BONK Archives - Coin Engineer

Is There a Signal of “Capitulation” in The Memecoin Market?

Emre Yumlu — Sat, 14 Feb 2026 12:00:19 +0000

The recent wave of selling pressure across the crypto market has hit memecoins particularly hard. Over the past 30 days, the total memecoin market capitalization has declined by roughly 34%, falling to approximately $31.02 billion. Despite the sharp downturn, onchain analytics and sentiment platform Santiment suggests the pullback may not be as terminal as many traders assume.

The “Memecoin Trend is Dead” Narrative

According to Santiment’s latest assessment, a strong sense of nostalgia and resignation has taken hold among market participants. A growing number of traders appear to be writing off the memecoin sector entirely, treating it as a relic of a previous cycle.

Historically, such broad-based pessimism can serve as a classic capitulation signal. In financial markets, when a specific segment is widely declared “dead,” it often signals peak negative sentiment — a condition that contrarian investors closely monitor. Santiment argues that sectors abandoned by the crowd frequently approach maximum pain levels, which have often coincided with market bottoms in past cycles.

Market Context Behind the Decline of Memecoin Trend

The weakness in memecoins has unfolded alongside a broader crypto market correction. On Feb. 3, Bitcoin fell to the $60,000 level — its lowest price since October 2024 — intensifying pressure across higher-risk digital assets.

Within the top 100 cryptocurrencies over the past seven days, most memecoins posted only modest gains. Pippin (PIPPIN) stood out dramatically with a 243.17% surge, while Official Trump gained 1.37% and Shiba Inu rose 1.11%. Outside of these exceptions, overall performance remained subdued, reinforcing the cautious tone in the sector.

A Changing Altcoin Landscape

In previous cycles, capital typically rotated from Bitcoin to Ethereum and eventually into higher-risk altcoins once Bitcoin established new highs. However, Bitcoin’s maturation and increasing institutional involvement have led some analysts to question whether this familiar rotation pattern will unfold in the same way.

There is growing speculation that the next altcoin season, if it materializes, may not resemble the broad-based rallies of the past. Instead of a “rising tide lifts all boats” environment, gains could become more selective and concentrated.

Fear as a Potential Reversal Signal

Santiment also highlights a noticeable surge in bearish commentary across social media. Historically, extreme pessimism has often preceded market recoveries, as markets tend to move against prevailing consensus expectations.

While the memecoin sector currently appears fragile, sentiment data suggests that conditions associated with potential reversals may be forming. Whether this translates into a sustained recovery or merely a limited rebound remains dependent on broader market dynamics.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Is There a Signal of “Capitulation” in The Memecoin Market? appeared first on Coin Engineer.

Is the Memecoin Rally Making a Comeback?

Emre Yumlu — Mon, 05 Jan 2026 11:00:19 +0000

Memecoin projects, one of the most volatile segments of the cryptocurrency market, have started 2026 with an unexpected surge. After spending the final days of 2025 near yearly lows, the sector staged a sharp rebound in the first week of the new year, drawing renewed attention from traders and speculators.

Over the past week, the total market capitalization of memecoins increased by more than 23%, rising from approximately $38 billion to $47.7 billion. This sudden recovery suggests a noticeable shift in investor behavior, particularly after risk appetite weakened significantly toward the end of last year.

Trading Activity Surges Across the Sector

The rebound in prices has been accompanied by a dramatic increase in transaction volume. Daily memecoin trading volume jumped from around $2.17 billion on December 29 to $8.7 billion within days. This nearly 300% rise highlights not only speculative interest but also a return of active participation across the market.

Large-cap memecoins have been leading the move. Dogecoin recorded gains of over 20% in the past week, while Shiba Inu climbed close to 19.9%. Pepe stood out with a surge exceeding 65%, making it one of the strongest performers during the rebound.

The memecoin transaction volume has spiked in step with the market capitalization.

A Reaction After a Difficult 2025

Throughout 2025, memecoins experienced a deep and prolonged correction. The sector lost more than 65% of its value over the year, eventually bottoming out at a market capitalization of roughly $35 billion on December 19 — its lowest point of the year. This decline largely reflected reduced risk-taking across the broader crypto market.

Against this backdrop, the recent rally is widely interpreted as a sign that investors may once again be willing to allocate capital to higher-risk assets.

