Meme coins are crypto assets inspired by trending internet jokes, adding a fun twist for investors bored with traditional investing. #Memecoin is notorious for its volatility due to small market caps and strong communities, making prices move quickly. Some meme coins have seen significant price surges, attracting those hunting for rapid profits.
Check out these hot meme coins listed on #Binance under $1 with massive profit potential:
$MYRO
- Blockchain: Solana
- Backstory: Named after the dog of Solana co-founder Raj Gokal, designed to make crypto accessible for everyone.
- Current Price: ~$0.21
- Market Cap: ~$197.6M (as of May 24, 2024)
- 24h Volume: ~$52M
- Circulating Supply: 944.2M MYRO (94.42%)
- Max Supply: 1B MYRO
- Technical Analysis: MYRO soared, retested the Fibonacci golden zone, and is now testing resistance. Watch for an entry at $0.15 with targets of $0.3 to $0.7.
$DOGE
- Backstory: Based on the "doge" meme, featuring Shiba Inu, created as a fun, light-hearted alternative to Bitcoin.
- Current Price: ~$0.16 (as of May 24, 2024)
- Supply: Unlimited
- Market Cap: ~$23.03B
- 24h Volume: ~$3.16B
- Technical Analysis: DOGE has broken out of the accumulation zone and trendline, entering a bullish phase. Watch for a buy price between $0.09 and $0.12, with a target of $0.4.
$PEPE
- Blockchain: Ethereum
- Backstory: Honors the Pepe the Frog meme, aims to be a top meme-based crypto with no taxes, long-term holder rewards, and a burn mechanism.
- Current Price: ~$0.00001394 (as of May 24, 2024)
- Market Cap: ~$5.84B
- 24h Volume: ~$3.91B
- Circulating Supply: 420.69T PEPE (100.00%)
- Max Supply: 420.69T PEPE
- Technical Analysis: PEPE is extremely bullish, potentially reaching $0.00002. No decline signs yet, updates will follow.
$SHIB
- Backstory: Created in August 2020, Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin.
- Current Price: ~$0.000023 (as of May 24, 2024)
- Circulating Supply: 589.27T SHIB
- Total Supply: 589.52T SHIB
- Technical Analysis: SHIB is in a bullish phase, breaking out of the accumulation zone. Ideal buy range: $0.0000129 to $0.0000195, with a max target of $0.000083.
$WIF
- Blockchain: Solana
- Backstory: Inspired by the fedora hat meme.
- Current Price: ~$2.77 (as of May 24, 2024)
- Market Cap: ~$2.76B
- 24h Volume: ~$649M
- Circulating Supply: 998.91M WIF
- Technical Analysis: Newly listed on Binance, WIF shows early bullish signs. Ideal buy range: $1.5 to $2.15, with a max target of $8.75.
BONUS: A new memecoin related to the US presidential election could be worth watching. Stay tuned!
Disclaimer: This info is for educational purposes only and not financial advice. Always do your own research before investing.
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