Dogecoin and Bonk prices are falling, but traders think these three Meme coins will surge next.

It’s been a tough few days for meme coin investors, with Dogecoin (DOGE) and Bonk (BONK) suffering significant losses.

However, the decline of DOGE and BONK has created an opportunity for various low-cost meme coins to take their place.

In this article, we take a closer look at the price action of Dogecoin and Bonk before presenting three hidden tokens that traders believe could be ready for growth.

Dogecoin and Bonk prices plummet as traders take profits.

Both DOGE and BONK have recorded two consecutive bearish daily closes and are likely to close three straight today.

This meme coin has suffered from high profit taking after its sharp rise last week.

Dogecoin fell from $0.107 to $0.094, representing a 13% decline.

Meanwhile, Bonk has plummeted nearly 30% over the same period and is currently hovering around the $0.0000105 level.

Notably, both meme coins fell simultaneously as the broader cryptocurrency market began to retreat.

This means that the recent declines in DOGE and BONK are likely not directly related, but part of a broader market trend.

Nonetheless, the bearish momentum experienced by both tokens has led many meme coin investors to question whether the price rally is officially over.

Which Alternative Meme Coins Are Ready to Soar?

Even as DOGE and BONK struggle, investors are still looking for the next big opportunity in the meme coin sector.

Below we list three alternative meme coins that have the potential to skyrocket thanks to their unique features and strong community support.

1. Meme Combat (MK)

The first is Meme Kombat (MK), which aims to provide a new spark to the meme coin space with a unique gaming angle.

Meme Kombat targets the overlap between the growing blockchain gaming market and viral internet memes.

This Ethereum-based fighting game features AI-based combat featuring the mascot of the popular meme coin.

Players can bet on the outcome of matches using Meme Kombat’s native MK tokens, which also offer an attractive 292% APY staking reward.

With plans to deliver new seasons every few months with exciting characters and game modes, the Meme Kombat team is looking to the future.

Regarding tokenomics, a whopping 50% of the total MK supply will be allocated for pre-sale buyers, giving them a significant stake in the future of the project.

10% of total supply will also provide DEX liquidity, which is critical to ensuring a smooth pre-sale and post-sale trading experience.

Meme Kombat has also begun to attract the attention of high-profile influencers like Crypto Tony, who describes it as “a revolutionary new gaming platform designed for hardcore gamers.”

So far, over $2.9 million has been raised during Meme Kombat’s pre-sale period, and with plans to launch MK on Uniswap after it closes, this could be a meme coin project that investors may want to monitor going forward.

Investors can purchase MK tokens for $0.235 through the pre-sale using ETH or USDT.

2. Snack

Next up is Snek (SNEK), a popular meme coin hosted on the Cardano blockchain.

Launched in April 2023, this community-driven token has seen an impressive 123% rise in its value over the past month.

This makes SNEK the second largest token on Cardano, surpassing various existing tokens hosted on the chain.

SNEK is hovering around the $0.00106 level at the time of this writing and boasts a market capitalization of over $75 million.

Although still lacking in utility, SNEK has been listed on major exchanges such as MEXC and LBank, making it more accessible to individual investors.

additionally, SNEK official Twitter account It has grown to nearly 24,000 followers, further fueling the hype for the token.

SNEK is still not a top 10 meme coin by market capitalization, but its growing stature makes it another hidden token that could prove interesting in the coming weeks.

3. TokenFi (TOKEN)

Lastly, TokenFi (TOKEN) is a utility-focused meme coin from the team that created the popular Floki Inu (FLOKI) token.

TokenFi’s primary goal is to simplify asset tokenization, which is expected to become a $16 trillion industry by 2030.

Providing real-world use cases helps TokenFi differentiate itself from the numerous meme coins that have little to no utility.

TOKEN is currently trading at $0.038 and is up 20% over the past month.

TOKEN has not experienced the same level of growth as other low-end meme coins, but its focus on providing utility could be a key factor in its long-term success.

Additionally, TokenFi’s connection with Floki Inu further increases credibility, which is critical to maintaining investor demand.

With a fully diluted market cap of over $380 million, TOKEN still has tremendous room to operate, making it another high-potential meme coin for investors to consider.