Moo Deng and Bonk are expected to be in the spotlight this week, while Bitcoin Bulls try to push the Bellwether ownership into a new all time.
The total market capitalization of cryptocurrency returned 3.5% in the last 24 hours to reach $ 3.48 trillion, after two consecutive days of losses.
This recovery was catalyzed by Bitcoin’s successful defense of the support level of $ 105,000 on 2 July, which caused a bullish reversal.
The benchmark -active climbed to an intraday highlight of $ 109,600, which reflects a profit of almost 4% from his recent local soil, before stabilized at around $ 108,900. At that level, Bitcoin (BTC) is only $ 2,900 shy to re -test his all time, according to data from crypto.news.
Because sentiment is improved in both institutional and retail segments, analysts now predict that Bitcoin can soon focus on fresh all-time highlights.
In the meantime, selected meme coins have been renewed interest this week, powered by a mix of broader market optimism and project -specific momentum.
Mooi Deng
MOO DENG (Moedeng) organized a strong rally shortly after the South Korean crypto exchange has announced Upbit that it would mention the token today. The Memecoin shot 31% within 20 minutes when the exchange announced the offer, making the profit for the past 24 hours to more than 45%.
An important catalyst for MOE Deng this week is the celebration of the first birthday of the baby Pygmy Hippo Moo Deng on July 10, 2025, a milestone that has become a recurring viral event under the community of the token.
MOO DENG was born in the Khao Khow Open Animal Garden of Thailand and soon became a global internet sensation thanks to its charm and meme-worthy behavior.
This year’s birthday marks the annual anniversary of that viral increase. Previous parties, such as her milestone of 10 months in May, led to widespread social media activities that coincide with short but powerful crypto-market interest, lifting meme-tokens and NFT assets with fan theme only on speculation.
Traders expect that a similar scenario will also occur this time. The enthusiasm among supporters is evident from the fact that, despite a number of whales that load their participations before the event, the meme coin continued to collect, supported by the demand for retail.
Support for the community seems strong. Data on the Nansen chain show that the exchange balance has fallen by 12% in the last 24 hours, because more holders move their tokens of exchanges, often a sign that they are preparing to retain pending further profit.
On the daily graph, the price of MOO Deng remains strong over both its 20-day and 50-day progressive averages, which indicates a long-term bullish momentum and strong short-to-midterm trend support.
The token has also formed a round soil pattern, a classic bullish reversing structure that often precedes extensive upward movements.
Bonk
Bonk (Bonk) traded at $ 0.0000172 from the last check Thursday, afternoon Asian time, an increase of 21% in the last 24 hours with a market capitalization of $ 1.3 billion.
Traders will follow this week closely after Bonk, because the project of the project revealed that the 1 trillion Bonk will burn tokens as soon as the Emecoin hits the milestone of 1 million holders. With the metric currently at 943.41K per data from Coingecko Terminal, it will not take long before the threshold is hit.
When tokens are burned, they are permanently removed from the circulation, a travel traders often regard as bullish, because a reduced offer can strengthen the price effect if demand persists.
From a technical point of view, Bonk recently broken from a falling wig pattern on the daily map, a bullish reversal formation that usually precedes the persistent upward movement. Token also keeps above his 50-day exponential advancing average, and reinforces bullish momentum in the short term.
In the meantime, the MACD indicator has been reversed positively, whereby the signal line is being upheld, which indicates a possible shift in Momentum in favor of buyers.
All in all, these technical signals suggest a continuation of the upward trajectory of Bonk, especially if milestones on the chains such as the 1 million holders cause the expected token burning.
The convergence of a strong map structure, improving sentiment and an upcoming supply reduction will place Bonk in a potentially favorable position for price rating in the short term.
Publication: This article does not represent investment advice. The content and materials on this page are only for educational purposes.
