Amid speculations of an upcoming market rally, popular meme coins such as Bonk have continued their growth trajectory. The Solana-based meme coin
Solana meme coins have continued their growth trajectory amid speculations of an upcoming market rally, البعض منها, such as Bonk, have shown promising signs of a breakout. Here's a look at two Solana meme coins that analysts are bullish on and why you should consider investing in them in Q3 2023.
Solana Meme Coins Set for Massive Rallies as Key Market Indicators Flash Buy Signal
Solana meme coins have been some of the best performers in the crypto market this year, despite the bearish trend. These meme coins, known for their community-driven nature and unique use cases, have attracted a lot of attention from both retail and institutional investors.
Now, as the crypto market shows signs of an upcoming rally, Solana meme coins are once again expected to lead the charge. Key market indicators, such as the Fear and Greed Index and the Total Crypto Market Cap, are currently showing a “buy” signal. This indicates that the market is bottoming out and is preparing for an upswing.
Solana meme coins are also expected to benefit from the upcoming launch of the Solana Mobile Stack. This new initiative from Solana is aimed at bringing Web3 to mobile devices and will make it easier for people to use and interact with Solana meme coins.
With all of these factors in mind, here are two Solana meme coins that analysts are bullish on and why you should consider investing in them in Q3 2023.
Angry Pepe Fork Unique Staking Model Could Trigger Buying Frenzy
Solana meme coins came in droves in the past few months, but Angry Pepe Fork is here on a mission to conquer the zombie meme coins with no real utility or meaningful community. It is a project for rebels and renegades who are tired of the status quo. Unlike Bonk and Dogwifhat, Angry Pepe Fork is a utility-based meme coin.
The utility token of the ecosystem is called APORK. There are two ways individuals can earn more tokens: the conquer-to-earn model and the staking pool. You can earn through the conquer-to-earn model by taking part in community events, quests, raids, etc. As for the staking model, you can buy and stake your tokens right in the presale.
One key takeaway from this project is the 1.9B strict supply, which will ensure price stability in the future. Meanwhile, APORK is sold for just $0.02518. Having been audited by SolidProof and with plans to add more utilities through partnership, APORK could become the next Pepe Coin. As such, analysts project 10x rallies in the coming weeks.
Bonk Price Prediction – Analyst Back Meme Coin To Rally
Solana-based meme coin Bonk has shown promising signs of a breakout, despite showing a steady decline in the past few months. CoinMarketCap data shows the price of Bonk has increased by 8% in the past week.
For some days, Bonk’s trading volume has been consolidating between $80 – $100M on a daily average. Tradingview data shows that Bonk coin price is trading below the 50-day and 20-day EMA with a bearish market sentiment.
The latest Bonk news shows that the meme coin has entered into a partnership with German team Borussia Dortmund to enhance fans’ experience. With the ongoing partnerships, analysts believe that the Bonk price will head to the moon soon. According to Coincodex, the meme coin price will hit $0.000055 in the coming weeks, making it a crypto to invest in.
Why You Should Invest in These Meme Coins
Although the crypto market is facing bears, Bonk and Angry Pepe Fork are some of the promising crypto projects worth investing in Q3. Angry Pepe Fork’s unique conquer-to-earn model could make it more profitable in the long run.
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