PEPE, FLOKI, BONK meme coins are ready to rise 100x in the upcoming altcoin season. Last week, PEPE saw a double-digit increase of almost 100%. Will the meme coins see a similar surge in demand this week? Or is a correction imminent for the high-volatility coins?

Let’s take a closer look at the price chart and technical analysis of PEPE, FLOKI, and BONK to find out more.

PEPE Meme Coin Gains 75% to $0.000031 This Week

On the weekly chart, PEPE price exploded at supersonic speed to reach a new all-time high of $0.00001685. Currently, the meme coin is trading close to this level and challenging the 1.618 Fibonacci level for another breakout rally.

Trading View

With a market cap of $7 billion, Pepecoin is now the third largest meme coin in the market. However, it will have to double to rival the second-ranked Shiba Inu, which has a market cap of $14.42 billion.

An intraday gain of 3.63% and a massive 75% gain last week set a bullish foundation for the week. A rally above $0.00001678 could extend this week’s bull run to $0.000024 or $0.000031.

FLOKI Reversal Rally to All-Time High

FLOKI coin price sees a bullish reversal to extend the bull run as the meme coin industry breaks out. Increased demand at $0.00015 led to a bottom reversal with a neckline at $0.0002737.