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    Is it too late to buy BONK? BONK price surges 5% and this GambleFi coin could be the next cryptocurrency to explode

    msmarkBy No Comments5 Mins Read
    BONK price

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    Bonk price is up 5% over the past 24 hours to trade at $0.00002515 as of 09:57 AM EST on trading volume that has increased by 102%.

    With this surge, BONK joins Floki (FLOKI) in outperforming the sector’s top-performing tokens, with Dogecoin (DOGE), Shiba Inu (SHIB), and Peppe (PEPE) all in the red.

    Best Meme Coins, Source: CoinMarketCap

    With BONK price showing strength, traders are saying that Bonk price is poised for an upward move.

    Some attribute the strength of the Punk price to Meme Coin Depletionwith popular trader Crypto Chase predicting a 50% rise.

    Punk price prediction

    Punk price is trading with a bullish bias, consolidating inside a parallel ascending channel on the 4-hour time frame. The meme coin seems poised for further gains as multiple technical indicators flash higher.

    For starters, the Relative Strength Index (RSI) is well above its 50-level average, with higher lows defined to show increasing bullish momentum. Similarly, the Moving Average Convergence Divergence (MACD) is above its signal line (orange band) as both oscillators remain in positive territory.

    These momentum indicators collectively suggest that bulls have the advantage and that Punk price could extend higher. However, in such a directional bias, only a steady close above the 61.8% Fibonacci retracement at $0.00002950 on the 4-hour time frame would make Punk an attractive buy.

    But for skeptics, they should wait until Punk closes above the $0.00003274 level which represents the 50% Fibonacci level. This would mark Punk’s exit from the troubled waters.

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    GeckoTerminal: BONK/USD 4-hour chart

    On the other hand, if the bears manage to achieve their targets and the price of Punk slides below the 78.6% Fibonacci retracement level at $0.00002490, it could lead to a massive sell-off. In the worst case scenario, an extended decline below the lower trend line of the ascending parallel channel could invalidate the bullish hypothesis.

    This directional bias could push Bonk price deep into the $0.00001903 support level, before a potential recovery.

    As Bonk price defends its bullish trend, forward-looking meme coin traders are flocking to Mega Dice (DICE). Experts are predicting a GambleFi explosion for this cryptocurrency after launch, with YouTuber Jon Trading saying it has 100x potential.

    A promising alternative to Bonk.

    DICE, the trading symbol for huge dice The project is an established casino project with a user base of over 50,000. The project has over 11,000 active players and monthly bets of over $50 million.

    The project is GambleFi’s first project on the Solana blockchain, and aims to challenge the casino giant, Rollbit Coin. It also looks to emulate previous pre-sales like TG.Casino, which exploded 4 times upon launch.

    Mega Dice offers investors and players a variety of bonuses. These include: Championships And daily bonuses for holders based on the casino’s performance.

    You can also earn passive income by: Platform Participation Optionwith 10% of the total 420 million $DICE tokens allocated as staking rewards.

    Limited edition NFTs that give players special perks and additional rewards will also be sent to randomly selected users on the platform.

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

    The project’s presale raised over $1.58 million as investors purchased the DICE token for $0.0866.

    If you’re interested in what Mega Dice has to offer, buy soon because a price hike is coming in less than six days.

    Visit and buy Mega Dice here.

    Read also:

    Mega Dice – Latest GambleFi Symbols

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    • Well-established cryptocurrency betting brand
    • Mentioned on Cointelegraph – First licensed casino on Telegram
    • Presale now available – megadicetoken.com

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