BONK Jumps 150% as DOGE and FLOKI Join July Meme Rally

  • BONK jumps 150% after launchpad switch boosts ecosystem momentum.
  • DOGE gains 50% as MACD crossover hints at trend continuation.
  • FLOKI rides BNB rally, approaching resistance near $0.00035 mark.

The meme coin market is witnessing renewed momentum in July. Dogecoin (DOGE), Bonk (BONK), and Floki (FLOKI) have led this charge. These tokens are showing strong weekly and monthly trends among the top 100 meme coins. Market interest appears driven by community strength, ecosystem use, and increased social engagement.

BONK Leads Surge Amid Platform Shift

BONK has emerged as a top performer, rising nearly 150% in July alone. The momentum followed the April rollout of the LetsBonk.fun launchpad, which now rivals Pump.Fun. CoinGecko data shows traders are migrating tokens to the new platform. Hello Kitty (KITTY) was among the first to make the switch.

LetsBonk.fun’s interface has been described as more “user-friendly,” featuring token buybacks based on market cap. PUMP’s weak performance and inactive team have further tipped user sentiment. BONK, a long-time Solana meme coin, is now regaining traction partly due to its ties with LetsBonk.fun.

BONK promoter Unipics, known as the “BONK Guy,” is also boosting interest. He supports Useless Coin (USELESS), currently the largest BONK-based token by market cap. Still, risks remain. BONK’s future may depend on the platform’s ability to retain user volume. Analysts have noted that rising attention on other tokens, like PENGU, could shift liquidity away from BONK.

DOGE Sees Bullish Momentum Rebuild

Dogecoin has gained nearly 50% in July, breaking from its mostly flat 2024 pattern. CoinGecko charts indicate this surge mirrors price behavior seen during the March–April period. The rally lacks a clear catalyst, though analysts suspect sector-wide sentiment may be lifting the original meme coin.

Dogecoin continues to benefit from strong brand presence and community loyalty. Meme coin analyst Marcell recently added DOGE to his watchlist, which also includes FLOKI. Meanwhile, trader Cas Abbé pointed to a bullish weekly MACD crossover in DOGE’s chart a historical signal for upward movement.

The token’s price performance remains under close watch, particularly as it tests major resistance levels. Despite this recent move, DOGE’s long-term direction remains unclear without fundamental shifts in the broader market.

FLOKI Gains Traction as BNB Hits New High

Floki, tied to the BNB Chain, has surged nearly 80% in July. Analysts link some of its price action to BNB’s rally past $850. FLOKI currently trades around $0.00013, with $0.00035 seen as major resistance. Traders say its steadier rise compared to BONK could attract market participants seeking gradual movement.

Unipics has also backed FLOKI, though market watchers urge caution. Analysts remind that meme coins usually rely on brand visibility and community energy, not utility. FLOKI remains one of the more stable performers in the sector, but like others, is subject to rapid sentiment shifts.

Solana co-founder Anatoly Yakovenko recently referred to meme tokens as “digital slop” during a live discussion. However, despite criticism, meme coins continue to drive ecosystem revenue and high-volume engagement across platforms.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

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