Three Memecoins to Consider This Bull Run 🔥
1. $PEPE
Current Price: ~$0.000024
Total Supply: 420 trillion units
Performance: Up over 30% from its May 2024 high of $0.00001718.
The ongoing burning of tokens is reducing its total supply, which could lead to significant price increases if demand continues to grow.
2. $SHIB (Shiba Inu)
Current Price: $0.00001843
Market Cap: ~$10.86 billion
Total Supply: 589.3 trillion units
Performance: Up 79% from its 2021 high.
Technical analysis indicates upward momentum, and with the burn rate nearing oversold territory, there could be potential for a limited rally.
3. $BTTC (BitTorrent)
Current Price: $0.00000137
Although the coin remains heavily oversupplied, its prospects could improve with innovative use cases or strong market support to reduce circulating supply.
Conclusion
All three coins have undergone supply reductions, contributing to upward price pressure. Investors should monitor these trends closely to capitalize on potential gains.
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