2023 brought in a meme coin fever, as the humorous tokens took center stage in the crypto market. Pepe (PEPE) was a top crypto to buy, making quite the sensation with its launch and rise to fame. BONK reached popularity on the Solana blockchain in December, bringing significant traction to the network. Both meme coins are in decline at the moment. It’s Algotech (ALGT) to the rescue for profits this year. More on the new DeFi project in a bit.
TLDR
- Market volatility finally catches up with Solana’s BONK price.
- The Pepe coin, PEPE, slips back into bearish waters after a bullish week.
- Algotech (ALGT) begins presale Stage 1; ALGT tokens launch at $0.04.
The BONK Price Dips During the January Bearish Wave
BONK launched on Solana in December, profiting from the market-wide rally from the news and speculation surrounding Bitcoin’s ETFs. Like many meme coins, no one really expected the BONK price to stay afloat during the recent market dip. Surprisingly, BONK is retracing along with the top altcoins, as it is trading on 1.72% profits in the past week and is now valued at $0.00001119.
Although the BONK price is significantly below its all-time high of $0.00003500, the token has recently rebounded from its monthly low of $0.00001040. CoinGape predicts that if the bulls on the token can pull it past the resistances at $0.000018 and $0.000020, another all-time high could be on the cards for BONK price.
However, there is huge selling pressure on the BONK token at the moment, as investors are already on the lookout for the next best cryptos to buy in 2024.
Pepe Price: Is It Time To Move Past the 2023 Sensation?
Pepe (PEPE) rocked the crypto-verse in 2023 with a blazing run that saw the first buyers make over 150,000% in profits within only two months of launching. Since attaining its all-time high in May, Pepe price has been on and off–mostly off–but many investors seem to be holding out for a last dance with the meme coin, seeing as it broke past a key resistance last December.
The Pepe price now trades at $0.00000096 since the token couldn’t hold on to a profitable streak. Pepe (PEPE) started January 30 at $0.00000106 and went in a downward spiral from there, eventually settling at its current pricing. Pepe price rejections are an indication of the dominating bears in the market, and the bulls can only hope for another crypto rally to bring Pepe (PEPE) back up against its resistance levels.
Pepe (PEPE) coin is a long shot for profits this year, and there is a new crypto project looking to become one of the best new DeFi projects: Welcome Algotech (ALGT), the future of financial trading.
Algotech (ALGT) Presale Is Live; Join Now To Get Your ALGT Tokens
Finally, the DeFi sector is featuring a token that will bring algorithms for financial trading. Algotech (ALGT) is concerned with proffering innovative solutions for traders, enabling them to take more control of their trades and make fewer errors while picking and setting up trades. The algorithms are multiple sets of programs that serve different functions, easing the burden of manual trading.
The decentralized nature of the algorithms makes them more transparent to use compared with conventional trading tools. The entire financial market is your playground with Algotech (ALGT), as the algorithms are enabled to protect traders from even the worst of the market’s negative movements.
Enter a world of safe trading with Algotech (ALGT) today by joining the presale event. It has only just started, and the tokens sell for $0.04 for now. Analysts back the token to deliver 275% profits for its early buyers, and here is your chance to kick 2024 off with profits.
Your investments also make you eligible for a giveaway where the winner carts away Apple devices and two VIP tickets to Dubai to attend the Blockchain Life 2024 event. Get in the presale today and start winning with Algotech (ALGT).
Disclaimer: This is Sponsored Content. Coinfomania does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their research before taking any actions related to the company stated in the release.
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