Meme Coin Market Heats Up: DOGE, SHIB, and BONK Show Strength
The meme coin market has been heating up recently, especially since some of the biggest names out there, like Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK), show signs of strength.
As these popular meme coins are going towards a rally, the newcomer, Moonshot MAGAX (MAGAX), is now stealing the spotlight with a meme-to-earn model and high ROI potential. Analysts are saying that we’re entering another round of meme coin mania, and investors want to position themselves early.
Dogecoin Finally Sees Institutional Interest
Dogecoin (DOGE), the original meme coin, is showing new technical strength. The price has been consistently going down for the past eight months, and it formed a symmetric triangle breakout pattern with a short-term target of $0.37, representing a massive 72% potential upside from current levels.
Momentum indicators back this setup, with the RSI at 49.17 and strong layered support from the 50, 100, and 200-day SMAs. What’s different this time is the entry of institutions. CleanCore recently launched an impressive $175 million Dogecoin treasury, which shows that institutional appetite for DOGE has increased.
This institutional inflow will drive sustainable growth, and this has given DOGE way more credibility than just retail hype.
Crypto Analysts Predict a Potential 17x Surge for SHIB
Shiba Inu (SHIB) has been consolidating for a few months, but analysts have now noticed that a major breakout is coming. A symmetrical triangle pattern shows that there’s a potential rally towards the $0.0023 mark, leading to a 17x increase from the current levels.
If SHIB can actually hit this target, it would mark a 1,759% increase and eventually push the prices 160% higher than the previous all-time high of $0.0008845 in 2021. This move will open up new doors for SHIB, especially with the high trading volumes and bullish technicals.
SHIB’s community backing and the recent developer efforts to build its ecosystem are all improving its value, and investors are waiting closely for the breakout.
Bonk Shows Signs of Bouncing Back
Bonk (BONK) has been under a lot of pressure lately, and this is because of the broad pullback across the general crypto market, especially with Ethereum dipping below $4,350. Still, BONK has shown relative strength, and it’s posting a 5% intraday jump that reduced weekly losses to just 3%.
Charts are now pointing to a harmonic pattern setup that could unlock significant upside. If BONK can break above the 50-day moving average, analysts expect a rally toward the 1.38 Fibonacci PRZ at $0.00004890, implying a potential 116% surge.
The bullish scenario says that BONK is maintaining support above its 200-day MA at $0.00001842. Losing that support could invalidate the setup, but at least for now, BONK is showing signs of resilience.
Moonshot MAGAX Targets 166x From Presale Stage
While DOGE, SHIB, and BONK are battling for momentum, the newcomer Moonshot MAGAX is driving heavy attention with its presale performance. MAGAX is the first meme-to-earn token, rewarding creators, promoters, and stakers for driving real meme engagement across social platforms.
Analysts are expecting MAGAX to grow by 166x once it’s publicly listed, and this is much faster than what most meme coins can achieve. Its presale has been designed with a unique hybrid on-chain/off-chain transparency, community incentives, and staking rewards up to 12% APY.
All these features make it more than just a speculative meme token. With institutional-style accountability and viral-driven economics, MAGAX is expected to transform the next phase of meme coin growth.
Investors Rush to Buy Into Moonshot MAGAX
Investors are now piling into Stage 2 of the MAGAX presale and are attracted by its innovative ecosystem and transparent roadmap. It combines viral AI-driven meme rewards, staking incentives, and referral bonuses. Early buyers are buying the token at the lowest price ever before the next presale stage drives valuations higher.
Be part of the Moonshot Magax Presale Community
Website | Whitepaper | Telegram | X (Twitter)
