PEPE: Riding the green wave
Pepe (PEPE), a meme cryptocurrency that runs on the Ethereum blockchain, has proudly surged nearly 800% over the past month. According to CoinMarketCap data, Pepe price jumped from $0.000001017 to $0.00000863. Its market capitalization also grew from $431M to $3.62B at that time.
Technical analysis for the meme coin also paints a bullish picture, with 21 indicators flashing green. Additionally, Pepe Coin is currently trading above the 21-day EMA. Experts have made bullish predictions about Pepe’s price for various reasons. They predict that the price could surge to $0.000013 in the second quarter of 2024.
Dogecoin (DOGE): One of the original memecoin titans
Dogecoin (DOGE) launched as a joke in 2013 but continues to attract attention. With its Shiba Inu mascot and meme roots, DOGE has become synonymous with “meme coin” in the minds of many. In terms of Dogecoin price action, it surged from $0.081 to $0.17 in the last month alone. During this time, its market capitalization rose from $11.60B to $24.73B.
The Dogecoin cryptocurrency is now experiencing a 19/30 (63%) green trading day. Additionally, 28 technical indicators are showing buy signals. Market analysts remain bullish as the meme token trades above its 100- and 200-day moving averages. Their Dogecoin price prediction predicts a rise to $0.25 before the end of the second quarter of 2024.
Shiba Inu (SHIB): Showing tremendous growth
Shiba Inu (SHIB) is another meme coin that has been making headlines recently. According to CoinMarketCap data, the Shiba Inu price has risen from $0.000009401 to $0.000009401 over the past month, an increase of nearly 250%. Shiba Inu’s market capitalization surged from $5.54B to $19B at that time.
Technical analysis suggests that this bullish trend can be maintained. The meme token is currently trading above its 50-day and 100-day moving averages. Additionally, 25 technical indicators for Shiba Inu Coin are showing in the green. Experts note these factors when making their Shiba Inu price predictions. They predict a surge to $0.000059 in the second quarter of 2024.
Floki (FLOKI): From Meme Coin to Web3 Project
Floki (FLOKI) started out as a meme coin inspired by Elon Musk’s dog.Now, it has become an all-in-one Web3 project covering DeFi, NFT and Metaverse. As the “people’s cryptocurrency,” Floki turns what was once just memetic hype into a real thing.
The Floki cryptocurrency has been on an upward trend lately. In other words, CoinMarketCap data shows that FLOKI’s value surged from $0.00003088 to $0.0002661 in just 30 days. That’s an increase of almost 800%. During this time, its market capitalization rose from $295M to $2.53B. With 27 technical indicators in the green, market analysts predict a price surge to $0.000351 before the end of the second quarter of 2024.
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