Solana

Bonk

Frenzy

Coin

Gains

The post <a href="https://coinpedia.org/press-release/bonk-price-surges-as-sealana-emerges-as-potential-next-big-sol-meme-coin/" rel="noopener noreferrer nofollow">Bonk Price Surges as Sealana Emerges as Potential Next Big SOL Meme Coin</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Bonk, Solana’s second-largest meme coin, is gathering tremendous momentum today as it soars 19%.
Meanwhile, the newly launched SOL meme coin Sealana also looks bullish as its presale raises $140K on its opening day.&nbsp;
<h2 class="wp-block-heading" id="h-meme-coin-frenzy-causes-bonk-to-soar-but-traders-speculate-further-gains-ahead">Meme Coin Frenzy Causes Bonk to Soar, But Traders Speculate Further Gains Ahead</h2>
After dominating the Solana meme coin circuit for most of its history, Bonk was overtaken by Dogwifhat this year, which became Solana’s new frontrunner.
However, Bonk is vying for top dog status once again as it outpaces the market leader, pumping 19% today while Dogwifhat is up 10%.
Currently, Bonk is trading at $0.00002593, which puts it at breakeven this week but up 12% this month.
It holds a $1.6 billion market cap and a $513 million 24-hour trading volume.
Analysts have recently hailed Bonk, noting its remarkable display of strength and speculating this is a sign of things to come.
Meme coin trader Benjaminxbt <a href="https://x.com/benjaminxbt/status/1786035253439574222" target="_blank" rel="noopener noreferrer nofollow">cited</a> that Bonk’s uptick marks the breakout of a bull flag pattern to the upside. This price action is synonymous with a trend reversal, spelling the end of downside movement and laying the way for an uptrend continuation.
“Bonk has formed a bullish flag pattern. Breaking the resistance it has confirmed the upward momentum. We may see a nice pump and rise upwards,” he wrote.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="625" src="https://image.coinpedia.org/wp-content/uploads/2024/05/03155502/image-93-1024x625.png" alt="chart" class="wp-image-297333" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/03155502/image-93-1024x625.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155502/image-93-300x183.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155502/image-93-768x468.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155502/image-93-1536x937.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155502/image-93-150x92.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155502/image-93.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Meanwhile, WebTrend Analytics <a href="https://x.com/WebTrendCo/status/1784259258902610160" target="_blank" rel="noopener noreferrer nofollow">anticipates</a> a move toward $0.00005 in the coming weeks, noting that Bonk had similar price action which catapulted it to an all-time high in March.
In a recent tweet, the analyst explained, “Current BONK’s 4-hour chart is exactly mirroring the previous local blow-off top. This is the craziest repeated pattern we have ever seen. “
He continued, “RSI, WSI, and price action are all exact matches. Compared to previous price action, it suggests we are moments away from another blow-off top.”
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="501" src="https://image.coinpedia.org/wp-content/uploads/2024/05/03155523/image-95-1024x501.png" alt="price-chart" class="wp-image-297334" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/03155523/image-95-1024x501.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155523/image-95-300x147.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155523/image-95-768x376.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155523/image-95-1536x752.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155523/image-95-150x73.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155523/image-95.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Indeed, these factors present a bullish outlook for Solana’s second-largest meme coin. However, Bonk is far from the only Solana play that presents immense potential.
Another meme coin to captivate leading analysts is Sealana, a new presale that has raised $140K in its opening day and is backed to 10x.
<h2 class="wp-block-heading" id="h-new-meme-coin-to-watch-will-sealana-10x-like-analysts-say">New Meme Coin to Watch: Will Sealana 10X Like Analysts Say?</h2>
<a href="https://bs_270c0dac.cryptocoins.care/?aff=509157?referrer=bonk-price-surges-as-sealana-emerges-as-potential-next-big-sol-meme-coin" target="_blank" rel="noopener noreferrer nofollow">Sealana</a>, a new seal-themed meme coin that has swapped his sea-dwelling lifestyle for a pursuit of Lambos and riches, has risen to prominence and become one of the market’s hottest prospects.
Once a trim aquatic mammal, Sealana now lives in his mom’s basement, grinding on the meme coin charts and living off chips and tuna, hoping one day to make it big.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="579" src="https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97-1024x579.png" alt="sealana" class="wp-image-297338" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97-1024x579.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97-300x170.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97-768x434.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97-1536x868.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97-390x220.png 390w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97-150x85.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/03155556/image-97.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
$SEAL is currently undergoing a presale and has had no shortage of interest on its opening day. In addition to raising over $140K, top analysts have rallied behind the project, and <a href="https://x.com/sharifulit360/status/1785861005857489166" target="_blank" rel="noopener noreferrer nofollow">rumors</a> have surfaced that the Slerf team is the project’s creator.
In a recent YouTube video, the prestigious 99Bitcoins channel <a href="https://www.youtube.com/watch?v=jdpboL_K558&amp;t=213s" target="_blank" rel="noopener noreferrer nofollow">speculated</a> to its 700K followers that Sealana is “set to explode.” Meanwhile, renowned low-cap gem hunter Jacob Bury <a href="https://www.youtube.com/watch?v=TxWg80m2V1E&amp;pp=ygUHc2VhbGFuYQ%3D%3D" target="_blank" rel="noopener noreferrer nofollow">dubbed</a> Sealana as a “new 10x potential crypto.”
While there’s no doubt that the project’s play on degen meme coin and American culture presents viral potential, analyst support and rumours that the decorated Slerf team launched the project make it one of the most promising projects to watch.
There is still time to buy Sealana at presale, but with no predetermined hard cap, potential buyers should act quickly.
<a href="https://bs_270c0dac.cryptocoins.care/?aff=509157?referrer=bonk-price-surges-as-sealana-emerges-as-potential-next-big-sol-meme-coin" target="_blank" rel="noopener noreferrer nofollow">Visit Sealana Presale</a>

Bonk Price Surges as Sealana Emerges as Potential Next Big SOL Meme Coin

Table of Contents

CoinPedia News

Other articles published on May 3, 2024

How One Crypto Trader Lost $71 Million in Bitcoin Due to a Phishing Attack

Monetize Your Content

ONDO Price Trajectory: Can the Altcoin Surge to New Levels Amid Bullish Signals? Key Metrics to W...

Cryptocurrency Hedera's Price Increased More Than 12% Within 24 hours

Cyprus’s SEC Hails MONEYVAL’s New Assessment, Calls it a “Vote of Confidence”

Bitcoin’s price will hold these levels until August – Arthur Hayes

Join our free newsletter for daily crypto updates!