BONK price surges 5% Fi coin may become the next cryptocurrency to skyrocket. Is it too late to buy it now?

Bonk price has increased by 5% in the past 24 hours and is trading at $0.00002515, with a surge of 102% in trading volume as of 09:57 AM EST.

With the rally, BONK joins Floki (FLOKI) among the best performing sector tokens, while Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are in the red.

BONK bulls show strength, traders say Bonk price is ready for a bull run.

$bonk looks really good here
Interestingly, it is rarely discussed...
pic.twitter.com/rLTmfMih7M
- Unipcs (aka 'Bonk Guy') (@theunipcs)
July 2, 2024

Some attributed the rise in Bonk’s price to memecoin weakness, with prominent trader Crypto Chase predicting a rise of 50%.

$BONK Update
Bonk's buying effect was good, with an increase of about 50%.
Enter the resistance zone here, please deal with it according to your own situation. My position is spot, so I relax most of the time (will reduce some), but I will also keep some for a longer time. For me, below 0.02 is the key, just like 59000 is the key for me
$BTC
.
https://t.co/WxpJQCU35q
pic.twitter.com/WRIQA6VNv7
– Crypto Chase (@Crypto_Chase)
July 2, 2024

Bonk Price Prediction
Bonk price is trading with a bullish bias on the four-hour time frame, within an ascending parallel channel. The meme coin looks poised for more gains as multiple technical indicators are showing bullish signals.

First, the relative strength index (RSI) is well above the 50 average and is showing increasing bullish momentum. Likewise, the moving average convergence divergence (MACD) is above its signal line (orange area), and both oscillators remain in positive territory.

Taken together, these momentum indicators suggest that the bulls have the upper hand and that Bonk prices could continue to rise. However, with this trend bias to the downside, only a solid close above the 61.8% Fibonacci indicator of $0.00002950 on the four-hour timeframe would make BONK an attractive buy.

However, for the skeptics, one can consider waiting for the Bonk price to close above the 50% Fibonacci placeholder of $0.00003274. This will signal BONK’s escape from the muddy waters.

If bears gain the upper hand, a drop below the 78.6% Fibonacci Retracement level of $0.00002490 could spark a sell-off. In extreme cases, a prolonged trade below the lower trendline of the ascending parallel channel would invalidate the bullish view.

This trend bias could drop the Bonk price to the $0.00001903 support level before a recovery is likely.

As Bonk price defends its uptrend, future-focused memecoin traders are flocking to Mega Dice (DICE). Experts expect this GambeFi cryptocurrency to break out after its launch, with YouTuber Jon Trading saying it has 100x potential.

A promising alternative to Bonk
The Mega Dice project, whose token is DICE, is a mature casino project with over 50,000 users. It has over 11,000 active players and over $50 million in bets per month.

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– Mega Dice Casino (@megadice)
July 2, 2024

The project is the first GambeFi project on the Solana blockchain and aims to challenge casino industry giant Rollbit Coin. It also hopes to emulate previous private placements such as TG.Casino, which grew 4x at launch.

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– Mega Dice Casino (@megadice)
June 28, 2024

Mega Dice offers various rewards to investors and players. These include tournaments and daily bonuses based on casino performance.

You can also earn passive income through the platform’s staking option, with 10%’s $DICE total of 420 million tokens used as staking rewards.

Limited edition NFTs will also be sent to randomly selected users on the platform to gift players privileges and additional rewards.

Anyone who purchases DICE during the current ICO phase will have the opportunity to receive early bird rewards.

The project’s presale has raised over $1.58 million, with investors purchasing DICE tokens at $0.0866.

If you're interested in what Mega Dice has to offer, buy it soon, as the price will go up in less than six days.

Visit and purchase Mega Dice here.

Also read:
Michael Wrubel's Insights on Mega Dice Crypto Presale - Why He's Bullish on GameFi Token?
Mega Dice Presale Has Attracted Over $500K - Top GameFi Crypto on Solana?
Solana's latest GambleFi presale Mega Dice has surpassed $500,000 in its first week
What is a Crypto Presale? A quick guide to learn the basics of new cryptocurrencies!
Mega Dice - The Newest GambleFi Token
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