The post BONK Prepares For A Golden Cross appeared on BitcoinEthereumNews.com.

Meme coins faced a tough day today, yet small-cap token Kendu Inu stood out with strong weekly gains, capturing investor attention. Despite the broader market’s decline, these conditions still offer opportunities for users.  BeInCrypto highlights two meme coins for investors to watch as they show promising buy potential amid the downturn. Bonk (BONK) Launch Date – December 2022 Total Circulating Supply – 77.41 Trillion BONK Maximum Supply – 88.81 Trillion BONK Fully Diluted Valuation (FDV) – $1.67 Billion Contract Address – DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263 BONK price is down by 19% this week, currently trading at $0.00001893. Despite this decline, the 50-day EMA is approaching a crossover with the 200-day EMA, which could indicate a reversal in momentum. This technical pattern typically signals the potential for a rebound, provided the market conditions shift positively. The 50-day and 200-day EMA crossover, known as the Golden Cross, could trigger an uptrend for BONK. With the broader market showing bullish tendencies, this crossover could push BONK towards $0.00002285 or even higher. The combination of technical indicators and market sentiment strengthens the outlook for recovery. BONK Price Analysis. Source: TradingView However, if uncertain investors opt to sell early, it could put downward pressure on BONK’s price. A drop below the support of $0.00001779 would indicate bearish momentum, potentially sending the price down to $0.00001548. This would invalidate the optimistic scenario and undermine the potential for a rally. Popcat (POPCAT) Launch Date – December 2023 Total Circulating Supply – 979.97 Million POPCAT Maximum Supply – 979.97 Million POPCAT Fully Diluted Valuation (FDV) – $417.78 Million Contract Address – 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr POPCAT experienced a 25% drop this week, bringing its price down to $0.429. Despite this decline, it doesn’t signal the start of a longer-term bearish trend. Rather, the current price level may present a strong entry point for potential investors…

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Filed under: News - @ May 19, 2025 3:24 pm