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The meme coin market went through a dip recently, and some market participants are trying to buy the dip. Most of them are looking at these three—Bonk is making an impact in Solana’s ecosystem, Shiba Inu is growing beyond its meme roots, and Pepe is gaining attention for its strong community and liquidity.
At the same time, PlutoChain ($PLUTO) might take a different path. As a Layer-2 solution, it could fix Bitcoin’s biggest issues: slow transactions, high fees, and limited functionality.
Here’s why these projects might be worth looking into.
Right now, Bonk is trading at around $0.00001775, up 0.5% in the last 24 hours. The trading volume over the past day is approximately $174.2 million.
Bonk (BONK) is a meme coin built on the Solana blockchain, launched in late 2022 as the first "dog coin" for the Solana community.
To stand out, it gave away 50% of its total supply through an airdrop, making sure everyday users had a stake in its success.
Since then, BONK has stayed active, recently announcing a burn of 2.02 trillion tokens to reduce supply. It's also gaining real-world use, with some platforms now accepting it for payments.
Natalie Dormer says that BONK has dropped 75% since November, is holding at support, and could bounce back if it breaks the upper trend line.
As of today, Shiba Inu (SHIB) is trading at around $0.00001586, with a 24-hour trading volume of approximately $230.9 million.
Shiba Inu (SHIB) started as a meme coin in 2020 but has grown into a much bigger project. The team is working on Shibarium, a layer-2 network designed to make transactions faster and cheaper.
The community is also actively burning tokens to reduce supply, hoping to boost SHIB’s long-term value.
Beyond the token itself, the Shiba Inu ecosystem includes ShibaSwap, a decentralized exchange, and even plans for a metaverse.
Rose Premium Signals predicts SHIB could rise to $0.00002913, $0.00003612, and $0.00004401.
As of today, Pepe is trading at around $0.00005995, up 2.02% in the last 24 hours. The trading volume over the past day is approximately $887.4 million.
Pepe (PEPE) is a meme coin that launched in April 2023, inspired by the popular "Pepe the Frog" meme.
Unlike traditional crypto projects, PEPE is fully community-driven, with no official team or roadmap. It operates on a deflationary model, burning tokens to reduce supply over time.
Despite its meme origins, PEPE has gained serious traction, with high trading activity and listings on major exchanges like HTX, Bybit, and OKX.
The coin’s popularity comes from its strong community and widespread accessibility.
Plazma predicts that PEPE could increase 3.5 times and reach $0.00007.
Bitcoin is a powerhouse, but it struggles with everyday transactions due to slow speeds, high fees, and limited flexibility.
PlutoChain ($PLUTO) might have what it takes to change that. As a Layer-2 solution, it’s designed to make Bitcoin faster, more affordable, and easier to use.
Bitcoin’s average block time is around 10 minutes, but PlutoChain offers block times of just 2 seconds on its Layer-2 network. This could enable instant transactions and seamless global transfers.
Lower fees are another major benefit. Bitcoin’s high costs often discourage small purchases, but PlutoChain may reduce transaction fees and make crypto payments more practical for businesses and individuals.
Beyond payments, PlutoChain supports Ethereum Virtual Machine (EVM) compatibility, meaning it could unlock possibilities for DeFi, NFTs, and AI-powered blockchain applications. This would expand Bitcoin’s utility far beyond a store of value.
To guarantee maximum security, PlutoChain has been audited by SolidProof, QuillAudits, and Assure DeFi, with continuous testing and code reviews.
Scalability is another strength. During testing, PlutoChain handled over 43,200 transactions in a single day without performance issues, which proves its ability to support high demand.
Unlike Bitcoin’s governance, where miners and developers hold most decision-making power, PlutoChain allows users to propose and vote on network upgrades. This gives the community a stronger voice.
Bonk continues to lead Solana's meme scene, Shiba Inu expands its ecosystem, and Pepe maintains strong community support.
But PlutoChain ($PLUTO) stands out with a different mission. It might be able to tackle Bitcoin’s biggest challenges with 2-second block times, lower fees, and smart contract support.
By solving these issues, PlutoChain could turn Bitcoin from just a store of value into a practical, everyday payment solution.
The information in this article does not represent financial or investment advice. Always research carefully before participating in the crypto market. Risks are inherent in forward-looking statements, which may not be revised.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
