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Bonk Rallies 30% In 1 Week: Should Dogecoin, Shiba Inu Be Afraid?
Bonk Rallies 30% In 1 Week: Should Dogecoin, Shiba Inu Be Afraid?

Yahoo

time18-07-2025

  • Business
  • Yahoo

Bonk Rallies 30% In 1 Week: Should Dogecoin, Shiba Inu Be Afraid?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bonk (CRYPTO: BONK) is up 30% over the past week, with multiple ETF filings and its low unit price stoking bullish sentiment among market Ticker Price Market Cap 7-Day Trend Bonk (CRYPTO: BONK) $0.00002874 $2.3 billion +29.4% Dogecoin (CRYPTO: DOGE) $0.1921 $28.8 billion +13.2% Shiba Inu (CRYPTO: SHIB) $0.00001306 $7.7 billion +10.9% Trader Notes: Crypto trader Degengambleeh described BONK as having graduated from meme coin status into a cultural movement. Rather than chasing hype, BONK is now expected to be a key driver of market momentum. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Osemka says BONK's recent price action was impulsive, an indication of strong bullish momentum. He expects the breakout zone between $0.000024 and $0.000026 to be retested soon. Given the heavy interaction with this range over the last year, he calls it a solid loading zone for traders seeking new trader Unipcs sees BONK's viral retail appeal and strong fundamentals as catalysts for an explosive rally. BONK is already listed on major retail and institutional platforms, giving it access to vast liquidity and creating a powerful growth flywheel. With its low unit price, it appeals to retail traders who dream of turning small bets into 'life-changing gains,' much like Shiba Inu during its parabolic bullish case is further supported by two ETF filings, which could soon provide institutional-grade exposure. According to Unipcs, a $10 billion market cap is not a question of if, but when. Statistics: Unipcs noted BONK's launchpad, BonkFun, maintained an average 67.2% market share over nine consecutive days. It generated an average of $1.2 million in daily fees, with 50% of that directed to buy-and-burn mechanisms. An additional 8% is allocated for Strategic BONK Reserves and BonkRewards, potentially driving annualized revenue of $439 million. Coinglass data also showed a 13% rise in open interest and derivatives volume, reinforcing the growing market engagement with BONK. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Bonk Rallies 30% In 1 Week: Should Dogecoin, Shiba Inu Be Afraid? originally appeared on

Token That's Literally USELESS Is Crypto's Latest Meme Cult
Token That's Literally USELESS Is Crypto's Latest Meme Cult

Yahoo

time19-06-2025

  • Business
  • Yahoo

Token That's Literally USELESS Is Crypto's Latest Meme Cult

Crypto's newest memecoin cult is embracing the 'useless' narrative given to joke tokens, making it a play that reached a $100 million valuation in recent days. The aptly-named USELESS coin has embraced that narrative and turned it into a rallying cry. The official website mocks the space it inhabits, and people are doing exactly that. 'USELESS coin is the greatest memecoin narrative to emerge from the trenches this year,' said Unipcs, one of its biggest backers, in a Telegram chat with CoinDesk. 'Every memecoin is technically useless... yet here we are, with one actually called USELESS leading the pack.' As far as skeptics and critics are concerned, all of crypto is useless. USELESS coin taps into that irony to position itself as the ultimate memecoin: the one truly useless coin that derives value solely from what its cult followers give it. Unlike Dogecoin, Shiba Inu, pepe (PEPE), or mog (MOG), USELESS has no animal or well-known mascot and just features a community-built golden coin logo with a chiseled 'U.' Nowhere is the apparent mockery clearer than in the wallet of Unipcs, who is best known for turning $16,000 into more than $20 million by betting on BONK-tracked futures. He aped in the token in its early trading days, dropping $382,000 on 28 million tokens or roughly 2.8% of supply. That bet has ballooned to over $2.3 million (at peak), and he hasn't sold a cent. To normies, USELESS looks like yet another reason to hate crypto. But to memecoin maxis, it's the most honest thing onchain. 'Every memecoin is technically useless, yet many sit at multi-billion-dollar valuations: cogecoin at $26 billion, shiba inu at $7 billion, PEPE at $4.4 billion, and so on,' Unipcs said. 'That makes USELESS coin incredibly undervalued at its current market cap—because all it takes is anchoring it to the valuation of these other 'useless' memecoins.' In a flat market, where most tokens promise the moon and deliver a tweet, USELESS has found its niche: no promises, no pretenses — just a meme that's worth millions. 'The higher it climbs, the more absurd it becomes, the more attention it draws, and the stronger the flywheel effect that pushes it even higher,' Unipcs added. And right now, that absurdity is worth nearly $90 million. Sign in to access your portfolio

