Solana’s possible surge to $100 and what it means for BONK and Memeinator

• Solana value is up 30% in 24 hours as bulls look to strengthen above $70.
• In the meantime, Bonk (BONK) has hit a brand new all-time excessive amid the bullish SOL outlook.
• Is the Memeinator (MMTR) prone to profit from a resurgence in meme cash like Bonk? 

Solana traded to above $72 on Friday morning, with SOL value gaining greater than 13% prior to now 24 hours to pierce a degree final seen in Could 2022.  Solana’s value was hovering at 19-month highs, with bulls boasting a greater than 800% spike since SOL flipped increased from lows of $8 in late December 2022.

May this surge for SOL cascade to Solana ecosystem meme coin Bonk (BONK)? What would a surging BONK imply for Memeinator (MMTR)?

Solana (SOL) value may surge to $100 in coming weeks

Analysts are predicting the sixth ranked cryptocurrency may proceed an upside trajectory in direction of the $100 mark. 

A have a look at the charts reveals SOL/USD has notched 7 inexperienced weekly candles out of the final 8, and on the month-to-month chart, its 4 consecutive greens for the primary time since SOL rallied increased with 5 straight greens from July to November 2021.

Bonk (BONK)  – Solana-based meme simply hit new ATH

Bonk (BONK) is a Solana-based dog-themed meme coin that has seen important good points over the previous few weeks. Inside the Solana ecosystem, BONK stands out as one of many high performing cash, rising over 200% prior to now week.

Over the previous 30 days, this meme token has jumped over 1,000%. The previous 24 hours have seen BONK rise 30%, hitting an all-time excessive of $0.00001224 on December 8. This got here as buying and selling quantity reached $200 million and up 137% within the final 24 hours.

BONK was launched final yr and struggled for any neighborhood traction because the meme coin area skilled a dip. Nonetheless, with curiosity in Solana rising over the previous few months as buyers took positions across the layer 1 blockchain, BONK benefited.

Ought to the bullish sentiment round Solana proceed, and meme cash like Dogecoin, Shiba Inu sign a return of the meme coin glory days, BONK value may take a number of zeros off the worth degree.

Memeinator value prediction – will MMTR catch the meme coin resurgence?

The Memeinator (MMTR) is a brand new meme token seeking to leverage synthetic intelligence (AI) within the quest to emerge as the highest meme coin. Whereas the token has but to launch, its presale is attracting plenty of consideration from buyers.

Memeinator’s whitepaper highlights potential utility by way of gaming, non-fungible tokens (NFTs), decentralised functions (dApps) integration and staking. As alluded to on the presale web page, the MMTR is a token designed to scrub the meme coin world by concentrating on weak meme tokens.

The mission hopes to seize a $1 billion market cap by overtaking low or no utility. This has the investor neighborhood primed, with a resurgence in meme cash like Pepe, Bonk and Floki possible the rationale the Memeinator presale has raised over $1.75 million already.

Latest updates like an enormous 129 million MMTR burn and launch of staking is prone to see additional curiosity because the presale strikes in direction of a detailed.

As soon as it launches on main exchanges, the worth of Memeinator may rise considerably, with consumers who get in on the present $0.014 value doubtlessly including to the 250% improve the token will see by means of the remaining presale phases because it rises to $0.049.  

If market situations align for a bullish rally in 2024 when MMTR launches, this token may goal $0.1 within the yr and $0.5 to $1 by finish of 2025.

Discover out extra earlier than you make investments on the Memeinator social media pages or their web site.