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Due to the influx of $100 million in trading volume, the bonk price is expected to skyrocket As trade volumes for Bonk continue to rise beyond $100 million, according to statistics provided by Yahoo Finance, the price of Bonk may be on the verge of exploding. During the most recent trading session, BONK was trading slightly over the $0.000017 mark, and trade volumes reached their highest level since the previous Friday. The price of BONK has been trapped in a negative trend since the middle of July. The bulls, on the other hand, are anticipating that the Bonk price will be able to surge higher if it is able to break above its previous downward trend this week. Indeed, if BONK were to break above its 50 and 200-day moving averages in the $0.000023s, a breakthrough above the $0.000019 level would pave the way for a quick surge back to the mid-$0.000030s. This is assuming that BONK could also break above its 50DMA. Due to the influx of $100 million in trading volume, the bonk price is expected to skyrocket. But it is a very big if. For the time being, the price of BONK continues to be locked in a negative trend. #BONK #CryptoMarketMoves #PowellAtJacksonHole $BONK

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Speculators Flee to New $9.3 Million Rival After Pepe Falls 41% in a Month Put Pepe (PEPE) aside; after a precipitous 41% drop in price, savvy investors are quickly shifting their focus to Pepe Unchained, a rival with a valuation of roughly $10 million, as it embarks on a daring mission to boost the frog currency ecology. Learn how Pepe's price has changed over the last 30 days and if another cryptocurrency is a better HODL pick for August by reading this article. Pepe is now trading at $0.00000731 (a move of +0.41% over the last 24 hours) as the price indicates negative divergence on the short-term horizon. With a -41% month-on-month loss and further ascendant opposition from the falling 20DMA (now at $0.00000822), optimism is limited and a significant upward objective is highlighted, the chart is now dominated by downward price activity. The price of PEPE is probably going to retest its previous bottom around $0.0000058, a level that the Bollinger band volatility has already shown. Although this will not appeal to holders, it is an unfortunate reality that they must face in order to enter the bullish technical structure (if double-bottomed support is successfully shown). With the relative strength index (RSI) reading 37.51 on the long-term chart, there is reason to be optimistic about the coin's oversold condition and its potential for significant price appreciation; however, traders should be aware that the RSI may remain in the signal range for quite some time. In sum, the neckline at $0.0000077 caps the upside potential at 4.7%, while a fall to $0.0000058 caps the downside risk at 20%. You may find better buys at lower support levels, and the currency now has a short-term frame risk reward of 0.23, indicating a negative entrance. An alternate initiative that seeks to revive the frogcoin ecosystem is skyrocketing in popularity, while Pepe is having a rough week. #PEPE #Memecoins #CryptoMarketMoves $PEPE

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Monday Crypto Leaderboard: BNB and XRP Overtake Market Leaders Binance Coin (BNB) and XRP, two of the top 10 cryptocurrencies, outperformed Bitcoin (BTC) and Ethereum (ETH) on Monday. Price Analysis: XRP The top 10 cryptocurrencies are led by Ripple's XRP, which rose about 6%. According to CoinGecko, the token's price hit a near two-week high of $0.6080 on Monday and trading volume increased 197% during the preceding 24 hours. Investors are optimistic as XRP temporarily consolidated above the important $0.600 resistance level before reverting to $0.590. Bulls must watch $0.6169 and $0.6288 to continue the price rebound. A daily closure above these levels might break the token's one-month slump. The yellow and blue lines on the XRP/USDT daily chart below show that XRP is above its 200-day and 50-day exponential moving averages (EMAs) at $0.5516 and $0.5716. This year's uptrends show that these major technical indicators may sustain the price during a market downturn that might increase selling pressure. But Binance Coin, the native cryptocurrency of the major Binance exchange, has also surged 3% in 24 hours to $554, a two-week high. The token dropped to $399 on August 5 on “Black Monday” in the market. Binance Coin's trading volume increased 30% to $800 million in the same time period, like XRP, according to CoinGecko. BNB is 22.68% behind its all-time high of $717 set on June 6, but a break of the daily chart's upper barrier might lead to a retest. The Binance Coin price has to consolidate above its 200-day EMA at $547 to retest the $574 resistance level, the most important on this time frame, before a possible surge above $600. After the August 5 fall, the Binance Coin token's range low of $502 at the start of the month has provided short-term support for the BNB price. Whether this cryptocurrency increase can be maintained amid market concerns and a lack of new funding entering crypto is unknown. #BNB #XRP #CryptoMarketMoves $BNB $XRP

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Internal Conflicts Threaten Hamster Kombat's Future The popular Telegram game Hamster Kombat has internal problems and investor issues that might impede its success. Recent reports have revealed project conflicts that might affect the highly anticipated HMSTR token airdrop and progress. Background of Hamster Kombat's Internal Conflict On August 16, Lenta.ru revealed Hamster Kombat team disagreements over investor AD.RU, sparking the uproar. The report, which was eventually withdrawn, claimed that the game's designers refused to share revenues with AD.RU despite its funding and mechanic development. Anton Gorshkov, CEO of AD.RU, says his company was important to game development. Gorshkov said AD.RU spent $600,000 in Eduard Gurinovich's 2020 Arenum mobile gaming and esports platform partnership. One of Hamster Kombat's creators is Russian IT entrepreneur Gurinovich. AD.RU's 18.6% stake was boosted to 25% after marketing helped obtain over $1 million in new investors. In June 2024, Gurinovich denied AD.RU's involvement in Hamster Kombat's development. Gorshkov issued Gurinovich a pre-trial claim, suggesting Hamster Kombat may face legal issues. In August, marketing director Nikita Anufriev quit Hamster Kombat, worsening its situation. Anufriev said he was promised 25% of the company's income or shares but never received either. He claims to have promoted the game internationally and secured significant partnerships, including a $450,000 investment. Anufriev said the team returned monies to early investors instead of sharing earnings, which has upset influencers and players who believe their contributions to the game were devalued. Conflict Effects on Airdrop Farmers and HMSTR Token Launch These internal issues might affect Hamster Kombat gamers and the project's future. HMSTR's late July airdrop of 60% of its token to devoted players was postponed indefinitely. The company blamed TON blockchain technical issues and network congestion for the delay. #HamsterKombat #PowellAtJacksonHole #BinanceHODLerBANANA $BTC

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