Solana Memecoin: BONK And BOME Up, But What About WIF?
The prices of BOME and BONK are expected to increase, but the value of WIF decreased last week. The cryptocurrency market has been bullish lately, with many top coins turning green, including Bitcoin (BTC) and Ethereum (ETH).
BOME and BONK are following an uptrend and remain green on both the daily and weekly charts. BOME is up more than 11% and BONK has gained more than 7% in the past seven days. As of press time, both BOME and BONK are trading at $0.01203.
Despite the BOME price increase, its weighted sentiment remains bearish, showing that bearish sentiment remains in the market. Conversely, BONK and Chaikin Money Flow (CMF) weighted sentiment both increased, suggesting higher investor confidence.
Despite the good performance of BOME and BONK, WIF price has dropped more than 6% in the past seven days and is currently trading at $2.83 with a market capitalization of more than $2.8 billion. However, this bearish trend may end soon. Santiment data shows that WIF's open interest dropped sharply along with the price, suggesting a possible change in price trend.