Crypto Expert Says Memecoins Are Ready for a Major Comeback

A prominent crypto expert, known for accurate altcoin predictions, is expressing optimism about memecoins.

The pseudonymous trader Bluntz shared that several meme tokens are experiencing notable breakouts, indicating that a memecoin season may be underway.

One memecoin that has caught his attention is Bonk (BONK), which operates on the Solana (SOL) network. Bluntz includes BONK in his diversified portfolio, highlighting its recent breakout from a trading channel and suggesting that a new wave of excitement for memecoins is imminent.

He forecasts that BONK could climb to $0.000045, with its current value around $0.000023, reflecting a daily increase of over 7%. Bluntz is confident that memecoins will continue to see significant rallies, potentially outperforming many other cryptocurrencies. He notes that while the memecoin supercycle is real, many investors have struggled with their timing. He advises selecting promising tokens, preparing for potential gains, and being cautious not to sell too early.

In his analysis, he identifies several memecoins he believes will lead the market rally, including Pepe (PEPE), Bonk, dogwifhat (WIF), Popcat (POPCAT), and Simon’s Cat (CAT).