Because the cryptocurrency market continues to evolve, meme cash like Bonk (BONK) and Toncoin (TON) have just lately confronted some turbulence. But amidst this flux, Meeky Mouse ($MEEK) is rising as a significant contender, probably setting new requirements within the meme coin enviornment.
Bonk: Going through challenges
Bonk's (BONK) latest worth trajectory has been something however steady. After hitting a month-to-month excessive of $0.000033 on July twenty first, the meme coin struggled to take care of its momentum, falling to a weekly low of $0.000025 shortly after. Though BONK tried to bounce again, it confronted rejection at $0.000030 and has since misplaced one other 4.15% in worth within the final 24 hours.
From a technical viewpoint, BONK worth dropped under the 20 EMA on July 29, signaling a bearish pattern. Whereas an increase above this stage may point out a possible bullish reversal, the coin's latest efficiency has raised considerations amongst traders.
Toncoin: A Combined Bag
Toncoin (TON) has additionally encountered some resistance. Following a latest bearish rally, TON fell under its 20-day and 50-day EMAs, with promoting strain pushing the altcoin near the $6.7 help stage. If this help is breached, TON's restoration pr…
The submit Why MEEK Might Outpace BONK and TON within the Meme Coin Market? appeared first on Coin Version.
