Token

Based

Solana

World

<p>The Solana ecosystem shows healthy growth with the recent updates and developments in Token 2049. Further, the SOL had more <a href="https://x.com/LunarCrush/status/1838423763706322979" target="_blank" rel="noopener noreferrer nofollow">social engagement</a> over the last six months than Ethereum. Will this recovery propel the Solana meme coins to a new height next month, in Uptober’s rally? Read this analysis for details.</p>  
<h2 class="wp-block-heading" id="h-must-buy-solana-meme-coins">Must Buy Solana Meme Coins:</h2>  
<h3 class="wp-block-heading" id="h-gigachad-giga">Gigachad (GIGA)</h3>  
<p>With a rounding bottom reversal in the daily chart, the Giga token shows a bullish recovery at play. Following the pullback from $0.026 to $0.013, the intense 47% pullback takes a bullish reversal.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfMc9ZrR8Een0cWBcmK8HI3thkwpWjRWT-tCM46vSPWv_8F27XKnpdt-Fjm9jQdnl4OisN6RKucIB-WbECHN0yqbHSU6nD1-kFYz32TmygvmlgG27m95ZZ5F0sEa8gof-mGFlGgpPUrw14mEN6V6b2zt0k?key=IkaJvZwtUWI1P2PbMlOS1A" alt="Solana Meme Coin: GIGA Price Chart">
</figure>  
<p><a href="https://www.tradingview.com/x/aJ59lB9k/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a></p>  
<p>Over the last 17 days, it has increased by 50% to reach the $0.020 mark. Currently, it is forming a second consecutive bullish candle with an intraday gain of 4.35% following the 7.24% jump yesterday.&nbsp;</p>  
<p>The rounding bottom's neckline coincides with the 50% Fibonacci level at $0.021. Hence, a bullish breakout of the trend-continuation pattern could result in a massive upside surge.&nbsp;</p>  
<p>Based on the trend-based Fibonacci levels, the upside target for a Giga token stands at $0.0266 and $0.030 at 78.60% and 100% Fibonacci levels, respectively. In the longer term, if the broader market recovery prolongs the bull run in the Giga meme coin, the upside target of $0.040 is a potential price target. Hence, the massive upside makes GIGA a must-buy Solana meme coin.</p>  
<h3 class="wp-block-heading" id="h-cat-in-a-dogs-world-mew">Cat in a Dogs World (MEW)</h3>  
<p>With a market cap of $486 million, the Cats in a Dogs World meme coin saw a massive surge of 32.59% over the last seven days. The MEW token currently trades at $0.00549, with an 11% surge over the last 24 hours.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfesB_RsCGSCpgsQWRJXx0qUAvxZo9KIG-E7uV9qPOrrzF6jOsftsk3up3gAZ5Y8coKVaZZ_7R0nndm64h_1km2jU6ktyoG4LVyCkCk3JpGqSUtBnNgzM7UqlYC57XvCOj-PM-Mwscr8uKaE74R3FfHEG0?key=IkaJvZwtUWI1P2PbMlOS1A" alt="Solana Meme Coin: MEW Price Chart">
</figure>  
<p><a href="https://www.tradingview.com/x/OV2QQMLr/" rel="noopener noreferrer nofollow">Trad</a><a href="https://www.tradingview.com/x/OV2QQMLr/" target="_blank" rel="noopener noreferrer nofollow">i</a><a href="https://www.tradingview.com/x/OV2QQMLr/" rel="noopener noreferrer nofollow">ngview</a></p>  
<p>In the daily chart, the massive bullish engulfing candle of 16% jump yesterday undermines the 3-day pullback. Currently, the recovery rally takes support from the 50-day EMA and challenges the 61.80% Fibonacci level at $0.0056385.&nbsp;</p>  
<p>Furthermore, the bullish reversal in MEW tokens targets the 78.60% and 100% Fibonacci levels at $0.0065 and $0.0077. The MEW price action reveals an inverted head-and-shoulder pattern forming within the neckline and landing at the 61.80% Fibonacci level.&nbsp;</p>  
<p>The bullish trend in the MACD indicator projects the possibility of an upside breakout. On the flip side, the crucial support for Fibonacci levels is present at 50% and 38.20% at $0.004986 and $0.00433, respectively. Hence, the massive upside makes MEW a must-buy Solana meme coin.</p>  
<h3 class="wp-block-heading" id="h-ponke-ponke">Ponke (PONKE)</h3>  
<p>With a massive surge of 27% over the last seven days, the PONKE token is trading at $0.3468. With a price jump of 8.93% in the past 24 hours, the meme coin is close to attaining the $200 million market cap.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcFFq37f6wDtmCaKRIlft6aUGmu0_c3a0XebQEh2Yn5YeO34y-8W_kk3m9mVVY57mxDviI24BBAyKdGhlULy7NVBEoQDAP6LYOciy-b7qEuuNPWx1yQW8Fy8exOApY0cz7dv3uhgnzQSwWhetjg385FikI?key=IkaJvZwtUWI1P2PbMlOS1A" alt="Solana Meme Coin: PONKE Price Chart">
</figure>  
<p><a href="https://www.tradingview.com/x/rmaGSwHG/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a></p>  
<p>In the daily chart, the recovery rally in the PONKE token shows a rounding bottom reversal with a neckline at $0.36. Furthermore, the bullish revival surpasses the 50% 50-day EMA with a high possibility of an uptrend continuation.&nbsp;&nbsp;</p>  
<p>Based on the Fibonacci levels, the upside price targets for PONKE stands at $0.45 and $0.69. Hence, the trend of reversal chances for PONKE makes it a must-buy Solana meme coin.</p>  
<p>Wondering if the Solana ecosystem boosts SOL price beyond $200? Find out in <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Coinpedia’s SOL price prediction</a> for 2024 and beyond.</p>

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