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🔥💥3 Most Underrated Meme Coins to Buy in 2024 #floki Inu (FLOKI) With a falling channel on the 4H chart, the FLOKI price reflects a larger retracement phase in motion. However, the short-term reversal within the channel teases a breakout rally leading to a potential gold transition. With an increase of almost 50% in the last 30 days, the FLOKI price is approaching to reach the psychological mark of $ 0.00020. Also, the breakout rally will increase the hype around the meme coin and lead to a potential bull run to $ 0.000040. #pepe (PEPE) With a breakout rally, the PEPE MEME coin is heading towards a long upward trend. PEPE, which has become the best meme coin, is likely to return 10 times in 2024 if the broader Sunday recovers. The meme coin, which has moved beyond a falling channel, has risen by 60% in the last six days, creating a string of bullish candles. The uptrend is approaching the trend-based 50% Fibonacci level at $0.000008966. According to the retracement levels, the breakout rally could reach the $0.0000177 mark or the 1.618 level. Memecoin (#MEME ) MEME token offers the opportunity to enter the bullish reversal as one of the youngest names in the meme coin industry. With a reversal, the MEME token value has increased by 23% in the last seven days. With this reversal, the BREAST price is challenging the 50D EMA and may challenge the resistance trend line in a short time. Also, the MACD and the signal line are showing a bullish trend, increasing the chances of a bullish trend. If the bull run continues its momentum, the price of Memecoin could go up to $0.10 in the coming months. #Memecoins

🔥💥3 Most Underrated Meme Coins to Buy in 2024

#floki Inu (FLOKI)

With a falling channel on the 4H chart, the FLOKI price reflects a larger retracement phase in motion. However, the short-term reversal within the channel teases a breakout rally leading to a potential gold transition.

With an increase of almost 50% in the last 30 days, the FLOKI price is approaching to reach the psychological mark of $ 0.00020. Also, the breakout rally will increase the hype around the meme coin and lead to a potential bull run to $ 0.000040.

#pepe (PEPE)

With a breakout rally, the PEPE MEME coin is heading towards a long upward trend. PEPE, which has become the best meme coin, is likely to return 10 times in 2024 if the broader Sunday recovers.

The meme coin, which has moved beyond a falling channel, has risen by 60% in the last six days, creating a string of bullish candles. The uptrend is approaching the trend-based 50% Fibonacci level at $0.000008966.

According to the retracement levels, the breakout rally could reach the $0.0000177 mark or the 1.618 level.

Memecoin (#MEME )

MEME token offers the opportunity to enter the bullish reversal as one of the youngest names in the meme coin industry. With a reversal, the MEME token value has increased by 23% in the last seven days.

With this reversal, the BREAST price is challenging the 50D EMA and may challenge the resistance trend line in a short time. Also, the MACD and the signal line are showing a bullish trend, increasing the chances of a bullish trend.

If the bull run continues its momentum, the price of Memecoin could go up to $0.10 in the coming months.

