Meme Coin Rollercoaster Ride — BONK’s Value Plummets Amidst Market Turbulence an

[sirty143]

Meme Coin Rollercoaster Ride — BONK’s Value Plummets Amidst Market Turbulence and Rising Contenders

While the meme coin phenomenon bonk (BONK) captivated users on the Solana network, the cryptocurrency recently witnessed a 41% decline over the preceding fortnight, accompanied by a 20.8% descent... See more for yourself here.

Your opinion is greatly appreciated.

[gunhell16]

Well, Bonk's price recently rallied in the month of December before Christmas, and last week there was a breakout when Bonk's price value fell again in the market. And that's exactly how the price of meme coins like that plays out, especially when their volatility attacks.

It's a shame that I didn't keep up with the sale, but that's okay because there's nothing wrong with holding onto it until the bull run comes. So I will still save it or do the DCA for it so that somehow I have its holdings at the right time and season.

[Faisal2202]

I knew about this meme coin but not that much, it was airdropped to the early users, and so far IMHO it is doing good, the decrement in the price is just due to the hype of airdrops on Solana, many influencers even try to fake the potential of Solana by saying the hype of airdrops on Solana network is going to end soon. Due to this many newbies and risk avoiders, exist in the market of Bonk and we saw a decrease in the price.

Although I am not a fan of this coin but it reminds me of another coin BLOK. And the decrement in the price maybe due to another factor which is new listings, as we have seen that new listings always go up and after some time they go down. And make a new ATL. In my opinion, it will follow the same pattern.

[Fivestar4everMVP]

I am not surprised, only those who are very new to meme coins will be surprised at this, meme coins from my personal experiences are known for such drastic falls in times when there is a shortage of buyers, or new buyers to keep the momentum high, it falls, but as long as the meme coin is one that people likes and the developers know what they are doing, it will still rise back..

I actually hold no single bonk, and never did I buy or invest in it, but I've followed the project for a while now, I actually would have bought it, but I felt I was already too late into it, one meme coin I actually hold at the moment is COQ inu, and this as well have been on a decline for some weeks now, hoping it recovers soon just as bonk have recovered..

[gunhell16]

I am not surprised, only those who are very new to meme coins will be surprised at this, meme coins from my personal experiences are known for such drastic falls in times when there is a shortage of buyers, or new buyers to keep the momentum high, it falls, but as long as the meme coin is one that people likes and the developers know what they are doing, it will still rise back..

I actually hold no single bonk, and never did I buy or invest in it, but I've followed the project for a while now, I actually would have bought it, but I felt I was already too late into it, one meme coin I actually hold at the moment is COQ inu, and this as well have been on a decline for some weeks now, hoping it recovers soon just as bonk have recovered..

I think it's not too late for you to buy Bonk, because with the upcoming halving and bull this year, there is still something to be lifted, to be honest. Honestly, I still buy Bonk via DCA.

Then the Coq that you are talking about, for me, also has potential; actually, I also have holdings of it somehow, because I believe that like the bonk, it will also raise something, and it will recover for sure in the end.

[Jamal Aezaz]

It was a memecoin after wall. what else do you expect from that? we should always be prepared for something like that with every memecoin out there. these tokens are not future proof. they can drastically decrease in price just as you saw in BONK.

I am not surprised, only those who are very new to meme coins will be surprised at this, meme coins from my personal experiences are known for such drastic falls in times when there is a shortage of buyers, or new buyers to keep the momentum high, it falls, but as long as the meme coin is one that people likes and the developers know what they are doing, it will still rise back..

I actually hold no single bonk, and never did I buy or invest in it, but I've followed the project for a while now, I actually would have bought it, but I felt I was already too late into it, one meme coin I actually hold at the moment is COQ inu, and this as well have been on a decline for some weeks now, hoping it recovers soon just as bonk have recovered..

Don't worry about missing a Memcoin Bot. There will always be another meme coin you can get in early. Besides meme coins are very cheap. you can buy a lot of BONK coin for just $10. which may return with good profit. NFA.
what I am trying to say is that Memecoin is a Rollercoaster ride. one will go, and another will come.

