With the prices of Dogecoin and Shiba Inu crashing down, the rest of the meme coin market has followed, and coins in this category have suffered greatly for it. However, there continues to be hope of a renewed meme coin season where these cryptocurrencies will surge again. A number of meme coins continue to show promise, but three coins are looking prepped for when the bulls reclaim control. USELESS Coin Still A Good Meme Coin Buy? USELESS is one of the coins that dominated 2025, with an impressive rally that saw it reach over $400 million market cap at its peak. Since then, though, the meme coin has retraced, falling by more than 90% from its all-time high. While this crash has created dissent among its investors, crypto analyst Altcoin Sherpa has suggested that this might be a good time to buy. Related Reading: XRP Ledger Transactions Triple In One Year – What’s Going On? In the post, the crypto analyst points out that while most meme coins will not see their all-time high values again, there might still be some upside potential for them. For USELESS Coin, in particular, Altcoin Sherpa says it has always performed well in risk conditions. Thus, the crypto analyst suggests that for those who do not mind being underwater on their holdings for a bit, it could be a good time to enter. In the end, the analyst says the coin could end up doing a 2-4x rally, which would be a reasonable return. BONK Still One Of The Meme Coin Leaders Another meme coin that seems to be catching the attention of analysts is BONK, one of the leading Solana meme coins. Like its counterparts, the BONK price is down around 90% from its all-time high, but continues to see community support. Crypto analyst Celal Kucuker outlines that the BONK price could still rally 1,100% from here. This would put it on the path toward its all-time high levels. The analyst even shares a timeframe, putting it sometime around 2027. In terms of daily performance, though, BONK has struggled to keep up. Whereas counterparts such as Dogecoin and PEPE continue to see daily trading volumes of over $100 million, BONK is seeing volumes below the $50 million level, showing reduced participation from investors. FARTCOIN Could Still Make Waves Just like a number of Solana meme coins that rose to fame over the last two years, FARTCOIN saw rapid and accelerated growth within a short time. Like the others, it has since slowed down, losing most of its all-time high value. But that has not completely washed out bullish sentiment. Related Reading: Bitcoin Coinbase Premium Turns Positive After 10 Weeks – Is US Demand Finally Returning? One crypto analyst points out that FARTCOIN could be due for another flush downward. But after that, the meme coin is expected to rise again, and possibly complete an over 2x rally. According to the crypto analyst, the ideal buy zone for the meme coin would be around $0.14610. Featured image from Dall.E, chart from TradingView.com
As the crypto market looks toward a recovery and the likes of Solana make their way out of losses, a crypto trader has called out one meme coin that could be a great play as the SOL price recovers. The BONK meme coin, currently the largest meme coin in the Solana ecosystem and billed for triggering the revival of the blockchain, continues to receive a lot of support as a meme coin that could outperform as the market ushers in the next altcoin season. Solana’s BONK Meme Coin Is The Play Crypto analyst and trader Unipcs became popular in crypto circles on the social media platform X (formerly Twitter) after turning $16,000 into more than $10 million with a long BONK trade. Despite making what many have referred to as a life-changing trade, the trader has refused to close this trade, with the expectation that the meme coin will continue to rise. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 In a recent post, Unipcs has once again reiterated his support for the BONK meme coin and why he believes it’s a great play to be involved in. The post mainly points to bullish developments surrounding the Solana ecosystem and why BONK could be a way to maximize gains as the Solana price rallies. The first bullish development the crypto analyst points to is the fact that a Solana ETF is expected to hit the market soon. When this happens, the Solana price is expected to recover in response, possibly rising toward new all-time highs, something that would translate into more bullishness for meme coins domiciled on the blockchain. As for BONK, Unipcs explained that the meme coin acts as a 3X leveraged bet on the Solana price. This is because historically, the BONK price has often risen 3X higher than any gains that Solana puts in. Its highly volatile nature as a meme coin also contributes to this, as it is prone to rapid bursts of rising prices, the same way it is prone to quick crashes. Related Reading: Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge Furthermore, the expectations of a Solana ETF being approved by the Securities and Exchange Commission (SEC) are not the only thing propelling the bullishness of BONK. BONK, itself, also has a pending ETF filing with the commission, and the approval of a Solana ETF increases the likelihood of a BONK ETF approval, giving the meme coin even more fuel to rally. Given these bullish factors, the crypto analyst believes that being in BONK could be a good play, especially as the price remains 75% below its all-time high. “Ff we do get Solana season soon, you do not want to be underexposed to BONK,” Unipcs said in closing. Featured image from Dall.E, chart from TradingView.com
