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Where’s The Popular Solana Meme Coins Standing Today? Hike Or Drop !! #EarnFreeCrypto2024 #StartInvestingInCrypto #altcoins #bitcoin #BTC Solana meme coins, as in the meme coins, launched on the Solana network, are one of the famous categories in the crypto market. This category gained great popularity from the beginning of this year when multiple tokens boomed in price, making big gains for their holders. It is now worth $10 Billion in market cap and $2 Billion in trading volume, becoming a major portion of the overall market cap. The meme coins which made this category so famous were the dogwifhat, BONK, BOME, SLERF, etc. But how are they performing today? Let us discuss that in this blog. Dogwifhat (WIF) Dogwifhat price hit its prime at the beginning of April when it scored the all-time high target of $4.85 and began the hype around Solana meme coins. That target is now 32% away as since April, WIF price has declined in value. Though it did attempt a recovery at the end of May, that fell short. When writing, WIF is trading at $3.28 after declining 5% in a week interval, of which a 1.78% drop happened in the last 24 hours. Moreover, its 24-hour trading volume and market capitalization Bonk (BONK) BONK price is under the drop after losing 3% of its value in the last 24 hours. Currently trading at $0.00003206, this Solana meme coin has drifted 31% from its all-time high of $0.00004704, set three months ago. BONK peaked in March but continuously faced a downtrend after that. It was in major decline but succeeded in a recovery by the May end, and because of that, its price is 30% more than the value it had a month ago. Book of Meme (BOME) Compared to other popular Solana meme coins, Book of Meme is on the hiking side as its value has surged over 0.2% in the last 24 hours. Going further in the charts, it has gained 2.6% over a week and is currently trading at $0.01349. It has a market cap of $930,222,096 and a trading volume of $237,881,768. Though BOME price

Where’s The Popular Solana Meme Coins Standing Today? Hike Or Drop !!

#EarnFreeCrypto2024 #StartInvestingInCrypto #altcoins #bitcoin #BTC Solana meme coins, as in the meme coins, launched on the Solana network, are one of the famous categories in the crypto market. This category gained great popularity from the beginning of this year when multiple tokens boomed in price, making big gains for their holders. It is now worth $10 Billion in market cap and $2 Billion in trading volume, becoming a major portion of the overall market cap.

The meme coins which made this category so famous were the dogwifhat, BONK, BOME, SLERF, etc. But how are they performing today? Let us discuss that in this blog.

Dogwifhat (WIF)

Dogwifhat price hit its prime at the beginning of April when it scored the all-time high target of $4.85 and began the hype around Solana meme coins. That target is now 32% away as since April, WIF price has declined in value. Though it did attempt a recovery at the end of May, that fell short. When writing, WIF is trading at $3.28 after declining 5% in a week interval, of which a 1.78% drop happened in the last 24 hours. Moreover, its 24-hour trading volume and market capitalization

Bonk (BONK)

BONK price is under the drop after losing 3% of its value in the last 24 hours. Currently trading at $0.00003206, this Solana meme coin has drifted 31% from its all-time high of $0.00004704, set three months ago. BONK peaked in March but continuously faced a downtrend after that. It was in major decline but succeeded in a recovery by the May end, and because of that, its price is 30% more than the value it had a month ago.

Book of Meme (BOME)

Compared to other popular Solana meme coins, Book of Meme is on the hiking side as its value has surged over 0.2% in the last 24 hours. Going further in the charts, it has gained 2.6% over a week and is currently trading at $0.01349. It has a market cap of $930,222,096 and a trading volume of $237,881,768. Though BOME price

