Despite the overall calm in the cryptocurrency market, meme coins managed to remain at the forefront of interest during Q3 2024. As Q4 approaches, some of these coins continue to show signs of potential upside. In this article, we will review five meme coins to watch in October 2024.
1. First Neiro on Ethereum
NEIRO, the first Nero on Ethereum, has seen a staggering 4,313% surge since its launch in September, reaching an all-time high of $0.00137. Despite a slight correction, the coin is expected to continue its upward trend, with a potential target of $0.00250 in October. If it fails to break above this level, it could see a drop to $0.00103 or lower.
2. BabyDoge Coin
BabyDoge has seen a 131% increase in the past month and is currently looking to break through major resistance levels at $0.000000002320 and $0.000000002571. If it manages to break these barriers, it could rally to $0.000000003800. However, it could turn lower if it loses momentum, recording lows at $0.000000001968.
3. Shiba Inu (SHIB)
Shiba Inu is heading to test resistance at $0.00001961 after a period of consolidation. If it breaks this level, it could face resistance at $0.00002093, and it could continue rising above the $0.00002093 to $0.00002976 range. If it fails to break these barriers, it could drop to $0.00001699, and possibly to $0.00001462.
4. Mother Iggy
Mother Iggy is one of the coins that has a strong chance of making a new all-time high in October. If it can turn the $0.149 level into support, it could surge 93% to break the $0.242 level. If it fails, it could see a drop below $0.10, with a potential drop to $0.051.
Watch these coins carefully, as they could see strong volatility during October 2024, and are exciting options to follow for cryptocurrency investors.
