Satoshi

Solana

Bonk

dogwifhat

Coin

<p>Will the recent pump in <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">Solana (SOL) </a>prices ignite a new meme coin frenzy within the Solana ecosystem? This question is on the minds of many crypto enthusiasts as several Solana-based meme coins have started to follow the trajectory of their parent blockchain.</p>
<p>While top cryptocurrencies like Bitcoin and <a href="https://captainaltcoin.com/ai-crypto-coins-prices-pumping-following-cpi-report-render-rndr-and-near-protocol-near-lead-the-way/" target="_blank" rel="noopener noreferrer nofollow">AI-focused tokens rallied</a> following yesterday’s favorable Consumer Price Index (CPI) report, Solana meme coins initially lagged behind. However, today’s 13% surge in SOL prices seems to have sparked a ripple effect, with <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins like Bonk (BONK) rising 7%, Bome (BOME) gaining 16%, and dogwifhat (WIF) trailing with a modest 2% increase.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ripple-sees-over-110000000-xrp-whale-accumulation-rare-indicator-that-never-fails-suggests-the-price-could-hit-3/" target="_blank" rel="noopener noreferrer nofollow">Ripple Sees Over 110,000,000 XRP Whale Accumulation: Rare Indicator that “Never Fails” Suggests the Price Could Hit $3</a></em></strong></p>
<h2 class="wp-block-heading" id="price-action-correlation-between-bonk-and-dogwifhat-wif">Price Action Correlation Between BONK and dogwifhat (WIF)</h2>
<p>This price action is not surprising, given the historical correlation between Solana’s performance and the fortunes of its meme coin ecosystem. Between September and December of last year, when SOL spiked by 600%, Bonk skyrocketed by more than 14,000%. Many other projects within the Solana community also experienced massive gains during this period.</p>
<p>Similarly, during January and March, when Solana rose by 160%, WIF saw a 5000% spike in value. These historical data points suggest that a sustained rise in Solana’s price could potentially trigger a meme coin rally within its ecosystem. As the parent blockchain continues to gain momentum, its associated meme tokens may follow suit, capturing the attention of investors and traders alike.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="464" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-1024x464.png" alt="" class="wp-image-491730" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-1024x464.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-300x136.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-768x348.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-1536x696.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-2048x929.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-331x150.png 331w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-772x350.png 772w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453-788x357.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-453.png 1824w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>While the meme coin phenomenon has been met with skepticism by some, its ability to generate substantial returns cannot be ignored. The interplay between established blockchains like Solana and their meme coin offshoots will undoubtedly be a fascinating dynamic to watch.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/will-sol-price-pump-lead-to-a-new-solana-meme-coin-rally/" rel="noopener noreferrer nofollow">Will SOL Price Pump Lead to a New Solana Meme Coin Rally?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Will SOL Price Pump Lead to a New Solana Meme Coin Rally?

Table of Contents

CaptainAltcoin

Other articles published on May 16, 2024

Binance To Remove NOT/BTC Trading Pair Amid Compliance Check Concerns

Ripple Faces Challenges Above $0.51

Bonk Gains Traction with Bithumb Listing

Bitcoin ETF Reporting Deadline Ends With A Bang: Major Institutions Buy Big

How and when to sell your crypto: A simple guide

Hedge Fund Millennium Management Reveals $2 Billion Holdings Across Five Spot Bitcoin ETFs

Join our free newsletter for daily crypto updates!