The meme coin craze has returned to the cryptocurrency market as the meme coin market cap approaches the $50 billion mark. Also, the bitcoin price ended its stagnation below $64,000, signaling a recovery for the entire market.

Top meme coins Shiba Inu, FLOKI and PEPE all saw double-digit returns as Bitcoin surpassed the $65,000 mark.

As the memecoin rally leads the overall crypto market recovery, here are the must-buy memes to help you achieve explosive growth! So, let’s take a closer look at the next memecoin rally.

Must purchase Meme Coins:

BABY

PEPE coin is gaining momentum amid the broader market recovery following a falling wedge pattern breakout on the daily chart. The meme coin is up nearly 50% over the past ten days.

Currently, the pair has reclaimed the psychological level of $0.000010, with an intraday gain of 12.48%. This is the second consecutive positive candle following the 12.58% gain last night.

Moreover, the bullish bounce limits the chances of a death cross event at the 50 and 200-day EMAs on March. With the growing bullish influence, the key EMAs are likely to regain positive alignment.

The falling wedge breakout rally shows the potential to set new all-time highs based on the last bull run of over 700% in early 2024. Therefore, the 733% price prediction could see the $0.00006370 mark in the upcoming bull run.

With a market cap of nearly $4 billion, the PEPE token is the third-largest meme cryptocurrency. Therefore, a sixfold price increase seems unlikely, but a broader market recovery could help PEPE reach this bullish milestone.

Shiba Inu

Following Pepe, the Shiba Inu cryptocurrency meme coin has a market cap of $11.56 billion. Currently, it is trading at $0.00001963, up nearly 17% in the past 24 hours.

On the daily chart, the Shiba Inu Coin price broke out of a descending channel and gained nearly 50% in the past ten days. The 50-day EMA is marking an uptrend, which increases the possibility of a golden cross.

The meme coin shows a potential for gains of nearly 300% based on the bull run in late February and early March 2024. According to the price prediction, the recovery could reach the $0.00005330 mark.

As a result, the recovery progress has currently surpassed the 200-day EMA and the 50% Fib level at $0.00001908. If it breaks above the psychological barrier of $0.000020, the meme coin is likely to reach the 100% Fib level at $0.00006697.

Therefore, the potential for Shiba Inu could be greater than the price prediction for the early 2024 bull run.

FLOKI

Lastly, the Floki meme coin has a market cap of $1.43 billion and is currently trading at $0.001494. It is up another 14.44% today following a 9.28% gain last night.

This marks a breakout of the descending channel breakout bounce post-retest reversal and strengthening of bullish trend momentum. Based on a 9x gain in the early 2024 bull run, the Floki meme token price prediction target is $0.0012.

Therefore, the underlying potential for Floki signals a move to new all-time highs and a move above the psychological barrier of $0.0010. Moreover, a sustained recovery rally would signal a bullish crossover between the 50-day and 200-day EMAs, forming a golden cross.