Rally

Solana

Memecoin

Bonk

<p>The post <a href="https://coinpedia.org/price-analysis/will-solana-based-memecoin-see-100x-rally-with-sol-price-hitting-new-ath-in-q2/">Will Solana-Based Memecoin See 100x Rally With SOL Price Hitting New ATH In Q2!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The Solana token has displayed a significant price action over the past few months by multiplying its value 4+ times. Further, the SOL token currently trades at a 26-month high, indicating a bullish influence in the crypto space.</p> 
<p>With Solana’s price experiencing massive volatility, top tokens on its blockchain have outperformed elite cryptocurrencies in terms of monthly returns. Bonk memecoin is one such example, with a surge of over 10,000% during 2023.</p> 
<h2 class="wp-block-heading" id="h-dogwifhat-displays-a-1-000-surge-this-year">Dogwifhat Displays A 1,000% Surge This Year!</h2> 
<p>The Dogwifhat (WIF) price had started the year 2024 with a price tag of $0.1720 and by 8th January recorded an all-time low (ATL) of $0.0677. Since then, the memecoin has gained significant attention from the market, resulting in it experiencing a massive surge in valuation.</p> 
<p>The WIF coin has recorded a surge of 2,519% in its portfolio since its low and currently trades with a price of $1.740, giving its investors a return of over 25 times over the past 56 days.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/8NB9pBQuBQUhSuKFfmMwvbm3UkQLbTKYAzV0fSDycJbsf8n-it4lcW6n2Yx7MGG70vgm0KNN4ESKxIziiCvm3gwPFlvy37G48k8WcgGLA91l8b6Eqlcuhmyrdn-uWy8poGjqD-oZ55pxmRAS025tzN0" alt="WIF Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: WIF/USDT
 </figcaption>
</figure> 
<p>With the rising hype of Solana tokens, top tokens on its blockchain are constantly experiencing a massive price action, indicating a rise in investor’s interest. Moreover, the Bonk memecoin of the Solana ecosystem has recorded a surge of approximately 180% within the past seven days and 220% over the past 30 days.</p> 
<p>The Moving Average Convergence Divergence (MACD) displays a constant green histogram, highlighting a strong bullish influence in the crypto industry. Further, the averages show a significant rise, indicating a positive price action for the Solana-based token in the coming time.</p> 
<h2 class="wp-block-heading" id="h-will-wif-hit-5-soon">Will WIF Hit $5 Soon?</h2> 
<p>With the current market sentiments, the WIF token displays a strong potential to attempt to test its target price of $5 in the upcoming months, which will make it one of the top tokens of the year.</p> 
<p>However, a trend reversal may pull back the price toward its lower support level of $1 in the coming time.</p>

Will Solana-Based Memecoin See 100x Rally With SOL Price Hitting New ATH In Q2!

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