China News Today TheBitTimes.com

The Bonk price surged 9% in the last 24 hours, to trade at $0.00004612 as of 07:48 p.m. EST on trading volume that skyrocketed 69% to $942 million, according to Coingecko Bonk Price Gearing Up Towards A Sustained Bullish Trend Reversal The Bonk price is currently on a slight correction after a significant rally in November. The bulls continue to capitalize on the $0.00002090 support level to maintain the price of Bonk above both the 50-day and 200-day Simple Moving Averages (SMAs). After the surge, BONK is now trading within the boundaries of a falling channel pattern, but with the prospects of a breakout, as the Bonk price now touches the upper boundary of the channel. The current Relative Strength Index (RSI) value is 57.20, which is in the neutral-to-bullish zone. This indicates that the price has room to rise further before entering overbought territory. A recent upward shift in RSI reflects a recovery in momentum after the consolidation on the 12-hour timeframe. Meanwhile, t...

The Flockerz ($FLOCK) fundraising campaign continues to gain momentum, with its presale funds now exceeding $1.3 million. The new meme coin is rallying support to launch the industry’s first vote-to-earn (V2E) mechanism, where the community’s voice is rewarded for steering the project’s direction. Flockerz is setting a new standard for meme coins with this innovative incentive model, and its timing couldn’t be better.  As the meme coin market prepares for a new peak in 2024, with projections suggesting the number of tokens could reach millions by 2025 – driven mainly by the rise of meme coin launchpads this year – Flockerz is giving investors something to consider in newer projects if they can match its decentralized approach to governance. Flockerz’s V2E mechanism earns it the “People’s Meme Coin” title, as, unlike other meme coins, it is governed completely by its community – its flock....