Key Takeaways

• Memecoins hit a historical mark with over $120B market cap as Solana memecoins play a huge part.

• Solana memecoins continue to win the hearts of investors and retailers as Google trends record highs in memecoin search.

• PNUT, BONK, and WIF are top Solana memecoin worth paying attention to ahead of memecoin narratives and the bull market.

Memecoins have emerged as the next hot narrative in the cryptocurrency market, dominating prices and rallying to unexpected heights. These tokens were mere play projects in their initial stages in the crypto market, but it looks as if this could be a trend that is here to stay. 

An initial project that started with Dogecoin, Shiba Inu in just a few million dollars, is now ranked among the top cryptocurrency ecosystems with over $120 billion market capitalization as the memecoin industry doesn’t look like slowing down. 

The rally for memecoins has gained much attention from investors and retailers due to its viral social media culture and influence as the volume of memecoin in the past few weeks has been out of the roof.  

Let us discuss some of these memecoins or Solana memecoins that have contributed to the memecoin rally and how investors pay attention to some top Solana memecoin ahead of the bull market. 

Solana Memecoin Performance

Source – Solana memecoin performance on Dune Analytics

Memecoins have been on a rampage for over two weeks now. Still, it is noteworthy that a major part of the transactions contributing to the memecoin rally is the Solana memecoins, which has gained the interest of retailers and investors as they look to buy into short-term promising memecoin with huge prospects. 

SEO search on Google trends shows new highs in search requests for memecoins as many retailers and investors are looking for the next big Solana memecoin like PNUT, BONK, and WIF.

BONK Price Prediction And Chart

Source – BONK Price Chart From TradingView

Will BONK price reach $1? This is the question asked by many retailers and new traders coming into the crypto space. While this is possible but requires a large amount of volume to pull this off, the price of BONK will continue to create new highs as long as the crypto bull market is sustained.

BONK is likely to cancel 2-3 zeros heading into 2025, but overall, price action for BONK shows that bulls are in control. 

PNUT Price Prediction

Source – PNUT Price Chart From TradingView

Peanut the Squirrel, the Solana memecoin that took the crypto space by storm, making numbers and rallying to over $2 billion market cap beyond the expectations of many. Despite being a Solana memecoin, PNUT has built a strong community that is solidly behind this project.

Although a memecoin, there are high chances of PNUT price prediction coming through as the price could rally to the $3 to $5 mark as the price of PNUT looks strong with more holders than sellers. 

With PNUT’s price breaking out of its bullish wedge structure, there are chances of it hitting $3 in the short term. 

Another Solana memecoin struggling to meet many analysts’ expectations is WIF (Dogwifhat). This famous Solana mascot made a name for itself in previous months, ranging from a low of $0.001 to a high of $4.8, leading to a major listing on exchanges.

Why does WIF continue to underperform? There is a chance that the WIF will be worth $10 shortly as it will trade around $3.8-$4.