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Solana Meme Coins Skyrocket: Bonk, Fartcoin and SPX6900 Among The Top Performers
Solana meme coins saw strong green candles late on Wednesday and Thursday, once again establishing themselves as the best cryptos to invest in for this bull cycle
Bonk has posted the highest gains of any top 100 cryptocurrency on CoinMarketCap over the past 24 hours, up by nearly 22%. Meanwhile, SPX6900, Fartcoin and Dogwifhat have also recorded double-digit gains
Wednesday’s rally is proof that smart money investors continue to view Solana meme coins as beta bets on SOL.
The Solana price has climbed to $153, driven by the debut of its first ETF, surging institutional demand, and a wave of new SOL treasury firms
Solana Meme Coins Soar, How High Can They Go?
The broader market outlook is ideal for a massive rally in the Solana meme coin sector
The first Solana ETF, REXShares’ SOL plus staking ETF, went live today and has impressed prominent analysts. Bloomberg analyst Eric Balchunas noted that its $33 million day one trading volume is significantly higher than the average ETF launch
Meanwhile, the spot Solana ETFs are expected to receive the SEC’s approval imminently as well. Experts, including JPMorgan analysts, project that they will see a cumulative inflow of $3 billion to $6 billion in the first year
Solana CME futures open interest has surged to a record $167 million following the launch of the first US staking ETF, signalling growing institutional demand for regulated SOL exposure.
With the Solana price poised for a major upside move, SOL-based meme coins are front-running the rally
For instance, the Bonk price has appreciated by nearly 24% since Wednesday, breaching its macro downtrend as well as the key $0.0000142 resistance level. Currently trading at $0.000017, BONK is attempting to flip the $0.0000208 and $0.000024 resistance levels, which would kickstart a massive rally
Legendary trader Bluntz has projected a 100% appreciation in the Bonk price in the coming days
SPX6900 is ready for another all-time high, while Fartcoin is attempting to breach the $1.24 – $1.40 resistance zone, both showing significant bullish strength in the process
Popular Solana meme coin Dogwifhat (WIF) has also breached its macro downtrend
Currently trading at $0.94, it appears to be gearing up for a rally to $1.40, especially if it manages to flip the $1 and $1.20 resistance levels. Analysts remain confident that WIF will form a new all-time high in the coming weeks
New Meme Coin Snorter Called The Next 100x Crypto
Savvy traders continue to keep an eye peeled for new Solana meme coins
For instance, the new Useless Coin has rallied by nearly 5500% over the past month, with experts anticipating a rally to $500 million market capitalization
Meanwhile, the all-new Snorter (SNORT) has also caught the attention of smart money investors, having already raised over $1.5 million in its ICO
SNORT is the native token of the Snorter Bot, the fastest Solana sniper and crypto trading bot on Telegram
The project is designed to level the playing field between the retailers and the whales. Snorter users will now have access to the same speedy execution, automation and sophistication that whales have relied on to reap millions in profits
At its core, Snorter is a sniper bot with sub-second execution. Users simply input the contract address, and the bot scoops up the tokens the moment liquidity appears, helping them catch the early explosive rally before the crowd.
Besides its sniping capabilities, Snorter lets users set limit and stop-loss orders, copy top traders in real time, and track their portfolio with live PnL directly inside Telegram. It also scans tokens for scams and routes trades through MEV-resistant relayers for safer execution.
Notably, Snorter is also the cheapest crypto trading bot on the market, charging just 0.85% trading fees for SNORT holders
Considering the strong demand for the Snorter Bot, it is no surprise that savvy investors are investing early in SNORT. Many are even viewing it as the next 100x crypto
Visit Snorter Presale
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