The Solana-based meme coin BONK has seen its value surge by over 30% in the past three days, sparking interest among cryptocurrency investors. The significant bullish price action comes after BONK broke out from a descending triangle on February 9, shifting its market value from $0.0000103473 to a notable high of $0.0000141310.

This momentum suggests that BONK might not have reached its peak yet. Indeed, the technical forecasts indicates a potential rise to $0.0000174432, marking another 23.50% increase.

In contrast, Dogecoin, a pioneer in the meme coin sector, has shown a more static behavior. It has been trading within a parallel channel since the beginning of January.

Currently flirting with the mid-trendline of this formation, DOGE faces a critical juncture. Should it face rejection at the $0.083 resistance, a dip to $0.077 could be imminent. Conversely, a break above this resistance could fuel a 6.58% ascent to $0.088, testing the channel’s upper boundary.#Write2Earn #BonkRewards #DYM #TrendingTopic