The meme coin market has seen another volatile 24 hours. Dogwifhat (WIF) and Bonk (BONK) have cooled off as traders took profits. Meanwhile, the new seal-themed token Sealana (SEAL) has attracted attention, surpassing $3 million in its presale phase.

WIF Takes a Breather:

WIF's recent rally has slowed, dropping over 5% to $3.25, falling below its 20-day EMA on the hourly chart. This drop suggests the uptrend might be ending, though high trading volumes (up 142% to $1.1 billion) indicate a possible brief pause before another move up.

BONK Cools Down:

BONK is also winding down, trading at $0.0000379, over 5% down from yesterday’s high. Despite the pullback, BONK remains strong near its 20-day EMA on the 4-hour chart, supported by high trading volumes of $933 million, hinting at a potential rebound.

Sealana Gains Traction:

While WIF and BONK cool off, Sealana continues to gain traction, raising $3 million in its presale at $0.022 per SEAL. Influencers predict SEAL could significantly increase in value once listed, generating buzz in Sealana’s Telegram community, now over 6,300 members strong. The project aims to capitalize on market interest, potentially becoming Solana’s next big meme coin.