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Meme coins continue to rally this week, with some of the top meme coins experiencing double-digit gains.
These speculative coins are enjoying an unprecedented bull run, with 138 new meme coins listed on CoinMarketCap in April. In comparison, April last year saw only 18 new meme projects listed on the website, with the majority being ERC-20 tokens.
Much of this new growth has come from Ethereum alternatives like Solana and Base. High gas fees have pushed degens into the open arms of these lightweight, low-fee blockchains. Solana has emerged as one of the clear winners with success stories like Bonk and Slerf.
Bonk (BONK) continues to push with a 28% increase over the past day. Meanwhile, with Bonk’s success serving as a blueprint, many believe that Sealana (SEAL) could be the next meme coin to experience a significant uptick in value.
Bonk jumps almost 30% in a day, leading the meme coin surge
Bonk was launched in December 2022 as a humble meme coin based on the Bonk meme. It took a while to really take off, but October 2023 saw the introduction of single-sided staking. Then, in December, Coinbase announced they’d be listing the token. Traders who got in early saw their investment jump 1,500 in just a year.
Since then, the token has continued to surpass expectations. It’s currently valued at $0.00003264, up 28,000% from its initial price. The token showed strong growth at the start of this bull run, reaching as high as $0.00003771 before dipping slightly. However, in recent weeks, the token has shown strong signs of rallying.
The token follows in the footsteps of Shiba Inu-themed coins like Dogecoin and Shiba INu. However, based on the Solana network, it offers higher transactions and lower fees, suiting the fast-paced and volatile nature of meme coins.
It’s also expanded its ecosystem to include a trading bot, DEX, staking program, wormhole, and coin scraper that swaps all your unwanted assets into Bonk. This has helped the token price stay strong over the past two years.
Traders are speculating even higher returns after a 28% price increase in 24 hours. This sudden surge in price has propelled it to the ranks of the top gainers in the meme coin market, sparking excitement and speculation among traders.
As traders weigh their options and consider the potential for profit, many are looking for new meme coins that can see similar early returns. One presale drawing in investors is Sealan, a new Solana meme coin that could replicate Bonk’s success.
New meme coin to watch: Sealana presale heats up
Like many meme coins, Sealana (SEAL) is characterized by its community-driven ethos and speculative nature. Traders closely monitoring the coin for any signs that could signal a potential price pump in the near future have been encouraged by the presale recently passing the $2 million milestone.
Sealana is a purely speculative meme coin, but this means there is the potential for a huge upside if it captures the heart of the crypto community.
The token is positioned for success with a similar straight-to-wallet presale launch that saw huge returns for Slerf. It’s also a good-natured reference to South Park, with its seal mascot drawing comparisons to the World of Warcraft character. It follows a chubby MAGA-loving seal who spends his days in his mum’s basement looking for the next big Solana meme coin.
Interested traders can head to the official website and connect their wallet or send Solana tokens to the wallet address provided. Currently, 1 SEAL is valued at $0.022 and can be purchased with ETH, SOL, USDT, and USDC.
The presale has nurtured an air of mystery with a minimal amount of information on its website and no tokenomics or doxxed team. However, this has only caused hype to build even more around the project.
To learn more about this project, visit the Sealana presale website
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