BONK and DOGE are among the notable cryptocurrencies. BONK is gaining momentum with new developments, while DOGE stands out with SpaceX’s mission.
Experts are evaluating the potential of cryptocurrencies currently trading below $1. Notably, Bonk (BONK) and Dogecoin (DOGE) are highlighted in these assessments. Understanding the factors that make these coins attractive is important.
Experts claim that the BONK token signals an upcoming rally. It garnered attention by reaching its all-time high after experiencing one of the best months of December 2023. However, it declined by over 51% to $0.0000150 after December 15. During the price correction, the token took steps towards a new rally.
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For instance, BONKmas rewards were launched on December 24, and the token celebrated its first anniversary on December 25. Additionally, BONK/INR trading commenced on December 26 on the WazirX exchange, and the BONK Perpetual Futures Contract was introduced on December 28 on Zeta Markets.
These developments lead experts to predict a significant upward movement for the BONK token. They anticipate that the price of BONK could surpass $0.0000300 in the coming months.
On December 11th, the price of Dogecoin (DOGE) reached its annual high, rising to $0.105. However, following this surge, a decline occurred. Dogecoin experienced an increase propelled by the overall market rally and the momentum gained from the 10th anniversary celebrated on December 6th. However, it subsequently faced a downturn, entering into consolidation.
On December 29th, the price of Dogecoin consolidated around $0.091, experiencing a 13.3% decrease. During this consolidation, there was growth around Dogecoin; for instance, Binance expanded Margin Trading options for DOGE on December 26th. Additionally, the DOGE-1 Mission planned to launch by SpaceX in January is considered a positive signal for Dogecoin.
The SpaceX mission is expected to commence on January 12th, and experts view this development as a positive sign for Dogecoin. With the impact of these developments, experts anticipate that Dogecoin could surpass $0.100 again in the coming months.
You can easily buy and sell Dogecoin and Bonk Token on global exchanges such as Binance, BitGet, Kucoin, Mexc, Huobi, and Gate.io. If you’d like to take advantage of a discount specifically designated for Coin Engineer followers, you can use our referral code by clicking on the exchange you want to register for.