đ¶đ„Next Top 2 Meme Coins with big breakout potentialđđ
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 BONKâs price dipped to $0.00001672. Analysts are optimistic about the coinâs 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.
