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Following the successive sales news, there was a decline in the cryptocurrency market. While support levels were lost in cryptocurrencies, especially Bitcoin and Ethereum, BONE became one of the prominent cryptocurrencies. Before starting the BONE analysis, let’s evaluate the data, especially the general market. According to CoinGecko data, Bitcoin, which has lost more than 7 percent in value in the last week, dropped to 59 thousand dollars yesterday evening. Following the developments, Bitcoin is currently continuing the day above 61 thousand dollars.
In addition to Bitcoin, Ethereum also suffered losses from the sales like Bitcoin. According to the data, ETH, which lost 1.4 percent in value in the last week, remained much more stable than Bitcoin. In addition to all these developments, BONE, which gained more than 2 percent in value in the last 24 hours, attracted attention.
BONE Price Analysis:
While the cryptocurrency market was experiencing the pains of the bull period, BONE attracted all the attention by rising 2.8 percent in the last 24 hours.
BONE, one of the cryptocurrency market memecoins, was not affected by the incoming sales wave and experienced an increase. However, there is still a falling trend in BONE. If it can break the $0.52 region, the intensity of the rise in BONE may increase.
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