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HomeMarketsPrice AnalysisBONK, SHIBA, FLOKI Meme Coins Promise Bull Run

BONK, SHIBA, FLOKI Meme Coins Promise Bull Run



Sohrab Khawas

The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion. 

With more than 50% of its market cap concentrated in Dogecoin’s $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential. So, let’s look at the top memecoins alternatives to Dogecoin. You must consider buying massive returns. 

Top Meme Coins To Buy:

BONK (BONK) 

Starting with the BONK token, a Solana-based Dogecoin rival gives a triangle-pattern breakout in the daily chart. The bull cycle in BONK has surpassed the overhead exchange trendline and the 50% Fibonacci level with the ongoing bull cycle accounting for a 70% surge. 

TradingView

The meme coin is currently trading at $0.00002930, with an intraday gain of 9.54%. Heading towards the 78.60% level at $0.00003349, it shows a high possibility of a new all-time high. 

The Fibonacci retracement level spends the breakout rally target at $0.00007416 at the 1.618 level. 

Find out more about the BONK price targets in Coinpedia’s BONK price prediction for 2024-2030.

Shiba Inu (SHIB)

As the second biggest meme coin, Shiba Inu follows the bullish trend of Dogecoin, with the ongoing bullish cycle accounting for a 75% surge in the last 7 days. 

MEME COIN SHIBA INU price chart

Tradingview

The meme coin is currently trading at $0.00002939. It has surpassed the 78.60% Fibonacci level and is preparing for a new 52-week high. Currently, the 52-week high is at $0.00004567 and the uptrend must surpass the $0.00003591 for an exchange rally. 

The Fibonacci level spends the 52-week high target at $0.00006792 at the 1.618 level. 

FLOKI (FLOKI)

Despite a failed falling channel breakout rally, the Floki price action shows a bullish comeback. The ongoing bull run in Floki has surpassed the 50% Fibonacci level and accounts for a price jump of 74% in the last 7 days. 

FLOKI price chart

Tradingview

The meme coin is currently trading at the psychological mark of $0.0000020 with an intraday gain of 10.64%. Fibonacci levels paint the upside target at $0.0000032049 by the end of this month. 

However, the possibility of a new 52-week high paints the price target at $0.0000062 at the 1.618 level. Hence, with an upside potential of more than 200%, Floki is a must-buy meme coin in this bull run.




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