The post Is It Time To Hold Or Sell Bonk And Toncoin As New Altcoin Raboo Set To Dominate? appeared on BitcoinEthereumNews.com.

The market value of both BONK and Toncoin is reportedly found at critical levels, which has left investors uncertain about whether to buy or sell their respective tokens. Amid this uncertainty, a new DeFi crypto named Raboo ($RABT) has risen, and investors are looking forward to it dominating both Web 2 and Web3 with the best kinds of memes as it utilizes its incredible AI-powered and Social-Fi features. Currently a presale token, Raboo is already setting the tone for dominating the meme ecosystem and investors are now more interested in it over other altcoins like Bonk and Toncoin BONK tests key resistance: Is a bullish trend imminent? Bonk (BONK) in the crypto market had a tough week, having declined 10% within the past seven days. However, there are signs that BONK might be turning things around. The 12-hour chart, as shown by the blockchain news platform AMBCrypto, indicates that Bonk’s price broke above the $0.0000277 resistance level, which is a positive sign. Bonk also set a higher low at $0.0000282, which has not been breached yet. BONK’s price breaking below the $0.0000282 level would be a bearish signal, indicating a potential reversal in the market trend. However, the prices have actually climbed higher from this support level. Despite the recent drop, is Toncoin’s long-term potential intact?  Toncoin performed very well during the recent general market pullback. However, as soon as most digital assets recovered and went back up, Toncoin quickly lost most of its momentum, dropping below $7 and even below 50 EMA support level- an important support level. Despite its recent performance, some investors see Toncoin as a potential hedge or safe haven against the broader crypto market. This is largely due to Toncoin’s integration with Telegram – a widely used social media platform. This integration gives Toncoin access…

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Filed under: News - @ July 30, 2024 10:16 am