Memecoins

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

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The cryptocurrency market has cooled down over the next two days Positive news about the Ethereum ETFand we don’t see much price action.

However, meme coins are always an interesting topic, and BONK’s price is up more than 30% this week, threatening to overtake dogwitfhat (WIF) as Solana’s largest meme coin in terms of market capitalization. Let’s delve deeper.

BONK Price Analysis – BONK Price Prediction

BONK price is up more than 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 this year at around $0.000037. Its market capitalization increased to $2.3 billion.

CryptoBoss, an analyst with more than 160,000 followers on represents a potential upside of more than 40% from the current price.

As far as technical analysis is concerned, the MACD the line is above the MACD signal line, indicating bullish momentum. The RSI is at 52, suggesting that the asset is neither overbought nor oversold.

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

BONK has broken above its 50 day EMA on a 4-hour timeframe and a bullish flag continuation pattern is forming on the daily BONK chart, indicating the potential for further gains. Based on this analysis, BONK could potentially reach $0.000045-$0.000050 in the near term.

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

Best Solana Meme Coins to buy now

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

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

In particular, the Dogeverse website encountered accessibility issues, but the team quickly addressed and resolved them within hours, demonstrating strong community commitment and transparency.

Conclusion

Overall, BONK’s price has increased this week, outperforming other Solana meme coins such as WIF. Although BONK’s price prediction looks promising, with potential targets around $0.000045-$0.000050, it still trails WIF in terms of market capitalization. Investors interested in Solana meme coins should also consider the promising Sealana and Dogeverse presales.

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