#Memecoins

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🫨💥Shiba Inu: If 50 Trillion SHIBs Are Burned Every Year, Could SHIB Reach $0.1? #ShibaInu (#SHIB ) is one of the most popular cryptocurrencies on the market. The asset turned many early investors into multimillionaires. Since its launch in August 2020, the price of SHIB has increased by millions of percent. However, the popular dog-themed cryptocurrency has had a difficult time gaining momentum after its peak in 2021. One of the main obstacles to the price of SHIB is the large supply. There are about 589 trillion SHIB tokens in circulation. If the price of the asset rises too much, the market value of the project becomes too large to be realistic. Therefore, the project needs to reduce its supply in order to be able to target higher prices. Despite the fact that Shiba Inu (SHIB) is a burning portal, it does not burn as many tokens as necessary to achieve higher prices. However, 2 of the SHIB. with the launch of the layer network Shibarium, there is a lot of talk about the increase of burns. Shiba Inu: What Happens If 50 Trillion SHIB Tokens Are Burned Every Year? If Shiba Inu (SHIB) burns 50 trillion tokens a year, it can eliminate 90% of the tokens in circulation in a few years. The asset will have about 49 trillion tokens in circulation on the market. This can only help SHIB to reach a price point of about US$0.0001 to US$0.0003 Dec. In addition, SHIB's chief developer Shytoshi Kusama said that the burns alone will not raise the price of the asset. The asset also requires an increase in demand. Low supply and high demand are the trick to raising prices. However, although this task is difficult, it is not impossible. Shiba Inu (SHIB) has come a long way in its two and a half year history. It's a young project that still has a lot of room to grow. On the other hand, SHIB's competitor Dogecoin (DOGE) has been on the market for more than a decade. #memecoins #binance
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🔥💥VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens VanEck enters the memecoin space with a special tracking index VanEck entered the meme coin arena with an index to track how the best performing Bonk Inu (#BONK ), #Floki Inu (FLOKI) and Dogecoin (#DOGE ) performed against the worst performing Pepe (PEPE), Dogwifhat (WIF) and Shiba Inu (SHIB). Vaneck's MarketVector meme coin index MEMECOIN, popular for its HODL etf, tracks how the industry's six bigwigs are performing on market cap metrics. This weighted methodology will allow the business selection to be measured based on market value parameters. As a risk diversification strategy, the weights of the relevant coins will be limited to 30%. DOGE (30.64%) and SHIB (28.01%) lead the weight of the index. PEPE (14.18%), WIF (13.29%), FLOKI (7.17%) and BONK (6.21%) also took part. Aware that meme coins are a global bombardment point for speculative liquidity, the asset manager issued a disclaimer that “The coins are for entertainment purposes.” This underlines the volatility of the sector and the ease of price fluctuations based on market sentiment. Because of this quality, some believe that cat-themed tokens may soon enter the index. However, Vaneck's MEMECOIN index in itself is an indicator that meme coins are gaining recognition and acceptance in the space. During Token 2049, Tron founder Justin Sun discussed meme coins. In a follow-up post about X, he said, “Meme coins may seem unusual, but they highlight the power of community in crypto.” The sector is steadily turning into a real bona fide cryptocurrency Apr niche on its own. Avalanche Foundation's plans to start investing in the sector's tokens at the end of 2023 have reinforced this rise. #pepe #SHIB
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🔥💥Shiba Inu Coin: Burn Rate Increases 200% Amid SHIB Price Change, What's Next? Shibburn's data shows an approximate 200% surge in Shiba Inu's burn rate today. The burn rate upswing ignites hope for Shiba Inu, although broader market statistics weigh in fueling mixed market sentiments. Shiba Inu witnesses a price flux, with the token trading in the red at press time. #ShibaInu , the meme crypto positioned as the self-proclaimed Dogecoin killer, has once again stirred up a storm of speculation among crypto market traders and investors globally. Today, May 9, the crypto has recorded a significant 200% surge in its burn rate, a development that has coincided with a highly volatile price action experienced by #SHIB in the past 24 hours. These current market statistics have not only set the crypto space abuzz but also sparked discussions among the global crypto community over SHIB’s future price movements. Let’s delve into SHIB’s current cryptographic dynamics. Burn Rate Surge Ignites Hope For Shiba Inu Notably, insights streamlined by the meme coin’s burn tracker Shibbrun reveal that the burn rate surged 210.27% in the past 24 hours. Further, incinerating 24.63 million tokens from Shiba Inu’s supply, this surge in the burn rate rides usual market sentiments of optimism. Meanwhile, upon deeper investigation, it was found that a massive dead wallet transaction primarily sparked the burn upswing. Shibburn’s data shows that a wallet, going by the address 0xa9d1e08c7793a…, moved 24.17 million SHIB to a null address. This transaction has garnered significant attention, as data by Nansen further illustrated that the crypto holdings on this address totaled a whopping $287.57 million. At press time, the wallet’s SHIB holdings totaled 162.25 billion SHIB. This data, collectively, has set off ripples of speculation across the broader crypto market. #memecoins #binance #altcoins
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