Top 5 Solana Meme Coins to Keep an Eye on This March

This March, several notable meme coins on the Solana network are making waves. These include DOGEai (DOGEAI), Official Trump (TRUMP), BONK, AI16Z, and Official Melania (MELANIA). Among them, DOGEai has experienced a significant surge of nearly 20% over the past week, driven by narratives surrounding AI and government transparency.

TRUMP may gain traction with the anticipated White House Crypto Summit, while BONK remains the second-largest meme coin within the Solana ecosystem, despite a notable decline. AI16Z is facing challenges alongside the broader AI cryptocurrency sector, and MELANIA has seen substantial losses but may benefit from upcoming political events.

DOGEai (DOGEAI)

DOGEai is an innovative artificial intelligence meme coin currently boasting a market cap of nearly $35 million, having risen over 50% in the last two weeks. Positioned within the trend of merging Dogecoin popularity, governmental efficiency narratives, and AI cryptocurrency innovation, DOGEai functions as an AI agent that analyzes governmental spending and policy decisions, offering insights and summaries of public expenditures.

If the upward trend continues, DOGEai might challenge resistance at $0.0573, aiming for targets of $0.0683 and potentially $0.098 in a bullish scenario. Conversely, if it encounters significant downward pressure, support is positioned at $0.048, with a breakdown below this level potentially leading to declines toward $0.029 and $0.0119.

Official Trump (TRUMP)

The upcoming Trump Crypto Summit, scheduled for tomorrow, could be pivotal for Official Trump (TRUMP). This meme coin has struggled to rise above $20 in the past two weeks but may experience renewed interest due to the upcoming event. Historically, TRUMP reached a market cap of $15 billion at launch but has since decreased in value by over 80%, now valued at $2.7 billion.

With potential momentum, TRUMP could retest resistance levels at $14.4, $17.4, and $20.7, while a strong uptick might push it toward $24.5, levels it hasn't seen since January 31. On the flip side, if bearish trends persist, support could be found at $12.17 or $11, with breaking below $11 resulting in all-time lows.

BONK

BONK, once the leading Solana meme coin, now holds the second position, with a market capitalization of approximately $983 million. Its value has dramatically decreased from the $4 billion peak recorded in November 2024, impacted by a broader correction within the Solana ecosystem over the last month.

Should Solana and its meme coins regain momentum, BONK could aim to break resistance levels at $0.000014 and $0.0000156, with potential targets as high as $0.0000197 and a bullish rally pushing it to $0.0000265. However, continued market corrections could see BONK dropping below $0.000012, with possible lower levels of $0.0000109 and under $0.00001 for the first time since December 2023.

AI16Z

AI16Z, a meme coin based on Solana and focused on crypto AI agents, currently has a market cap of about $315 million. It has been affected by the broader correction in the AI crypto sector over the past 30 days, with its price declining nearly 30%. Nonetheless, some AI-related coins have begun to show signs of recovery recently, leaving uncertainty about future movements.

If the narrative around crypto AI agents regains strength, AI16Z could encounter resistance at $0.419, with a breakout potentially pushing its price to $0.627. If price corrections continue, support is likely around $0.25, and breaking below this support may lead to the lowest price levels since November 2024.

Official Melania (MELANIA)

Similar to TRUMP, MELANIA may see increased interest following Trump’s Crypto Summit as investors often seek catalysts in politically themed meme coins. Launched on January 19, MELANIA initially surged to a market cap of $2 billion but has since faced a steep decline, dropping 50% in the past month. Currently, it’s trading below $1, grappling with support levels near its all-time lows.

The potential for a rebound could lead MELANIA to resistance levels at $0.94 and $1.296, with further gains possible up to $1.39 and then $1.61, marking a return to levels not witnessed since February 6. Yet, if selling trends continue, MELANIA might struggle and fall below $0.795 and $0.763, with a drop below $0.7 indicating new record lows.

As the markets remain volatile, Solana's meme coins are showing mixed signals, with DOGEai seeing gains while TRUMP awaits potential catalysts. Critical price levels are likely to dictate their forthcoming movements.