Bonk, dogwifhat, JetBolt, and Pepe: Best Meme Coins in 2023

The meme coin space is a fun and exciting field of tokens heavily relying on social media hype and community following for value and growth.

Amid the reignited meme coin frenzy, crypto whales are spotted pumping their best meme coin picks for the week: Bonk, dogwifhat, JetBolt, and Pepe. Some meme coins have evolved from being mere hype and humor-driven initiatives to becoming significant market players, at least in the cases of Bonk, dogwifhat, and Pepe.

In their midst is the young altcoin JetBolt (JBOLT), which continues to grab the attention of buyers and crypto whales with its AI-powered utility, zero-gas tech, and other Web3 innovations, on top of its memetic appeal. JetBolt’s presale keeps spiraling upward, with over 280 million tokens already sold since its launch.

So why are crypto whales keeping these four hot tokens on their radar? Read on as we unpack the latest on these four trending meme coins.

Bonk: Is BONK on a bullish breakout?

Despite being the second-biggest meme coin on Solana now after $TRUMP, the recently launched official meme coin of President Donald Trump, Bonk (BONK) is posting an all-green chart at the time of writing. Currently trading at $0.0000332, BONK has climbed 15% in the last 24 hours and has increased 22% over the past week. Bonk’s market cap now stands at over $2.55 billion.

This robust performance came following the filing for a Bonk ETF by Rex Shares, an asset management firm with over $8 billion in assets under management. The company also submitted applications for other crypto ETFs linked to Ethereum, Bitcoin, Solana, XRP, Dogecoin, and $TRUMP. Although it remains uncertain whether the SEC, now headed by pro-crypto Commissioner Paul Atkins, might approve funds for meme coins like Bonk.

According to some analysts, Bonk has formed a falling wedge chart pattern, a well-known bullish reversal setup. Having surpassed its 50-day and 100-day moving averages, BONK is now forming a bullish engulfing candlestick pattern. This indicates that a bullish breakout seems likely, suggesting further gains ahead. The next key level to watch is its 2024 high of $0.000060, which indicates a potential upside of 77% from its current price.

dogwifhat: Is WIF starting to rebound?

With its playful origins in pop culture, inspired by the viral photo of a Shiba Inu dog wearing a pink beanie hat, dogwifhat (WIF) made headlines as the first Solana-based meme coin to be listed on Robinhood’s trading platform. With its humorous branding and Solana’s fast speed and low fees, WIF has now grown into a billion-dollar investment, with over $1.4 billion market cap.

But unlike its fellow Solana-based meme coin Bonk, dogwifhat (WIF) has been experiencing a downtrend lately, dropping by over 22% in the past two weeks and dipping below 7% in the last seven days. In a seemingly rebound move, WIF has climbed 5.4% in the last 24 hours, settling at $1.43 as of press time.

An analyst noted that WIF appears positioned for a potential rebound, as it is trading within a parallel channel. This channel indicates that the price is fluctuating between established support and resistance levels. At the time of writing, WIF had reacted to the support level and started moving higher. However, the chart pattern suggests that it may continue to consolidate near the lower support level before making a significant upward move.

JetBolt: Captivating meme space with innovative technologies, Web3 solutions

With a presale presence that’s hard to miss, the dazzling altcoin JetBolt (JBOLT) is sharing the meme spotlight with BONK, WIF, and PEPE. While attracting meme coin enthusiasts with its futuristic, yellow cat token mascot, JetBolt is more than just the traditional meme coin—it's an innovative altcoin offering game-changing features and practical utilities.

One of JetBolt’s groundbreaking features is zero-gas technology. Operating on the Skale Network, this breakthrough eliminates gas fees, enabling users to enjoy multiple zero-gas transactions. This unique feature also serves as a gateway for developers to build SocialFi, NFTs, and Web3 projects without the hassle of paying hefty gas costs that typically slow down blockchain innovation.

JetBolt also comes with a modern utility that delivers fresh content and the latest crypto news through its advanced crypto tool powered by artificial intelligence. Additionally, JetBolt has a socially enhanced staking model, designed to benefit users with reward tokens for staking while connecting with others on the platform.

Beyond the amazing features, there are also attractive presale incentives early participants can grab, including daily price increases and the exclusive Alpha Box bundles that grant up to 25% bonus tokens for batch