Bonk prepares for the golden cross

Meme coins faced a tough day today, but the small cap token Kendu Dog brought strong profits every week and attracted investors’ attention. Despite the wider market decline, these terms still offer opportunities for users.

Beincrypto emphasizes watching two meme coins to show investors showing potential for promising buy amid the recession.

bonk (bonk)

Release date – December 2022 Total circulation supply – 77.41 trillion max supply – 88.81 trillion bonk complete dilution rating (FDV) – $1.670 million contract address – DEZXAZ8Z7PNRNRJJZ3WXBORGIXCA6XJNB7YAB1PPB263263

Bonk Price is down 19% this week and is 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 of momentum. This technical pattern usually indicates the possibility of rebounding if market conditions change positively.

The 50-day and 200-day EMA crossover known as Golden Cross can cause an uptrend in Bonk. As the broader market shows bullish trends, this crossover could push the bonk to more than $0.00002285. The combination of technical indicators and market sentiment strengthens the recovery prospects.

However, if uncertain investors choose to sell early, they could put downward pressure on Bonk’s prices. A drop below the $0.00001779 support shows whiskers momentum and could lower the price to $0.00001548. This will invalidate the optimistic scenario and undermine the possibility of a gathering.

Pop Cat (Pop Cat)

Release Date – December 2023 Total Circulation Supply – 979.997 Million Pop Cat Max Supply – 979.997 Million Pop Cat Complete Dilution Evaluation (FDV) – $417.78 Million Contract Address – 7GCIHGDB8FE6KNJN2MYTKZZCRJQY3T9GHDC8UHMW2HRR

Popcat fell 25% this week, cutting the price to $0.429. Despite this decline, it does not indicate the onset of a long-term bearish trend. Rather, current price levels could present a strong entry point to potential investors looking to capitalise on rebounds.

Signs of continuous growth are seen, while clouds of clouds are placed under candlesticks, showing bullish momentum. This technical pattern suggests that Popcat can regain $0.495 in support and set the stage for even higher prices. Market conditions seem to be favorable for the coin’s continuous upward trajectory.

However, if PopCat cannot maintain support at $0.416, the price could drop to $0.342. A break below this level can negate bullish outlook and lead to greater losses. This negative side risk underscores the importance of monitoring key support levels.

Small Cap Corner – Kenduin (Kendu)

Release date – June 2024 Total circulation supply – 99.189 billion Kendu Max Supply – 1 trillion Kendu Complete Dilution Evaluation (FDV) – $33.37 million contract address – 0xAA95F26E30001251FB905D264AA7B00EE9DF6C18

Kendu emerged this week as one of the best performing meme coins, earning 99%, but the rise has slowed over the past 24 hours. Holderscan data shows that over 68% of Kendu holders own tokens of $10 or more, indicating strong holder trust in the future potential of the token.

If Kendu could secure $0.00003063 in support, it could potentially take advantage of broader market clues to push $0.00004246, potentially reaching 0.00005042.

However, if sales pressure overwhelms bullish emotions and overwhelms it could drop below $0.00003063, it could drop to $0.00001919. Such a move negates the bullish outlook and shows the potential for further downsides for Kendu.