The post Robinhood’s crypto futures launch set to boost DOGE, BONK, KANG appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Robinhood’s exploration of cryptocurrency futures trading is set to impact altcoins like Dogecoin, Bonk, and KangaMoon, potentially driving significant price surges. Robinhood has begun exploring the potential launch of cryptocurrency futures trading in the United States and European markets. While there is no official date yet as to when they will launch, this move has already begun to affect the altcoin space. Some of the altcoins that could potentially surge the most as a result include Dogecoin (DOGE), Bonk (BONK) and KangaMoon. To see why this is the case, we will go over their on-chart metrics individually. DOGE dips 5% but can recover fueled by market enthusiasm Dogecoin (DOGE) has experienced a price downtrend on the weekly chart, dipping by 5%. During this time-frame, the Dogecoin price did reach its highest level at $0.1274, however, its lowest point was at $0.1196.  Now, it needs to surpass the major $0.13 price barrier, which will fuel Dogecoin crypto growth in 2024 and beyond. As a result, sentiment is bullish, and according to the Dogecoin price prediction, it can end 2024 at $0.1643. Bonk rises 10% and can reach a new annual high Bonk (BONK) has surpassed expectations and has risen 10% on the two-week chart, fueled by enthusiasm on the future of memecoins. During the span of just the past week, the Bonk price moved up from a low point of $0.00002161 to a maximum price of $0.0000267, and at this rate, has the potential to see even further gains.  The Bonk crypto is also displaying bullish RSI and MACD data, both of which can fuel further growth. According to the Bonk price prediction, it can end the year at a…

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Filed under: News - @ July 6, 2024 9:14 pm