Fartcoin Nets Trader $7 Million In Unrealized Gains, But He Refuses To Cash Out: 'It Is Priming For THE Move'
Fartcoin Nets Trader $7 Million In Unrealized Gains, But He Refuses To Cash Out: 'It Is Priming For THE Move'

Yahoo

time16-05-2025

  • Business
  • Yahoo

Fartcoin Nets Trader $7 Million In Unrealized Gains, But He Refuses To Cash Out: 'It Is Priming For THE Move'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Fartcoin (CRYPTO: FARTCOIN) has surged 57% over the past month, drawing traders' attention, who predict the run to continue. What Happened: In an X post on May 13, prominent trader Unipcs gave his first update in three weeks, revealing that his long Fartcoin position has grown to $7.1 million, up $2 million since mid-April. Despite major accounts calling for a tos, he's stayed the course. Generational wealth comes not from entries, he said, but from holding through fear and volatility. He emphasized the importance of conviction, especially when tested by noise and short-term sentiment. Don't Miss: Trade crypto futures on Plus500 with up to $200 in bonuses — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – unlock the power of alternative investments including a Crypto IRA within your retirement account. Unipcs says Fartcoin's current setup looks "explosive across multiple timeframes" and believes a breakout beyond previous all-time highs is only a matter of time. "I'll continue holding my long," he affirmed. Fartcoin continues to outperform major meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), drawing new capital and speculation. As it hovers near critical technical levels, all eyes are on whether it can maintain momentum and deliver the next leg up. What's Next: Crypto trader Ameba sees a high-probability setup: "If Fartcoin flips the Monday Range, this could turn into a full macro swing." He recommends zooming out, noting the broader structure looks ready to break higher. Another trader has doubled down on his position, stating the coin is currently testing a key support/resistance flip, which could send it beyond $2 if it Capital says Fartcoin's short-term setups are some of the best in any altcoin right now, adding that even average traders can profit handsomely just by playing this one coin. Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock Send To MSN: Send to MSN This article Fartcoin Nets Trader $7 Million In Unrealized Gains, But He Refuses To Cash Out: 'It Is Priming For THE Move' originally appeared on

Crypto Analyst Says This Meme Coin Is ‘Incredibly Undervalued' – It's Not Dogecoin Or Shiba Inu
Crypto Analyst Says This Meme Coin Is ‘Incredibly Undervalued' – It's Not Dogecoin Or Shiba Inu

Business Mayor

time24-04-2025

  • Business
  • Business Mayor

Crypto Analyst Says This Meme Coin Is ‘Incredibly Undervalued' – It's Not Dogecoin Or Shiba Inu

