DOGE and BONK Capture Market Attention with Contrasting Price Moves
Main Idea
Dogecoin (DOGE) surged due to optimism over potential ETF approvals for Solana and XRP, while BONK declined as investors took profits; Shiba Inu and Pepe also saw gains amid market factors like ETF expectations and technical patterns.
Key Points
1. Dogecoin (DOGE) rose 3.9% to $0.173, driven by ETF approval optimism for Solana and XRP, with its price testing the $0.174 Fibonacci resistance.
2. BONK dropped 7.2% to $0.000021 as investors took profits after a 46% weekly gain, with RSI nearing 70 and trading volume declining 45%.
3. Shiba Inu (SHIB) climbed to $0.0000131, supported by a positive MACD crossover and the burning of over 1 billion SHIB coins, reducing circulation.
4. Pepe (PEPE) rose to $0.0000102, fueled by a bull flag pattern and increased holdings by Ethereum's top 500 wallets by 5%.
5. Market factors include ETF expectations, technical formations, whale movements, and renewed interest in memecoins like SHIB and PEPE.
Description
Dogecoin rises 3.9% to $0.173 from ETF optimism. Shiba Inu breaks trendline; Pepe driven by bull flag formation. Continue Reading: DOGE and BONK Capture Market Attention with Contrasting Price Moves The post DOGE and BONK Capture Market Attention with Contrasting Price Moves appeared first on COINTURK NEWS .
Latest News
- Trade Tensions Ignite Market Dynamics2025-07-29 17:36:57
- Turkish Tech Company Embraces Cryptocurrency Reserves2025-07-29 16:51:00
- Disruptions Impact HYPE Coin as Market Remains Unstable2025-07-29 15:57:44
- 180 Life Sciences Boosts Its Value by Building Altcoin Reserve2025-07-29 15:41:25
- Fed’s Next Move Influences Bitcoin’s Fate2025-07-29 15:06:47