.png){kind=logo}
The meme coin market is gaining momentum once more, leading traders to ask a familiar question: Is another meme coin supercycle beginning? With strong moves from Pepe Coin (PEPE), Bonk (BONK), and rising contender Salamanca (DON), many believe a new explosive phase could be approaching.
After capturing the meme coin spotlight in early 2023, PEPE surged over 800% shortly after launch and rallied another 900% in early 2024. While the coin went through a sharp correction, losing more than 80% of its value, it's showing strong signs of a comeback.
PEPE surged over 70% in the last month, and its recent price move from $0.000008087 to $0.000013612 has reignited interest, and market watchers are beginning to speculate on a larger rally.
According to analysts, PEPE could have 40x potential from current levels if the meme coin cycle resumes.
Bonk (BONK), Solana’s meme coin flagship, is holding key support levels and has remained in a consolidation phase. Analysts suggest that a breakout could be imminent. Some are predicting a 50–100% daily candle in the near term which could mark the beginning of a sharp upward move.
Recent news may be the catalyst BONK needs. A historic partnership was just announced between BONK and @defidevcorp, a NASDAQ-listed public company.
Salamanca (DON) has been gaining fast popularity among the latest meme coins competing in the market. The project blends meme culture, bold branding, and a growing community of dedicated supporters, being inspired by the infamous Salamanca family cartel from Breaking Bad and Better Call Saul.
The DON token has skyrocketed by 477% over the past month. The highest price reached for the token was close to $0.008522 last month but it's now settled at around $0.0019, with a 24-hour trading volume of $3,729,704.
Salamanca’s growth could accelerate rapidly following a potential Binance listing. Having only one billion DON tokens in existence and a straightforward supply could attract interest from traders.
Trade $DON now on Gate.io: https://www.gate.io/zh/trade/DON_USDT
Meanwhile, the breakout potential for tokens like PEPE, BONK, and especially DON has created new opportunities for investors seeking early entries in the meme coin space.
Coupled with several positive factors, the Salamanca (DON) has recently attracted the attention of meme coin enthusiasts. Another meme coin frenzy may turn DON into a standout player in the sector and propel it to the top of the memecoin market.
For more information about Salamanca (DON), visit:
Website: https://salamanca.club/
Twitter/X: https://x.com/salamanca_token
Telegram: https://t.me/salamancatoken
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
