This year's bull market is definitely a bull market for altcoins, especially the MEME sector. Everyone should continue to pay attention. Here are some potential MEME coins for everyone.
1. DOGE
It started out as a joke and later became one of the most recognized cryptocurrencies in the world.
With a price of less than $1 and a market capitalization of more than $1 billion, $DOGE is a strong competitor in the cryptocurrency field. $DOGE's further advantage lies in its strong community support and stable recognition in many investors' portfolios.
Given its status as a meme coin, Dogecoin may fluctuate, offering high risk and reward. Despite volatility, DOGE's established existence and growth potential make it an attractive low-cost and potentially high-yield cryptocurrency.
At present, DOGE's trend is very healthy, slowly going up. I have seen this kind of market. Once such a trend is adjusted, you will see a wave of accumulated rising market.
2. SHIB
Shiba Inu (SHIB) has been struggling to gain momentum after rising in March. Despite its popularity, the price of SHIB has gradually declined since its peak in March. Despite this, the asset seems to have seen some positive price changes in the past few days. The popular dog-themed cryptocurrency is up 5.1% on the 14-day chart and 1.8% from the previous month. Moreover, the price of SHIB has risen by nearly 162% since May 2023.
In addition, Shiba Inu (SHIB) may continue its bullish trajectory in the coming weeks. According to X user Javon Marks, SHIB is in a lull and is preparing for a massive bull run. Marks expects SHIB to rise by more than 280% and hit $0.000088598, which will also set a new all-time high.
3. PEPE
Pepe Coin recently soared to a new all-time high, breaking market expectations and attracting the attention of a large number of smart money traders who have transferred a large number of PEPE tokens. Data from the on-chain analysis platform shows that the total transfer of PEPE reached 250.4 billion in the past 24 hours.
Among them, some smart money addresses have made significant accumulation and selling. For example, one address accumulated 406.74 million PEPE from the Binance exchange, while another address dumped 250 billion PEPE to the exchange. Interestingly, the latter address accumulated 475 billion PEPE on the day of the token launch, and has since sold most of them, earning a significant return on investment.Despite this, the address still holds a large amount of PEPE, indicating confidence in further price increases. PEPE is likely to surpass shib to become the second largest MEME coin by market capitalization
4. FLOKI
The daily chart shows that FLOKI prices have formed higher lows, indicating that buyers are actively accumulating on dips in an attempt to regain control of the market. These lows connect with the support trend to form an ascending triangle pattern.
In theory, this chart setup indicates the establishment of bullish momentum, which is further strengthened by the break of the neckline resistance.
Yesterday, FLOKI prices rose 16% and broke through the neckline resistance of $0.000202. This rebound may be related to FLOKI's listing on Revolut Business, Europe's leading new banking and retail trading application with 40 million users in more than 150 countries.
This strategy aims to simplify the process of purchasing FLOKI for businesses across Europe, which may accelerate its adoption and realize the vision of becoming the world's most well-known and widely used digital currency.
If the breakthrough continues, the price of FLOKI coin may rise to $0.00026 or even $0.000031.
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