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Here’s Why Meme Coin Prices Are Pumping: PEPE, WIF, FLOKI !! #StartInvestingInCrypto #ETHETFsApproved #Megadrop #altcoins #BinanceLaunchpool Meme coins are finishing this week on a high note on the day known as “Pepe Friday”. The Pepe price itself is performing well, but there are a few other meme coins to watch as we close out this week. Let’s find out. When we look at meme coin price performance this week, the top 6 coins by market cap show that 5 coins have had a “green” week, while only DOGE is slightly in the red with a 1.5% decrease. Memes have been a hot topic this cycle, and today’s good performance is most likely related to the “PEPE Friday” phenomenon. Dogwifhat (WIF) has actually performed the best in this group, with a 25% pump, closely followed by FLOKI with a 20% pump. PEPE gained 12%, with most of that (10%) occurring today on PEPE Friday. Jelle, a prominent crypto analyst with a following of 84,000 people on X, provided his analysis on the FLOKI token. For context, the FLOKI price is currently trading around $0.00026, while its all-time high (ATH) is in the $0.0003 area. He believes that FLOKI’s price action has unfolded precisely as anticipated, with the token reclaiming its previous all-time highs and now consolidating just below that level.An analyst known as Freeon X, with a following of 21,000 users, shared an insightful perspective regarding the meme coin space. Free acknowledged that identifying the next breakout success akin to WIF or PEPE will become increasingly challenging due to the influx of new meme coins launching daily and the saturation starting to occur within the mid-cap category. However, Free expressed a sentiment that despite these challenges, there is a strong likelihood of another meme coin project achieving a similar level of success as WIF or PEPE before the end of the current market cycle. As for meme coin price predictions, PEPE, FLOKI, and WIF (currently at $3.5) could continue their upward trajectories in the short term, especially with the meme coin hype surrounding “PEPE Friday.

Here’s Why Meme Coin Prices Are Pumping: PEPE, WIF, FLOKI !!

#StartInvestingInCrypto #ETHETFsApproved #Megadrop #altcoins #BinanceLaunchpool

Meme coins are finishing this week on a high note on the day known as “Pepe Friday”. The Pepe price itself is performing well, but there are a few other meme coins to watch as we close out this week. Let’s find out.

When we look at meme coin price performance this week, the top 6 coins by market cap show that 5 coins have had a “green” week, while only DOGE is slightly in the red with a 1.5% decrease. Memes have been a hot topic this cycle, and today’s good performance is most likely related to the “PEPE Friday” phenomenon.

Dogwifhat (WIF) has actually performed the best in this group, with a 25% pump, closely followed by FLOKI with a 20% pump. PEPE gained 12%, with most of that (10%) occurring today on PEPE Friday.

Jelle, a prominent crypto analyst with a following of 84,000 people on X, provided his analysis on the FLOKI token. For context, the FLOKI price is currently trading around $0.00026, while its all-time high (ATH) is in the $0.0003 area. He believes that FLOKI’s price action has unfolded precisely as anticipated, with the token reclaiming its previous all-time highs and now consolidating just below that level.An analyst known as Freeon X, with a following of 21,000 users, shared an insightful perspective regarding the meme coin space. Free acknowledged that identifying the next breakout success akin to WIF or PEPE will become increasingly challenging due to the influx of new meme coins launching daily and the saturation starting to occur within the mid-cap category.

However, Free expressed a sentiment that despite these challenges, there is a strong likelihood of another meme coin project achieving a similar level of success as WIF or PEPE before the end of the current market cycle.

As for meme coin price predictions, PEPE, FLOKI, and WIF (currently at $3.5) could continue their upward trajectories in the short term, especially with the meme coin hype surrounding “PEPE Friday.

