In a cryptocurrency landscape where many meme coins have witnessed their gains erased, BONK stands out as a beacon of strength and potential growth. Currently trading at $0.000024, BONK exhibits bullish momentum that may signal an imminent price surge. As investors seek opportunities amidst market volatility, BONK’s resilience is drawing attention from crypto enthusiasts and traders alike.
Technical Indicators Signal A Bullish Outlook
The Awesome Oscillator (AO), a critical momentum indicator, supports a bullish sentiment for BONK. This indicator evaluates recent price movements against historical trends, utilizing a zero-line signal to gauge market momentum. When the AO reading is above the zero line, it indicates bullish momentum, while readings below suggest bearish trends.
Currently, BONK’s AO is situated above the zero line, showcasing strong bullish momentum. This suggests that the recent sideways price movement may be poised to transition into a significant upswing. Coupled with this, the Bull Bear Power (BBP) indicator further reinforces the positive outlook. The BBP measures the strength of buyers (bulls) versus sellers (bears). A positive BBP indicates bullish control, which is vital for any potential price increase.
Price Action and Resistance Levels
Analyzing BONK’s daily chart reveals that the price is approaching a critical resistance level near $0.000026. If BONK manages to overcome this barrier, the short-term target could escalate to $0.000030. This bullish trajectory hinges on the ability of buyers to maintain momentum and fend off bearish pressure that could pull the price back to $0.000021.
Should buying pressure intensify, BONK’s price may rally further toward $0.000035. However, a decline in buying activity could invalidate this optimistic forecast, leading to a potential downturn.
Market Sentiment and Future Prospects
The current market sentiment surrounding BONK is notably positive, with many investors optimistic about its short-term potential. As it defies the prevailing trend among meme coins, BONK is capturing the attention of both seasoned traders and newcomers to the crypto space.
With bullish indicators signaling upward movement and key resistance levels being tested, BONK’s price trajectory could shift significantly in the coming days. Investors are advised to stay vigilant and monitor market developments closely, as the dynamics of the cryptocurrency market can change rapidly.
In conclusion, while uncertainty looms over many meme coins, BONK appears to be forging its path. As it approaches critical resistance levels, the potential for further gains remains strong, making it a coin to watch in the evolving crypto landscape. As always, prospective investors should conduct thorough research and consider their risk tolerance before diving into the volatile world of meme coins.
The crypto market has experienced a volatile start to Q2, with many tokens posting significant surges in recent days. Meme coins, in particular, have seen a resurgence, with older tokens gaining traction and newer ones attracting attention.
BeInCrypto has analyzed five meme coins for investors to watch in the coming month and their potential for further growth.
Turbo (TURBO)
TURBO has shown impressive momentum, gaining more than 191% in the past two weeks, now priced at $0.004313. The altcoin is testing key resistance at $0.004842. As one of the best performing meme coins this month, it continues to attract attention from investors, signaling strong potential for future gains.
This surge has provided relief to investors impacted by the February Death Cross. With TURBO standing at a near three-month high, the outlook remains positive if the broader market trends support further growth. A breakout above the resistance could propel TURBO towards the target of $0.006857, offering additional upside.
Failure to breach $0.004842 could lead to a reversal in the trend. A drop below this resistance would likely see TURBO testing the support level at $0.003304. This would invalidate the bullish scenario and potentially erase much of the recent price increase.
Neiro Ethereum (NEIRO)
NEIRO has experienced a notable resurgence, surging by 256% this week alone. Currently trading at $0.0661, the meme coin is at a four-month high. As NEIRO looks to break the $0.0715 resistance, it could see continued upward momentum if broader market conditions remain favorable.
The potential for NEIRO to breach $0.0715 is strong, with the broader market showing bullish trends as Bitcoin approaches $100,000. This could provide the necessary momentum to push NEIRO towards the $0.0845 resistance. A successful test of this level would solidify recent gains and set the stage for a move to $0.1000.
A failure to break through $0.0715 would likely send NEIRO into a bearish correction. In this scenario, the price could fall through key support at $0.0568, possibly testing $0.0446. This would invalidate the current bullish outlook, highlighting the importance of breaking resistance for continued growth.