BONK’s price action has been back and forth in May, and the cryptocurrency is now essentially back where it started the month. Recent price action reveals that the token is attempting to stabilize at around the 200 EMA after being rejected by the local high near the 0.00002581 level. This rejection led to a measured pullback towards $0.00001820. However, according to a technical analysis on the TradingView platform, the retrace appears to be forming a bullish continuation setup with a 77% corrective move in view rather than indicating a bearish reversal. Bullish Market Structure Holds Firm For BONK BONK’s price retracement has brought it directly into a zone of heavy technical interest. At the heart of this confluence lies the 200 EMA on the 4-hour timeframe, which could technically serve as the next support zone for the meme coin moving forward. In addition, the retracement aligns with the 0.618 Fibonacci level, which is commonly associated with bullish corrections. It also aligns with a daily support zone around $0.00001832 to $0.00001841 and a resistance zone around $0.00002034. Related Reading: Forget Dogecoin, Analyst Says Solana Meme Coin “BONK” Is About To Explode Interestingly, this movement has led to a consolidation between these levels since May 15, and according to the TradingView analyst, the price structure suggests buyers are stepping in to defend the trend. This, in turn, has led to the formation of a higher low. From a volume standpoint, each upward impulse has shown rising volume since the first week of April. However, the recent decline occurred on diminishing volume, hinting at exhaustion from sellers. 77% Upside Move If BONK Breaks Above Resistance Even with the current range, BONK is still within a bullish setup that could send it towards a new 2025 high and possibly towards its current all-time high levels. The important level to watch now is the point of control (POC) resistance at approximately $0.00001955. This level previously acted as the pivot point before the pullback and now serves as the threshold for bullish continuation. Related Reading: This Dogecoin Rival Is Set For An Over 100% Pump – It’s Not Shiba Inu A confirmed close above this region would likely trigger a rapid expansion move toward the next resistance cluster around $0.00002581, before eventually reaching the predicted price target of $0.00003243, which would bring it close to its January 2025 open of $0.000035. As such, the projected target if this plays out will translate to a 77% rally. The price target also aligns with a previous swing high on January 15 and January 18. At the time of writing, BONK is trading at $0.00001995, up by 1,6% in the past 24 hours. Its reaction here, just above the POC resistance, will be an important deciding factor. If buyers manage to maintain pressure and secure a decisive breakout, the stage could be set for a strong rally into the upper resistance band and a retest of BONK’s 2025 swing high. Featured image from Shutterstock, chart from Tradingview.com
According to crypto analyst CryptoS6, BONK is approaching a critical juncture as it tests the 200-day Simple Moving Average (SMA) at approximately $0.0000238, a level that has historically acted as a strong resistance during downtrends. A decisive break and sustained move above this long-term indicator could signal a significant trend reversal, effectively marking the end of BONK’s prolonged bearish phase. CryptoS6 emphasizes that reclaiming this level would validate bullish momentum and reestablish buyer dominance, setting the stage for an extended rally. Breaking The Long-Term SMA: Why This Level Matters In a recent update on X, popular crypto analyst CryptoS6 pointed out that BONK is flashing signs of a significant technical shift. The price is currently testing the 200-day SMA at $0.0000238, an area widely regarded as a major trend-defining level. Reclaiming this zone would mark BONK’s first serious bullish reversal since early Q1, signaling that buyers are regaining control after months of sideways or bearish pressure. Such a shift in control could ignite renewed investor interest and set the stage for an extended rally. Related Reading: BONK Symmetrical Triangle Squeeze: Is A Mega Breakout Imminent? What makes the setup even more interesting is the minimal resistance