Despite Bitcoin reaching a new ATH (all-time high) of $94,000, the expected movement in the altcoin market has not yet materialized. However, meme coins Bonk (BONK)$BONK

and Brett (BRETT) are drawing attention with their independent bullish movements. BONK’s token burn and BRETT’s upward trend strengthen the potential of both tokens to reach new highs.

Bitcoin (BTC) reached its highest level in history by reaching $94,000. However, this record did not create the expected domino effect in the crypto market. While Bitcoin's increasing market dominance puts pressure on altcoins, some altcoins and meme coins are gaining attention by showing an increase on their own. The two names that stood out in this movement were Bonk (BONK) and Brett (BRETT).

Bonk, which has been seeing a huge buying volume lately, managed to reach a new ATH of $0.00005916. This rapid increase was achieved amidst the positive mood of the market. Although the bears tried to create selling pressure, the bulls managed to control the market by keeping the rally above $0.000055.

Token Burn and Potential Upside
Bonk’s DAO recently announced that 1 trillion tokens were burned. This supply reduction had a positive impact on the price, supporting the rise. Technical indicators also suggest that this rise may continue. Bonk’s price is expected to reach the 1.2 Fibonacci level at $0.00005817 and rise to $0.00007.

Brett Price Analysis: Is New High On The Way?
Brett (BRETT) is very close to its ATH of $0.19 with its recent price action. Currently trading at $0.17, the token could reach a new ATH with just a 9% increase. Market sentiment and technical indicators predict that the price could break above $0.2.

Rising Trend Line and Technical Indicators
Brett’s price remains above the ascending trendline and the bulls are exerting strong buying pressure. Although the DMI (+DI) is giving bearish signals, the OBV (On-Balance Volume) level remains high, suggesting that buyers are active in the market and there is enough momentum for an upside.

After testing the $0.15 support level, Brett staged a strong recovery and could reach a new high above $0.2. This move could trigger the start of a new bullish wave in the market.