Because the cryptocurrency market continues to evolve, meme cash reminiscent of Bonk (BONK) and Toncoin (TON) have confronted turmoil just lately. Nevertheless, amid this liquidity, Meeky Mouse ($MEEK) has emerged as a scorching contender that would set a brand new customary within the meme coin area.
Bonk: Going through the Challenges
Bonk (BONK)'s current value motion has been something however steady. After hitting a month-to-month excessive of $0.000033 on July 21, the meme coin struggled to keep up momentum and shortly fell to a weekly low of $0.000025. BONK tried a bounce however was rejected at $0.000030, shedding an extra 4.15% in worth over the previous 24 hours.
On the technical entrance, BONK value fell under the 20 EMA on July 29, signaling a bearish development. Whereas a transfer above this degree might sign a attainable bullish reversal, the coin's current efficiency has raised considerations amongst traders.
Toncoin: Good and dangerous factors
Toncoin (TON) additionally encountered resistance. Following the current bearish rally, TON fell under the 20-day and 50-day EMAs, and promoting stress pushed the altcoin all the way down to the assist degree of $6.7. As soon as this assist was damaged, TON’s restoration…
The article Why MEEK Might Outperform BONK and TON within the Meme Coin Market appeared first on Coin Version.