standing between the current price and the 0.5 Fibonacci retracement level at $0.0000348. According to CryptoS6, this area often becomes a magnet for breakout-driven momentum, creating room for swift upward moves. If BONK can firmly close above the 200-day SMA, the probability of a stronger rally increases dramatically, as traders are likely to pile in behind the move. CryptoS6 didn’t hold back from making a bold projection either. He suggested that BONK’s chart is setting the stage for what could be a “God Candle” explosive move, a vertical price move that would rapidly push he token from $0.000025 to $0.00004. BONK 3-Way Confirmation: Volume, Trend & History Say ‘Go’ CryptoS6 firmly emphasized that a combination of growing volume, strong trend alignment, and striking historical pattern symmetry reinforces the case for a major breakout in BONK. The recent surge in volume is not just noise; it reflects increasing market participation and suggests that accumulation is underway, often a precursor to a significant price move. Meanwhile, BONK’s price action is aligning with key moving averages, particularly as it eyes a reclaim of the 200-day SMA, a critical indicator of long-term trend shifts. Related Reading: BONK Flashes Buy Signal After Crashing 40% In One Week – Time To Get In? In conclusion, CryptoS6 described the setup as “clean,” meaning the chart offers a well-defined structure and reliable levels for both entry and risk management. With momentum continuously building and minimal resistance ahead, the risk/reward profile remains highly favorable. Featured image from Shutterstock, chart from Tradingview.com
Bonk (BONK), one of the more energetic players in the meme coin space, is showing signs of a potentially explosive move as it coils tighter within a symmetrical triangle pattern. This classic chart formation, characterized by converging trendlines of lower highs and higher lows, often acts as a pressure booster for price action — the longer the squeeze, the more powerful the breakout tends to be. The symmetrical triangle squeeze is a technical signal that often precedes sharp breakouts, and in BONK’s case, it couldn’t come at a more pivotal moment. With the broader meme coin market showing signs of strength and sentiment slowly shifting, a decisive move from this setup could define the next chapter for BONK. A breakout above the upper trendline might ignite fresh bullish momentum and open the door to new highs, while a break below support could trigger a sell-off toward lower key levels. Bonk’s Recent Price Action: The Setup For A Big Move According to a recent post by Whales_Crypto_Trading on X (formerly Twitter), Bonk is currently forming a symmetrical triangle pattern on the 1-hour chart. The price has just rebounded from the lower support trendline of the triangle, suggesting that buyers are stepping in to defend the structure and potentially build momentum for an upward breakout. Related Reading: BONK Flashes Buy Signal After Crashing 40% In One Week – Time To Get In? What makes this pattern particularly noteworthy is the potential upside. Whales_Crypto_Trading highlighted a profit target range of 70–80%, should BONK successfully break above the upper resistance trendline. With volatility tightening and volume starting to show signs of recovery, such a breakout could offer a substantial short-term trading opportunity. However, traders are advised to keep a close eye on volume confirmation and key breakout levels to avoid possible fakeouts, as symmetrical triangles can break in either direction. Will The Meme Coin Explode Or Fizzle Out? Bonk’s symmetrical triangle pattern has reached a critical stage, raising speculations about whether the meme coin will break free with force or lose steam under pressure. The recent bounce off the support trendline suggests bullish interest is still alive, and if momentum continues to build, BONK could be gearing up for a powerful breakout, potentially delivering gains in the 70–80% range as projected by traders. Related Reading: Solana’s BONK Roundtrips Total Gains From 2024, Here’s Why It’s A Good Buy Now However, it’s important to remain cautious. Symmetrical triangles are neutral by nature, meaning a breakdown is still on the table if buyers fail to push through resistance. The next few candles on the 1-hour chart could provide key confirmation of BONK’s direction. In the end, BONK is approaching a defining moment. Whether it explodes into a bullish run or fizzles out into another rejection will largely depend on volume, sentiment, and the strength of the breakout. Traders should stay alert, as a big move may be closer than it seems. Featured image from Shutterstock, chart from Tradingview.com
