1) Shiba Inu (SHIB)
Shiba Inu (SHIB) is a meme-based cryptocurrency that started as a playful homage to Dogecoin. SHIB's key fundamentals include a significant social media presence, a strategic token burn to reduce supply, and the continued development of the ecosystem.
Market data:
- Price: 0.000026$
- Market capitalization: 14.7 billion USD
- Trading volume in 24 hours: 250 million USD
If the previously mentioned support remains intact, the buyers could breach the highest resistance at $0.00003. This breakout could provide further confirmation of market sentiment shifting from selling on the rise to buying on the decline. The rally following the breakout could push the asset to $0.000038, followed by $0.000054.
2) Floki (FLOKI)
Floki is a meme-inspired cryptocurrency that has evolved from its origins as a playful homage to Elon Musk's Shiba Inu dog. The core of the Floki ecosystem includes Valhalla, an NFT game metaverse that allows players to earn rewards through engaging activities such as battles and asset trading.
Market data:
- Price: 0.0000259$
- Market capitalization: 2.44 billion USD
If supply pressure continues, the coin price could drop another 20% to find support at the ascending trendline. A recovery from this floor could push the asset above the $0.0000313 ceiling.
3) SLEEP (Trump)
MAGA Coin, also known as TRUMP, is a meme cryptocurrency inspired by the “Make America Great Again” slogan associated with former United States President Donald Trump. The coin aims to merge political finance (PoliFi) with traditional crypto principles, targeting Trump supporters and conservative causes.
Market data:
- Price: 14.7$
- Market capitalization: 637.4 million USD
The Trump currency entered a strong recovery from the second week of May when the price recovered from the support level of 4.12 USD. The reversal has pushed the asset up 256% from current trading. Sustaining this breakout would give buyers the right support to lead a rally higher and target the potential at $22, followed by $25.