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Bonk price has risen 5% in the last 24 hours to trade at $0.00001981 at 8:53 am EST.
Last 24H:$btc +4.81%$QUACK +10.11%$BONK +5.32%$SHIB +6.26%$TIA +15.57%$HEXAGONAL +10.81%$SOL +8.94%$BE +41.97%$FP +20.03%
Seamless Cross Chain crypto?src=hash&ref_src=twsrc%5Etfw”>#crypto Exchange with #QUACKex:https://t.co/84SBzrbnNM
No accounts, no KYC.
Are you looking for anonymity in your operations? Look no further. pic.twitter.com/XpchbME3Zh
—RichQuack (@RichQuack) December 19, 2023
However, despite today's rise, there is still no green light for Bonk's price trajectory. Looking at the 1-hour BONK/USDT charts, the relative strength The index indicator is heading south, showing bearish momentum on Bonk.
The MACD is also in the red zone, supporting this outlook. Both point to a drop in Bonk price in the near term as resistance is now felt at $0.000033.
However, the Bonk price is facing low volatility, as evidenced by the Bollinger bands, which are currently moving closer together.
This can be attributed to the decline in trading activities which has seen BONK's trading volume drop by 39% in the last 24 hours.
BONK/USDT 1-hour chart | Fountain: crypto%3ABTCUSD”>TradingView
However, despite the prospects of a price decline in the short term, Arthur Hayes, co-founder of BitMEX, believes that Bonk will switch to Shiba Inu.
Let's do the damn thing.$BONK > $SHIB
—Arthur Hayes (@CryptoHayes) December 17, 2023
Recent listings on Coinbase and binance They support Athur's notion, and more attention is expected in the coming weeks, although the $5 billion gap in their market caps is a huge gap to bridge.
Bonk (BONK) is now available https://t.co/CD3RBjtMAO And in the Coinbase apps for iOS and Android labeled Experimental. Coinbase customers can log in to buy, sell, convert, send, receive, or store these assets. https://t.co/676miKRrfh
– Coinbase Assets (@CoinbaseAssets) December 14, 2023
Meanwhile, as Bonk price risks correcting in the near term, bitcoin Minetrix token BTCMTX, currently in presale, offers prospects for explosive profits upon launch following the pre-sale success seen so far. The pre-sale has raised more than $5.5 million, demonstrating the enormous confidence of investors in the project.
For more information, check out our Bonk price prediction guide.
Bonk Price Prediction: Should You Invest in BTCMTX?
bitcoin Minetrix (BTCMTX) is making waves in the market, capturing attention with its innovative features. Ongoing pre-sale activities indicate strong interest from investors seeking innovative opportunities.
BTCMTX introduces a tokenized cloud mining platform, revolutionizing bitcoin mining by allowing users to stake BTCMTX on ethereum. Investors receive credits for mining bitcoin, making traditional bitcoin mining financially viable for the average person.
BTCMTX's decentralized approach prioritizes security, transparency and protection, simplifying the mining process. This revolutionary platform addresses accessibility, fraud, and questionable cloud mining practices.
Comparing the simplicity of #BitcoinMinetrix versus traditional cloud mining:#BTCMTX: Buy using $eth, $BNB, $USDT, or card.
Traditional cloud mining: Involves complex contractual processes. #CryptoMining #BTCMining pic.twitter.com/WltvcvQrg6
—Bitcoinminetrix (@bitcoinminetrix) November 23, 2023
Users only need an ethereum-compatible wallet like MetaMask to purchase and stake BTCMTX tokens to enter this ecosystem. The project features a low upfront cost, a user-friendly interface, and a secure onboarding process.
Purchasing tokens, opting in to buy and stake, and receiving bitcoin rewards are all seamlessly integrated.
Roadmap and future plans
BTCMTX has ambitious plans outlined in its roadmap, prioritizing public listings and a comprehensive multimedia marketing effort. The team aims for rapid growth, with collaborations with industry giants in cloud mining. The mine participation contract will be fundamental to these initiatives.
The next phase focuses on simultaneously implementing mobile and desktop staking dashboards for mining, bitcoin withdrawals to wallets, and conversion of mining credits to hash power. This strategic approach highlights the importance of the project in the expansion of the cryptocurrency sector.
bitcoin Minetrix is on its way to becoming a leader in the cryptocurrency community, challenging perceptions of bitcoin-centric tokens.
Its user-friendly approach to bitcoin mining positions it as a gateway for many to enter the bitcoin ecosystem, offering significant potential for the cryptocurrency industry in this crucial decade.
The BTCMTX token is priced at $0.0123, but a price increase will occur in less than three days. Token acquisition is flexible and allows transactions with credit card, eth, USDT or BNB.
The pre-sale and unique features of bitcoin Minetrix position it as a game changer. Potential participants are encouraged to stay informed as this initiative develops. So while Bonk's price is at risk of a correction, the new BTCMTX token could be your best investment alternative.
Visit bitcoin Minetrix here.
Related news
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 100% APY
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