Since the surge of Dogecoin, meme coins have attracted investor interest with their explosive returns, community support, and easygoing background. Shiba Inu made miracles during the bull market of 2021, and now, the cryptocurrency market is on the brink of another round of rebounds. PEPE shows enormous potential, while BONK has profited greatly from the hype around Solana meme coins. However, which meme coin will deliver 1000x returns, making visionary investors cryptocurrency millionaires? Are there other safer options? Let's find out.
Meme coin surge: PEPE turns bullish, breaking through 26% week-over-week.
Following the tremendous success of Shiba Inu, PEPE has begun to focus on meme culture and has since dominated the space. In less than a year and a half, PEPE has risen to become the third-largest meme coin by market capitalization, behind only DOGE and SHIB.
Currently, PEPE remains an undervalued meme coin, with the recent bull market pushing its value up 26% week-over-week. Despite market uncertainties, PEPE's community-focused 'by the people, for the people' core spirit remains its biggest draw.
On the price charts, analysts point out that a bullish triangular flag pattern could push the PEPE price up 200% from current levels. RSI and MACD indicate that significant buying pressure supports the bullish narrative. Additionally, whale activity has also increased significantly, with transaction volumes of $100,000 and above hitting new highs.
BONK's bull market: Analysts optimistic about Solana meme coin's rise, with strong momentum.
BONK is another top meme coin contender, consistently attracting the attention of meme enthusiasts and investors. The premier Solana dog meme coin is riding the wave of success from Solana meme coins. After hitting an all-time high of $0.00004704 in March, it fell to $0.000012 by April.
However, BONK has made a strong comeback, currently hovering above $0.000025, reflecting a 21% week-over-week increase. Analysts expect BONK to see significant growth next year, especially considering its unique position on Solana. Coupled with positive technicals and fundamentals, a perfect picture is painted for BONK in 2025.
Whale returns, as the recently launched BONK ETP product (the first meme coin product) has led to a surge in institutional interest. This makes BONK a pioneering meme coin and a great highlight that could create cryptocurrency millionaires in the next round of rebounds.
Can the explosive growth of meme coins create the next batch of cryptocurrency millionaires?
Meme coins and their explosive growth have become an integral part of internet culture. However, it is undeniable that their speculative frenzy can also bring volatility. It is well known that innovation is key to cryptocurrency success, which is why Lunex Network stands out. Its fusion of value and purpose has attracted the attention of DeFi and meme enthusiasts.
Unlike the fleeting nature of PEPE and BONK, Lunex has maintained steady growth with its novel DeFi solution, offering a cross-chain, super-secure asset trading platform. Essentially, Lunex leverages Ethereum's smart contracts to provide a redefined trading experience that goes beyond DeFi limitations.
Technological advancements, user-friendliness, and limitless earning opportunities are the driving forces behind Lunex's recent surge, with a valuation exceeding $2 million. The presale price has skyrocketed to $0.002, and Lunex could become one of the biggest gainers among cryptocurrency millionaires in this bull market.
