Meme-coin winter has not come to an end. July kicked off with a bang when BONK posted a new 10% one-day gain – its sixth consecutive green day out of eight – and inched the dog-themed token on Solana up 75 % in the last month.
One short step behind it, PENGU, the penguin-themed newbie that logged a 67% weekly gain, is again approaching breakout status.
As traders desperately Google the term 'next crypto to blow up,' a lesser-known competitor, $ZEFY, is waiting in the wings to launch.
Retail risk appetite recovered around the time Bitcoin successfully defended the $109k handle, and meme coins, which are high-beta sentiment proxies, have been benefiting. The close-to-million-holders record, in combination with new BONK ecosystem incentives, is drawing liquidity back into the dog-coin race. In the meantime, PENGU social quests have driven viral TikTok videos in their waddle-to-earn model, which has served as a reminder to the crypto market that storytelling remains important.
Here are the catalysts behind BONK’s July surge:
Having managed to overcome resistance at $0.000015, BONK is currently approaching another key resistance area at $0.000024, which was the former local top back in early May.
Should BONK price close above the $0.000024–$0.000025 level, it will confirm a larger bullish continuation pattern that may form a cup-and-handle structure, with upside potential reaching around the $0.000040 level.
Whales scooped 240 million PENGU this week, flipping the SuperTrend indicator to green for the first time since April. Analysts watch a price of $0.018 as a make-or-break point; a change to the upside might reach $0.028, which will triple the price in mid-June. But RSI is more than 70, which signals fatigue.
And June research projects even mid-single-digit increases unless BTC kicks higher.
Zephyr is a prediction-market dApp built on Solana, whose branding comes with a more meme-able aesthetic. It has a $ZEFY deployable as a liquidity pool incentive, governance and gamified (think, predict-to-earn) XP system. The TGE of the project is still active, collecting $708k at $0.008 per token.
As of now, Zephyr team confirmed two CEX talks on CoinLaunch AMA. What’s more, user growth surged as Zephyr introduced a Telegram bot that allows newcomers to enjoy the complete functionality of the platform. It rewards each sign-up with a $5 gift to lay predictions and continue earning.
Utility and meme energy makes $ZEFY a sleeper once BONK and PENGU have cooled off.
Let’s compare these three memecoins based on a public price and a current float.
Token | 30-Day ROI | Circulating MCap | FDV | Utilities | Community Size |
BONK | +75% | $1.54B | $1.79 B | Staking, Payments | 0.99M holders |
PENGU | +90% | $420M | $760 M | Social quests | 410k holders |
$ZEFY | n/a (post-TGE) | $6.6M | $10M | Prediction markets, Governance | 50k users |
To cut a long story short, BONK and PENGU can leave momentum traders satisfied. But value-hunters prospecting the next breakout story will see the risk-reward ratios tip strongly in favor of Zephyr at $ZEFY.
When BONK re-tests its December ATH, it brings in the prospect of ~40 %. In PENGU, the same would translate to ~55 %.
Currently, ZEFY is selling at only $0.008 during the pre-sale, and the team is already locked in at the price of the initial CEX listing of $0.015, a pre-built 87 % profit. On the other hand, a single mid-tier listing has the potential to take $ZEFY to $0.02 (a 200% gain over TGE price) without engaging FDV in any way that would push it to over anywhere near the current FDV of 200M.
This asymmetric potential is why a few CoinLaunch analysts have come to refer to Zephyr as the meme coin with fundamentals.
Source: CoinLaunch
In case you need to buy some $ZEFY now, the easiest spot is the official page of token sale. There they can purchase the token via Metamask or WalletConnect with USDT or BNB. Another way is buying $ZEFY directly by sending from the WEB3 wallet (not an exchange account) to one of the addresses.
Meme coins live on hype, and BONK and PENGU still enjoy the headlines. But as history tells, once first-movers get cold, capital seeks new stories. The mix of forecast markets and meme aesthetics at Zephyr might be that story. Nonetheless, crypto is a particularly risky toy to play with: you should not invest more than you are happy to lose.