The latest entrant into the meme coin arena, BONK, recently experienced a substantial surge in price, surging over 30% and reaching a high point within the month. This has led to speculation about whether other meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE will follow suit.

Operating on Solana, BONK has witnessed a remarkable increase in value over the past three days, generating heightened interest among cryptocurrency enthusiasts. The upward momentum commenced after BONK broke out from a descending triangle on February 9th, resulting in a significant uptick in market value. With recent forecasts suggesting a further 23.50% increase, the ascent of BONK's price may still have room to continue.

In contrast, Dogecoin, one of the early players in the meme coin domain, has displayed a relatively stable trend. Having traded within a parallel channel since the beginning of the year, DOGE now finds itself at a pivotal juncture. Depending on whether it breaches resistance levels or retreats, it could either experience an increase of approximately 6.58% or encounter a minor decline.

Shiba Inu has also garnered attention recently by breaking out of a descending channel, indicating a potential increase of 20.56%, potentially propelling SHIB to new heights. With a notable uptick already observed since this breakout, further expansion is anticipated.

Lastly, the less prominent PEPE has shown strong bullish signals and may be poised for significant growth. Should it break through the head-and-shoulders pattern it appears to be following, a substantial 63% rally could be triggered, propelling PEPE to unprecedented levels.

With the cryptocurrency market under scrutiny, BONK's surge has raised expectations for DOGE, SHIB, and PEPE. Whether BONK's rally foreshadows a broader upward trend among other meme coins or remains an isolated occurrence remains to be seen.