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Bullish Market Targets for Meme Coins

TokenTalk Staff

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Bullish Market Targets for Meme Coins - Technical Analysis and Top Crypto Presales for 2024

This article breaks down several best meme coinsoffering bullish market targets for the next 6-12 months.

The analysis uses a technical approach, integrating Fibonacci extension zones and historical highs.

In addition, the article explores three best crypto pre-sales today, which could potentially generate bullish returns once they launch this year.

Dogecoin (DOGE)

Dogecoin serves as a starting point because of its clearer historical price reference, unlike other meme coins like Pepe and Bonk, which have already peaked this cycle. Its previous all-time high of $0.73 is a solid benchmark compared to its current price of $0.13.

Hitting this previous peak would result in a substantial 6x ROI. Potential targets include the initial high of this cycle at $0.22, the original all-time high, and a midpoint between the Fibonacci extension and the all-time high, which stands at around $2.11.

This latter target represents a potential return of 17x, a promising figure given the upcoming market cycle.

Shiba Inu (SHIB)

Shiba Inu (SHIB) price has seen a significant increase in its recent period. To predict potential targets for the next cycle, a simple Fibonacci extension from the previous low to the all-time high will be used. The first target is the high of this recent period at $0.00004518.

The second target aligns with the overall all-time high around $0.00008966. Finally, the midpoint of the Fibonacci extension zone serves as a new potential all-time high target for SHIB. These targets offer promising upside potential.

Based in Brett (BRETT)

Brett is a unique meme coin that is gaining popularity on Base Chain. As one of the first meme coins to establish itself on this cheaper Ethereum alternative, it shows remarkable potential. With a current market cap of $1.4 billion, Brett has demonstrated its ability to scale quickly.

BRETT Price Chart

Potential gains of 10-20 times investment are possible, which equates to a staggering 900% return if the 10x mark is reached. That would put Brett at $1.31, a very achievable target for years to come. altcoin season.

To manage expectations, three price targets are set: a conservative estimate around $0.30, a more aggressive one at $0.63 and the ambitious 10x target at $1.32.

Top Cryptocurrency Presales to Watch – Pepe Unchained, PlayDoge, and The Meme Games

Looking for your next big cryptocurrency investment? Consider exploring these promising pre-sale projects. With the potential to replicate the success of established meme coins, these new ventures could offer high returns to early investors.

Pepe Unchained (PEPU)

As established meme coins rebound, newcomers Pepe Unleashed (PEPU) enters the market with a new approach. This project raised more than $4.5 million in its ICO, attracting the attention of retail investors.

Pepe Unchained isn’t just another frog-themed token. The developers plan to create a layer-2 blockchain network dedicated to meme coins, addressing issues like high fees and slow transaction speeds.

This layer 2 solution could reduce these fees, making small transactions more viable for active traders. Additionally, the network could speed up transactions from minutes to milliseconds, allowing traders to capitalize on viral moments without congestion.

The early success of Pepe Unchained’s ICO indicates strong investor interest in the idea. The project also offers massive staking rewards, currently generating an impressive 408% APY, providing investors with passive income opportunities that can double their investment.

Coinsult and SolidProof have fully audited the smart contract, ensuring its integrity. Like any new cryptocurrency project, Pepe Unchained will need to deliver on its promises to maintain positive momentum after its launch. However, it currently stands as an intriguing example of innovation in the meme coin market.

To participate in the $PEPU token presale, visit pepeunchained.com.

PlayDoge (PLAY)

A new dog-themed coin, PlayDoge (PLAY) is going viral. This crypto-gaming project on Ethereum is gaining traction in its pre-sale phase. PlayDoge combines meme coins, P2E games and 90s nostalgia, generating considerable interest.

PlayDoge raised an impressive $5.8 million in its presale despite unpredictable market conditions. Investors are excited, but the market remains unforgiving. With $PLAY valued at $0.00521, its future performance is uncertain.

PlayDoge offers a mobile game featuring a virtual pet Doge with 8-bit graphics. Players earn $PLAY tokens by feeding, playing with and training their Doge, which they can trade or wager.

Players can increase their $PLAY earnings through side-scrolling mini-games or by ranking on the monthly leaderboard. The entire ecosystem is designed to be easy to pick up and play on the go, appealing to both crypto newbies and veterans.

In addition to P2E play, PlayDoge offers a staking program for $PLAY holders, with current annual yields of 84%, significantly higher than most staking coins. SolidProof has audited PlayDoge’s smart contracts and the token presale is in full swing.

Visit playdoge.io to participate in the $PLAY token presale.

Meme Games (MGMES)

Meme games (MGMES) is a notable cryptocurrency launch this year, blending meme coins and Olympic excitement for a unique pre-sale experience. The project has raised over $200,000 since its launch. $MGMES tokens are currently at $0.00905, but the price will increase in 5 days, so this might be your lowest chance of buying.

