Bonk and Dogecoin are outpacing all other meme coins right now.
Both coins have been on fire lately – BONK is trading at $0.000053, while DOGE has risen to $0.388.
Alongside these established names, new meme coin Flockerz is gaining ground in its presale, hitting the $2.5 million funding milestone earlier today.
BONK & DOGE Post Fresh Gains Despite Meme Coin Pullback
BONK has been one of the top performers in the meme coin space this week so far.
The Solana-based dog coin is on a roll, climbing 7% in the past 24 hours after briefly hitting a new all-time high overnight.
November has been an incredible month for BONK holders, with the coin up 164%.
Even the occasional pullbacks haven’t dented its momentum.
DOGE, the world’s largest meme coin, isn’t sitting the bullishness out either.
The coin has added another 3%, cementing its position as the fourth most-traded crypto globally.
With over $11.5 billion in spot trading volume since yesterday, it’s clear that demand for DOGE is still going strong.
What’s striking is how these two coins are defying the current trend.
Most top meme coins have experienced a minor pullback in the past 24 hours, yet BONK and DOGE continue to push higher.
This signals just how much momentum there is behind them.
Bitcoin’s New All-Time High Fuels BONK & DOGE’s Rally
BONK and DOGE are capitalizing on all the buzz around Bitcoin.
Now hovering around $93,500 after hitting a new all-time high overnight, Bitcoin’s momentum is setting the tone for massive gains.
The Crypto Fear & Greed Index says it all: it’s now at a value of 83, firmly in “Extreme Greed” territory.
Meme coins are taking advantage of these favorable conditions.
Dogecoin, in particular, is thriving – boosted by a mix of catalysts that have spiked trader demand.
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Elon Musk has been appointed head of the Department of Government Efficiency (D.O.G.E).
Although it has no direct connection to Dogecoin, the department’s abbreviation has sent social media into a frenzy, with DOGE mentions soaring across most platforms.
Google Trends data also shows an uptick in search interest for “Dogecoin.”
However, search interest is nowhere near the level seen in May 2021’s bull run.
This suggests that, although traders are becoming more engaged with DOGE, there might still be room for gains as retail investors jump in.
Could New Meme Coin Flockerz Explode Next? $2.5M Presale Success Suggests Yes
With BONK and DOGE climbing, some traders are looking for smaller meme coins to buy.
One coin gaining traction is Flockerz – which is in its presale phase.
Unlike BONK and DOGE, Flockerz isn’t just a dog-themed meme coin looking to cash in on the viral energy.
Instead, it’s offering real utility through the Flocktopia DAO, where every token holder gets a say in project decisions.
On top of that, holders can earn extra FLOCK tokens simply by participating in votes.
This setup adds a layer of engagement that most major meme coins lack.
And the numbers speak for themselves – Flockerz has now raised over $2.5 million in presale funding.
More than 212 million FLOCK tokens have also been pledged through the project’s staking protocol while the presale is ongoing.
These figures show the level of early adoption from the trading community.
FLOCK tokens are priced at just $0.0060772 each in presale, although that price will rise again in two days.
That’s because Flockerz’s presale has a stage-based structure – so early investors receive a lower entry point.
YouTuber ClayBro believes getting in early could be profitable.
He posted a video yesterday reviewing the Flockerz project and claimed the token could see “major gains” once listed.
All in all, the signs look promising for FLOCK.
With BONK and DOGE showing there’s still a massive appetite for meme coins, Flockerz might be next to capture the market’s attention.
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