Rally

Satoshi

Show

Gains

Coin

<p>Analyses by crypto experts have highlighted movements in the meme coin sector, notably PEPE and BONK, signaling a possible resurgence in this volatile market niche.</p>
<h2 class="wp-block-heading" id="strong-pepe-coin-s-market-rally-strong"><strong>PEPE Coin’s Market Rally</strong></h2>
<p>Jacob Crypto Bury provided an insightful update on PEPE coin’s performance in a <a href="https://www.youtube.com/watch?v=SJig8OiPYcU" target="_blank" rel="noopener noreferrer nofollow">YouTube video</a>, noting a 10% increase in its market cap, which now hovers around $2.96 billion. This surge comes after PEPE was listed on <a href="https://captainaltcoin.com/coinbases-new-perpetual-futures-could-attract-big-institutional-money-to-xrp-expert/" target="_blank" rel="noopener noreferrer nofollow">Coinbase’s</a> Perpetual Futures Contract, boosting trading volumes significantly and attracting large-scale whale purchases. “PEPE is absolutely strong over the last 24 hours… great looking pump here for Pepe, way over 10% now,” Bury reported.</p>
<p>The introduction of <a href="https://captainaltcoin.com/?s=PEPE&amp;post_type=post" target="_blank" rel="noopener noreferrer nofollow">PEPE</a> to the futures market appears to correlate with its ascending trajectory. Moreover, the coin broke out of a descending trading channel, suggesting a bullish trend could be setting in. <em>“Looking at PEPE coin from a charting point of view we can see at the moment PEPE has been trading in this descending channel but recently made a decent breakout,”</em> Bury explained.</p>
<h2 class="wp-block-heading" id="strong-comparing-bonk-s-bullish-breakout-strong"><strong>Comparing BONK’s Bullish Breakout</strong></h2>
<p>Parallel to PEPE, BONK coin also demonstrated significant market movements. Cilinix Crypto’s <a href="https://www.youtube.com/watch?v=jBsgFgp9LVw" target="_blank" rel="noopener noreferrer nofollow">analysis showed</a> BONK emerging from a bearish structure, initiating a bullish pattern. The successful prediction of this pattern allowed traders to secure profits early, thereby mitigating risks for subsequent trades.</p>
<p>Cilinix stressed the dependency of BONK’s future performance on Bitcoin’s market momentum. “The only way we can do that (reach higher price levels) is if Bitcoin continues this bullish momentum,” he pointed out, suggesting a direct correlation between the fortunes of<a href="https://captainaltcoin.com/bitcoin-btc-bulls-load-up-for-rally-to-new-all-time-high-but-this-resistance-level-stands-in-the-way/" target="_blank" rel="noopener noreferrer nofollow"> Bitcoin</a> and BONK.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-broader-implications-for-meme-coins-strong"><strong>Broader Implications for Meme Coins</strong></h2>
<p>Both coins are part of a broader meme coin surge, which includes others like Dogwifhat. This revival is evident from their shared patterns of trading and market interest spikes. At press time, WIF trades at<a href="https://coinmarketcap.com/currencies/dogwifhat/" target="_blank" rel="noopener noreferrer nofollow"> $2.96</a>, an uptick of 6.17% in the last day.</p>
<p>Significantly, as previously <a href="https://captainaltcoin.com/memecoin-watch-bonk-nears-key-resistance-potential-breakout-pepes-pattern-signals-uptrend/" target="_blank" rel="noopener noreferrer nofollow">reported by Captain Altcoin</a>, both BONK and PEPE are navigating pivotal points in the memecoin market. According to Stoic’s technical analysis, BONK’s success hinges on its ability to sustain a break above its current resistance. For PEPE, completing the cup and handle pattern could pave the way for a bullish future.</p>
<p>This trend underscores a rejuvenated interest in meme coins, driven by both community engagement and strategic futures trading. Hence, both PEPE and BONK are positioned at crucial junctures, possibly heralding a new phase of growth within the broader crypto market, contingent on sustained bullish momentum from Bitcoin.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/meme-coins-surge-pepe-and-bonk-show-robust-gains-as-market-confidence-soars-heres-why/" rel="noopener noreferrer nofollow">Meme Coins Surge: PEPE and BONK Show Robust Gains as Market Confidence Soars – Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Meme Coins Surge: PEPE and BONK Show Robust Gains as Market Confidence Soars – Here’s Why

Table of Contents

CaptainAltcoin

Other articles published on May 3, 2024

South Korea’s Major Exchange Lists Two Altcoins: Significant Surge for Coin Name (Symbol)

There Is No Option of Parole For Sam Bankman-Fried – Defense Attorney

Block Co-Founder Jack Dorsey Planning To Buy BTC

Shiba Inu: 733 Trillion SHIB Stays Profitable Amid Price Dip

Critical Data Analysis: Tense Moments for Bitcoin (BTC) and Ethereum (ETH) in the Crypto Market

BEFE Coin: The MEME Coin Gem That’s Gaining Momentum for Riches

Join our free newsletter for daily crypto updates!