BONK Price Rises 30% as Dogwitfhat (WIF) Lags – Best Solana Meme Coins to Invest in Now

The cryptocurrency market has cooled over the past two days after Positive news from the Ethereum ETFand we don’t see much price movement.

However, meme coins are still an interesting topic, and BONK’s price has soared over 30% this week, threatening to overtake dogwitfhat (WIF) as the largest Solana meme coin in terms of market capitalization. Let’s dig.

BONK Price Analysis – BONK Price Prediction

BONK price is up over 30% this week and is trading around $0.000034. This Solana meme coin is now very close to its all-time high set in March of this year at around $0.000037. Its market capitalization reached $2.3 billion.

CryptoBoss, an analyst with over 160,000 followers on approximately $0.000048, representing a potential upside of over 40% from the current level. price.

Regarding technical analysis, the MACD The line is above the MACD signal line, indicating bullish momentum. The RSI is at 52, which suggests that the asset is neither overbought nor oversold.

THE 99bitcoins The YouTube channel with over 700,000 subscribers posted a video about BONK, highlighting that the rise of meme coins like BONK is indicative of a bull market. They noted that BONK price has performed well in recent days, suggesting growing investor confidence. BONK’s bullish momentum began after finding support around the $0.0000215 mark, and it has since increased significantly.

BONK broke above its 50-day exponential moving average on a 4-hour time frame, and a bull flag continuation trend is forming on BONK’s daily chart, indicating potential for further gains. Based on this analysis, BONK could potentially reach $0.000045 to $0.000050 in the near term.

In the meantime, dog hat (WIF), another popular Solana meme coin, barely moved this week, so BONK outperformed it. However, BONK still has some catching up to do if it wants to become the largest Solana coin, as WIF’s market cap is still around $3 billion.

Best Solana Meme Coins to Buy Right Now

In the same video, 99bitcoins highlighted two promising Solana meme coins to consider investing in. The Sealana presale is showing excellent results, approaching the $3 million milestone. This is an increase from initial daily figures of $25,000 to $50,000, now reaching $250,000 per day. The rapid growth in pre-sale activity highlights effective marketing and growing interest in this new meme coin on Solana.

Dogevers is another meme coin to watch out for, as it is accessible and tradable on multiple platforms, including Ethereum, BNB, Matic, Avalanche, and Solana. Large investments are being made in Dogeverse, with single purchases exceeding $190,000, indicating quite strong interest from large investors (whales).

Notably, the Dogeverse website encountered accessibility issues, but the team quickly resolved them and resolved them within a few hours, demonstrating strong community engagement and transparency.

Conclusion

Overall, BONK price increased this week, outperforming other Solana meme coins like WIF. Although BONK’s price forecast looks promising, with potential targets around $0.000045 to $0.000050, it still lags behind WIF in terms of market cap. Investors interested in Solana meme coins should also consider the promising presales from Sealana and Dogeverse.

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