{"id":16006,"date":"2023-01-10T17:08:06","date_gmt":"2023-01-10T17:08:06","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/01\/10\/bonk-price-action-spells-trouble-after-becoming-an-overnight-crypto-sensation\/"},"modified":"2023-01-10T17:08:06","modified_gmt":"2023-01-10T17:08:06","slug":"bonk-price-action-spells-trouble-after-becoming-an-overnight-crypto-sensation","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/01\/10\/bonk-price-action-spells-trouble-after-becoming-an-overnight-crypto-sensation\/","title":{"rendered":"BONK price action spells trouble after becoming an overnight crypto sensation."},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666888601196-137f08ae-70b2-400f-bc3a-1abed5fb36c2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666888601196-137f08ae-70b2-400f-bc3a-1abed5fb36c2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666888601196-137f08ae-70b2-400f-bc3a-1abed5fb36c2-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666888601196-137f08ae-70b2-400f-bc3a-1abed5fb36c2-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2017\/06\/1666888601196-137f08ae-70b2-400f-bc3a-1abed5fb36c2.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Bonk token launched on December 25, 2022<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency rose by four-digit percentages after the launch<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">BONK price has cooled and trades on a descent and will declare decrease ranges<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Crypto has all the time handled its followers with twists, turns, and surprises. The crypto group loves it this fashion, for it turns into a time to make fast bucks as the remainder of the market sleeps. In 2022, we had been handled to a wild launch of the ApeCoin. Before the mud settled, Optimism airdrop got here with a thud! The yr couldn\u2019t finish in a greater method for crypto followers than it did with the\u00a0<a href=\"https:\/\/coinjournal.net\/news\/bonk-price-has-soared-prepare-for-a-major-dive\/#:~:text=Bonk%20is%20a%20new%20meme,exposure%20to%20FTX%20and%20Alameda.\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Bonk token<\/u><\/a> (BONK\/USD).<\/p>\n<p dir=\"ltr\">If you&#8217;re a fan of\u00a0<a href=\"https:\/\/coinjournal.net\/news\/a-brief-history-of-dogecoin-and-other-meme-coins\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>meme tokens<\/u><\/a>, then BONK doesn&#8217;t miss your watchlist after a heroic entry into the crypto house. Launched on December 25, 2022, BONK has been a sensation, leaping by 4 digits proportion in price. The token additionally dominated social buying and selling platforms. Analysts credited the recognition of the newly dog-themed token to the Solana group. The former relies on the Solana community.<\/p>\n<p dir=\"ltr\">Nonetheless, if historical past is certainly  instructor, then we must always be taught that the features could not final perpetually. We have seen extremely hyped launches boosting token costs, just for them to crash thereafter. BONK will not be an exception. As of press time, the meme cryptocurrency had misplaced at the very least 50% of its worth from its all-time excessive. Typical of the phrase, in the event you didn\u2019t board early, don\u2019t do it now. Technical pointers present BONK may fall additional.<\/p>\n<h2 dir=\"ltr\"><strong>BONK on a decline as price finds minor assist<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/00\/10\/1673368409614-a491c771-3e2a-4c0e-b442-8697a559f1f5.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"266\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/BONKUSDT\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>BONK\/USDT Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">From the 4-hour chart outlook, BONK trades nervously at a assist zone. The highs to the upside have been decrease, coinciding with a declining price. Buy-side volumes have improved barely on the assist, however not ample to spice up BONK\u2019s price.<\/p>\n<h2 dir=\"ltr\"><strong>BONK price prediction<\/strong><\/h2>\n<p dir=\"ltr\">As the hype across the BONK launch dies, the price may proceed falling. Investors could have a look at BONK as an overvalued asset. Profit-taking and panic promoting may be at play and power a bearish breakout.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase BONK<\/strong><\/h2>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bonk-price-action-spells-trouble-after-becoming-an-overnight-crypto-sensation\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bonk token launched on December 25, 2022 The cryptocurrency rose by four-digit percentages after the launch BONK price has cooled and trades on a descent and will declare decrease ranges Crypto has all the time handled its followers with twists, turns, and surprises. The crypto group loves it this fashion, for it turns into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[649,5679,24,2222,110,5763,2060,1873],"class_list":["post-16006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-action","tag-bonk","tag-crypto","tag-overnight","tag-price","tag-sensation","tag-spells","tag-trouble","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=16006"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16006\/revisions"}],"predecessor-version":[{"id":16007,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16006\/revisions\/16007"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/11613"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=16006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=16006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json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