Brett (BRETT)
BRETT has shown remarkable growth, up 120% over the past two weeks, trading at $0.054. This surge marks a near-three-month high for the meme coin, driven by a shift in market conditions. The rally suggests strong investor sentiment, fueled by the growing interest in Base meme coins.
As the market shifts, BRETT has captured attention, making it one of the more promising altcoins in its category.
With continued momentum, BRETT could break through the $0.058 resistance level, opening the door to further gains. A move toward $0.072 is plausible, especially as hype surrounding Base meme coins intensifies.
This meme coin also reignites the Solana vs. Base meme coin discourse; however, Alvin Kan, COO at Bitget Wallet, told BeInCrypto that this may not be the case.
“Solana still leads. It’s fast, cheap, and has an army of degens ready to mint and trade anything viral. Base is growing, and Coinbase might help push it further, but it hasn’t built the same retail energy yet. As for AI meme coins—they’re interesting, but still feel like a niche inside a niche. For now, Solana memes dominate the meme meta.”
However, a correction could follow if BRETT fails to breach $0.058. The price might drop through the $0.052 support, potentially reaching as low as $0.042. This decline would invalidate the bullish outlook, signaling a shift in market sentiment. Without sustained support above $0.058, the upward momentum may be short-lived, and bearish conditions could prevail.
Official Trump (TRUMP)
TRUMP has captured investor attention, surging 60% this week to trade at $12.14. The meme coin has reignited interest, driven by market speculation. Its rise comes amid increasing excitement around politically fueled volatility, making it a popular pick for traders looking to capitalize on unpredictable market swings.
Although TRUMP failed to secure $12.57 as a support level, the possibility of achieving this level in the coming weeks remains strong. The US President’s influence on market movements, driven by unexpected announcements, could provide the catalyst needed for TRUMP to rise further, potentially reaching $14.53 as it follows broader financial trends.
Failure to hold $12.57 as support could signal a reversal. In this case, TRUMP may see its price drop to $11.44 or $10.29, undermining the current bullish outlook. This scenario would invalidate the positive momentum, with investors needing to monitor key levels for potential price shifts closely.
Pudgy Penguins (PENGU)
PENGU has experienced significant volatility since January, with massive drawdowns following early interest. However, the meme coin has rebounded sharply, gaining 118% over the past two weeks. This recovery has caught the attention of investors, reigniting hopes for further growth and renewed momentum in the altcoin’s price.
Currently trading at $0.00846, PENGU is nearing key resistance at $0.01007. If the meme coin can maintain its bullish momentum, it presents a promising opportunity for investors. A successful break above this level could attract additional buyers, further driving its price and expanding the interest in this resurgent meme coin.
Failing to breach $0.01007 would likely result in a price decline, with support potentially falling to $0.00718. This would erode recent gains and invalidate the bullish outlook, with a further drop to $0.00549.
BloFin, the leading futures trading exchange, made a bold statement as the Title Sponsor at TOKEN2049 Dubai 2025, marking its third consecutive year of sponsorship.
At this year’s TOKEN2049, BloFin joins top exchanges including OKX, Binance, and KuCoin as a Title Sponsor, marking another milestone in its global expansion and industry recognition. From a Platinum Sponsor last year to a Title Sponsor this year, BloFin’s elevation in status reflects the brand’s growing ambition and commitment to the cryptocurrency industry. The company has also made significant strides in its offerings, showcasing multiple brand advancements, including launching sub-accounts, achieving ISO 27001 certification, and becoming the fourth exchange in the industry to complete the Unified Trading Account feature.
BloFin’s presence was prominent throughout the venue, from the entrance and exclusive registration counter to the welcome bags and key areas across the event space. The team engaged with industry leaders, partners, traders, and KOLs, fostering insightful conversations and building meaningful relationships to drive future crypto growth.
