The cryptocurrency world loves an excellent comeback story, and Ponke, the globally acknowledged monkey meme coin, is perhaps making ready for one of the dramatic reversals in meme coin historical past.
As Ponke exhibits indicators of revival after a 90% decline post-Binance itemizing, all eyes are additionally on Solaxy, the extremely anticipated Solana Layer 2 venture, which is gearing up for its main launch.
Ponke (PONKE) Value Evaluation
In current days, Ponke has began to show robust indicators of renewed momentum. As of immediately, the token holds a market cap of roughly $92 million and has gained 5% up to now 24 hours.
Supply – Cryptonews YouTube Channel
Extra notably, Ponke has climbed over 24% up to now week, suggesting that the development could also be reversing after months of persistent decline.
A better take a look at Ponke’s value chart over the previous seven days reveals a powerful shift in sentiment. The token initially suffered continued sell-offs, reaching a low level close to $0.11 on June 7.
Nonetheless, after this backside, Ponke skilled a pointy and sustained value rally. By June 10, the token started a speedy ascent, climbing steadily and forming a robust upward construction.
It now seems to be constructing a sequence of upper highs and better lows, a basic indicator of bullish momentum. As of the newest knowledge, Ponke is buying and selling simply above $0.17, testing what might quickly be a brand new help stage.
Market observers at the moment are watching whether or not $PONKE can break past this level and goal for increased targets, presumably revisiting its former value vary.
Ponke Hints at Chapter 2
However Ponke’s current value rally isn’t the one factor capturing consideration — behind the scenes, the venture is teasing a mysterious new part that might play a key position in its potential comeback.
Ponke’s official X account has been dropping cryptic teasers hinting at a big new improvement. One current submit merely acknowledged, “The 1st step: tomorrow,” accompanied by the announcement that the PonkeShop has been closed till additional discover.
Beforehand, this store was identified for promoting novelty gadgets, together with an overpriced helmet that turned a part of Ponke’s signature branding.
The venture additionally hinted on the launch of “Chapter 2,” suggesting a significant pivot or upcoming launch. Ponke’s social media submit learn:
“Ponke Chapter 1 was a film — 1,000,000 followers, over 2 billion views, and a globally acknowledged monkey within the making. Maintain your helmets strapped for Chapter 2.”
Though the precise nature of the brand new chapter stays unclear, the tone strongly means that one thing important is within the pipeline.
Ponke (PONKE) Value Prediction
The shift in Ponke’s value construction has caught the eye of some crypto analysts, who at the moment are suggesting that Ponke might have reached its long-term backside.
In line with current commentary, Ponke is displaying indicators of a significant excessive timeframe market construction reversal, which might help a transfer again towards its earlier highs.
One analyst famous that the present setup could lead on Ponke to revisit the $1 value vary, probably providing a tenfold improve from the place it stands immediately.
Whereas time will inform whether or not Ponke can really ship such a dramatic restoration, the mix of value momentum, renewed neighborhood engagement, and upcoming venture developments has actually put the token again on many traders’ radars.
Excessive-Potential Different Funding Alternative
As Ponke gears up for a possible resurgence, one other crypto venture is quickly gaining consideration: Solaxy. Positioned because the world’s first Solana Layer 2 answer, Solaxy is making important waves within the presale market.
The venture has already secured over $47.5 million in funding, a determine now similar to Ponke’s whole market capitalization. With lower than 5 days remaining within the Solaxy presale, investor curiosity is accelerating.
Supply – Solaxy Twitter
Solaxy’s improvement staff has outlined plans to launch a completely operational Layer 2 chain inside this month, with confirmed listings on main centralized exchanges as a part of their rollout technique.
On high of this, Solaxy is shortly establishing itself as a powerhouse for Solana’s future, supported by dwell testnet bridges and an increasing ecosystem via tasks like Igniter and its decentralized trade (DEX).
For these keen on taking part, becoming a member of the presale is easy and accessible. Customers can join their wallets on to the venture’s platform and buy tokens utilizing crypto.
Given the robust neighborhood momentum, aggressive improvement roadmap, and rising ecosystem, many traders imagine Solaxy might change into one of the promising new launches within the present bullish market cycle.
Go to Solaxy
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