There are several memecoins worth watching in October, namely Dogecoin (DOGE), Shiba Inu Coin (SHIB), Pepecoin (PEPE), and Dogwifhat (WIF).
Dogecoin (DOGE)
Dogecoin (DOGE) is currently the world's largest memecoin with a market value of $16.7 million. Since its launch in 2013, Dogecoin has been rising in value and has been valued by major exchanges. Although 2024 may be challenging for Dogecoin, bullish comments from celebrities such as Elon Musk continue to increase its attention. Recently, the price of Dogecoin has risen by more than 6%, and is currently trading at $0.1147, and the market predicts that it may reach $1 in early December.
Shiba Inu Coin (SHIB)
Shiba Inu Coin (SHIB) is known as the "Dogecoin killer". As Bitcoin rose in March this year, the price of SHIB also rose by 144% to $0.0000307. But then the price plummeted, and the current price is about $0.0000172. However, as October approaches, SHIB's price volatility has improved, rising 12% in the last 24 hours, and trading volume has also surged 169% to $784 million.
Dogwifhat (WIF)
Dogwifhat (WIF), inspired by the popular Dogwifhat meme, is a memecoin based on the Solana blockchain. After six months of price declines, WIF's trend shows signs of breaking out of the downtrend. In the last 24 hours, WIF's price has risen 13% to $1.92. According to technical analysis and on-chain data, WIF's gains are expected to continue, and if sales keep growing, the price could rise 50% to $2.89.