[gunhell16]

It was a memecoin after wall. what else do you expect from that? we should always be prepared for something like that with every memecoin out there. these tokens are not future proof. they can drastically decrease in price just as you saw in BONK.

I am not surprised, only those who are very new to meme coins will be surprised at this, meme coins from my personal experiences are known for such drastic falls in times when there is a shortage of buyers, or new buyers to keep the momentum high, it falls, but as long as the meme coin is one that people likes and the developers know what they are doing, it will still rise back..

I actually hold no single bonk, and never did I buy or invest in it, but I've followed the project for a while now, I actually would have bought it, but I felt I was already too late into it, one meme coin I actually hold at the moment is COQ inu, and this as well have been on a decline for some weeks now, hoping it recovers soon just as bonk have recovered..

Don't worry about missing a Memcoin Bot. There will always be another meme coin you can get in early. Besides meme coins are very cheap. you can buy a lot of BONK coin for just $10. which may return with good profit. NFA.
what I am trying to say is that Memecoin is a Rollercoaster ride. one will go, and another will come.

If we compare meme coins to a rollercoaster, it means that if we haven't been able to keep up with buying meme coins at a low price, it means that we have to wait for the opportunity for its price to drop again, then we buy and then sell when we think it's the one. right timing for the sale.

Let's take a position where we can set it up at a price where we know we have a good profit. The rallying of its price in the market is just going round and round and back and forth depending on our analysis of the coins that we trade.

[Uruhara]

What happened to Bonk is commonplace with other Meme Coins. All we need to do is wait for the right price to re-enter and then wait for the next increase which will usually also occur again. But determining this buying position is sometimes quite difficult in meme coins. Because sometimes prices fall and then rise again quickly.

About Meme Coins sometimes I always sell too early which makes me sometimes regret it. But as long as we make a profit then that's enough. Big or small it's not a big deal.

[Bobcrypto]

Yes,on the crypto market, any thing can happen, and the meme coin has no user case, traders tried to take advantage of the hype or big Cex listing to pump some of these meme coins and after some time they dump them. This just the case with Bonk and few others too

[Zed0X]

When Binance announced that it would list Bonk, I knew there and then that it peaked (or closed to it) and it's only a matter of days before it spirals down. I think any trader or investor who has been around the last cycle understands this behavior even if he/she isn't a pro. I guess those newbies that were caught and forced to hold are still lucky that it happened before halving. There's still a chance to break even later this year or early next.

[Uruhara]

When Binance announced that it would list Bonk, I knew there and then that it peaked (or closed to it) and it's only a matter of days before it spirals down. I think any trader or investor who has been around the last cycle understands this behavior even if he/she isn't a pro. I guess those newbies that were caught and forced to hold are still lucky that it happened before halving. There's still a chance to break even later this year or early next.

It is true that every Meme coin from any network when it starts to be listed on Binance, the rate of increase always reaches the highest rate of increase. Previously Pepe was the same way. And Bonk is the same. It's just that professionals always have instincts and estimates that are mature enough to know when is the right time to enter and when is the best time to exit. In contrast to beginners who are always in a hurry and panic and are afraid of missing out on the hype (FOMO). But yeah, in a bull run market after the bitcoin halving, price movements usually rise again and Meme coin usually follows at the end of the bull run. So the person holding Bonk still has a chance of being picked back up and could even make a good profit.

[Aanuoluwatofunmi]

Meme Coin Rollercoaster Ride — BONK’s Value Plummets Amidst Market Turbulence and Rising Contenders

While the meme coin phenomenon bonk (BONK) captivated users on the Solana network, the cryptocurrency recently witnessed a 41% decline over the preceding fortnight, accompanied by a 20.8% descent... See more for yourself here.

Your opinion is greatly appreciated.

If we are talking about Bonk, it's one of the crypto projects I've seen of recent that have made a powerful performance in rising and to my other surprise, am also seing this same crypto as one of those that have suffered loss as well, then I remember one thing that I well common and being said that they way they rises, that same direction they take in coming down, if we are investing on memecoins or memetokens then we have to be very careful not be able to make any slight mistake by any chance.