Meme Coins Are Back: Ponke (PONKE) and Remittix (RTX) Could Outpace Shiba Inu (SHIB) in the Upcoming Months

As the market is in the green again, meme coins are gearing up for a resurgence. After spending weeks locked in a narrow trading range, Shiba Inu (SHIB)

Shiba Inu (SHIB) has finally broken out of a narrow trading range, recording a substantial increase of over 11% in the last two days. After spending several weeks within this range, SHIB is now rallying once more, to the delight of its holders. However, another meme coin is rapidly gaining traction — Ponke (PONKE) — and analysts believe it could outpace Shiba Inu in the upcoming months.

Meanwhile, a new cross-border payment platform, Remittix (RTX), continues to top headlines, as the presale of the native $RTX token is reaching a viral status. Discover how this outlier could disrupt an entire industry and mint generational gains along the way. 

Shiba Inu Price Analysis: Bound For $0.000025 Resistance

After a recent correction, Shiba Inu has shown recovery signals and is already displaying the early signs of a major rally. SHIB’s price broke out from the trading range around $0.000018, recording over 11% gains in the last two days. Today Shiba Inu trades at $0.000024 and is approaching the key $0.000025 resistance, which if successfully reclaimed, would supercharge Shiba Inu’s bullish momentum.

Shiba Inu’s recent performance is largely influenced by Bitcoin’s recent rally, which saw the primary cryptocurrency finally reclaim $40K. As the market sentiment improves, traders are pivoting towards higher-risk assets, boosting meme coins like SHIB.

However, analysts note that Shiba Inu’s trajectory remains tied to Bitcoin’s performance, which recently rebounded from a critical support level around $38,700. If Bitcoin manages to continue rising and reclaim $45K, we can expect another leg up in SHIB’s price rally.

Shiba Inu’s Token Burn Activity Slowly Rising

In other news, over the past 24 hours, the Shiba Inu token burn rate has increased by 21.76%, with 26.2 million SHIB burned. The meme coin community and Vitalik Buterin have burned a total of 410 trillion SHIB, which now makes up around 40% of the initial supply.

While the rise in burn activity is a positive sign, consistent and substantial burns need to ramp up even more in order to have a real positive impact on Shiba Inu’s price performance. Members of the SHIB army continue collecting and burning tokens from their own wallets.

Shiba Inu’s price is showing strength once again, and if Bitcoin manages to continue rising, we can expect another wave of buying pressure in SHIB. Keep an eye on the $0.000025 resistance level, as breaking through here could lead to a massive rally in the upcoming days.

Ponke Rallies From The Bottom, Teases Major Comeback

Solana-based meme coin, Ponke (PONKE), is slowly recovering from the depths of the bear market, teasing a potential breakout that could lead to massive gains once the meme season kicks off. Envisioned as Pepe’s monkey counterpart, Ponke quickly gained a cult-following with its unique antics, rallying by over 100X last year.

After peaking at $0.84 in November, Ponke entered a steep downtrend that saw nearly 70% of its valuation evaporate. However, Man of Bitcoin is pointing out that Ponke is currentlyᏟtesting a descending trendline that acted as a dynamic resistance since November. A breakout and successful retest from here could finally shift Ponke’s trend.

Over the last few days, Ponke rebounded by 5% and is currently trading at $0.29. When compared to other Solana memes, Ponke has much greater room for growth and could potentially outpace Shiba Inu in terms of gains once the meme season kicks off.

Right now Ponke’s market cap sits at around $160 million, and experts believe that it bears all the hallmarks of a multi-billion meme coin: a strong community, viral potential, and a unique gimmick. If the market continues recovering and traders return to meme coins, we could see another leg up in Ponke’s price.

Solana Memes Set For Another Bullish Wave

After a recent downturn, Solana memes have shown signs of strength once again, teasing another wave of buying pressure. While some meme coins like DogeBonk (DOBO) and Samoyedcoin (SAMO) have already rallied significantly, others like Ponke (PONKE) and DUST still have a lot of room for growth.

With Bitcoin showing strength once again and several upcoming events like the NFT NYC conference, traders are pivoting towards higher-risk assets, boosting meme coins like SHIB and those present on Solana. Keep an eye on these meme coins, as they could mint new millionaires in 202