Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Next Memecoins to Explode, March 22 – Bonk, Fartcoin, Dogecoin

bullish:

0

bearish:

0

Share

Highlights:

  • Fartcoin jumps as whales return to the market and top analysts predict a strong push toward new all time highs.
  • Bonk breaks resistance and eyes a rally with bullish wave signals pointing to a major price breakout ahead.
  • Dogecoin gains as whales buy over 120 million tokens, hinting at rising demand and strong holder confidence.

The memecoin market is showing a slightly bearish mood in line with the whole cryptocurrency market. Data from CoinGecko shows that the memecoin market has slightly decreased by 0.1% to $52 billion. Most of the top ten memecoins have shown modest volatility, with the Mubarakah coin emerging as the top gainer memecoin today with a 189% gain.

The overall crypto market cap has fallen by 0.05% to $2.76 trillion in the past 24 hours. In addition, the trading volume has dropped 19.27% to $60.9 billion. The fear and greed index has remained unchanged in the past week and is in the fear zone. The market has not yet rebounded from the bearish mood, as macroeconomic factors such as the Fed rates have not greatly influenced the market. The memecoin market offers the perfect choice for investors entering the market and provides quick returns. As the market prepares to rebound, these are the next memecoins to explode.

Next Memecoins to Explode

1. Bonk (BONK)

BONK has been consolidating below $0.0000118 yesterday and has broken out of the zone today. The coin is trading at $0.00001237, a 4.19% increase in the past day. In addition, the trading volume has surged 10.63% to $124.09 million. Meanwhile, the market cap stands at $964.3 million. The coin has increased 12.94% in the weekly chart.

Next Memecoins to Explode, March 22 – Bonk, Fartcoin, Dogecoin
Source: CoinMarketCap

According to crypto analyst Crypto Sat, BONK is following a 5-wave Elliott Wave pattern and has suggested that a breakout could be in play. If the price goes above 1254, it will confirm that Wave 5 is happening. From there, the price could move up to 1334 or even 1463 if buyers stay strong. However, if the price falls below 1200, the pattern will break, and the price could drop further. The memecoin is at a critical point, and a breakout will confirm the bullish or bearish signal.

2. Fartcoin (FARTCOIN)

Fartcoin is trading at $0.4329, with a 19.50% rise in the past 24 hours. The market cap has increased to $432.97 million, and the trading volume is up 14.32% to $121.1 million. In addition, the coin has seen a 43.32% increase in the weekly chart and a 38.84% increase in the monthly chart.

Source: CoinMarketCap

The surge in the price of the coin stems from the recent whale activity in the market. Recently, a fartcoin whale who was inactive for 2 months bought $671,580 worth of tokens. The whale has now accumulated 3.2 million tokens worth $1.3 million. Meanwhile, crypto trader SBJ has predicted that Fartcoin will be the first memecoin to hit a new all-time high this year. Another analyst, Cryptogenous, has predicted that the coin will hit $1.75 soon due to a retracement to the demand zone after a run earlier in the year.

3. Dogecoin (DOGE)

DOGE is trading at $0.1691, reflecting a 0.05% increase over the past 24 hours. The trading volume of the coin stands at $695.84 million, which is a 19.74% decrease over the past 24 hours. However, the market capitalization has increased to $25.12 billion.

Source: CoinMarketCap

The slight increase in the price of the coin can be attributed to the surging whale activity in the market. According to Ali Martinez, whales bought over 120 million DOGE in the past week. The return of the whales in the market will drive the demand for the coin, hence pushing the price higher.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.