Could Memecoin Strength Spill Into Altcoins?

Market observers note that the memecoin recovery began shortly after pessimism among retail traders reached extreme levels. Historically, such conditions have often preceded sharp reversals, as markets tend to move against dominant expectations.

Some traders believe this renewed strength could extend beyond memecoins. In previous cycles, periods of strong memecoin performance were often followed by broader altcoin rallies. Solana, in particular, is frequently cited as one of the ecosystems that has historically benefited most from meme-driven momentum.

Broader Crypto Market Remains More Cautious

Despite the explosive move in memecoins, the wider crypto market has advanced at a more measured pace. Total cryptocurrency market capitalization increased by just over 5%, rising from $2.97 trillion to $3.13 trillion.

Bitcoin gained roughly 5% over the same period, trading near $92,335, while Ether rose about 7.3% to around $3,168. Investor sentiment is also improving, with market indicators shifting back into neutral territory for the first time in months — a potential sign that confidence is gradually stabilizing.

The post Is the Memecoin Rally Making a Comeback? appeared first on Coin Engineer.

Safety Shot Expands Goals with BONK Memecoin Move!

Emre Yumlu — Wed, 13 Aug 2025 14:00:28 +0000

Nasdaq-listed drinks maker Safety Shot has announced plans to place the Bonk memecoin at the center of its treasury strategy. The company aims to purchase a total of $115 million worth of $BONK tokens by the end of the year, starting with an initial $25 million acquisition.

Strategic Partnership with BONK

On Monday, Safety Shot revealed a strategic partnership with the founding contributors of Bonk. The company plans to deeply integrate into the memecoin ecosystem and focus its treasury assets on this token. CEO Jarrett Boon highlighted Bonk’s technical advantages, including high-speed and low-cost transactions compared to its competitors.

The company noted that Bonk’s position is favorable compared to Ethereum and Dogecoin, which face higher fees and slower transaction speeds. Bonk ranks as the fifth-largest memecoin by market capitalization, with $1.9 billion and 77 trillion tokens in circulation.

Share Price and Investor Reaction

Following the announcement, Safety Shot shares (SHOT) plunged 50% in after-hours trading on Monday, falling to $0.59. The company said it had settled all outstanding debt and held more than $15 million in cash prior to this move. Additionally, it plans a $35 million preferred share issuance, which can be converted into the company’s common stock.

Memecoin Trends and Corporate Moves

Safety Shot is not the first public company to make a memecoin treasury a central strategy. Earlier, in May 2025, GD Culture Group announced plans to raise up to $300 million for a crypto treasury reserve including the US president’s namesake TRUMP memecoin.

According to CoinMarketCap, the total market capitalization of memecoins has fallen 25% since the beginning of the year, while the overall crypto market has grown 22%.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Safety Shot Expands Goals with BONK Memecoin Move! appeared first on Coin Engineer.

Safety Shot Forms Strategic Partnership with This Altcoin!

Emre Yumlu — Mon, 11 Aug 2025 14:00:35 +0000

Safety Shot announced its entry into the crypto world through a strategic partnership with the founding contributors of BONK. The company will receive $25 million worth of BONK tokens in exchange for $35 million in convertible preferred shares.

BONK and Treasury Strategy

With $15 million in cash and all debts settled, Safety Shot chose BONK tokens for its treasury strategy due to their advantages over competitors. Built on the Solana blockchain, BONK stands out with high-speed transaction capacity and deflationary tokenomics. BONK’s market cap exceeds $2 billion, with over 980,000 on-chain holders.

Advised by Dominari Securities, this partnership aims to diversify Safety Shot’s asset portfolio and create new value for shareholders.

Risks and Evaluation

This move by Safety Shot marks a significant strategic shift from its core beverage business to cryptocurrency asset management. The company is issuing convertible shares at a 40% premium in exchange for BONK tokens. This brings the following risks for shareholders:

BONK, as a memecoin, has limited intrinsic value and high price volatility.
The SEC closely monitors public companies holding crypto assets.
The $10 million valuation gap between tokens received and shares issued poses potential dilution risk for shareholders.

While management highlights BONK’s “high-speed, low-cost transaction” technology, memecoin values largely depend on market sentiment. Although deflationary tokenomics may theoretically support the price, memecoin valuations have historically followed hype cycles rather than fundamental analysis.

