Next Memecoins to Explode, January 18 – Official Trump, Bonk, Shiba Inu

Highlights:

• Official Trump coin has soared 185% to a $3.7 billion market cap after debut on the Solana blockchain.
• Bonk has risen 11.24% with bullish momentum aiming for resistance at $0.00003390.
• Shiba Inu is trading at $0.00002269 with breakout potential as bullish patterns emerge on its chart.

The cryptocurrency continues to recover today after the recent price correction. Data from Coingecko shows that the meme coin market is up by 4.4% today to reach over $122 Billion. Most of the top 10 memecoins are trading in the green zone, with Dogecoin leading the pack.

Analysts predict that 2025 will be a historical year for altcoins as the price of BTC soars. Meme coins offer the best entry point for new investors and provide quick investment returns. These memecoins are set to explode and offer the best investment choices.

Next Memecoins to Explode

1. Official Trump (TRUMP)

President-elect Donald Trump has revealed the launch of Official Trump ($TRUMP) today, and the coin has surged to a $3.7 billion market cap at press time. The coin is currently trading at $18.53, reflecting a 185.61% increase in the past day. The meme coin has a total circulating supply of 200 million coins. 80% of the supply is reserved for creators and CIC Digital.

The meme coin is based on the Solana blockchain. The token quickly soared, reaching an $8 billion market cap within three hours. Its value rose over 300% in the first three minutes. The coin can be purchased with a debit card or cryptocurrency.

My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC

— Donald J. Trump (@realDonaldTrump) January 18, 2025

Anthony Pompliano, CEO of Professional Capital Management, expressed excitement about $TRUMP. He said the financial world is not ready for its impact. He advised everyone to prepare for the groundbreaking token.

2. Bonk (BONK)

Bonk is trading at $0.00003302 with an 11.24% increase in the past 24 hours. Its market cap has increased to $2.52 billion. The trading volume has increased 151.57% in the last 24 hours to $665.97 million. The coin has increased 18.78% in the past one week.

Bonk is showing promising growth in the market. The MACD indicator reveals a steady rise in the green histogram. This bullish convergence in the daily timeframe suggests a positive outlook. The SMA indicator further supports the Bonk price chart on the 1D timeframe. This implies the memecoin could continue gaining value in the coming week.

$BONK price broke above the descending trend line. This is a first signal of a trend reversal.
We need to see a daily candle close above this trend line to confirm this reversal further. pic.twitter.com/bnLF2SmmzC

— Man of Bitcoin (@Manofbitcoin) January 17, 2025

If the bullish momentum persists, BONK could reclaim its resistance at $0.00003390. Holding this level may drive the price to its next resistance at $0.00004050. However, a bearish reversal might pull the price to its support at $0.000030. If bearish sentiment grows stronger, BONK could drop to $0.0000270. With favorable indicators like MACD and SMA, BONK has growth potential this month.

3. Shiba Inu (SHIB)

SHIB is trading at $0.00002269, reflecting a 6.22% decrease over the past 24 hours. The coin has gained over 139.29% year long and is expected to surge further. The trading volume of the coin stands at $926.57 million which is a 0.81% increase in the past 24 hours. The market capitalization has dropped 6.22% to $13.36 billion.

Shiba Inu has shown strong momentum after months of limited movement. Despite earlier consolidation, analysts see the potential for a breakout. In March, SHIB hit $0.000045 but then entered a prolonged consolidation phase.

Bitcoin’s recent rally has sparked optimism for altcoins like SHIB. Analyst Javon Marks highlighted a bullish triangle pattern on SHIB’s chart. He noted higher lows, which signal buyer interest. Marks stressed that SHIB must stay above $0.0000177 to maintain upward momentum.

After confirming another Bull Pattern, and a textbook one at that, $SHIB (Shiba Inu) remains on our radar for a major continuation towards the larger target level at $0.000081.

This target's currently over 258% away so a continuation towards can be huge! https://t.co/UmANSZqJam pic.twitter.com/4o20MqhhtP

— JAVON⚡️MARKS (@JavonTM1) January 15, 2025

New developments have also strengthened SHIB’s ecosystem. The launch of TREAT, a governance and utility token, is set to support the Layer-3 privacy blockchain. This aims to enhance privacy and unlock advanced features. 

The meme coin market has gained popularity in the past year, and small investors flock to the market for huge returns. Investing in these three memecoins set to explode provides an opportunity for huge returns in a short time.