Solana Memecoins demand spikes $985M despite Bitcoin dip: GOAT, CHILLGUY, BINK Price analysis

Solana Memecoin Market Analysis: 

On November 27, Solana memecoin markets trading volume reached $19.8 billion up 5% in the last 24-hours, despite bitcoin prices tumbling to weekly lows.

While top ranked Solana memes like WIF, BONK, POPCAT all mirrored the market downtrend, traders have continued to channel funds towards newly-launched tokens like GOAT, CHILLGUY, BINK.

Solana memecoin market volumes hit $19B amid BTC dip

Bitcoin prices tumbled below $92,000 on Wednesday, after MicroStrategy as $5.4 billion purchase below market price triggers market-wide liquidations. But while the rest of the crypto market entered a downtrends, Solana memecoin sectors continues to attract demand.

According to CoinGecko data, the Solana memecoin sector recorded a 5% surge in demand as trading volumes crossed $19.7 billion on November 27.

This 5% surge reflects that Solana memes grew by $985 million despite mega cap assets, while top ranked tokens like BONK, Dogwifhat (WIF), POPCAT  all booked significant losses within the 24-our timeframe.

This shows that Solana memecoin investors are leaning overwhelmingly towards newly-launched tokens. In further affirmation of these stance, the Just a Chillguy (CHILLGUY), Moo Deng and Goatsues Maximus (GOAT) are currently the 3 most searched memes on Coingecko at press time.

Technical analysis indicators provide insights on how these 3 in-demand tokens could move in the days ahead.

1. Just a Chill Guy (CHILLGUY); Tik-tok viral memes sparks $650M inflows

What is Chill Guy? 

Chill Guy is a newly-launched Solana meme that gained prominence after going viral on Tik-Tok over the past week.

The ‘Chill Guy’ memecoin originates from laid-back dog character, initially by artist Philip Banks and introduced on Instagram on October 4, 2023,

The CHILLGUY token gained prominence over the past week, as jokes referencing the character went viral on platforms like Tik-tok, Instagram and X (formerly Twitter) over the past week.

Chillguy Technical Analysis: 

At the time of publication, the CHILLGUY meme token price broke past $0.60, amassing $645 million market cap, within a month post-launch. Notably, the token surged 193% between November 23 and November 27, fueled by listings on Crypto.com and Bybit.

With Binance and Coinbase listings yet to materialize, speculative demand could sustain CHILLGUY’s upward price momentum.

The Donchian Channel shows the token testing its upper boundary near $0.65, a critical resistance level. A breakout above this level could open the path to further gains, particularly if buying pressure persist.

Bull-Bear Power (BBP) at 0.212 indicates strong bullish momentum, underscoring market confidence in CHILLGUY’s continued upside. Immediate support lies at $0.45, marked by the channel’s midline. A breach here could signal a correction toward $0.26, the lower channel boundary.

However, the next few sessions will be crucial as the market determines if bulls can solidify $0.65 as a new support.

2. Big Dog Fink (BINK): Meme Token Rides Viral Wave, Eyes $0.00475 Resistance

What is Big Dog Fink?

Big Dog Fink (BINK) is a meme token born from the “Big Dog” internet phenomenon that recently exploded across social media. Initially a playful nod to oversized pets, the meme quickly evolved into a widely shared cultural reference, thanks to creative adaptations on TikTok and Instagram.

BINK launched on Crypto.com in mid-November 2024, attracting significant attention from meme enthusiasts and traders alike. With its quirky premise and an already loyal online following, BINK has carved out a niche among newer entrants in the crypto-meme space.

Big Dog Fink Technical Analysis

BINKUSD has gained over 40% in the past 48 hours, driven by strong retail demand and viral social media traction. Currently priced at $0.00352, the token is consolidating after a sharp rally from $0.00229 earlier this week.

The Bollinger Bands highlight a widening volatility range, with resistance at $0.00475 and support forming around $0.00229. The current price hovers near the upper band, suggesting a retest of resistance could occur if bullish momentum sustains.

The Accumulation/Distribution Line (ADL) indicates steady buying pressure, sitting at 1,603. A breakout above $0.00475 would likely attract further speculative interest, potentially driving the price to $0.005 or higher in the short term. Conversely, a drop below $0.003 may initiate a pullback to $0.00229, the lower Bollinger Band boundary.

With meme coins remaining highly speculative, traders should monitor trading volumes and social media activity to gauge market sentiment.

3. Goatseus Maximus (GOAT): The ‘Apex Predator’ crosses $800M market cap

What is Goatseus Maximus?

Goatseus Maximus, abbreviated as GOAT, has emerged as one of the latest viral sensations in the meme coin landscape.

Drawing inspiration from the concept of “greatest of all time,” this Solana-based token has cultivated a community driven by humor, exclusivity, and memes referencing legendary icons. Initially launched in early November 2024, GOAT gained traction through high-profile mentions and memes on platforms such as X (formerly Twitter) and Reddit.

In contrast to conventional meme coins, Goatseus Maximus integrates unique gamified staking rewards, leveraging decentralized finance (DeFi) principles. This approach has amplified its appeal, resonating with both retail traders and influencers.

GOAT has become the self-proclaimed “apex predator” in the meme coin world, aiming to dominate both market share and cultural impact.

GOAT Technical Analysis

As of publication, GOAT trades at $0.86, reflecting a steady performance amid volatile market conditions. The token has maintained a 24-hour trading range between $0.81 and $0.88, suggesting consolidation before its next major move. Recent listings on Binance and Bitget have bolstered market liquidity and visibility.

The Bollinger Bands (BB) reveal a tight price squeeze near $0.90, a significant resistance zone. A breakout above $0.90 could propel the token toward its upper band at $1.22, driven by increased bullish momentum. The lower band at $0.62 serves as immediate support, which if breached, could signal a correction toward $0.50.

Directional Movement Index (DMI) readings also provide insights into market sentiment. The +DI line at 42.03 indicates strong buying pressure, while the -DI at 18.27 highlights diminishing sell-offs. With an Average Directional Index (ADX) of 9.96, momentum remains subdued, suggesting that traders are awaiting a definitive catalyst.

GOAT’s ability to maintain its position above key support levels and the community’s enthusiastic backing indicate potential for sustained growth. However, the breakout narrative hinges on increased trading volume and renewed investor confidence.