The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion.
With more than 50% of its market cap concentrated in Dogecoin’s $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential. So, let’s look at the top memecoins alternatives to Dogecoin. You must consider buying massive returns.
Starting with the BONK token, a Solana-based Dogecoin rival gives a triangle-pattern breakout in the daily chart. The bull cycle in BONK has surpassed the overhead exchange trendline and the 50% Fibonacci level with the ongoing bull cycle accounting for a 70% surge.
The meme coin is currently trading at $0.00002930, with an intraday gain of 9.54%. Heading towards the 78.60% level at $0.00003349, it shows a high possibility of a new all-time high.
The Fibonacci retracement level spends the breakout rally target at $0.00007416 at the 1.618 level.
Find out more about the BONK price targets in Coinpedia’s BONK price prediction for 2024-2030.
As the second biggest meme coin, Shiba Inu follows the bullish trend of Dogecoin, with the ongoing bullish cycle accounting for a 75% surge in the last 7 days.
The meme coin is currently trading at $0.00002939. It has surpassed the 78.60% Fibonacci level and is preparing for a new 52-week high. Currently, the 52-week high is at $0.00004567 and the uptrend must surpass the $0.00003591 for an exchange rally.
The Fibonacci level spends the 52-week high target at $0.00006792 at the 1.618 level.
Despite a failed falling channel breakout rally, the Floki price action shows a bullish comeback. The ongoing bull run in Floki has surpassed the 50% Fibonacci level and accounts for a price jump of 74% in the last 7 days.
The meme coin is currently trading at the psychological mark of $0.0000020 with an intraday gain of 10.64%. Fibonacci levels paint the upside target at $0.0000032049 by the end of this month.
However, the possibility of a new 52-week high paints the price target at $0.0000062 at the 1.618 level. Hence, with an upside potential of more than 200%, Floki is a must-buy meme coin in this bull run.
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