🚀 BONK, PI & Crypto Price Forecasts: Europe’s July 22 Market Pulse

Memecoins defy gravity—again. As traditional finance scrambles to keep up, BONK and PI tokens show bullish signals while the broader crypto market flirts with resistance levels.

### The memecoin rally no one saw coming

Retail traders pile into speculative assets despite—or perhaps because of—another ECB warning about 'unsustainable valuations.' BONK's 24-hour volume spikes 40% as PI network activity hits ATH.

### Institutional FOMO meets retail recklessness

Crypto whales accumulate while analysts debate whether this is smart money positioning or just hedge funds chasing the next Shiba Inu. Meanwhile, Bitcoin dominance slips below 50%—altcoin season confirmed.

### The closer: A self-fulfilling prophecy

When every dip gets bought and every skeptic gets silenced by green candles, even the SEC starts looking like a reluctant bull. Just don't mention the $2B in liquidations last Tuesday.

Bonk Price Forecast: BONK uptrend wobbles but Golden Cross patterns signal demand resilience

Bonk (BONK), the Solana-based meme coin, is facing headwinds on Tuesday, down nearly 2% and trading at around $0.00003446 at the time of writing. As Bitcoin (BTC) extended its rally to a new record high of $123,218 on July 14, investors aggressively bought BONK, boosting its recovery to a high of $0.00004075 reached on July 17. 

Pi Network Price Forecast: PI hits a crucial resistance as range breakout gains momentum

Pi Network (PI) edges higher by over 4% at press time on Tuesday after breaking out of a consolidation range. A large wallet investor, popularly known as whales, has acquired nearly 3 million Pi tokens, reflecting confidence in the breakout rally. 

However, PI network struggles to surpass the $0.50 psychological mark as Bitget and MEXC exchanges offload their holdings to other exchanges.

Crypto Today: Bitcoin consolidates, Ethereum and XRP trim gains as Elon Musk's SpaceX moves $150 million BTC

Cryptocurrencies, particularly leading altcoins, are showing signs of weakness on Tuesday, following a week of steady gains. ethereum (ETH) is frontlining the correction, down over 2% to trade at $3,662 at the time of writing on Tuesday. Ripple (XRP) also faces headwinds following a retest of its record high of $3.66 on Monday.