The BONK price movements have brought it close to a critical support level, and its reaction could make or break its price trajectory from there. A detailed technical analysis on the TradingView platform suggests that the cryptocurrency’s current setup could lead to either a bullish breakout to retest its all-time high at $0.00005825 or a further decline below $0.00001497, depending on how price action unfolds in the coming days. Descending Channel And Double Bottom Pattern For BONK Meme cryptocurrency BONK has largely been trading within a descending channel for the past three months, which has been characterized by the formation of lower highs and lower lows on the daily candlestick timeframe chart. This descending channel pattern kickstarted after BONK reached a new all-time high of $0.00005825 on November 20, 2024. Related Reading: Bitcoin Traders Turn Bearish Despite Price Recovery Above $97,000, Here Are The Numbers As noted by the analyst on TradingView, the BONK price is currently showing signs of a healthy retracement after rejecting at a lower high within the descending channel. This retracement has now seen the meme coin at a critical support zone around $0.000026 within the descending channel. Interestingly, the retest of this support zone hints at the possibility of a double bottom pattern, as the price chart shows BONK had bounced off this zone on December 20, 2024. The double bottom is the bullish scenario for the BONK price. However, the analyst highlights that confirmation on lower timeframes is essential for this double-bottom scenario to materialize. Specifically, a bullish Internal Change of Character (I-CHoCH) within the current support zone would signal that buyers are re-entering the market, which would increase the likelihood of a breakout from the descending channel. Key Price Levels To Watch For BONK Price The $0.000026 level is highlighted as a critical support level to keep an eye on in the coming days to see how it eventually plays out for BONK. Should BONK manage a rebound from this level, the first step toward a sustained bullish move would be to break above the upper trendline of the descending channel, which would be anywhere between $0.000030 and $0.000031. Related Reading: Shiba Inu Price Gearing Up To Fly After Lows, Here’s The Target Upon confirming the breakout, the analyst identified several resistance levels that BONK would encounter on its path to a new all-time high. These levels include $0.00003657, $0.00004754, and a strong resistance point at $0.00006340. However, the analyst also points out that there remains a risk of further retracement or even panic selling, especially if BONK fails to exhibit bullish confirmations through an I-CHoCH in the lower timeframes. This scenario could cause a break below $0.000026 to reach another strong support zone, where a similar I-CHoCH confirmation would still be necessary to validate a potential bounce. Without these confirmations, the bullish outlook could be invalidated. At the time of writing, BONK is trading at $0.00002863 and is up by 5% in the past 24 hours. Featured image created with Dall.E, chart from Tradingview.com
Meme coin trader Unipcs (Bonk Guy) has predicted that BONK will soon hit a new all-time high (ATH). The crypto further outlined several reasons why the Solana meme coin is about to blast through ATHs again. Why BONK Is About To Reach A New ATH In an X post, the meme coin trader said that […]
Lately, top meme based cryptocurrencies like Shiba Inu (SHIB) and Pepe (PEPE) have been witnessing a spike in their prices. This bullish trend appears to have extended to Solana based meme coin Bonk (BONK), as its price movements has been showing signs of an impending bullish surge. With respect to this, a crypto analyst has suggested that Bonk is currently well-positioned for a significant upward movement. Analyst Predicts Legendary Target At $0.000033 Bluntz, a prominent crypto trader and analyst has revealed the next bullish target for Bonk. In an X (formerly Twitter) post on September 30, Bluntz revealed that Bonk is currently in a prime position for a”turbo green week.” Related Reading: Dogecoin At $10 Thesis: What Each Breakout Cycle Says About The DOGE Price He disclosed that the meme coin had experienced a quick and minor price dip during the week. However, the analyst sees this price decline as a positive sign, suggesting that it creates an opportunity for Bonk to enter a significantly bullish position, potentially triggering a legendary rally. Sharing a chart depicting Bonk’s price movements from the past month, Bluntz indicated in his price chart that the meme coin could experience an accelerated price increase to new highs. Presenting an illustration of his predictions of Bonk’s future price movements, the analyst disclosed that the meme coin would rise between the range of $0.000028 and $0.000027 before falling to the support level between $0.000026 and $0.000025. After this, Bonk is expected to skyrocket to $0.00003, before dropping back to $0.000028. For his final price surge in his projected turbo green week, Bluntz revealed that Bonk will reach a new price high of $0.000033. The analyst also revealed that