The ongoing bullish market trend is witnessing a significant surge in the popularity of meme coins. Analysts are predicting that the excitement surrounding these tokens may surpass that of non-fungible tokens (NFTs) from the previous bull run.

According to analyst BERLY, the trend began with Bonk (BONK) in October and has continued in cycles for the past eight months. During this period, several meme coins have seen their market capitalizations grow from zero to exceeding $100 million while maintaining their value.

BERLY highlights that the altseason is yet to commence, indicating that investors still have the opportunity to capitalize on substantial profits. The analyst underscores the importance of recognizing the pattern of this current bullish market promptly.

Various funds like DWF and Wintermute are just starting to invest in meme coins, while Gotbit has been actively involved since the beginning, especially within the Solana ecosystem.

Milei Moneda is a new meme coin inspired by the political and economic ideologies of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. The ongoing low presale price offers an early investment opportunity for interested individuals.

CryptoJack, another notable analyst, recently shared insights on Bonk's price movement, which aligns with his predictions from the previous week. The token is currently at a crucial support level to sustain its bullish momentum.

Technical analysis from altFINS suggests a positive outlook for Bonk, with potential upside following a recent bullish breakout. The analysis recommends a strategic entry point near the $0.000030 support level, with a projected 50% increase back to $0.000046.

The momentum and support/resistance levels for Bonk indicate a strong bullish sentiment, but there are indications of a potential downturn in momentum. The nearest support and resistance zones are identified to guide investors in decision-making.