Bonk on Base narxBONK

$BONK price reacted to the 1.38 Fib extension level to the downside. For now, still no evidence that the price has formed a low in wave-(iv). A break above $0.0000207 would be the first sign that wave-3 is unfolding to the upside. Resistance is between $0.000021 and $0.000026.

🐸 $PEPE Faces Major Deleveraging Amid 42% Drop According to on-chain analytics platform Glassnode, frog-themed cryptocurrency PEPE has seen a major deleveraging as Futures Open Interest across the meme coin sector has dropped significantly since their peaks. Recently, a trend has emerged among meme coins, with open interest cooling off following speculative peaks. The trend is clear: open interest has sharply corrected across meme coins. This can point to leverage flushing out but also signal a shift in sentiment across the meme coin sector. 💬 PEPE, BONK, and WIF also saw major deleveraging: 📉 PEPE: -71.93% ($1.25B → $351M) 📉 BONK: -75.10% ($715M → $178M) 📉 WIF: -69.83% ($653M → $197M) These memecoins followed similar patterns, with OI cooling off after speculative peaks.— glassnode February 19, 2025 Frog-themed meme coin PEPE has seen its price drop by 42% monthly and experienced a major deleveraging, with its futures open interest plunging by 71.93% — falling from $1.25 billion to $351 million. The meme coin sector, in general, is undergoing a significant shift, with futures open interest (OI) sharply contracting after reaching speculative peaks. This trend is reflected in other meme coins such as SHIB, DOGE, WIF and BONK. At the height of the speculative frenzy, meme coins saw skyrocketing trade volumes and massive leveraged holdings. However, recent data shows that this exuberance is cooling off. The substantial drop in futures open interest across the sector indicates that traders are stepping back, reducing their exposure and flushing out excessive leverage from the market. PEPE down 42% monthly After a stellar surge in late 2024, PEPE is now facing a harsh reality. The token has experienced a steep 42% drop over the past month, mirroring a broader correction in the often volatile meme coin sector. At press time, PEPE was down 2.29% in the last 24 hours to $0.0000092 and down 0.09% weekly. PEPE has steadily declined since reaching an all-time high of $0.000028 on Dec. 9, 2024, and is now down 66.5% from this peak. PEPE declined all through January, dropping for four consecutive weeks at a stretch. Bears took a breather in the past week, with PEPE ending the week in the green, but the drop has now resumed, with PEPE down this week. Eyes will be on recovery for the PEPE price beyond the daily SMA 50 at $0.00001453 to ascertain a price comeback. #PEPE #Pepecoin 

Hier ist eine Zusammenfassung der Ethereum-basierten Meme-Coin-Projekte: Meme-Coin-Projekte 1. *Shiba Inu (SHIB)*: Ein etabliertes Projekt mit einer starken Community und Ökosystem. 2. *Bonk (BONK)*: Ein community-getriebenes Projekt mit Integration in DeFi-Projekte und mehreren Blockchain-Netzwerken. 3. *Pepe (PEPE)*: Ein Projekt mit starker Community-Unterstützung und viralen Appeal.

As the cryptocurrency market continues to evolve, Ethereum-based meme coins have emerged as a dynamic and high-reward segment. These tokens, often inspired by internet culture and viral trends, have captivated investors with their potential for exponential growth. With February nearing its end, several Ethereum meme coins are generating buzz for their potential to deliver significant returns. Below, we explore some of these promising tokens. 1. Shiba Inu (SHIB) Launched in August 2020, Shiba Inu (SHIB) has established itself as a prominent player in the meme coin arena. Dubbed the "Dogecoin killer," SHIB has cultivated a robust community and ecosystem. Over the past year, SHIB's value has surged significantly, reflecting growing interest and adoption. It continues to maintain momentum, making it a strong candidate for potential gains. 2. Bonk (BONK) Bonk (BONK) is a meme coin that has garnered attention due to its unique community-driven approach. Despite recent price fluctuations, BONK has maintained a dedicated following. Its integration into various decentralized finance (DeFi) projects and its presence on multiple blockchain networks position it as a contender for significant growth. 3. Pepe (PEPE) Inspired by the popular internet meme "Pepe the Frog," Pepe (PEPE) aims to carve out its niche in the meme coin sector. It has seen remarkable growth over the past year, fueled by strong community engagement and viral appeal. While price movements can be volatile, its popularity keeps it in the spotlight for potential gains. 4. Floki Inu (FLOKI) Floki Inu (FLOKI) has captured the imagination of crypto enthusiasts with its unique blend of humor, community engagement, and bold innovation. Named after the adventurous Viking, FLOKI embodies a spirit of exploration and determination, resonating with investors who appreciate both a playful approach and serious growth potential in the crypto market. Its vibrant community and ongoing developments make it a meme coin with promising prospects. 5. Baby Doge Coin (BABYDOGE) Building on Dogecoin's legacy, Baby Doge Coin (BABYDOGE) offers improved transaction speeds and integrates charitable initiatives to give back to communities. With a passionate fanbase and a commitment to philanthropy, Baby Doge Coin has cemented itself as a feel-good investment that still packs serious potential for long-term gains. 🔻Conclusion While the allure of substantial returns is enticing, it's crucial to approach investments in meme coins with caution. The market is highly volatile, and thorough research is essential. Engaging with the communities, understanding the tokenomics, and staying updated with project developments can provide valuable insights. As February draws to a close, these Ethereum-based meme coins present intriguing opportunities for those willing to navigate the risks inherent in the crypto landscape. $SHIB $BONK $PEPE $FLOKI $BABYDOGE

Can $BONK Reach $0.50? Reaching $0.50 is an ambitious target for $BONK , given its current price range. According to $BONK 2025 price prediction suggests it will fluctuate between $0.002720 and $0.0128, with an average price of $0.00692. This means $BONK would need an extraordinary rally to reach $0.50. $BONK price is largely driven by market sentiment, community support, adoption rates, and overall crypto trends. While meme coins have seen explosive growth in the past, hitting $0.50 would require massive demand, sustained bullish momentum, and potential utility expansion. Stay tuned for more updates on $BONK market outlook. $BONK