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Solana Meme Coin Dogwifhat (WIF) Skyrockets 5% Amid Market Lull !! #BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #BTC #bitcoin In a surprising move, Dogwifhat (WIF), a meme coin on the Solana blockchain, has surged by over 5% despite a general slowdown on the broader cryptocurrency market. This surprising rebound comes as a breath of fresh air as the market witnesses a period of stagnation.The cryptocurrency market is currently experiencing a lull, with many major assets showing little to no movement. Bitcoin and Ethereum, the market leaders, have held steady in their price, setting the tone for other cryptocurrencies. Market performance remains mixed, with a handful of cryptocurrencies posting losses in a 24-hour time frame.However, amid this market's lackluster action, Dogwifhat has managed to capture attention with its notable price increase. WIF has been steadily climbing since hitting a low of $2.20 in Friday's market decline, which saw Bitcoin fall to its lowest price in nearly a month, prompting a flurry of crypto long position liquidations. At the time of writing, Dogwifhat was extending its rebound, up 5.16% in the last 24 hours to $2.53, having hit intraday highs of $2.55. If today closes in the green, WIF might mark its second consecutive day of gains. The Solana meme coin currently ranks as the 41st largest cryptocurrency with a market valuation of $2.52 billion. Meme coins often experience volatility based on news and hype cycles; Dogwifhat's surprising rebound might have been aided by a recent memetic statement made by Galaxy Digital CEO Mike Novogratz on X that indirectly alluded to Dogwifhat. As Dogwifhat continues to rise, it may encounter resistance around higher price points mainly at the daily SMA 50 at $2.94, particularly if the overall market sentiment does not change. As the scenario evolves, it remains unknown if Dogwifhat can maintain its momentum or if this surge is a temporary spike.
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Toncoin (TON) v Uniswap (UNI): Where Will Bulls Settle ? #BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #BTC #bitcoin Toncoin recorded losses today despite huge weekly gains while Uniswap maintained positive weekly and daily inflows. Amid the negative market sentiment, some crypto assets outperformed with double-digit weekly inflows. Last week saw huge losses in crypto assets after Bitcoin traded below $70,000 alongside altcoins falling below previous resistance levels. This bearish trajectory dragged assets downwards leading to billions liquidated from the market. Amid the uncertainty, Uniswap and Toncoin saw inflows in the last seven days. Today, crypto assets attempt a rebound with the market cap rising to $2.42 trillion while Uniswap surged 10%. However, Toncoin saw losses today despite a positive weekly momentum. Uniswap Attracts Bulls Decentralized crypto exchange, Uniswap picked up gains leading the top 20 crypto assets by market cap in short-term recovery. While other assets recorded inflows between 0.5% and 2%, UNI spiked over 10% as bulls ignited towards wider gains. At press time, UNI trades at $11.46 soaring past the $10 resistance level. In the last seven days, Uniswap saw 15% gains and over 50% inflows in the previous 30 days. This shows bullish momentum on the part of the asset as holders build up the rally. UNI’s market cap stands at $6.8 billion while trading volume ticked up 3% above $378 million. The assets have scaled resistance levels but stand at 74% below its $44 all-time high during the bull run in 2021. Toncoin Looks To Consolidate Weekly Trading Toncoin has plummeted 2.9% today while other assets saw slight inflows. This week, TON spiked 12.41% while several altcoins saw massive losses. The asset growth comes as its total value locked (TVL) increases as adoption soars. The network’s success is linked to Notcoin and TapSwap’s popularity. Both platforms boast 30 million and 49 million users respectively. At the moment, bulls seem to settle towards Uniswap although a change in sentiments can spike TON.
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Shiba Inu Coin Burn Rate Soars 685%, Market Eyes Price Rally !! #BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #altcoins #BTC Shiba Inu’s burn rate increased by 685% this week. Over 399 million SHIB coins burned in the last 7 days.Analyst predicts SHIB price could rise to $0.00002800.The Shiba Inu community has intensified its efforts to reduce the circulating supply of SHIB, with an astounding 685% increase in burned coins in a striking development this week. The Shibburn tracking platform confirmed this spike, signaling a potent move by holders to potentially boost the coin’s market value. Recent data from Shibburn reveals that over the past seven days, an impressive total of 399,586,110 SHIB coins were sent to irretrievable blockchain addresses, marking a significant escalation compared to previous weeks. This aggressive burning strategy aligns with predictions of an impending price surge, creating a bullish sentiment among investors. Market Analysts Predict Price Breakout Crypto analyst Ali