Top Solana meme coins to look out for in March are DOGEai (DOGEAI), Official Trump (TRUMP), BONK, AI16Z, and Official Melania (MELANIA). DOGEai has witnessed a remarkable 20% surge in just a week, leveraging the trends of AI and government transparency.
TRUMP might see a surge in interest following the White House Crypto Summit, while BONK, despite a recent decrease, maintains its stance as the second-largest Solana meme coin. Meanwhile, AI16Z struggles in conjunction with the wider AI crypto realm, and MELANIA has faced substantial losses but could see an upturn with upcoming political events.
DOGEai (DOGEAI)
DOGEai, a meme coin rooted in artificial intelligence, boasts a market cap of nearly $35 million after a sharp 50% rise over the past fortnight. The project capitalizes on the popularity of Dogecoin, the thriving interest in DOGE (Department of Government Efficiency), and the AI crypto wave.
Operating as an independent AI entity engineered to scrutinize government expenses and policy choices, DOGEai furnishes succinct bill summaries and insights into public spending patterns.
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DOGEAI Price Update. Source: TradingView.
Should the upward trend persist, DOGEai may challenge the resistance level at $0.0573, with potential targets upwards at $0.0683 and even $0.098 in a robust bullish scenario.
Conversely, the support base rests at $0.048, and a breach beneath this mark could drive the price down to $0.029 or possibly $0.0119.
Official Trump (TRUMP)
The impending Trump Crypto Summit could be a game-changer for Official Trump (TRUMP), a meme coin that has been stagnant under $20 for over a fortnight. The event might reignite interest in the coin, which has been on a downtrend for a while now.
Initially a highly publicized meme coin, TRUMP briefly hit a $15 billion market cap at inception. However, it has since plummeted by over 80% and is presently valued at $2.7 billion.
TRUMP Price Update. Source: TradingView.
With a resurgence in momentum, TRUMP might test the resistance milestones at $14.4, $17.4, and $20.7, with a strong rally potentially propelling it toward $24.5 for the first time since January 31.
On a downside trajectory, persistent selling pressures could drive the price down to support markers at $12.17 or $11, and breaching the $11 barrier could set a new record low.
BONK
BONK, once the pinnacle of Solana meme coins, currently claims the second spot after being eclipsed by TRUMP, holding a market cap of approximately $983 million.
Although it retains its relevance among Solana meme coins, its valuation has substantially dipped from the peak of $4 billion in November 2024. The broader correction in the Solana ecosystem over the past month has weighed on BONK's price trends.
BONK Price Update. Source: TradingView.
In a scenario where Solana and its meme coins regain traction, BONK may test resistance levels at $0.000014 and $0.0000156. A breakthrough beyond these thresholds could propel the price to $0.0000197, with a vigorous rally possibly elevating it to $0.0000265.
However, if the correction persists, BONK could dip below $0.000012, testing $0.0000109 and potentially descending below $0.00001 for the first time since December 2023.
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AI16Z
AI16Z, a Solana-based crypto AI agent meme coin, currently holds a market cap of around $315 million. Similar to the broader AI agent crypto field, it has experienced a pronounced correction over the past month, with its value plunging by almost 30%.
Despite this downturn, certain AI-centric coins have demonstrated signs of recovery within the last week, creating an aura of uncertainty surrounding the next moves in this sector.
AI16Z Price Update. Source: TradingView.
If the narrative of crypto AI agents garners momentum again, AI16Z could probe the resistance zone at $0.419, with a breakthrough potentially catapulting it to $0.627.
Conversely, in a prolonged correction scenario, the price might descend to test support levels around $0.25, and breaching this level could send AI16Z to its lowest valuation since November 2024.
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Official Melania (MELANIA)
MELANIA, akin to TRUMP, could witness a resurgence following Trump's Crypto Summit as investors seek potential catalysts in political-themed meme coins. Unveiled on January 19, MELANIA swiftly soared to a $2 billion market cap but has since been on a steep downward trajectory, plunging 50% in the past month.
Struggling to find solid support, the coin has lingered below $1 for over a week, hovering close to its all-time lows.
MELANIA Price Update. Source: TradingView.
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A robust recovery could push MELANIA towards $0.94 and $1.296, with further momentum potentially steering it to $1.39 and conceivably $1.61 for the first time since February 6.
In contrast, sustained sell-offs may lead MELANIA below $0.795 and $0.763, and breaking below $0.7 could trigger fresh all-time lows.