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The Ponke (PONKE) price shot up 48% in the last 24 hours to trade at $0.3457 from 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 capitalization of over $150 million.
$PONKE up another 23% 🥳 today, insane 124% this week.
Ponke now leaves the Sphere. I was the first person I compared Ponke to $WIF chart here on CT.Both are enabled $SOL and both have huge hype. Good liquidity pools and volume. Ponke has a hardworking team and strong… https://t.co/IY1GNhv4x0 pic.twitter.com/RXECUHxbNR
— Seth (@seth_fin) May 18, 2024
Ponke Price Prediction: Where Is PONKE Going?
Looking at an in-depth analysis of the 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 also a bullish signal. The lagging span (green) is also above the price, further confirming the bullish trend. The cloud ahead is bullish (green), indicating a possible continuation of upward momentum.
Looking at other indicators, we see that 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 bullish momentum is currently strong. The gap between the MACD line and the signal line is widening, often indicating increasing bullish momentum.
On the other hand, the ADX (Average Directional Index) value is 56.10, which indicates a very strong trend. In general, an ADX value above 25 indicates a strong trend, and values above 50 indicate a very strong trend. In this case, the high ADX value supports the strength of the current bullish trend.
Meanwhile, as the Ponke price rises, traders flock in the new Solana meme coin presale Sealana (SEAL) as it roars past the $1.6 million in funds raised during the pre-sale.
Within the first two weeks of the altcoin’s pre-sale, meme coin enthusiasts purchased $500,000 worth of SEAL, demonstrating the overwhelming enthusiasm for the project.
Riding Solana’s Meme Coin Mania Wave
In recent months, the popularity of Solana meme coins has skyrocketed. Investors are rushing to buy 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 mammal-themed meme coin that aims to capitalize on this wave of interest.
#Sealana‘throws an angry frat party for the OG $SEAL Alphas like the #Presale crosses towards the $1 million mark. 🦭🚀
The brothers are here, the beers are cold and the babes are on their way.🇺🇸🍻
Did you miss the invite?📩 Looks like you didn’t pack enough $SEAL to make the cut.💰 Join the… pic.twitter.com/riLSZCqfkB
— Sealana (@Sealana_Token) May 13, 2024
Dog-themed cryptocurrencies have dominated the meme coin market so far, but Sealana aims to change everything 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 go 10x upon debut.
SEAL tokens retail for $0.022 each. Because it’s ICO has no timer, phases or hard cap and can end at any time, suggesting that those interested in investing should do so quickly to avoid missing out.
Buy SEAL Tokens here with SOL, ETH, BNB, USDT or a bank card.
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