PEPE and BONK Start Their Way To The Moon?! Will Other Meme Coins Follow? The Impact Of Ethereum ETF

Jack R. Mitchell

The rise in popularity of PEPE and BONK, along with the introduction of an Ethereum-based exchange-traded fund (ETF), could signal a significant shift for similar cryptocurrencies.

Dog on the boat

As the bull market of 2024 unfolds, the trajectory of these tokens has caught the attention of investors. The question arises whether this trend will be a beacon for other meme coins to follow. This article explores the potential ripple effects and what might be in store for the broader market.

BlastUP Presale Hits $6 Million, Investors Hurry to Buy $BLP Before May Ends

The ongoing BlastUP presale is close to completion, as it has already passed the important threshold: over $6 million have been raised so far. More than 15,000 savvy investors have already bought BlastUP tokens before their value skyrockets.

The presale runs until the end of May, so there is some time to boost your crypto holdings with BlastUP, the asset poised for explosive returns of up to 1000%. Currently sold at a few US cents, BlastUP tokens are projected to reach $10 by the end of this year.

Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.

>> Time is Ticking –  Buy $BLP Before May Ends! <<

Understanding Pepe Coin’s Recent Price Activity

Pepe (PEPE) coin is seeing a lot of buyer interest with its price soaring up. In the past week, it climbed by 31.98% and an impressive 134.75% in the last month. Looking back six months, the jump is even bigger at 1215.99%. The coin is trading between $0.00000777 and $0.00001107 right now. The movement shows a strong trend which suggests prices might keep rising to the next resistance level at $0.00001298. If it doesn’t hold at the current levels, it could drop to the support at $0.00000638. The indicators like RSI and Stochastic are high, hinting that PEPE is favored right now.

Bonk Cryptocurrency Strides Forward Amid Volatility

Bonk (BONK) has been on the move, with its price bouncing between $0.00002 and $0.00003. The coin has resisted going above $0.00003 but also has support to not drop below $0.00002. In one week, Bonk’s price jumped 41.75%, and in a month, it rose 55.83%. Looking back six months, the coin has surged an impressive 661.76%. Currently showing a balanced Relative Strength Index of 56.96, and a middle-of-the-road Stochastic value, Bonk could be in a phase of consolidation, with potential to push towards its second resistance at $0.00004 or retreat to its second support level at $0.00001.

Dogwifhat (WIF) Price Sees Strong 6-Month Growth

The Dogwifhat coin, currently trading between $2.18 and $3.12, has shown a significant increase over the past 6 months, jumping by 120.43%. Despite a small drop of 2.71% this month, the coin maintains a positive trend as its price moves above the 10-day and 100-day averages, suggesting stability. With the RSI at 56.29, the coin isn’t overbought, leaving room for potential growth. The nearest resistance at $3.71 might be tested if the coin continues its upward movement.

Conclusion

PEPE, BONK, and WIF have gained attention but they may not have strong short-term growth. It’s BlastUP that stands out with exceptional potential. The project’s innovative concept and integration within the Blast ecosystem position it for success. Investors looking at the burgeoning bull run should note BlastUP’s promising outlook.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. 

The information on this page does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained herein.

 

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