Bonk

dogwifhat

Popcat (SOL)

<p><strong>Date: </strong>Sat, Oct 05, 2024, 06:08 AM GMT</p><p>The cryptocurrency market is experiencing a much-anticipated &#34;Uptober&#34; following an initial sell-off at the start of October, driven by geopolitical tensions. Bitcoin (BTC), which had dipped to $60K, has now bounced back, trading at $62K. This resurgence in BTC has sparked a rally in altcoins, including memecoins, with Solana-based tokens showing significant gains. Memecoins like Popcat (POPCAT), Dogwifhat (WIF), and Bonk (BONK) are particularly standing out and could see further gains next week.</p><p>Here’s a closer look at the top 3 Solana-based memecoins to watch:</p><h3 id="1-dogwifhat-wif">1. Dogwifhat (WIF)</h3><p>Dogwifhat (WIF) has emerged as a standout memecoin on the Solana network, posting impressive gains of 51% over the past 30 days. Despite facing a pullback from a high of $2.66 on October 1st due to panic selling, WIF quickly recovered from a key support level at $1.97. It is currently trading at $2.37, signaling strong growth potential. With the next resistance level at $2.69, WIF could see an additional 12% upside from its current price in the coming days.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2163b7f50c3c42d6a5ee385fa0e72ac9.png" /></p><h3 id="2-popcat-popcat">2. Popcat (POPCAT)</h3><p>POPCAT is currently the market favorite. Over the past 24 hours, POPCAT has surged by more than 20%, reaching a new all-time high of $1.25. This rally follows a long-awaited breakout from the $1.04–$1.07 resistance zone, a level that the token had struggled to breach for over 10 days. Today, it finally succeeded, igniting excitement among investors.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/ac7a1218206c413c8f4d2ec284312f66.png" /></p><p>This breakout signals the possibility of further gains for POPCAT. With momentum building, a potential rally of another 15% is expected, although some profit-taking could occur. Historically, <a href="https://coinsprobe.com/only-42-cryptos-outperform-bitcoin-in-2024-memecoins-dominated-as-pepe-and-wif-in-top-10/" rel="noopener noreferrer nofollow">POPCAT </a>has been one of the top-performing memecoins of 2024, surpassing Bitcoin and many other tokens in terms of gains, reinforcing investor confidence in its future performance.</p><h3 id="3-bonk-bonk">3. Bonk (BONK)</h3><p>Bonk (BONK), the second-largest memecoin by market cap on Solana, surged over 29% in the past week. Like WIF, BONK experienced a sharp decline after reaching a high of $0.00002609, but it managed to bounce back from support at $0.00001959. Now trading at $0.00002147, BONK shows promise, with its next resistance level set at $0.00002609, offering a potential 32% upside from current levels.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/f86d4c39394445f5835ded3d0e1478ac.png" /></p><h3 id="final-thoughts">Final Thoughts</h3><p>While these Solana-based memecoins look set for potential gains, it&#39;s essential to monitor the broader market, especially Bitcoin’s price movements. BTC is currently holding above the $60K support level, but ongoing geopolitical tensions, particularly between Iran and Israel, could impact the market at any moment.</p><p><strong>Disclaimer:</strong> This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.</p><p><strong>Also Read: </strong><a href="https://coinsprobe.com/if-you-invest-500-in-this-dogecoin-challenger-today-it-could-be-worth-1m-by-2025/" rel="noopener noreferrer nofollow">If You Invest $500 in This Dogecoin Challenger Today, It Could Be Worth $1M by 2025.</a></p>

Top 3 Solana-Based Memecoins to Watch Next Week: WIF, POPCAT, or BONK—Who Will Lead the Rally?

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