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🔥 AI predicts BONK price for May 1, 2024 Bonk (BONK) has been making significant moves in the last 7 days to the point that it is, at press time, the best-performing top 100 cryptocurrency within the time frame. Indeed, while overshadowed to an extent by newer meme coins such as Dogwifhat (WIF) in the 2024 crypto bull market, Bonk has been offering decent performance throughout and is, on top of its 75% 7-week climb, 81% in the green year-to-date (YTD). Additionally, BONK is set to expand its audience with the neo-banking platform Revolut is enabling trading of the meme coin this April. With the recent and upcoming developments in mind, Finbold decided to consult the predictive artificial intelligence (AI) algorithms of a platform specializing in forecasting future cryptocurrency prices – PricePrediction – on where Bonk might stand on May 1, 2024. ♦️ AI forecasts BONK’s May 1 price According to the AI, Bonk will trade ever so slightly higher and with relative stability throughout the rest of April and climb to $0.000026 by May 1 – approximately 6.38% up from its press time price of $0.00002444. It is also forecast to start slumping shortly after and drop to $0.000025 by May 2, indicating that the April stability might not hold despite the predicted price representing a 0.229% upside from the April 25 values. Analysts are, however, substantially more bullish on the popular Solana (SOL) meme coin. Benjamin, a crypto analyst on X, found that having broken out after forming a symmetrical wedge, BONK is set to retest an all-time high (ATH). ♦️ BONK price chart While it isn’t certain BONK will indeed soon surge 165% – or 6% for that matter – its recent performance has been exceptionally strong. The meme coin is 75% in the green on the weekly chart – though it did decline 7.84% on the daily chart indicating its crypto market strength may not be sustained. The longer time frames are, however, more positive despite the high volatility. Bonk rose a significant 81% since January 1 and is up as much as 3,904% in the last 52 weeks. $BONK #BONK

🔥 AI predicts BONK price for May 1, 2024

Bonk (BONK) has been making significant moves in the last 7 days to the point that it is, at press time, the best-performing top 100 cryptocurrency within the time frame.

Indeed, while overshadowed to an extent by newer meme coins such as Dogwifhat (WIF) in the 2024 crypto bull market, Bonk has been offering decent performance throughout and is, on top of its 75% 7-week climb, 81% in the green year-to-date (YTD).

Additionally, BONK is set to expand its audience with the neo-banking platform Revolut is enabling trading of the meme coin this April.

With the recent and upcoming developments in mind, Finbold decided to consult the predictive artificial intelligence (AI) algorithms of a platform specializing in forecasting future cryptocurrency prices – PricePrediction – on where Bonk might stand on May 1, 2024.

♦️ AI forecasts BONK’s May 1 price

According to the AI, Bonk will trade ever so slightly higher and with relative stability throughout the rest of April and climb to $0.000026 by May 1 – approximately 6.38% up from its press time price of $0.00002444.

It is also forecast to start slumping shortly after and drop to $0.000025 by May 2, indicating that the April stability might not hold despite the predicted price representing a 0.229% upside from the April 25 values.

Analysts are, however, substantially more bullish on the popular Solana (SOL) meme coin. Benjamin, a crypto analyst on X, found that having broken out after forming a symmetrical wedge, BONK is set to retest an all-time high (ATH).

♦️ BONK price chart

While it isn’t certain BONK will indeed soon surge 165% – or 6% for that matter – its recent performance has been exceptionally strong. The meme coin is 75% in the green on the weekly chart – though it did decline 7.84% on the daily chart indicating its crypto market strength may not be sustained.

The longer time frames are, however, more positive despite the high volatility. Bonk rose a significant 81% since January 1 and is up as much as 3,904% in the last 52 weeks.

$BONK #BONK

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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🐋 Whale Activity Boosts Dogecoin Holdings Dogecoin investors, during recent market movements, saw the price drop from $0.1686 to $0.1423 and accumulated DOGE. Recently, on May 6th, DOGE moved above the price level of $0.168, which brought 5.21 million addresses into a profitable position. However, after this, the situation reversed. A minor correction in the price was observed throughout May 7th. According to on-chain data provided by Santiment, DOGE whales took advantage of this drop and purchased 265.86 million DOGE tokens. 🔸 DOGE Accumulating Whales According to data from the on-chain platform Santiment, addresses holding between 100 million and 1 billion DOGE increased their holdings by 1%, capturing 21% of the total supply on May 7th. Interestingly, the number of tokens held by these whales increased by 265.86 million DOGE, valued at approximately $41.2 million. This increase was significant in the market compared to the 342 million DOGE that left their possession the day before the whale entry. The latest data reveals that accumulation on exchanges is still ongoing. Meanwhile, recent data shared by the whale tracking platform Whale Alerts indicates that 120 million DOGE tokens, valued at 18 million dollars, were purchased from the cryptocurrency exchange Robinhood and transferred to wallets within a few hours. 🔸 The Significance of DOGE and Whale Movements Whale activity and sentiment are essential for any cryptocurrency, especially for a meme token like Dogecoin, whose value is mostly driven by hype and market sentiment rather than demand for utility. These whales typically move the market, and accumulation or selling by a few large traders can alter the sentiment of other investors. At the time of writing, DOGE was trading at $0.1448. The price correction that occurred between May 6th and May 9th seems to be continuing. Despite this, the price is still above the $0.143 level it jumped to during that period. Currently, DOGE has seen a 4% decrease in the last 24 hours and a 4% decrease over the last seven days. $DOGE #DOGE
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