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As the crypto market recovers and meme coins seem to be making a comeback, investors are looking to other options besides Dogecoin and Shiba Inu with the potential to make a major run this cycle. One crypto trader that has continued to make waves on social media for his meme coin conviction is Unipcs, also known as 'The Bonk Guy.' The most recent conviction trade posted by the trader is FLOKI, a meme coin that he sees outpacing the likes of Dogecoin and Shiba Inu. Following The Footsteps Of Dogecoin And Shiba Inu In the X (formerly Twitter) post, the crypto trader explained the reason why they are still bullish on FLOKI as compared to Dogecoin and Shiba Inu. For one, the meme coin has followed the footsteps of Dogecoin and Shiba Inu to become one of the few meme coins that have provably survived beyond a bull cycle. But not only this, FLOKI had gone on to make a new all-time high this time around, something not even Dogecoin or Shiba Inu had managed. Furthermore, the trader pointed out that the FLOKI price is currently down 80% from its all-time high. This means that there is a higher chance of the price recovery and providing returns. In addition, FLOKI is the 'biggest and most popular memecoin on BNB chain.' This led the meme coin cycle of the last bull market, and the blockchain seems to be making a comeback as traders flock back for possible meme coin gains. Read More What to expect as ATOM weakens further The FLOKI meme coin has also scored listings on all of the major crypto exchanges in the industry, ranging from Binance to Coinbase and Robinhood EU, among others. This makes it an easily accessible meme coin for even inexperienced crypto traders. Source: X Another major factor that could drive attention and a recovery for the meme coin is the fact that a FLOKI ETP is expected to be listed on Switzerland's SIX Swiss Exchange, which is the third-largest stock exchange in Europe. This was announced back in January 2025 after a unanimous vote in the FLOKI DAO to allocate tokens for the listing. Finally, the crypto trader attributes the aggressive mainstream marketing strategy that the team has adopted to make it a recognizable and appealing crypto brand for new crypto investors. Thus, he expects FLOKI to start picking up as crypto moves into the mainstream. 'IF we get an explosive memecoin season, i have a high degree of confidence that floki will be one of the top performers,' Unipcs said. FLOKI price follows market drawdown | Source: FLOKUSDT on Featured image from Dall.E, chart from

Millionaire Crypto Trader Reacts To Bitcoin Mega-Crash: 'You Have Only One Job Here: Survive'
Millionaire Crypto Trader Reacts To Bitcoin Mega-Crash: 'You Have Only One Job Here: Survive'

Yahoo

time08-04-2025

  • Business
  • Yahoo

Millionaire Crypto Trader Reacts To Bitcoin Mega-Crash: 'You Have Only One Job Here: Survive'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Following Bitcoin's (CRYPTO: BTC) fall of over 7% on Monday morning, prominent millionaire cryptocurrency trader Unipcs has urged his followers not to panic or exit positions at these levels, despite the widespread fear driven by geopolitical and economic tensions. What Happened: The trader took to X on Monday to acknowledge that fear is running high, but emphasized that the current market isn't as bleak as the COVID crash, which was followed by one of the strongest bull runs in history. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. Assets like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) soared to massive valuations during that period. According to Unipcs, the worse it gets, the more likely stimulus returns, which could spark a violent reversal. 'You have only one job here: survive,' the trader urged. Prominent analyst Capo of Crypto echoed the sentiment with a "holding, waiting, observing" approach, noting that the market has reached extreme oversold and panic levels. Prices, he says, are approaching support zones. He warned that selling here could be a major misstep: "It's usually when things look the worst that bottoms are made."What's Next: As imminent reciprocal tariffs continuesto rattle global markets, the total cryptocurrency market cap has plunged from over $3 trillion to $2.4 trillion, a 9% drop, according to CoinMarketCap. Liquidations in the past 24 hours have totaled $1.42 billion, with $1.2 billion coming from long positions. More Crypto Online noted that Bitcoin's current structure is playing out as expected. Critical resistance is seen between $77,600 and $81,200, while key support lies at $75,300 and along the $73,000 Next: This platform is reshaping how you invest in private companies — . If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock Send To MSN: Send to MSN This article Millionaire Crypto Trader Reacts To Bitcoin Mega-Crash: 'You Have Only One Job Here: Survive' originally appeared on Sign in to access your portfolio

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