This content does not constitute investment advice. Markets carry high risks, and it is important to conduct your own research before making any investment decisions.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram ,YouTube and Twitter channels for the latest news and updates.

The post Safety Shot Forms Strategic Partnership with This Altcoin! appeared first on Coin Engineer.

Memecoin Market Surges 29% in July: Which Tokens Stole the Spotlight?

Emre Yumlu — Thu, 17 Jul 2025 10:30:07 +0000

The memecoin market experienced a significant upswing in July, gaining over $17 billion in market capitalization. As of July 11, the sector’s total value reached $72 billion — a sharp 29% increase from $55 billion at the end of June.

Memecoin Trading Volume Breaks Records

According to data from CoinMarketCap, trading activity in the memecoin space soared in July compared to the previous month. On Thursday, July 11, daily trading volume topped $18 billion — the highest in the past 30 days. The second-highest daily volume came just days earlier, with $17.09 billion recorded on Saturday.

Top memecoins such as Dogecoin, Shiba Inu, and Pepe saw notable gains over the past week. However, the biggest weekly winners were Floki (up 45%), Pudgy Penguins (PENGU) with a 58% increase, and most impressively, Bonk (BONK), which surged by a staggering 72%.

Bonk’s Rally Fueled by LetsBonk Launchpad

A key catalyst behind Bonk’s explosive performance is the emergence of LetsBonk, a new Solana-based launchpad tailored for memecoins. On July 7, LetsBonk overtook Pump.fun — previously the dominant launchpad on Solana — in daily volume, disrupting the memecoin launch ecosystem.

In the past seven days alone, data from DefiLlama shows LetsBonk generated $8.25 million in protocol revenue, far surpassing Pump.fun’s $4.91 million. This sharp contrast signals a potential shift in dominance within the memecoin infrastructure space.

LetsBonk Takes the Lead in Volume and Market Share

Analytics from Jupiter, a leading decentralized exchange (DEX) aggregator, reveal that LetsBonk captured 51.9% of the launchpad market share in the past 24 hours, compared to Pump.fun’s 39.5%. In terms of volume, LetsBonk processed $838 million — beating Pump.fun’s $638 million.

However, Pump.fun still maintains an edge in several core metrics. With $29 million in 30-day protocol revenue, it remains the top-earning launchpad. Additionally, Pump.fun leads in daily active users with 413,000 traders, while LetsBonk trails with 275,000. In terms of liquidity, Pump.fun is still dominant, holding $510 million compared to LetsBonk’s $53 million.

Ethereum Rally Boosts Broader Memecoin Market

While Solana-based developments are driving much of the current memecoin boom, the recent surge in Ethereum (ETH) is also believed to be contributing to the broader altcoin rally.

At the time of writing, ETH was trading above $3,476 — marking a weekly gain of over 24%. This bullish momentum is likely lifting sentiment across the crypto market, including the high-risk, high-reward memecoin sector.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post Memecoin Market Surges 29% in July: Which Tokens Stole the Spotlight? appeared first on Coin Engineer.

Unexpected Rally: BONK Surprises Investors With Sharp Surge

Yigit Taha OZTURK — Tue, 08 Jul 2025 01:13:53 +0000

The crypto market has been relatively calm in recent days. While leading assets like Bitcoin and Ethereum traded within narrow ranges, investors turned their attention to alternative tokens. In this quiet environment, one name unexpectedly stole the spotlight: BONK.

Often overlooked under the shadow of larger names, BONK has suddenly emerged as a top performer, drawing significant attention from short-term traders and market watchers.

Price Jumps by 10% in a Single Day

In the past 24 hours, BONK has seen an impressive price surge from $0.00002162 to $0.000023, marking an approximate 10% increase. This swift move has created a strong profit opportunity, especially for traders active in the short-term market.

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Analysts suggest that this rise may be tied to key technical breakouts, while others point to increased trading volumes and rising buzz on social media. Large transactions from whale wallets have also been noted as contributing factors to BONK‘s sudden strength.

BONK/USDT pair 15-minute chart.

Could This Signal a New Altcoin Trend?

