The crypto memecoin sector is making waves with its impressive performance, even as major cryptocurrencies struggle.
All major memecoins, from Dogecoin [DOGE] to Peanut the Squirrel [PNUT], have experienced notable upward momentum.
The potential reason for this major upside momentum is the shift in investors’ and institutions’ interest from top assets like Bitcoin [BTC], Ethereum [ETH], and Solana [SOL] to memecoins.
This rising interest is the reason behind memecoins pumping once again.
Additionally, many memecoins have experienced a mini breakout this weekend, attracting increased investor interest. Memecoins like DOGE, Pepe [PEPE], dogwifhat [WIF], and Bonk [BONK] saw a bullish breakout.
DOGE price prediction for December 2024
Based on historical momentum, if the price successfully retests the $0.45 level and closes a daily candle above the $0.48 level, there is a strong possibility that DOGE could soar by 18%, reaching $0.58 in the coming days.
PEPE price prediction for December 2024
If the memecoin sustains itself above the $0.0000238 level, there is a strong possibility it could soar by 45% to reach the $0.0000352 level in the coming days.
WIF price prediction for December 2024
In addition to DOGE and PEPE, WIF has recently broken out of a consolidation zone and was retesting the breakout level at press time.
If WIF sustains itself above the $3.40 level, there is a strong possibility it could rise by 25% to reach the $4.60 level in the coming days.
These memecoins appear bullish and are currently retesting their breakout levels.
Market sentiment also seems optimistic, suggesting they could soar significantly in the coming days as whales and institutions continue to show strong interest in these memecoins.#WeAreAllSatoshi #BTC☀️ $BTC $ETH $PEPE