Bitcoin
Bitcoin (BTC)
$62,306.00 1.63329
Bitcoin price
Ethereum
Ethereum (ETH)
$3,441.17 2.04013
Ethereum price
BNB
BNB (BNB)
$412.86 1.6529
BNB price
Solana
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$130.05 -4.08291
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XRP
XRP (XRP)
$0.6302560 6.34988
XRP price
Shiba Inu
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$0.0000199 56.56948
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Pepe
Pepe (PEPE)
$0.0000041 52.12515
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Bonk
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$0.0000243 5.77557
Bonk price
Bitcoin
Bitcoin (BTC)
$62,306.00 1.63329
Bitcoin price
Ethereum
Ethereum (ETH)
$3,441.17 2.04013
Ethereum price
BNB
BNB (BNB)
$412.86 1.6529
BNB price
Solana
Solana (SOL)
$130.05 -4.08291
Solana price
XRP
XRP (XRP)
$0.6302560 6.34988
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000199 56.56948
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000041 52.12515
Pepe price
Bonk
Bonk (BONK)
$0.0000243 5.77557
Bonk price
Bitcoin
Bitcoin (BTC)
$62,306.00 1.63329
Bitcoin price
Ethereum
Ethereum (ETH)
$3,441.17 2.04013
Ethereum price
BNB
BNB (BNB)
$412.86 1.6529
BNB price
Solana
Solana (SOL)
$130.05 -4.08291
Solana price
XRP
XRP (XRP)
$0.6302560 6.34988
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000199 56.56948
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000041 52.12515
Pepe price
Bonk
Bonk (BONK)
$0.0000243 5.77557
Bonk price
Bitcoin
Bitcoin (BTC)
$62,306.00 1.63329
Bitcoin price
Ethereum
Ethereum (ETH)
$3,441.17 2.04013
Ethereum price
BNB
BNB (BNB)
$412.86 1.6529
BNB price
Solana
Solana (SOL)
$130.05 -4.08291
Solana price
XRP
XRP (XRP)
$0.6302560 6.34988
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000199 56.56948
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000041 52.12515
Pepe price
Bonk
Bonk (BONK)
$0.0000243 5.77557
Bonk price

IMX surges 10%, BONK drops 10% as the market goes red

imx-surges-10-bonk-drops-10-as-the-market-goes-red
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IMX surges 10%, BONK drops 10% as the market goes red

Immutable (IMX) and Bonk (BONK) take center stage as the global crypto market capitalization declines. 

According to data from CoinMarketCap (CMC), the global cryptocurrency market cap declined by 0.7% in the past 24 hours and is currently standing at $1.8 trillion. The total digital currency daily trading volume, however, increased by 3.7%, surpassing the $45 billion mark, per CMC. 

Despite the downward market movement, IMX gained 10.4% in the past 24 hours and is trading at $3 at the time of writing. The asset’s market cap surpassed the $4 billion mark, making it the 21st-largest cryptocurrency. 

IMX surges 10%, BONK drops 10% as the market goes red - 1
IMX price, social volume and RSI – Feb. 12 | Source: Santiment

IMX’s 24-hour trading volume witnessed a 3.6% decline and is currently hovering around $224 million. 

According to data provided by Santiment, the IMX social volume declined by 57% in the past 24 hours.

On the other hand, the asset’s Relative Strength Index (RSI) surged from 77 to 81.5 over the past two days. This shows that a price downturn might be on the way as there’s a high chance of whale manipulation. 

For IMX to stay in the bullish zone, the token’s RSI would need to stay below the 60 mark. 

Quite similarly, Bonk’s social volume also declined by 31% over the past day. 

According to Santiment, BONK’s RSI dropped by 63 to 59.5 over the past 24 hours. The indicator suggests lower selling pressure and a lower possibility of whale manipulation. 

IMX surges 10%, BONK drops 10% as the market goes red - 2
BONK price, social volume and RSI – Feb. 12 | Source: Santiment

Despite the bullish RSI, BONK is down by 10% in the past 24 hours and is trading at $0.000013 at the time of writing. The asset’s market cap still stands above the $770 million mark, holding the 87th rank among the leading cryptocurrencies. 

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