Amidst the rising price action, Solana price successfully crossed the $155 level with an intraday jump of around 5% and a trading volume of $2.919 billion. Following this, SOL-based tokens also displayed similar action by breaking their key resistance levels.
With the growing adoption of the Solana ecosystem, investors are curious about the possibility of altcoins retesting the ATH of over $260 in the upcoming altcoin market. In this article, we cover the top three Solana-based Meme Coins that have the potential to thrive after Solana hits a new ATH!
Dogwifhat (WIF)
With a 22.81% increase over the past week, Dogwifhat price has surpassed $2. Moreover, with a year-to-date return of 1,350% and a market capitalization of $2.210 billion, this memecoin has taken the 44th position in the global cryptocurrency list.
The Moving Average Convergence Divergence (MACD) indicator shows a continuous growth in the green histogram. Additionally, the SMA indicator supports the price chart. This suggests a bullish outlook for memecoin in the near future.
Sustaining the price above the $2.10 support level could pave the way for WIF price to move towards the upper resistance level of $4 in Q4. However, a bearish trend reversal could drag the price towards the low of $1,240 in the near term.
Cat in a Dogs world (MEW)
Against all odds, Cat in a Dogs World has earned its place in the memecoin universe. With a 666.36% return since its launch, this cat-inspired memecoin has garnered a lot of attention from the crypto community over the past few weeks.
The Relative Strength Index (RSI) is on the verge of breaking out of the overbought range on the 1D timeframe. Additionally, the SMA indicator is recording a bullish growth, which suggests that MEW price may continue to rise in the near term.
If the market continues to favor the bulls, Cat in a Dogs World could move towards the high of $0.008825. Conversely, if the bears regain momentum, the memecoin could retest the low of $0.004090.
BOOK OF MEME (BOME)
BOME price has increased by about 8% in the last 24 hours with a trading volume of $189.74 million. Moreover, it has increased by 7.64% over the past month and has a year-to-date return of 722.26%. Notably, with a market capitalization of $516.62 million, it has taken the 116th position.
The SMA indicator has recorded a bullish crossover in the BOME price chart. Additionally, the MACD indicator has recorded a consecutive green histogram. This implies a positive outlook for the BOOK OF MEME price in the market.
Assuming the bulls regain momentum, this could push this Solana-based memecoin towards the resistance level above $0.0151. Conversely, if the bears regain momentum, the BOME price could continue to exhibit a consolidation price trend.
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