Is BONK’s rally the start of a new trend in the altcoin market? Experts believe that sudden movements like these can often trigger wider interest in similar small-cap tokens. As these assets attract attention, they may see rapid inflows and sharp price actions.

Still, caution is warranted. Volatile tokens such as BONK can decline as quickly as they rise. That’s why technical analysis and risk management are critical tools when engaging with such high-momentum assets.

The post Unexpected Rally: BONK Surprises Investors With Sharp Surge appeared first on Coin Engineer.

BONK Faces a Make-or-Break Moment Amid Price Surge

Yigit Taha OZTURK — Mon, 07 Jul 2025 14:00:43 +0000

Every now and then, a single token steals the spotlight in the crypto world. This time, all eyes are on BONK, which has made a sharp move upward following a stream of positive news. But is this rally sustainable, or are storm clouds gathering on the horizon?

Resistance Zone Becomes the Battleground

BONK surged significantly today, riding on bullish sentiment and renewed interest. However, it is currently facing a strong resistance band between $0.0241 and $0.023. This range has historically acted as a rejection zone for further upward momentum.

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A confirmed breakout with daily closes above this range is essential for the rally to continue. Otherwise, a rejection from this level may drag the price down toward the $0.0201 – $0.0191 support area.

BONK/USDT pair 4-hour chart.

High Volatility Signals Need for Caution

The current price movement of BONK is highly volatile, making it risky to enter new positions without confirmation. Indicators suggest increased uncertainty in the short term. Traders should be cautious and avoid acting impulsively amid such market conditions.

The post BONK Faces a Make-or-Break Moment Amid Price Surge appeared first on Coin Engineer.

Are Altcoins Dying? What the Data Shows

Emre Yumlu — Mon, 30 Jun 2025 12:30:04 +0000

Some market observers claim that altcoins are slowly fading into irrelevance — but the broader picture is more nuanced.

What’s the Current Outlook for Altcoins?

A recent Bloomberg report casts a shadow over the altcoin market, even as Bitcoin approaches one of its strongest monthly closes ever. Smaller and mid-cap cryptocurrencies seem unable to match BTC’s bullish momentum.

A striking chart from MarketVector illustrates the divergence: the purple line shows Bitcoin, while the blue line represents small-cap altcoins. Both surged in November, following Donald Trump’s reelection. But since then, they’ve taken opposite paths — Bitcoin has climbed 73% in the past year, while smaller altcoins have dropped roughly 40%.

This small-cap index includes lesser-known tokens like Maker, Worldcoin, BONK, and Fartcoin. Notably, major altcoins like Ethereum, XRP, and Solana are excluded from this basket.

How Are Leading Altcoins Performing Compared to BTC?

The MarketVector Digital Assets 10 Index, which includes top-tier cryptocurrencies, shows a different story. BTC holds a 31% weight in this index, followed by ETH at 30%, XRP at 13%, BNB at 9.5%, and Solana at 8%.

Key takeaways include:

Altcoin exposure diluted the index’s performance
Ethereum, down 26.5% since June 2024, dragged returns significantly
XRP, with a massive 363% rally, contributed the most despite its modest share
Solana struggled as hype around meme coins diminished

Nick Philpott, co-founder of Zodia Markets, gave a blunt assessment:
“I think they’ll just die out. Technically, many of them will just sit there collecting dust forever.”

Unfortunately, some metrics back this up. Bitcoin dominance — the percentage of the total crypto market it commands — has grown from 53% to 64% over the past year. This came largely at Ethereum’s expense, as its share shrank from 18% to 9%.

Still, the rest of the altcoin market has maintained a relatively stable 26% share.

Data from CoinGecko shows a significant spike in dead tokens. Since 2021, over 3.7 million altcoins have launched, and more than half have failed. Alarmingly, 1.8 million tokens collapsed in just the first quarter of 2025. A major reason? The pump.fun platform, which lets anyone create a coin — resulting in an oversupply of low-quality meme tokens.

Is Another Altseason Possible?

Analysts remain split. Some, like Blockstream’s Adam Back, believe altcoin speculation is over, urging investors to focus on BTC and treasury-heavy firms like MicroStrategy and Metaplanet.

Others, like Xu Han of HashKey Capital, say only a few selected altcoin projects might deliver substantial gains — suggesting the days of broad-based speculative rallies are behind us.

