The post Solana Memecoin Bull Run Begins: Bonk, Pepe And dogwifhat Record Nearly 40% Gain appeared first on Coinpedia Fintech News
The value of several meme coins has more than doubled, registering an increase of 100% from their lowest levels this month. After the Bitcoin halving event, the price of BTC quickly initiated an upward trend, maintaining its momentum above the $66K level. In contrast, memecoins began their surge slowly. Leading SOL-based memecoins, such as Bonk, Pepe, and Dogwifhat, are now targeting additional gains by the weekend.
Is Memecoin Rally Back?
Market analysts believe BONK’s recent recovery is due to investors taking advantage of recent price drops. It’s common for assets to experience a rebound after significant declines, and BONK’s comeback seems to follow this pattern.
Other tokens in this category, including PEPE and dogwifhat (WIF), have also seen substantial gains. Market data indicates that BONK’s rally is supported by increased tradi
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