Meme Coins on Fire: TURBO, WIF, BONK, and PENGU Lead the Pack
Memes have followed the overall resurgence of the cryptocurrency market.
Keep up with what's happening in the crypto world in real-time.
Memes have followed the overall resurgence of the cryptocurrency market.
Fartcoin, a meme token built on the Solana blockchain, has surged past Bonk to become the second-largest meme coin on the network.
Popcat (CRYPTO: POPCAT) and Bonk (CRYPTO: BONK) are benefiting from Fartcoin (CRYPTO: FARTCOIN) crossing the $1 milestone, with traders speculating they might mirror the latter's rally. What Happened: Popcat and Bonk are up 25% and 9%, respectively, on the day.
Solana meme coin Fartcoin has broken into the top five meme coins by market cap, after climbing 21% over the past 24 hours.
Fartcoin has just flipped Bonk to become the second-largest Solana memecoin by market cap, following a 15% rally that pushed its market cap above the $1 billion mark.
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.
According to Wifi Dabba CEO and founder Karam Lakshman, India's rapid digital growth has outpaced its broadband infrastructure, leaving hundreds of millions without stable access. He believes decentralized networks may offer a way to bridge that gap, using global capital, local deployment partners, and tokenized incentives to scale internet access cost-efficiently.
BONK's descending channel highlighted the bearish trend and the attempted consolidation around the 2024 low.
BONK is trading at a key high time frame support level while showing signs of a potential trend reversal.
Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.00035 by the end of 2025. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.
BONK could be ready for another leg up.
A closely followed crypto analyst believes one meme token operating on Solana (SOL) is in the early stages of a market recovery. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that he's bullish on the memecoin Bonk (BONK).
FARTCOIN is gaining momentum, potentially reshuffling the Solana memecoin leaderboard.
As the net capitalization of the cryptocurrency segment is growing, meme coin holders benefit. Bonk (BONK) is attempting to blast past the $1 billion cap yet again while Pengu (PENGU) and Dogwifhat (WIF) meme coins are also posting double-digit gains overnight.
Bonk (BONK), the popular Solana-based meme coin, is on the verge of a massive price crash. This bearish outlook emerges during a period when major cryptocurrencies are experiencing massive sell-offs and price crashes.
Altcoin prices bounced back as some investors bought the dip following the recent crypto Black Monday, when most of them crashed.
The realized cap helps highlight BONK's investor losses, and plummeting on-chain activity gives little hope of recovery.
The cryptocurrency market experienced significant volatility late Wednesday and early Thursday. As such, several altcoins, including Hyperliquid, Berachain, and Bonk, crashed by double digits. Furthermore, Bitcoin (BTC) gave up gains from above $88k. Notably, markets remained jittery after US President Donald Trump's “Liberation Day” announcement. The global market cap has dipped 3% to $2.
Bonk (CRYPTO: BONK) is up 5% on Wednesday, with traders anticipating the rally to continue further. Cryptocurrency Price Gains +/- Bonk (CRYPTO: BONK) $0.00001259 +4.7% Dogecoin (CRYPTO: DOGE) $0.1759 +1.1% Shiba Inu (CRYPTO: SHIB) $0.00001281 -1.3% What Happened: Crypto trader Cold Blooded Shiller pointed out that BONK has experienced a massive sweep of the lows, testing a historically significant level.
The crypto market crawled back slightly on April 1 as investors bought the dip after a brutal quarter in which Bitcoin and Ethereum dropped by 12% and 45%, respectively.
BONK's decline is likely to extend as sentiment shifts.
As cryptocurrency market keeps losing value, the meme coin segment is under pressure. Bonk (BONK), a large-cap dog coin, is amid the worst performers today in the top 100.
Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.
Exchange Art will soon feature Bonk as a supported cryptocurrency among other changes.