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FLOKI beats WIF in market cap: Where will the memecoins head next ? #TopCoinsJune2024 #EarnFreeCrypto2024 #altcoins #BTC #bitcoin Floki Inu outperformed Dogwifhat in terms of market cap. In terms of popularity on the social front, Floki took the lead.Meme coins Floki Inu [FLOKI] and Dogwifhat [WIF] have been competing for market share for quite some time.WIF is a new entrant in the sector, and per the unwritten rules of the meme coin space, newcomers get all the hype. FLOKI vs. WIF However, in the last 24 hours, FLOKI managed to beat WIF in terms of market cap. There was a significant discrepancy between the price movements of both tokens. In the past week, the price of FLOKI grew by 9.46%, while WIF declined by 18% during the same period. WIF’s price decline occurred after a large period of sideways movement, where its price fluctuated from $4.00 to $2.4794. Based on the current trajectory of the meme coin’s price, it appeared that it could reach those levels yet again before seeing a reversal. The RSI (Relative Strength Index) for WIF fell to 26.54, indicating that it had reached the oversold territory.However, the CMF (Chaikin Money Flow) for WIF declined materially, implying that the money flowing into the WIF token had decreased. Other factors such as social volume and sentiment may also affect WIF. AMBCrypto’s examination of Santiment’s data revealed that the Social Volume for the token had declined significantly in the last few days. This implied that the popularity of this meme coin had waned.Weighted Sentiment for WIF had also fallen, reflecting an uptick in negative comments around the token had surged significantly over the last few days. What about FLOKI? In contrast to this, FLOKI was doing relatively well. Social Volume was on the rise, and Weighted Sentiment was positive, implying more dominance in social media at the time of writing. Despite the positive price movement and popularity seen by FLOKI, there were a few problems that the meme coin faced during this period.
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Memecoin Analysis: Pepe, Bonk, and GME Price Predictions for This Week!! #altcoins #TopCoinsJune2024 #EarnFreeCrypto2024 #bitcoin #BTC June has kicked off an impressive rally for meme coins, with several popular ones drawing significant buyer interest, leading to massive price increases. A notable event was the return of Keith Gill, better known as Roaring Kitty, who sparked a surge in GME memecoin prices. Furthermore, last week saw significant fluctuations in the prices of Pepe and Bonk coins, suggesting potential for further increases in the coming week. Pepe price witnessed intense volatility in the last few days as the price faced a strong rejection around the $0.000015 resistance mark. This pushed the price toward the low of $0.0000116. However, buyers defended that level and the price is currently hovering around $0.00001235, declining over 10% in the last 24 hours. the price above the descending resistance line. Although the $0.000016 may present a challenge, it is expected to be surpassed. the PEPE/USDT pair could target a rally towards the strong resistance at $0.0000173. Conversely, if the bears aim to halt this upward movement, they must rapidly pull the price below the 50-day SMA at $0.0000112. Succeeding this, the pair could decline to $0.00000889 and further down to the crucial support level at $0.00000772. XRP remains close to its moving averages, suggesting minimal aggressive activity from traders. Bonk rejected the $0.000033 level strongly and declined below the immediate Fib channels, resulting in a consolidation around $0.000028. As of writing, Bonk price trades at $0.0000284, surging over 3% in the last 24 hours. a downturn below the support line of $0.000024 could invalidate the bullish pattern, potentially driving the pair down to the $0.000017 support level.The GME price has seen a remarkable recovery, surging from a low of $0.013 toward $0.018. However, bears continue to defend a surge above resistance lines, slowing down the buying momentum. As of writing, GME price trades at $0.017, surging over 10% in the last 24 hours.
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Worldcoin Struggle for Stability at $4.5 Amidst Sharp Declines !! #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Worldcoin (WLD) has recently experienced significant market volatility, marked by a sharp 10.16% drop in price over the last 24 hours. This decline brings the cryptocurrency’s current price to $4.42, as it grapples with fluctuations that have sparked concerns among investors about its short-term stability. The recent decline in Worldcoin‘s price is mirrored by its trading volume, which has seen a substantial increase of 62.7%, amounting to approximately $460,422,643 in the past day. This surge in trading volume suggests a heightened level of activity that could either be indicative of selling pressure or potential accumulation by new investors. Worldcoin’s current market cap stands at roughly $3.579 billion, making it the 29th largest cryptocurrency by market valuation. Despite the downturn, the substantial market cap indicates a significant presence in the crypto market, likely supported by its broad base of operations and technological initiatives. As observed on the price chart, Worldcoin faced a sharp decline from a local high of around $4.93 to its current levels. The chart shows a critical support level at approximately $4.20, which if breached, could lead to further declines. Conversely, resistance lies near the $4.60 mark, a level that needs to be surpassed for confirmation of potential recovery and to regain investor confidence. Investors should closely monitor these levels, as a break below support could lead to increased selling pressure, while a move above resistance might attract more buyers into the market, possibly stabilizing the price and setting the stage for a recovery. In conclusion, while Worldcoin currently faces downward pressure, the increased trading volume and significant market cap suggest that it remains a noteworthy contender in the cryptocurrency space. Investors and traders should keep an eye on the mentioned key levels to gauge the future direction of this digital asset.
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Shiba Inu (SHIB) Open Interest Surges: Is the Price Set for a Remarkable Rally Soon? #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Shiba Inu’s open interest has surged to over $97 million, indicating renewed investor excitement and potential. Open interest in SHIB is currently 60% from its record high, suggesting a possible significant price rally. Since June 6, SHIB’s total open interest has surged above $97 million across exchanges. The meme cryptocurrency’s open interest hit $97.08 million, one of the largest amounts this year, according to Coinglass data. Given the challenges SHIB has seen lately, this rise is significant.Shiba Inu’s open interest hit a record high of around $136 million in March 2024. But by mid-April, the number had fallen significantly, losing more than half of its original worth. Open interest is currently around 60% from reaching a new record high. If this trend continues, it could have significant implications for the SHIB price. Historically, increases in open interest correlate with price rallies. For example, when SHIB’s open interest peaked in March, the price of the crypto rose accordingly. If open interest reaches an all-time high of $136 million, the SHIB price might set a new annual record if it manages to hit $0.00004. The price of SHIB more than quadrupled in March during a spike in open interest, suggesting a strong correlation between open interest and price performance. Although open interest has been trending upward, there has been a slight lull over the last day, falling by 0.42 percent. At US$0.0000234, SHIB’s price was down 7.4% from the previous week as of the writing of this article. This small setback doesn’t change the positive prognosis for Shiba Inus generally. Shiba Inu’s (SHIB) cryptocurrency future appears promising. A surge in open interest signals growing investor confidence and potential price increases. Nearing record highs, SHIB could see significant rallies if trends continue.
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