Ambitious report: “Five memecoins to follow in declines”

Crypto analysis platform Coinpedia shared five memecoins that it recommends to follow in crypto declines. In the analysis titled “These five memecoins show potential”, the high market value of the preferred memecoins drew attention.

Bitcoin (BTC), which tested $ 66,800, caused a major decline in memecoins. Many analysts argued that the declines in question were a correction and offered a buying opportunity.

The current outlook in the market shows that memecoins attract great attention in every price decline. Analysis platform Coinpedia listed five memecoins that are preferred in declines and have great potential. The price analyzes of the memecoins in the news drew attention.

Shiba Inu (SHIB)

Shiba Inu (#SHIB ), the second largest memecoin by market value, remained dull in the memecoin increases that took place in October. $SHIB increased by nearly 25 percent in the last month.

Bonk (BONK)

#Bonk (BONK), which is on the Solana blockchain, has increased by 35.82 percent over the past month. BONK, which is shown as one of the favorite altcoins of the memecoin bull, lost its upward momentum the other day. The $BONK price has lost nearly 2 percent in the last 24 hours.

Pepe (PEPE)

Pepe ($PEPE ), one of the memecoins that will mark 2024, was listed on Coinpedia. The analysis stated that PEPE could be accumulated in declines.

Dogwifhat (WIF)

The decline in the Bitcoin price below $ 67,000 caused Dogwifhat (WIF) to lose blood. #WIF lost 5 percent of its value with a trading volume of $ 318 million the other day. The popular memecoin attracted attention by falling below $ 2.5, an important support level.

SPX6900 (SPX)

The memecoin SPX, which is about the desire of 6,900 traders to convert the S&P 500 index to the S&P 6900, managed to become the favorite of October. #SPX hosted a 1,381 percent increase in the last month. The memecoin, which went viral in a short time, reached a market value of $ 650 million.