for Bonk to experience a bullish price breakout, the meme coin will have to undergo three days of essential sideways trading. Presently the price of Bonk is trading at $0.00002, reflecting a slight increase of 3.86% in the past week. A jump to projected highs at $0.000033 would require the meme coin to rise by approximately 65% from its current price. BONK Set To Outperform PEPE While maintaining an optimistic outlook on Bonk’s price, Bluntz disclosed that the meme coin may be taking out the meme coin leadership from Pepe. This suggests that as Bonk is gaining more momentum, Pepe’s performance is slowing down after experiencing a significant price increase. Related Reading: Still Holding Your Hamster Kombat Tokens? You Might Be In For A Nice Surprise Soon The analyst has identified a “higher low” on the BONK/PEPE chart, which indicates that Bonk is positioning itself for a stronger price rally than Pepe. Typically, a higher low occurs when the price of a cryptocurrency pulls back but maintains its value above its previous low level, signaling a potential continuation of an uptrend. In the case of Bonk, Bluntz has revealed that it is currently among top meme coins like Dogwifhat (WIF), and Pepe which are presently showing signs of a strong bullish development. Despite this analysis, the cryptocurrency has declined by over 10% in the past 24 hours. Featured image created with Dall.E, chart from Tradingview.com
Two Solana-based memecoins, Bonk (BONK) and Dogwifhat (WIF), have registered substantial gains over the past 24 hours. BONK recorded a 35% increase, while WIF climbed by 19%, positioning them among the top three gainers in the top 100 cryptocurrencies by market cap today. Only Hedera Hashgraph (HBAR) surpassed them, with a notable 44% rise during the same period. Resolution Of Solana’s Congestion Issues Spurs Memecoins The significant uptick in these Solana memecoins is closely linked to the recent improvements in the Solana network’s performance. A tweet from SolanaFloor earlier today indicated, “BREAKING: Solana’s congestion issues have been completely resolved, with block production back to normal. Transactions confirming in under 2 seconds.” This announcement marks a pivotal moment for the network which had been plagued by congestion issues. Source A: https://t.co/2TVnbaPNlHSource B: https://t.co/GfHxy8dC1B — SolanaFloor | Powered by Step Finance (@SolanaFloor) April 24, 2024 On April 15, Solana developers rolled out crucial updates designed to alleviate these problems, urging validators to adopt version v1.17.31. This version introduces changes in the treatment of validators based on their stakes. Further enhancements are anticipated with the release of version v1.18 next month, which will include a new scheduler, albeit disabled by default. Related Reading: Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished Andrew Kang, founder of Mechanism Capital, remarked a few days before the fix, “Let’s also not forget that the Solana congestion issues have weighed down SOL and Solana-based memecoins significantly. It’s not a question of if but when the network is significantly improved. That’s your springboard.” Kang’s comments now seem prophetic as the resolution of network issues has indeed acted as a springboard for memecoin valuations. Specifics On Rally Of Dogwifhat (WIF) And BONK The price of WIF soared to a 24-hour high of $3.43 on April 24, buoyed by an impressive 96% increase in trading volume. This influx was fueled by notable acquisitions from whales like Ansem, who capitalized on the positive market sentiments. Related Reading: Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update The breakout above the resistance level at $3.18, after a week of sideways trading between $1.97 and $3.18, was a significant trigger. WIF formed a two-week-long ascending triangle, a bullish chart pattern that indicated a continuation of the previous upward trend. The breakout was widely discussed in the crypto community, with trader Bluntz Capital confirming the pattern’s resolution and sparking further bullish sentiment. 2 week long ascending triangle forming here on $WIF, i think the breakout is imminent pic.twitter.com/S0OZWBsq6u — Bluntz (@Bluntz_Capital) April 24, 2024 BONK is registering a dramatic 35% rise, with a remarkable 304% increase in trading volume. The price action successfully breached the 0.236 Fibonacci retracement level at $0.000020727, and continued its upward trajectory to the 0.5 Fibonacci level, signaling strong buying interest and bullish momentum. This rally probably gained additional support from the recent listing of BONK by the global neobank Revolut, which was announced on April 22. This inclusion in Revolut’s trading platform, which features over 150 digital currencies, provided significant exposure and legitimacy, further enhancing investor interest and market activity around BONK. Featured image from Shutterstock, chart from TradingView.com