3 Meme Coins Worth Paying Attention To In August!

3 Meme Coins Worth Paying Attention To In August!

1. DOGE

Dogecoin was born in 2013. It is an easy imitation of Bitcoin, based on the image of Shiba Inu in the popular Internet meme. Dogecoin, originally created by software engineers Billy Marcus and Jackson Palmer, has now got rid of the initial positioning of meme and become one of the top digital assets. As of April 2024, the circulation of Dogecoin has exceeded 140 billion, with a large and enthusiastic community, and has also won high-profile support, including Elon Musk.

Although Dogecoin is characterized by inflation, its own sense of humor and strong support from the community have made it the mainstream choice in the memecoin field.

Dogecoin has broken through psychological barriers in the past few days and completed the withdrawal, opening the door to future upward trends. The price has stabilized above $0.13, indicating that the token is ready to reach $0.15. However, a small obstacle may hinder the progress of the rebound, but the tlugs seem to be ready to maintain a strong upward trend in the future.

2. WIF

Solana's ecosystem is thriving, with Dogwifhat (WIF) first. At present, WIF is showing an upward trend. In terms of market value, it has jumped to the third place in the meme coin field. In the past 7 days, WIF has soared by 59%, leaving PEPE behind and ranking 39th in the global market capitalization.

As of now, Dogwifhat's share price has reached $1.23, a year-on-year rise of 1274%. In addition, the market sentiment is positive, and the greed index reaches 75, showing that investors are looking forward to the future. In the past month, Dogwifhat has risen for 17 consecutive days, performing extremely well. During this period, its closing price was always slightly higher than the opening price.

Moreover, the bullish trend of Dogwifhat is reflected in its relative strength index (RSI). The token is stable in the bullish range. At the same time, the Directional Movement Index (DMI) also confirms this bullish trend, indicating that the meme token has