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Exploring the Resurgence of MemeCoins: BONK and SHIB Under the Microscope

Exploring the Resurgence of MemeCoins: BONK and SHIB Under the Microscope

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market is once again shining a light on meme coins like BONK and SHIB. Both projects are showcasing positive changes in their prices, while BlockDAG uses an innovative approach to engage with its audience.

BONK: 10% Rise and Price Target Testing

BONK is showing positive results, forming an ascending wedge since March. Its recent 10% rise allows it to test the price level of $0.00002. Analysts note that the Stochastic RSI is in the oversold zone, which is often seen as a signal for reversals. Furthermore, BONK is holding above key wedge support, increasing the chances of future growth.

SHIB: Prediction for 29% Upside

SHIB is showing strength, remaining above $0.00001718. Analysts highlight a cup and handle formation and the $0.00002215 mark as the next significant level, potentially providing a 29% increase. Increased whale activity also underscores growing interest in SHIB.

BlockDAG: Success through Transparency

BlockDAG is launching a podcast series to provide real access to information for its audience. Instead of usual updates through blogs, the project shares roadmap plans and development directly through audio format. This approach has already raised over $250 million and sold more than 20.5 billion coins. The podcast aids in boosting user activity and attracting attention to the project.

BONK and SHIB continue to attract traders with their upward movements, while BlockDAG sets new standards for audience engagement through podcasts. This is an important time to explore both short-term and long-term investment opportunities.

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