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Veteran trader Unipcs, known for his $18 million profit from a single Bonk (CRYPTO: BONK) trade, has set his sights on BONK and Floki (CRYPTO: FLOKI) as the potential frontrunners in the next meme coin surge.
What Happened: Unipcs predicts the overall meme coin market could reach $300 billion, with these two tokens at the forefront of this explosive growth, in an interview with crypto trading platform Bybit.
Unipcs, who gained prominence for turning a modest $16,000 investment into over $18 million through a leveraged BONK position, is bullish on the two meme coins based on a combination of technical analysis, community dynamics and macro-economic factors.
“I believe BONK has massive potential as a top memecoin,” Unipcs stated, citing its connection to Solana (CRYPTO: SOL) culture and accessibility on major exchanges as key strengths.
He also pointed to FLOKI as his largest meme coin holding, expressing confidence in its ability to outperform in the coming cycle.
Also Read: Bitcoin, Ethereum Down 2% Despite ETF Flows, But One Cryptocurrency Is Up 12%
Community strength is a crucial factor in Unipcs’ evaluation process.
He looks for communities with “irrational passion” and strong advocacy, believing these traits are essential for a meme coin’s success.
The trader also stresses the importance of liquidity, paying close attention to trading volume and accessibility on both decentralized and centralized exchanges.
Regarding his predictions for the current cycle, Unipcs is notably optimistic.
He anticipates the overall meme coin market will not peak until it reaches at least $300 billion.
Furthermore, he expects several individual meme coins, including BONK, FLOKI, Wif (CRYPTO: WIF) and Pepe (CRYPTO: PEPE), to surpass $10 billion in market capitalization.
What’s Next: The upcoming Benzinga Future of Digital Assets event on Nov. 19 is expected to shed more light on this controversial yet increasingly influential sector of the digital economy.
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