In the last 24 hours Memecoin marketFLOKI and BONK, which stand out in the, fueled the interest of the investor with their harsh price rise. FLOKI climbed to 0,0001307 dollars with 32.6 percent leap, while the bond rose by 24.2 percent to 0.00003924 dollars. Both Memecoin recorded dual -digit gains on a weekly basis and left the previous resistance regions behind. The rise triggered both Blockchain developments and increased transaction volume. Market participants are now questioning whether the rise is sustainable.
Locks of the rise in FLOKI Coin
FlokiOver $ 0.000088, overcoming the critical tape in a volume. strengthened. The fact that Valhalla completes a million transactions on the OPBNB main network and the completion of 125 thousand NFT printing came to the fore as the main factor that encouraged buyers. Although the relative power index (RSI) rises to 76.3, Memecoin investors still accept this as an indication of positive acceleration.
While the new support level has been moved to around 0,00009681 dollars, the first target is seen as $ 0,000137. If the increase in the transaction volume continues, a peak of $ 0.000168 may come to the agenda. However, the RSI in the extreme purchase zone also keeps the risk of fluctuation in the short term on the agenda. For this reason, it is important for investors to observe volatility.
Continuing conditions of the momentum in Bonk
Popular Memecoin of Solana Ecosystem BonusA long -term ceiling of $ 0.00002434, by breaking the rise channel expanded. Grayscale’s addition to the monitoring list in the third quarter of this year strengthened the perception of corporate interest. In addition, Bonk Dao’s burning of 100 billion coins ($ 3.4 million) supported the price by tightening the supply.
Although the RSI indicator reaches 85.9, it gives an excessive purchase signal, but a 24 -hour volume of $ 2.41 billion memecoinThe buyer shows that his appetite continues. 0.00004681 dollars short -term resistance, while buyers maintain the acceleration, the highest level of all time can come up again $ 0.00005916. However, the risk of high volatility should not be ignored.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
