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Top Memecoins To Buy Today: BONK, FLOKI, FARTCOIN, PEPE Surge Amid Altcoin Rally
The memecoin market is in the midst of a spectacular rally, with top-performing assets like BONK, FLOKI, FARTCOIN, and PEPE leading the charge. In this article, we’ll dive into each coin’s recent price action, highlighting key technical indicators that support their bullish momentum.
First off, let’s take a look at BONK, which has exploded +78% following a 100 billion token burn and Grayscale watchlist addition. This development not only tightened supply but also earned the Solana-based meme rocket institutional recognition – a significant milestone for any altcoin project. The coin’s price surged past $0.000039 on July 17, marking its highest point since December last year. As BONK retests the zone near $0.000035–$0.000036, it’s crucial to hold this support zone to maintain the bullish structure and target the $0.000045-$0.000055 range.
Next up is FLOKI, which has rallied after securing EU-wide regulatory approval with its MiCAR-compliant whitepaper. The coin’s 30% price increase comes as a result of the announcement, as investors flock to buy in on the news. FLOKI’s daily chart displays an impressive breakout from a falling wedge pattern, signaling a potential continuation toward $0.0000165 and $0.000027.
FARTCOIN has also seen a remarkable +78% surge in just one week, largely driven by rising on-chain activity and a textbook cup-and-handle formation. This classic chart pattern, often used to forecast price targets, suggests the possibility of further gains toward the $1.99-$2.47 region, contingent on the mid-handle zone ($1.32) being held.
Last but not least, we have PEPE breaking out above a key resistance level after weeks of consolidation. With volume steadily increasing during this push, bulls could potentially target the next resistance levels at $0.0000145 and $0.0000162. If the momentum continues to hold, PEPE may reach the upper bound of its previous high near $0.0000185-$0.0000192.
In conclusion, BONK, FLOKI, FARTCOIN, and PEPE have all demonstrated impressive price action within the context of a broader altcoin rally. As such, investors would do well to take notice and consider adding these assets to their portfolios, but always remember to practice responsible risk management in this volatile market.
Please note that prices are subject to change at any moment and may not be up-to-date by the time you read this.
Source: coinpedia.org