For some altcoins, securing ETF approval could be the only path to survival. Mergers and consolidations may also reshape the altcoin landscape moving forward.

According to CoinMarketCap, we are firmly in a “Bitcoin season” — and that doesn’t appear likely to change anytime soon.

This content is not intended as investment advice. Cryptocurrency markets are high risk and it is important to do your own research before making any investment decisions.

The post Are Altcoins Dying? What the Data Shows appeared first on Coin Engineer.

Are Memecoin ETFs Coming? Analyst Says They Have a “Good Chance”

Yigit Taha OZTURK — Mon, 09 Jun 2025 15:30:03 +0000

In the fast-evolving world of crypto, even the wildest trends can become mainstream. With the memecoin market surpassing $60 billion—more than Tron and Cardano combined—speculation is heating up around institutional interest. Could the next frontier for crypto ETFs be based on memecoins?

According to Bloomberg ETF analyst Eric Balchunas, the answer is likely yes. On June 7, he stated that there’s a “really good chance” we’ll see active memecoin-focused ETFs soon, possibly by 2026.

Memecoins Enter the ETF Arena

Memecoins have exploded this year, particularly among retail traders. As interest grows, ETF providers are exploring ways to tap into this speculative but lucrative market. Balchunas expects that before we see a pure memecoin ETF, several active crypto ETFs will roll out first, setting the stage for more niche products.

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His remarks came in response to a post by the team behind “Vladcoin,” suggesting that ETFs should actively trade memecoins—buying the strong, selling the weak.

Spotlight on Dogecoin ETF Filings

Interest in a potential Dogecoin ETF is already high. Major players like Grayscale, Bitwise, 21Shares, Osprey Funds, and Rex Shares have filed with the SEC to launch ETFs based on Dogecoin, Bonk, and Official Trump (TRUMP).

However, the SEC has yet to approve any memecoin ETFs—or even altcoin-based ones like Solana, XRP, and Litecoin—despite dozens of applications filed this year.

Memecoin Market: Boom to Bust?

While early 2024 saw memecoins skyrocket, recent months have brought steep corrections. TRUMP is down 86%, Dogecoin by 75%, Shiba Inu (SHIB) by 85%, and Pepe (PEPE) has lost nearly 60%. Despite the downturn, the push for ETFs suggests long-term faith in the sector.

The post Are Memecoin ETFs Coming? Analyst Says They Have a “Good Chance” appeared first on Coin Engineer.

Solana’s DeFi Protocol Loopscale Halts Lending After $5.8M Hack

Yigit Taha OZTURK — Sun, 27 Apr 2025 14:00:03 +0000

Solana-based decentralized finance (DeFi) protocol Loopscale temporarily paused its lending operations after suffering an approximately $5.8 million exploit.

On April 26, a hacker siphoned around $5.7 million USDC and 1,200 SOL by executing a series of undercollateralized loans, co-founder Mary Gooneratne said.

Following the attack, Loopscale announced it had re-enabled loan repayments, balance top-ups, and loop closing. However, “all other app functionalities, including Vault withdrawals, remain temporarily restricted” as investigations continue.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Gooneratne clarified that only the USDC and SOL vaults were impacted, with the losses representing about 12% of the protocol’s total value locked (TVL).

DeFi Sector Continues to Face Cyber Threats!

The Loopscale team emphasized that they are fully mobilized to investigate the incident, recover the stolen funds, and protect users.

In the first quarter of 2025, hackers stole over $1.6 billion in cryptocurrencies from exchanges and on-chain smart contracts. Over 90% of these losses were attributed to the $1.5 billion hack on the centralized exchange ByBit, reportedly orchestrated by North Korea’s Lazarus Group.

Loopscale’s Innovative Lending Model

Loopscale officially launched on April 10 after a six-month closed beta. The platform aims to boost capital efficiency by directly matching lenders and borrowers.

Unlike traditional DeFi platforms like Aave, Loopscale operates on an order book model rather than liquidity pools.

Its main USDC and SOL vaults currently offer annual percentage rates (APRs) exceeding 5% and 10%, respectively. It also supports lending markets for tokens such as JitoSOL, BONK, and looping strategies for over 40 token pairs.

Loopscale holds approximately $40 million in total value locked and has attracted over 7,000 lenders, according to researcher OurNetwork.

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