- BONK surged 140%, igniting a broader meme coin rally that lifted DOGE, SHIB, and PEPE with double-digit gains.
- Solana benefits indirectly, as its meme coin ecosystem attracts new investors seeking low fees and speed.
- Market sentiment shifts risk-on, with speculative tokens outperforming majors in the early phase of this altseason.
BONK’s Massive 140% Rally Signals New Wave of Speculative Momentum
Meme coin BONK has rocketed over 140% in just days, igniting fresh excitement across both speculative tokens and major altcoins. This explosive breakout comes as altseason accelerates and traders rotate into high-beta plays.
BONK’s price action has been driven by a mix of increased exchange listings, surging community engagement, and renewed whale activity. As BONK hits a six-month high, other meme coins and altcoins are quickly gaining tractionmany still undervalued compared to their previous highs.
BONK (BONK) The Comeback King of Meme Coins
BONK’s recent run has revived its status as one of the most explosive meme tokens of the year. With $1.45B in 24-hour volume and its market cap now at $2.74B, BONK is rapidly approaching the meme coin elite. Built on Solana, BONK benefits from ultra-fast transactions and a highly active community. Analysts now expect a possible retest of $0.000065, BONK’s all-time high, if bullish momentum continues.
Dogecoin (DOGE) Strength Returns to the Meme King
Dogecoin jumped more than 22% this week, breaking out of a multi-week downtrend as sentiment turned risk-on. Elon Musk’s renewed focus on X’s payment system and possible DOGE integration has re-energized holders.DOGE is currently trading around 0.17, and traders are closely watching for a breakout past $0.20 to confirm a long-term bullish reversal. Volatility remains elevated, with open interest building in derivatives markets.
Shiba Inu (SHIB) Quiet Accumulation Before Next Leg?
SHIB has seen a 35% jump in just five days, bolstered by growing adoption of Shibarium and consistent token burns. With more than 41% of the SHIB supply now burned and the ecosystem expanding into DeFi and gaming, SHIB is evolving beyond its meme status. A push toward $0.00003 could occur if BONK’s momentum spills over into SHIB’s chart. Whale inflows are also increasing, according to on-chain data from Lookonchain.
Solana (SOL) BONK Boosts the Network
BONK’s surge is indirectly powering Solana, whose strong on-chain activity and low gas fees have drawn in new users.SOL is up 17% this week and is now trading around $185, showing clear strength even during a broader market retracement. As meme coin interest builds on the Solana chain, analysts are setting targets between $210–$225 short-term.
Pepe (PEPE) The OG Frog Rides Again
Pepe (PEPE) is riding the meme wave, gaining 50%+ this week as BONK’s rise reinvigorates appetite for high-risk assets. With new listings and social momentum peaking, PEPE remains one of the most volatile but potentially profitable meme coins. It has reclaimed a $1.5 billion market cap and could break its May 2023 ATH if the current rally sustains.