LIVETop 3 Ethereum Meme Coins to Watch in June
1) Shiba Inu (SHIB)
Shiba Inu (SHIB) started as a playful homage to Dogecoin but has grown into a significant player in the crypto world. Its strong social media presence, strategic token burns to reduce supply, and ongoing ecosystem development are key factors behind its popularity.
Market Data:
*Price:$0.000026
*Market Cap: $14.7 billion
*24-hour Trading Volume: $250 million
If current support levels hold, SHIB could break past the $0.00003 resistance. This breakout might signal a shift in market sentiment from selling on rallies to buying on dips. Post-breakout, SHIB could rise to $0.000038 and potentially $0.000054.
2) Floki (FLOKI)
Floki, inspired by Elon Musk’s Shiba Inu dog, has developed into more than just a meme coin. Its ecosystem includes Valhalla, an NFT gaming metaverse where players can earn rewards through battles and asset trading.
Market Data:
*Price: $0.0000259
*Market Cap: $2.44 billion
Should supply pressure continue, FLOKI's price might drop another 20% to find support at the ascending trendline. A rebound from this level could push the coin beyond the $0.0000313 mark.
3) MAGA (Trump)
MAGA Coin, also known as TRUMP, blends political finance (PoliFi) with traditional cryptocurrency principles. Inspired by the "Make America Great Again" slogan, it targets supporters of former President Donald Trump and conservative causes.
**Market Data:**
- **Price:** $14.7
- **Market Cap:** $637.4 million
After rebounding from a $4.12 support in May, the Trump coin has surged 256% to its current level. Sustaining this momentum could lead to higher rallies, targeting $22 and $25.
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Stay updated with these meme coins as they continue to capture market interest and evolve their ecosystems.