BONK and WIF Pumping as Bitcoin Nears $110K, STARS Meme Coin Presale Nears $20 Million

As the worth of Bitcoin is getting nearer to a brand new milestone at $110,000, the favored meme cash dogwifhat (WIF) and Bonk (BONK) are performing positively.

Crypto bulls could also be aiming to recuperate a few of the territory they misplaced previously couple of weeks after the markets took a breather following a exceptional post-election rally.

Thus far this 12 months, WIF accumulates beneficial properties of 1,557% as meme cash have captured the curiosity and a spotlight of speculators and traders who see these property as far more than mere “web jokes”.

The facility of neighborhood, a way of belonging, and taking a stand on the “all-serious” monetary trade have been a few of the key drivers which have propelled the worth of meme cash to sudden heights.

BONK has jumped to the highest 100 cryptocurrencies on the earth this 12 months. Since 2024 began, this dog-themed digital asset has seen its worth practically double whereas its market capitalization may quickly cross the $3 billion mark.

In the meantime, a brand new meme coin Crypto All-Stars may very well be set to pump subsequent as its presale nears $20 million.

BONK and WIF Ship Double and Triple-Digit Good points in 2024

A handful of main listings have been the first trigger for dogwifhat’s exceptional efficiency this 12 months. In mid-November, Coinbase confirmed that it was bringing WIF, alongside different common meme cash, to its platform.

This meant that billions of {dollars} in buyer property could be quickly poured into this digital asset. Greater liquidity usually favors larger costs within the crypto house and this was not the exception.

Coinbase’s determination to listing WIF got here round 8 months after Binance went by means of this path. The liquidity that the worldwide crypto trade based by CZ delivered to the desk propelled the worth of the digital asset to its highest degree on report at $4.6 per token.

Nonetheless, regardless of the optimistic affect that Donald Trump’s victory has had on cryptocurrencies, WIF has not but posted a brand new all-time excessive. Bulls see this as clear proof that there’s nonetheless sufficient gasoline within the tank to propel dogwifhat to larger locations within the charts as quickly because the mud settles from this current pullback.

In the meantime, BONK has been persistently posting larger highs all year long and the tailwind supplied by Bitcoin’s surge to the $100,000 degree will seemingly profit its run. BONK supporters declare that the token may finally surpass the $4 billion market cap as soon as late patrons discover their option to the market.

BONK millionaire Unipcs, who managed to show a $16,000 funding on the token into roughly $18 million as of the start of October this 12 months, stated that merchants ought to keep away from being “underexposed” to this meme coin in the event that they consider that “this bull market nonetheless has legs”.

He agreed with a forecast from Bluntz – a widely known crypto analyst on X – who talked about that the current retracement that BONK skilled previously month may very well be opening up a “purchase the dip” alternative that will not come usually throughout a bullish cycle like this.

i seemingly received’t be as lively on X for the foreseeable future

(as a result of i’m not as motivated to maintain posting as steadily)

however i’ll say this:

1. Bluntz is true about BONK right here: and historical past has proven he isn’t one to fade!

2. many are grossly underprepared for a situation in… https://t.co/qHeefNbjzp

— Unipcs (aka ‘Bonk Man’) (@theunipcs) December 13, 2024

In response to Bluntz’ predictions, BONK could attain new all-time highs shortly after this transfer to take income stops.

Is STARS The Subsequent Meme Coin to Explode?

Whereas established meme cash are seeing development, a brand new undertaking is capturing the eye of 1000’s of crypto lovers.

Crypto All-Stars is a protocol that provides staking for the preferred meme cash within the house like PEPE and Shiba Inu (SHIB). The $STARS token enters the scene to reunite all of those meme cash, that are deposited right into a safe platform generally known as MemeVault, to supply staking rewards to holders.

The APR for this protocol at present stands at 155% and the $STARS token has already raised practically $20 million from early traders who’ve participated within the pre-sale. As soon as phrases get out that meme cash will begin to produce staking rewards to holders, chances are high that $STARS will expertise a surge.

The presale ends in lower than three days and the worth of every $STARS token is at present set at $0.0016782.

BONK and WIF began small and made their option to the highest of the ranks with the assistance of a rising neighborhood of followers and a sturdy base of die-hard early adopters. Nonetheless, they’ll’t provide rewards to holders apart from worth appreciation.

Crypto All-Stars involves fill that hole by providing traders the prospect to revenue from HODLing their beloved meme cash in a protected protocol that has been audited by the German blockchain safety agency SOLID Proof.

Go to Crypto All-Stars Presale

Disclaimer: The above article is sponsored content material; it’s written by a 3rd celebration. CryptoPotato doesn’t endorse or assume duty for the content material, promoting, merchandise, high quality, accuracy, or different supplies on this web page. Nothing in it ought to be construed as monetary recommendation. Readers are strongly suggested to confirm the data independently and thoroughly earlier than partaking with any firm or undertaking talked about and do their very own analysis. Investing in cryptocurrencies carries a danger of capital loss, and readers are additionally suggested to seek the advice of knowledgeable earlier than making any choices that will or is probably not based mostly on the above-sponsored content material.

Readers are additionally suggested to learn CryptoPotato’s full disclaimer.