Finny Takes the Spotlight: BloFin’s Mascot Shines as the Star of TOKEN2049
A standout moment at TOKEN2049 was the official debut of Finny, BloFin’s newly unveiled mascot. Designed as a meme-worthy space whale, Finny quickly became a crowd favorite and a visual symbol of BloFin’s unique brand identity. Finny symbolized BloFin’s commitment to protecting whales and embodied the brand’s aspirations to the moon. With its captivating design, Finny became the event’s most talked-about character, further solidifying BloFin’s connection with the crypto community.
The First-ever Whale’s Rave: Arcadia Side Event of TOKEN2049 Concludes Successfully, Marking the Beginning of Exciting Collaborations with Luke Belmar
The Whale’s Rave: Arcadia event, presented by BloFin, quickly became the most talked-about side event of TOKEN2049 Dubai 2025, drawing nearly 1,000 attendees worldwide. This year also marked a historic collaboration between BloFin and renowned crypto investor Luke Belmar, taking the event to its peak and pushing its excitement to new heights.
Whale’s Rave: Arcadia was this exclusive event’s first edition, leaving an indelible mark on every attendee. The event redefined what crypto industry gatherings could look like, featuring premium whale-tier merchandise, an exclusive Whale’s Club-only gift, and the debut of BloFin’s beloved mascot Finny. BloFin also showcased a series of brand-defining performances, further solidifying the brand’s position as an innovator within the space.
In line with its continued growth, BloFin unveiled its all-new 2025 merchandise collection, designed exclusively for the crypto elite. The collection features eight unique items, including the coveted BloFin Top Whales Necklace and Ring Bundle, Whale’s Trading Journal, Gym Bag, Finny T-shirts, and exclusive Whale Club-only merchandise for VIP traders.
“We are incredibly excited about the success of the first-ever Whale’s Rave,” said Matt, CEO of BloFin. “It was an unforgettable moment to celebrate with our global community and partners. We were also pleased to share major product updates, including our Unified Trading Account, Sub-Account features, and the upcoming BloFin Card. We look forward to seeing everyone again in Singapore.” “It was the most fun and craziest party of the week!” as described by BeInCrypto and CoinTelegraph.
As the flames of the event burned bright, BloFin remains focused on its mission to create unforgettable experiences for its community and build a future where Whales Are Made.
With sights set on TOKEN2049 Singapore, BloFin is preparing to elevate its presence further, headlined by a large-scale, thousand-person celebration and deeper engagement with industry leaders. As BloFin expands its global reach and solidifies its role at the forefront of digital finance, the world can anticipate the next bold chapter from the brand that continues to prove: this is where whales are made.
BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website.
Ethereum ETFs have closed yet another week in the red, recording net outflows amid continued investor hesitation.
Notably, there has been no single week of net inflows since the end of February, highlighting waning institutional interest in ETH-related products.
Ethereum ETFs Face Steady Outflows
Ethereum-backed ETFs have recorded their seventh consecutive week of net outflows, highlighting sustained institutional hesitance toward the asset.
This week alone, net outflows from spot ETH ETFs totaled $82.47 million, marking a 39% surge from the $49 million recorded in outflows the previous week.
Total Ethereum Spot ETF Net Inflow. Source: SosoValue
With the steady decline in institutional presence in the ETH market, the selling pressure on the coin has soared.
Over the past week, ETH’s price has declined by 11%. The steady outflows from the funds backed by the coin suggest that the downward momentum may persist, increasing the likelihood of a price drop below the $1,500 mark.
On the price chart, technical indicators remain bearish, confirming the mounting pressure from the selling side of the market. For example, at press time, readings from ETH’s Directional Movement Index (DMI) show its positive directional index (+DI) resting below the negative directional index (-DI).
The DMI indicator measures the strength of an asset’s price trend. It consists of two lines: the +DI, which represents upward price movement, and the -DI, which represents downward price movement.
As with ETH, when the +DI rests below the -DI, the market is in a bearish trend, with downward price movement dominating the market sentiment.
Ethereum’s Price Could Drop Below $1,500
The lack of institutional capital could delay any significant rebound in ETH price, further dampening short-term prospects for recovery. If demand leans further, ETH could break out of its narrow range and follow a downward trend.
The altcoin could fall below $1,500 in this scenario to reach $1,395.
