PONKE Price Prediction 2024-2030: Will PONK Hit $10?

PONKE is a meme coin built on the Solana network. It is known for its fast transactions, low costs, and high network rank. Despite these huge price swings, PONKE's roadmap reveals a path to sustainable growth.

PONKE, a meme coin built on the Solana network, has had a wild ride in 2024. Despite huge price swings, PONKE’s roadmap reveals a path to sustainable growth. Being built on the Solana ecosystem, it aims to expand its network by launching play-to-earn games, a decentralized exchange, a launchpad, and multiple Solana-based ventures.

With a growing community and a deflationary tokenomics model, PONKE projects itself as the next big meme coin in the industry. But is PONKE a good crypto investment?

Let’s head to the Coinpedia’s latest PONKE price prediction for technical and fundamental insights. But before jumping into the price analysis, here’s a quick overview of PONKE.

OverviewPONKE, short for "Dogecoin on Solana," is a meme coin that aims to combine the strengths of both Dogecoin and Solana. It was created by a group of anonymous developers in early 2023 and quickly gained popularity among the Solana community.

PONKE is built on the Solana blockchain, which is known for its fast transactions, low costs, and high network rank. This makes Solana an ideal platform for meme coins, which typically require a lot of transactions and hızlı network speeds.

PONKE is a ERC-20 token with a total supply of 100 billion tokens. It is currently trading on several major cryptocurrency exchanges, including Binance, FTX, and OKX.

Now, let’s have a look at the PONKE price prediction for the next few months.

PONKE Coin Price Forecast November 2024With an impressive rally in 2024, the PONKE meme coin has increased by 4,286% year-to-date. Currently, it is trading at $0.49, ready to reclaim the $0.50 psychological mark.

Furthermore, the bull run has surpassed the 50% Fibonacci level, making the 78.60% level at $0.56 the immediate price target.

Tradingview

The higher the formation and the broader the market recovery, the higher the chances of a breakout rally in PONKEY. Hence, the uptrend is likely to create a new all-time high.

Supporting the bullish upside, the 50-day and 200-day simple moving averages have given a bullish crossover. Meanwhile, the MACD indicator needs to be more clear due to the high price fluctuations.

Based on the Fibonacci levels, the uptrend beyond the current all-time high at $0.71 could target $0.93 or $1.37 in this bull run. However, by the end of the month, the uptrend is likely to be sustained at $0.60 or $0.66. On the flip side, the $0.44 will remain a solid support for November.

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