Solana
Bonk and WIF See Gains as New Coin Solana Meme Generates Bullish Forecast
The Solana meme coin market is poised for its next parabolic rally as Bonk and Dogwifhat post significant gains today.
Meanwhile, the ecosystem’s pre-sale circuit is also heating up, with emerging competitor Sealana ($SEAL) making bullish price predictions after raising $3 million.
Bonk and Dogwifhat Rise as Interest in Solana Meme Coin Returns
Solana’s flagship meme coins Bonk and Dogwifhat saw substantial gains today, surpassing the market average.
The total crypto market cap is up 2.9%, while the meme coin market cap is up 6.1%. However, the Solana coin sector led the way, up 7.8%.
Meanwhile, Bonk enjoyed an 8.1% rise today. And even though its price remains down 16% this week, it is up 30% this month. Currently, Bonk is trading at $0.00003465, with a market cap of $2.3 billion and a 24-hour trading volume of $688 million, up 44% today.
Analyst Cold Blooded Shiller noted that Bonk has recently started to recover from a correction and plans to head towards its ATH next. Compared to its current price, this leaves room for an increase of 26%.
Moving to Dogwifthat, it also outperformed the market average today by 9.5%. However, it remains down 7.3% this week but is up 6.5% this month.
WIF currently has a market capitalization of $3.5 billion and a 24-hour trading volume of $684 million, up 18% from the previous day.
Well-known analyst Trader SZ hinted that WIF could rise in the coming weeks, writing “WIF time again” and outlining a Dogwifhat price chart with targets of $3.9 and $4.6.
Meanwhile, Atlas highlights that WIF is forming a cup-and-handle chart pattern and predicts an explosive rise towards $7 in the coming weeks.
Clearly, the recent price action has fueled extremely bullish sentiment for Bonk and Dogwifhat. But at the same time, new Solana meme coins are emerging and also competing for big gains. One of the most promising is Sealana, which was backed 100x after raising $3 million in pre-sales.
Also Read: Pepe and Bonk Prices Fall as Traders Eye New Meme Coin Opportunity
Analyst Believes Sealana Will Be Next 100X Coin
Sealana entered the market in full swing, with its pre-sale surpassing the $3 million total mark in just a few weeks.
This eclipses the $3 million raised by pre-sale icon Book of Meme (BOME).
As such, the bar is high for Sealana, but with a strong narrative and community support, there’s every chance he’ll achieve similar success to Solana’s other heavyweights.
Filled with unabashed Donald Trump references, South Park-inspired antics, and a hilarious origin story, Sealana encapsulates the essence of degen coin culture, and the market has taken notice.
Alongside its total collection, the project benefits from notable support from the community on social networks. He has over 8,000 followers on X and posts that garner hundreds of likes and retweets. Sealana also has 8,000 members in its Telegram community.
To add to the excitement, analyst Michael Williams speculates that Sealana could be the next meme coin at 100x.
However, with $3 million in hand and no hard cap announced, the presale could end at any time. As such, potential buyers must act quickly to avoid missing out.
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