Meme Coins Go Rogue: Shiba, Solana, and BONK Defy Market Logic in Wild Price Swings

Just when you thought crypto couldn’t get more unpredictable, the meme coin brigade strikes again. Shiba Inu (SHIB) and Solana-based BONK are flipping volatility charts upside down—while ’serious’ investors clutch their pearls.

Solana’s ecosystem proves it’s still the wild west of blockchain, with BONK’s 24-hour swings making traditional traders question their life choices. Meanwhile, SHIB laughs all the way to the (decentralized) bank.

Fun fact: These assets move more on Elon Musk’s tweet drafts than actual utility. But hey—who needs fundamentals when you’ve got vibes and a dog mascot?

$148, and BONK Coin amidst this scenario.

ContentsShiba Coin Price PredictionSolana (SOL) and BONK Coin Analysis

Shiba Coin Price Prediction

The second largest meme coin by market value, Shiba Coin, left a mark in 2021. Its proactive approach during the NFT and metaverse boom solidified its position. It is distinguished among meme coins for actively building its ecosystem and taking concrete steps, suggesting a long-term potential.

Following an unsuccessful attempt to reach $0.00001439, SHIB’s price moved towards the $0.00001298 support. The potential for further losses is evident short-term as upward attempts have dwindled. In the event of a downturn, a test of $0.00001239 is plausible, especially as BTC’s rise overshadows altcoins.

Solana (SOL) and BONK Coin Analysis

Among Ethereum$1,846’s largest competitors, Solana (SOL) trades at $147, experiencing a 2% loss today. Weekend trading demonstrates low volume, eliciting concerns, and weakness is acknowledged as the daily closure nears. Accelerated weekend sales could lead to cautious tendencies toward the upcoming Fed meeting.

If the decline persists, $143 is a crucial level, with potential lower wicks between $136 and $125. Fed meeting weeks induce high volatility in cryptocurrencies with significant movements in both directions; evaluating stop levels is beneficial for investors.

Facing reduced tariff-related uncertainty and acknowledging a long hiatus in rate cuts, weekend upper wicks might arise. This could drive targets toward the $167 and $183 zones.

SOL Coin’s price increase at April’s was mirrored by BONK Coin, showing some movement. A turnaround appears underway from its peak, with a decline potential extending below $0.0000181 down to $0.00001643 and $0.00001485.

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