🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Is Meme Coin Mania Back: BONK, SHIB, PEPE, DOGE Prices Surge

Published 04/21/2024, 06:19 PM
Updated 04/21/2024, 06:45 PM
Is Meme Coin Mania Back: BONK, SHIB, PEPE, DOGE Prices Surge

  • BONK was overbought, suggesting that the price could retrace below $0.000020.
  • The AO on the SHIB chart indicated an upward momentum while predicting a rise to $0.000032.
  • PEPE’s price might experience a decline but DOGE’s extension to $0.24 could be valid.

After facing an extended drawdown season, meme coins seem to be back and better as prices jumped in the last 24 hours. According to CoinMarketCap, Bonk (BONK) skyrocketed by an incredible 39.99% within the last day.

This upswing places its price at $0.000021. Shiba Inu (SHIB) followed with a 17.50% and hit $0.000027 as Coin Edition initially predicted. Pepe’s (PEPE) rose by 19.72% while Dogecoin (DOGE) had a minimal increase of 5.17%.

Bonk (BONK)

BONK broke out of its consolidation phase after trading around the same region since April 13, Meanwhile, the Bollinger Bands (BB) showed increasing volatility around the token. With the widening bands, BONK is expected to undergo significant price fluctuations.

However, the upper band of the BB had touched the token at $0.000021, indicating that it was overbought. This was also reinforced by th…

The post Is Meme Coin Mania Back: BONK, SHIB, PEPE, DOGE Prices Surge appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.