The cryptocurrency market is ready for a bull run as Bitcoin open interest across all exchanges hits a new all-time high of $19.75 billion. Memecoins are leading the way with massive growth as market sentiment improves.

Wondering which meme coin to buy now that FOMO has set in? Don’t worry. Here are the top three popular and fast picks that have 2x’d this month.

Best Meme Coins to Buy:

Pepe

As the third largest meme coin in the industry, Pepe has a market cap of $1.16 billion. Currently, the meme coin is trading at $0.00001055, dominating the psychological mark.

PEPE has gained 2.34% in the past 24 hours and is signaling a breakout from a cup-with-handle pattern on the daily chart. The neckline of the trend continuation pattern coincides with the 50% Fibonacci level at $0.00001670.

The ongoing bull cycle is approaching the neckline level with the bullish bounce of the 50-day EMA. The daily RSI line continues to trend upwards above the 50% line as the golden cross of the 50-day EMA gains momentum. Therefore, the technical indicators support the possibility of upside continuation.

According to the Fibonacci levels, a breakout of the cup with handle pattern could reach the 100% Fibonacci level of $0.00001697. Optimistically, if the bullish trend continues by the end of the month, the 1.2725 Fibonacci level of $0.00001943 is a potential price target.

Wondering if PEPE will hit a new all-time high? Check out Coinpedia’s in-depth PEPE price forecast from 2024 to 2030 now.

The Book of Memes (BOME)

With a market cap of $705 million, Book of Meme has quickly risen to prominence. Currently, it is trading at $0.0010, up 13.28% in 24 hours. Over the past seven days, the meme token has gained 59.32% to break the $0.0010 mark.

On the daily chart, the recovery rally in the memecoin surpassed the long-term resistance trendline, resulting in a trend reversal rally. With a break above the 200-day EMA, the uptrend is approaching the 50% Fibonacci level of $0.0132251.

If the bullish trend continues, the 100% Fibonacci level of $0.020 would serve as a potential price target by the end of the month.

The first NEIRO on Ethereum (NEIRO)

The recently launched first NEIRO token on Ethereum is currently gaining popularity. The market cap of the NEIRO token is close to $1 billion and it is currently trading at $0.002227.

It is up 14.69% in the past 24 hours and 31.77% in the past seven days. Meanwhile, the monthly gain is a staggering 5,000%. On the daily chart, the massive uptrend in the NEIRO token shows a string of bullish flag formations, revealing the trend continuation of the bullish flags.

Currently, the recent flag breakout surpassed the 1.618 Fib level at $0.00214788. According to the Fibonacci retracement, the 2.618 Fib level at $0.00370818 is a potential price target by the end of the month if the bullish trend continues.