Release: 2024/07/02 23:34 Reading: 381
Despite recent market downturns, cryptocurrencies have exhibited resilience, with memecoins demonstrating notable strength over the past week.
Known for their humor and viral popularity, memecoins have gained significant market presence. Among them, BRETT and BONK have emerged as bullish performers.
Influenced by internet culture and community enthusiasm, these memecoin titans have proven their ability to thrive even during market downturns.
Solana-Based BONK Shows Upside Potential
At the time of writing, approximately 649,000 wallets hold BONK.
отличаясь от других мемов, BONK активно развивает новые продукты и проекты связанные с NFT. Кроме того, он принимается в качестве оплаты в нескольких проектах Solana, где можно расплачиваться бонками за мятные NFT.
Last week, the token made a surprising rebound, surpassing key moving averages. Trading at $0.0000265 at press time, BONK has witnessed an intraday surge of over 10.28%, indicating bullish momentum on the chart.
A tweet from @Coinguru suggests that BONK may be poised for another bullish wave:
"When memecoin exhaustion hits, it usually results in the first mover sending incredibly hard to kickstart a second szn (Similar to Feb PEPE move) Higher for longer on $BONK pic.twitter.com/Atq1yQDYQn"
BONK is positioned for further gains and could potentially reach the $0.00003000 mark in the coming sessions.
Keep an Eye on Base Network's BRETT
Launched on the Base network, BRETT is a meme coin featuring Matt Furie's Boys' Club comic character. After its introduction in February 2024, BRETT quickly became the largest meme coin on Base in terms of market capitalization and gained prominence as BAYC's PEPE's friend on BASE.
At press time, BRETT was trading at $0.1649, exhibiting an intraday gain of 3.28%, reflecting positive sentiment on the charts.
Source: TradingView
BRETT has maintained an uptrend, steadily securing gains in its upward trajectory. This makes it a strong contender for outperformance in future trading sessions.
Despite reaching a new ATH this month, the memecoin still holds potential for further gains and may continue its rally.
Disclaimer
This article is solely for informational purposes and does not offer financial, investment, or other advice. Neither the author nor any individuals mentioned in this article assume liability for financial losses incurred from investments or trading based on the information provided. Please conduct thorough research before making any financial decisions.
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