Solana (SOL) Meme Coins Are Back in the Spotlight, With Investors Eyeing Them as High-Upside Vehicles

Solana (SOL) meme coins are back in the spotlight, with investors eyeing them as high-upside vehicles for outsized gains in the Q2 bull run.

Solana meme coins have returned to the spotlight as investors search for high-side vehicles for outsized gains in the Q2 bull run. Among the blue-chip Solana meme coins, Bonk (BONK) is quickly emerging as one of the most attractive crypto investments for the ongoing bull run, not only due to its fundamentals but also owing to its impressive bullish strength.

Bonk price predictions from prominent analysts have revealed when it would be an excellent time for sidelined investors to buy the meme coin and how high it can go in the coming weeks.

However, meme coins are not the only crypto investment opportunity in the market. A new Solana coin, Solaxy (SOLX), has also emerged as one of the best low-cap cryپسئولوں to buy now.

Bonk Coin Price Prediction — When To Buy And How High Can It Go?

Bonk is being viewed as one of the Solana meme coins with the strongest fundamentals.

Unipcs, popularly known as ‘The Bonk Guy’, claims that it could end up being a multi-cycle meme coin. Not many coins, apart from Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB) and Floki (CRYPTO: FLOKI), are in that list.

Indeed, Bonk is based on a popular meme — the more viral a meme, the better the token’s prospects. More importantly, it is an extremely liquid meme coin, available on popular CEXs and mainstream trading platforms, including Binance, Coinbase (NASDAQ:COIN), Robinhood (NYSE:HOOD) and Upbit.

The fact that REX Osprey Shares has filed for a spot Bonk ETF has only increased the meme coin’s attractiveness to institutional investors.

Unsurprisingly, $BONK has already been one of the top performers during the Q2 bull run. Following its flip of the macro descending trendline, its price has appreciated by more than 180%.

It is currently attempting to breach the 200-day Simple Moving Average, which could result in a strong bullish continuation.

Bonk price predictions from prominent analysts anticipate a strong rally from the meme coin in the coming weeks, with The Bonk Guy projecting it to surpass the $10 billion market capitalization in this bull run.

Another popular influencer, Trader Koala, also highlights its bullish weekly market structure, beckoning his followers to buy any dips into the $0.020 – $0.015 range.

Alternatively, a breach of the aforementioned 200-day SMA could result in a bullish continuation as well.

In either scenario, we should be looking to buy this popular meme coin for outsized returns in the second-quarter bull run.

Solaxy Tipped As The Best Low-Cap Solana Meme Coin To Buy

Besides the blue chips, smart money investors are also hunting for low-cap Solana meme coins, hoping for 10x to 100x returns.

Solaxy (SOLX), the first prominent Solana Layer-2 coin, had emerged as a standout pick in this regard.

The SOLX presale has already raised over $34 million in its ICO behind strong whale demand. Indeed, whales continue to pour six figure investments into SOLX, with a massive $191k buy being the latest on the list.

Solaxy’s Layer-2 scaling solution has also impressed investors. With its ZK rollup, multi-chain bridge and data availability solutions, it can ensure low-latency transactions, high scalability and zero downtime, even during periods of heavy traffic.

Considering that the top Bitcoin and Ethereum L2s have multibillion-dollar valuations, it is no surprise that Solaxy is being viewed as one of the best Solana meme coins to buy today.