300w, https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 1024w, https://cdn.thebittimes.com/images/2024/03/04/3a5c73e33d16dafed5028dadde2604fc.webp 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 </noscript>
 <figcaption id="caption-attachment-485602" class="wp-caption-text">
 BONKUSD Chart Analysis Source: Tradingview.com
 </figcaption>
 </figure>
 The Bonk price has been on a tear this week, showing great potential as it rallied through a markup phase, overcoming the $0.000026 resistance level. The bulls continue to show resilience as BONK trades within the confines of the bullish pennant, aiming to breach the upper boundary of the pennant.
 BONK is currently trading above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the ongoing price rally.
 Additionally, the Relative Strength Index (RSI) is currently at 77, confirming the current investor optimism as it trades within the overbought region.
 <img decoding="async" class="alignnone size-full wp-image-485604" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201266%20255'%3E%3C/svg%3E" alt="BONKOSC" width="1266" height="255" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 1266w, https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 300w, https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 1024w, https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 768w" data-lazy-sizes="(max-width: 1266px) 100vw, 1266px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp">
 <noscript><img decoding="async" class="alignnone size-full wp-image-485604" src="https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp" alt="BONKOSC" width="1266" height="255" srcset="https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 1266w, https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 300w, https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 1024w, https://cdn.thebittimes.com/images/2024/03/04/1c54c4e39987ef3fee68a35c8cc58fac.webp 768w" sizes="(max-width: 1266px) 100vw, 1266px">
 </noscript>
 Moreover, the Moving Average Convergence Divergence (MACD) is also bullish, as the moving average line (blue) crosses over the signal line (orange), indicating a bullish crossover. A bullish crossover is an encouragement for the bulls to take more buying positions, which could still increase the price.
 The green bars on the histogram extend above the zero line, an indication of positive momentum. Additionally, the Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), confirming the bullish moving average crossover. The Stochastic Oscillator is also above level 80, currently at 99, showing that BONK is overbought and in a very strong bullish trend.
 <h2 id="span-style-font-weight-400-bonk-price-prediction-span">Bonk Price Prediction</h2>
 The Bonk price is currently trading around its psychological barrier at $0.000035. BONK’s current 4-hour chart <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> shows that the bulls are ready to use this level to drive the price up, aiming to breach the upper boundary of the pennant.
 Additionally, the 50-day SMA is trading above the 200-day SMA, forming a golden cross at $0.0000119. The bulls may capitalize on this to propel the price even higher, aiming at $0.000045.
 However, the Stochastic Oscillator and the RSI are currently trading above the overbought regions, which indicates that there may be a looming price correction. In such a scenario, the bears may take charge of the price, allowing a slight price retrace back to the $0.000022 support zone.
 As the BONK bulls aim for new ATHs, investors are also diversifying into another Solana-based meme coin that analysts say has the potential to surge 100X on launch.
 <h2 id="span-style-font-weight-400-smog-pumps-massively-a-100x-opportunity-best-crypto-to-buy-now-span">$Smog Pumps Massively, A 100X Opportunity – Best Crypto To Buy Now</h2>
 Since its debut, the Smog token has continued to perform remarkably while captivating audiences. Smog aims to dominate Solana-based meme coins, including BONK, MYRO, and WIF, and uses the slogan, “One meme coin to rule them all.”
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 One #Memecoin to rule them all! 🚀
 Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
 Join #SMOG on Zealy! 🔥
 Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
 — SMOG (@SMOGToken) February 8, 2024
 </blockquote>
 
 The project is generating a huge buzz because of its plan to launch a massive airdrop, advertised as ‘the greatest in history.’ The team has already allocated 35% of the 1.4 billion token supply for the airdrop.
 <img decoding="async" class="alignnone size-full wp-image-485601" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201925%20746'%3E%3C/svg%3E" alt="SMOG Price Chart. Source: dexscreener.com" width="1925" height="746" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 1925w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 300w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 1024w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 768w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 1536w" data-lazy-sizes="(max-width: 1925px) 100vw, 1925px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp">
 <noscript><img decoding="async" class="alignnone size-full wp-image-485601" src="https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp" alt="SMOG Price Chart. Source: dexscreener.com" width="1925" height="746" srcset="https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 1925w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 300w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 1024w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 768w, https://cdn.thebittimes.com/images/2024/03/04/4b011c55664cbd779f697bc7f3644e09.webp 1536w" sizes="(max-width: 1925px) 100vw, 1925px">
 </noscript>
 Since launch, $SMOG has experienced a significant rally, reaching a new all-time high of $0.12 before slightly retracing to its current price of $0.10. Its market capitalization has surged to $92 million. With over 40,000 holders of $SMOG and counting, this trend suggests the potential for even more explosive price increases coming up.
 <h2 id="span-style-font-weight-400-buy-smog-for-the-next-big-giveaway-stake-for-42-annual-rewards-span">Buy $SMOG For The Next Big Giveaway, Stake For 42% Annual Rewards</h2>
 To qualify for the Smog airdrop, simply buy and hold Smog tokens in your wallet. Another way for you to qualify is by completing different tasks managed by Zealy, and collecting airdrop points. There are over 800,000 quests already completed on the platform.
 The project is also airdropping $1,500 worth of $SMOG through airdrop distributions daily to BONK, WIF, and MYRO holders.
 You also have an opportunity to earn passively through the platform’s staking option, earning an impressive 42% annual percentage yield (APY).
 Jacob Bury, a crypto analyst and YouTuber with more than 30K subscribers, believes that Smog has the potential to surge 100X.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/DRFPS_FyxV4" data-id="DRFPS_FyxV4" data-query="feature=oembed" data-alt="SMOG Meme Coin Price Prediction | Low CAP 100x Crypto Gem?!"></div>
 <noscript><iframe title="SMOG Meme Coin Price Prediction | Low CAP 100x Crypto Gem?!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/DRFPS_FyxV4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </noscript>
 
 You can buy the SMOG token on the official website to qualify for the historic airdrop. There’s also a 10% discount when you buy and stake $Smog.
 <h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
 <ul>
 <li style="font-weight: 400;" aria-level="1">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!</li>
 <li style="font-weight: 400;" aria-level="1">Best Meme Coins to Invest in: Top Picks for Exponential Gains! 🚀</li>
 <li aria-level="1">A How-To Guide on Buying Cryptocurrency Safely in 2024</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bonk-price-prediction-bonk-soars-59-to-new-all-time-high-but-traders-still-flock-to-this-surging-solana-competitor-for-the-greatest-airdrop-in-history-tbt81535.html">https://thebittimes.com/bonk-price-prediction-bonk-soars-59-to-new-all-time-high-but-traders-still-flock-to-this-surging-solana-competitor-for-the-greatest-airdrop-in-history-tbt81535.html</a>
</div>

Bonk Price Prediction: BONK Soars 59% To New All-Time High, But Traders Still Flock To This Surging Solana Competitor For The Greatest Airdr...

Table of Contents

TheBitTimes

Other articles published on Mar 4, 2024

Ethereum Dencun Upgrade: A Catalyst Amidst ETH ETF

Nigeria’s government rails against crypto as naira plummets

Dogecoin, Shiba Inu Ready To 'Go Crazy This Cycle', Says Crypto Analyst, But Warns They 'Will Nev...

Shiba Inu Price Rally Not Over? Whale Buys Signal Further Growth Potential

Revolutionising Gaming: 10bet Sportsbook Casino Embraces the Power of Blockchain Technology

Bitcoin ETFs Record Second-Highest Weekly Inflow Of $1.8 Billion, Luring BTC Price To Retest $69K

Join our free newsletter for daily crypto updates!