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The Ponke (PONKE) price skyrocketed by 48% in the past 24 hours to trade at $0.3457 as of 4:50 a.m. EST.
The token’s surge, which some analysts compare to the trajectory of Dogwifhat (WIF), has seen it reach a market cap of over $150 million.
$PONKE up another 23% 🥳 today insane 124% this week.
Ponke is leaving the Atmosphere now. I was the first one comparing Ponke to $WIF chart here on CT.Both are on $SOL and both has massive hype. Good liquidity pools and volume. Ponke has a hard working crew and strong… https://t.co/IY1GNhv4x0 pic.twitter.com/RXECUHxbNR
— Seth (@seth_fin) May 18, 2024
Ponke Price Prediction: Where is PONKE Headed Next?
Looking at an in-depth analysis of Ponke price charts, we see that the price is trading above the Ichimoku Cloud, indicating a bullish trend. The conversion line (blue) is above the baseline (red), which is another bullish signal. The lagging span (green) is also above the price, further confirming the bullish trend. The cloud ahead is bullish (green), suggesting potential continuation of the upward momentum.
Looking at other indicators, we see the MACD (Moving Average Convergence Divergence) line (blue) is above the signal line (orange), which is a bullish indicator. The histogram shows positive values, indicating that the bullish momentum is currently strong. The gap between the MACD line and the signal line is widening, which often signifies increasing bullish momentum.
On the other hand, the ADX (Average Directional Index) value is 56.10, which indicates a very strong trend. Generally, an ADX value above 25 suggests a strong trend, and values above 50 signify a very strong trend. In this case, the high ADX value supports the strength of the current bullish trend.
Meanwhile, as the Ponke price booms, traders are swarming to the new Solana meme coin presale Sealana (SEAL) as it roars past $1.6 million in funds raised in its presale.
Within the first two weeks of the altcoin’s presale, meme coin aficionados bought $500k worth of SEAL, demonstrating the overwhelming enthusiasm for the project.
Riding Solana’s Meme Coin Mania Wave
The last few months have seen a huge surge in the popularity of Solana meme coins. Investors have raced to purchase recently minted cryptocurrencies as the ecosystem thrives with parabolic successes like WIF, SLERF, and BONK,
Inspired by Gamer Guy from South Park, Sealana is a meme coin with a mammal theme that aims to capitalize on this surge of interest.
#Sealana‘s throwing a raging frat party for the OG $SEAL Alphas as the #Presale cruises towards the $1m mark. 🦭🚀
The bros are there, the beers are cold, and the babes are en route.🇺🇸🍻
Missed the invite?📩 Looks like you haven’t bagged enough $SEAL to make the cut.💰 Join the… pic.twitter.com/riLSZCqfkB
— Sealana (@Sealana_Token) May 13, 2024
Canine-themed cryptocurrencies have dominated the meme coin market up to this point, but Sealana aims to change all while creating a stir in the playful segment of the emerging cryptocurrency market.
Crypto YouTuber Jacob Bury told his 38.7k subscribers that Sealana has the potential to 10X upon debut.
SEAL tokens are on sale for $0.022 each. Because its ICO has no timer, stages, or hard cap, it could end at any time, suggesting that those interested to invest should do so soon to avoid missing out.
Buy SEAL tokens here using SOL, ETH, BNB, USDT, or a bank card.
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