Martinez highlighted the current market dynamics surrounding SHib Inu, pointing to technical indicators that suggest a nearing price breakout. With the current trading price slightly over $0.00002076, Martinez forecasts a potential rise to around $0.00002800. Such an increase would represent a substantial 35% gain, reinforcing confidence among SHIB holders and market spectators. Moreover, despite a recent 21.7% drop in its value, Shiba Inu has managed a modest recovery of 4.7%, trading at $0.00002068. This resilience underlines the community’s active participation and the robust interest in SHIB’s market behavior. Additionally, the backdrop of heightened burn rates and optimistic market analysis sets a promising stage for Shiba Inu’s financial trajectory. Investors continue to watch these developments closely, as the meme coin community gears up for potential gains.With technical analyses supporting a bullish outlook, the stage is set for what could be an exciting period in the trading history of SHIB.
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Will Worldcoin plummet to new all-time lows? #BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #altcoins #BTC WLD indicated bullish momentum after retesting key trendline support.Whale transactions and development activities signaled a potential reversal.Worldcoin [WLD] has witnessed a dramatic decline that has got investors concerned. As it approaches an all-time low, the question arises — is this is the bottom, or is its long-awaited reversal coming? WLD has been ranging between $6.5 and $4.2 levels for the last two months before breakdown from the $4.2 support level. The price has plummeted by around 21% since its breakdown on the 8th of June. WLD has retested the trendline support-that has been retested several times-and it is steadily building bullish momentum. As of writing, CoinMarketCap priced WLD at $3.46, a 6.29% drop in the last 24 hours and a 20.83% drop in the past seven days. Its market capitalization was $834 million. WLD’s volume surged by 16.03% to $174 million in the last 24 hours. WLD has retested the trendline support-that has been retested several times-and it is steadily building bullish momentum. The stochastic RSI (2.70) indicated an oversold zone that could trigger a price reversal if the bullish momentum tightens it muscles. Is there a glimmer of hope for Worldcoin? AMBCrypto analyzed Santiment’s whale and development activity data to find out if they backed a reversal or a further dip. Development activity has been rising steadily, indicating investors confidence in long-term WLD viability. Whale transactions had several spikes as well, suggesting that large holders might be accumulating as they found a key area to enter the market. This could trigger the price up for a potential reversal. The convergence of rising whale activity, sustained development activities, and a retest of the trendline support a potential reversal. However, if WLD breaks below the support level, the price may dip further.
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Polygon: Why it’s not the right time to buy MATIC !! #BinanceTournament #BTCFOMCWatch #EarnFreeCrypto2024 #altcoins #BTC Despite being close to the opportunity zone, MATIC might struggle to bounce.The token seems to have fallen into the bear phase, indicating that the price might go lower.If you ask many traders, they would most likely tell you that Polygon’s [MATIC] 43.28% fall should have provided a solid buying opportunity. But AMBCrypto found that activating the buy button at press time could be risky. However, this assertion was not without concrete evidence. As of this writing, MATIC’s price was $0.60. The last time the token hit or surpassed $1 was in March. MATIC is on the line Leading this bias was Polygon’s Sharpe Ratio. The Sharpe Ratio determines if the possible gains when compared to the risk are at a good level. A positive reading of the ratio suggest that the risk-to-reward ratio could be worth it. However, for MATIC, the Sharpe Ratio was -2.16. This means that the risk of buying MATIC at $0.60 might not be worth the reward the cryptocurrency might occur in the short term. As such, it could be better to wait for a lower price before accumulating. However, it is also important to check the Market Value to Realized Value (MVRV) ratio.The MVRV ratio can be used to spot opportunity (buying) and danger (selling) zone using the profitability holders have in the market. Historically, MVRV ratios between -14% and -28% have proven to be a good accumulation position before a price increase.For example, in October 2023 when the price of ratio was -17.60%, Polygon’s price jumped from 0.51 to 0.94 in November.A similar scenario happened in January as the token went from $0.73 to $1.27 in less than three months. Looking at MATIC’s current stance, the price has the potential to rise. However, before that happens, the value of the token might fall to $0.57.Furthermore, AMBCrypto looked at the MVRV Long/Short Difference. With this metric, traders can tell if a cryptocurrency has fallen into a bear phase or is in a bull stage.
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