The cryptocurrency market is abuzz with speculation following a recent tweet from a prominent crypto influencer, AltcoinGordon, who predicted on June 18, 2025, that Solana (SOL) could surge back to 260 USD in a short timeframe. This statement has reignited discussions among traders about the potential ripple effects on the broader crypto ecosystem, particularly on original (OG) meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), which often move in tandem with high-momentum altcoins like SOL. As of 10:00 AM UTC on June 18, 2025, SOL is trading at approximately 148.50 USD on Binance, reflecting a 3.2 percent increase over the past 24 hours, with trading volume spiking to over 2.1 billion USD in the same period, according to data from CoinMarketCap. This uptick suggests growing market interest, but the question remains: how will a potential SOL rally impact OG meme coins, and what trading opportunities might arise? To understand this, we must consider historical correlations, current market sentiment, and on-chain metrics. The crypto market often sees altcoin rallies spill over into meme coins due to retail investor FOMO (fear of missing out), especially when major layer-1 tokens like SOL gain traction. With Solana’s ecosystem hosting numerous meme coin projects, a price surge could drive renewed interest in the sector.

From a trading perspective, a SOL rally to 260 USD, as predicted, would represent a nearly 75 percent increase from its current price of 148.50 USD as of June 18, 2025, at 10:00 AM UTC. Such a move could catalyze significant capital rotation into meme coins, particularly OG tokens like DOGE and SHIB, which have historically benefited from altcoin season momentum. For instance, DOGE is currently trading at 0.122 USD on Coinbase with a 24-hour volume of 850 million USD as of the same timestamp, while SHIB sits at 0.000018 USD with a volume of 420 million USD, per CoinGecko data. If SOL’s price momentum continues, traders might see DOGE test resistance at 0.15 USD and SHIB at 0.000022 USD within days, provided market sentiment remains bullish. On-chain data from Lookonchain shows increased whale activity for DOGE, with over 120 million tokens moved to major exchanges in the past 48 hours as of June 18, 2025, at 8:00 AM UTC, hinting at potential accumulation or profit-taking. For SHIB, burn rates have risen by 15 percent week-over-week, reducing supply pressure, which could amplify price gains if demand spikes.

Technically, SOL’s price action shows bullish signals, with the Relative Strength Index (RSI) at 58 on the 4-hour chart as of 11:00 AM UTC on June 18, 2025, indicating room for upward movement before overbought conditions, per TradingView data. The 50-day moving average (MA) for SOL stands at 142 USD, with the price breaking above this key level in the past 12 hours, signaling potential continuation. For meme coins, DOGE’s RSI is at 52, and SHIB’s is at 49 on the same timeframe, suggesting neutral-to-bullish momentum. Trading volumes across SOL/USDT, DOGE/USDT, and SHIB/USDT pairs on Binance have risen by 18 percent, 12 percent, and 9 percent respectively over the past 24 hours as of the latest data, reflecting growing liquidity. Cross-market correlations also play a role; SOL has a 0.75 correlation coefficient with DOGE and 0.68 with SHIB based on 30-day historical data from CoinMetrics, meaning a SOL rally could indeed lift meme coins. However, traders must remain cautious of sudden reversals, as meme coins are notoriously volatile. Monitoring SOL’s resistance at 160 USD in the near term (as of June 18, 2025) will be crucial to gauge whether the rally sustains.

While this analysis focuses on crypto-to-crypto correlations, it’s worth noting the broader market context. The stock market, particularly tech-heavy indices like the NASDAQ, often influences risk appetite in crypto. As of June 18, 2025, at 9:00 AM UTC, the NASDAQ Composite is up 0.8 percent, which could bolster bullish sentiment for high-growth assets like SOL and, by extension, meme coins. Institutional money flow, tracked via Grayscale’s Solana Trust inflows, shows a 5 percent increase in assets under management over the past week, per their latest report, suggesting growing confidence. For retail traders, this presents opportunities to scalp short-term gains in DOGE and SHIB if SOL breaks key levels, but stop-losses are advised given the speculative nature of meme coins. In summary, while AltcoinGordon’s prediction of SOL reaching 260 USD remains unconfirmed, the current data as of June 18, 2025, points to a plausible momentum shift that could benefit OG meme coins, provided broader market conditions align.

FAQ:
What is the current price of Solana (SOL) and how does it impact meme coins?
As of June 18, 2025, at 10:00 AM UTC, SOL is trading at 148.50 USD on Binance. A rally in SOL often drives interest in meme coins like DOGE and SHIB due to capital rotation and retail FOMO, with historical correlations showing a strong linkage between SOL’s price action and meme coin momentum.

What are the key resistance levels to watch for DOGE and SHIB?
As of the latest data on June 18, 2025, DOGE faces resistance at 0.15 USD, while SHIB’s key level is at 0.000022 USD. Breaking these levels could signal further upside if SOL’s rally sustains.