šŸ¶šŸ”„Next Top 2 Meme Coins with big breakout potentialšŸš€šŸš€

Bonk (BONK): Riding the Path of Recent Gains

Bonk ($BONK ) has seen a notable surge of 18.77% over the past week, with the token now trading at $0.00002126. This recent uptrend follows a period of volatility, where BONKā€™s price dipped to $0.00001672. Analysts are optimistic about the coinā€™s future, citing its breakout from the first wave of the Elliott wave cycle. The third wave, often marked by the strongest upward momentum, could push BONK towards $0.000027.

The increase in trading volume, up 17.7% to $225 million, signals growing investor interest. With the market capitalization rising to $1.48 billion, BONK appears poised for further gains. Analysts predict that BONK could make significant strides, potentially revisiting previous highs and surpassing them. This potential makes BONK a strong candidate for those looking to capitalize on meme coin trends.

Shiba Inu (#SHIB ): Accumulation Phase with Bullish Potential

Shiba Inu ($SHIB ) has recently gained traction, with its price climbing to $0.00001426. This represents a 5.9% increase over the last 24 hours and a 14% rise over the past week. Despite this, SHIB remains in what analysts describe as an accumulation phase, marked by low volatility. The current trading volume has surged by 76% to $307 million, indicating a strong buildup.

Analysts employing the Wyckoff Method have noted that SHIB is experiencing a similar accumulation phase to the one observed in late 2023. This previous phase led to a 330% price increase in early 2024. The current analysis suggests SHIB could follow a similar trajectory, potentially reaching $0.00005. With the asset showing signs of a bullish trend, SHIB could be a valuable addition to any meme coin portfolio.