Meme Games feature top memes like Doge, Pepe, DogWifHat, Brett, and Turbo racing in a virtual Olympic stadium. Investors and meme fans can bet on the winning meme using $MGMES tokens, with a 25% bonus on their tokens for correct bets.

The virtual race will follow the end of the $MGMES presale on September 8, the same time as the Paralympic Games close. Betting is based on presale purchases, with holders betting on a meme. The token will launch on a DEX on September 10, 2024, which could attract sports fans and increase winnings.

While pre-sale investors are enjoying the games, long-term profit seekers can look forward to staking benefits. Traders can “buy and stake” their tokens into The Meme Games pool to earn a dynamic APY of 1,319%. Over 7.6 million $MGMES tokens have already been staked.

SolidProof has audited the project’s smart contract, adding substance to the hype surrounding the coin. To participate in the $MGMES token presale, head over to memegamestoken.com.

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Memecoins

Memecoins dominate major derivatives in terms of open interest | Flash News Detail

TokenTalk Staff

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Bitcoin Dominance May Have Peaked, Ethereum ETF Could Trigger Altcoin Momentum

Disclaimer

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

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Memecoins

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings

TokenTalk Staff

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Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don't miss the winnings

August offers investors a unique opportunity to capitalize on the potential gains offered by Shiba Inu (SHIB) and Mpeppe (MPEPE)These two memecoins take advantage of the viral nature of internet memes and popular culture, attracting a diverse and enthusiastic audience. In this article, we’ll look at why Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for gains this month and why you shouldn’t miss out on the potential profits.

The viral power of memecoins

Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid spread of the cryptocurrency’s brand and message across various online platforms, potentially appealing to a broader and more diverse audience. Shiba Inu (SHIB) and Mpeppe (MPEPE) are great examples of how this viral potential can translate into substantial community growth and market presence.

Shiba Inu: riding the wave of popularity

Shiba Inu (SHIB) has established itself as a major player in the memecoin space. With its cute canine mascot and strong community support, Shiba Inu (SHIB) has gained a significant following. The coin’s ecosystem continues to grow, with projects like ShibaSwap adding to its utility and appeal. Investors are optimistic about Shiba Inu’s future, expecting it to ride the wave of popularity that has kept it in the spotlight.

Ecosystem expansion

THE Shiba Inu (SHIB) The Shiba Inu (SHIB) ecosystem is constantly expanding, offering new features and utilities that enhance its value proposition. Projects like ShibaSwap provide users with opportunities to stake and earn rewards, making Shiba Inu (SHIB) more than just a meme currency. This expansion helps solidify its market position and attract a wider audience.

Balancing humor and professionalism

Mpeppe (MPEPE) offers a unique and light-hearted approach to the serious world of digital assets, balancing humor and professionalism. Inspired by internet memes and the dynamic energy of football fans, Mpeppe (MPEPE) is quickly gaining traction in the crypto community.

Mpeppe (MPEPE) offers an opportunity to reach a younger demographic and tap into the viral nature of internet culture. By balancing humor and professionalism, Mpeppe (MPEPE) appeals to a wide audience, from casual meme enthusiasts to serious investors. This strategy is similar to the one that made Shiba Inu (SHIB) so successful, but with a modern twist.

Expanding Reach and Adoption

Mpeppe’s (MPEPE) ability to leverage internet culture means it has the potential to rapidly expand its reach and adoption. The memecoin’s branding and community-driven approach make it accessible and appealing, much like Shiba Inu (SHIB) in its early days.

Why August is the month to invest

As the cryptocurrency market experiences a surge in interest, August presents a great opportunity to invest in promising assets like Shiba Inu (SHIB) and Mpeppe (MPEPE) Both coins are well positioned to capitalize on the growing interest in memecoins, driven by their unique appeal and active communities.

Conclusion: Don’t miss the benefits

Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for a profitable August, leveraging their viral potential and strong community support to attract a diverse audience. With the cryptocurrency market in full swing, now is the perfect time to consider investing in these promising memecoins. Just as Shiba Inu (SHIB) captivated the crypto world with its unique appeal, Mpeppe (MPEPE) is poised to make its mark. Don’t miss out on the potential gains these innovative digital assets have to offer.

For more information on the Mpeppe presale (MPEPE):

Visit Mpeppe (MPEPE)

Join us and become a member of the community:

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

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Memecoins

Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further

TokenTalk Staff

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Solana climbs 4% on the back of rising Meme Coins and Alts

Solana, the fifth-largest crypto asset by market cap, has fallen 8% in the past 24 hours, according to CoinGeckolike his Meme Coin Market Prices of some coins, which can be notoriously volatile, have fallen by as much as 43% in the past day.

As the cryptocurrency market bleeds with Bitcoin (Bitcoin) down 2.7% and Ethereum (ETH) 4.2%, Solana (GROUND) was the hardest hit among the top 10 cryptocurrencies, falling 8.2% to $168 on the day, according to data from CoinGecko. Along with this, meme coin Solana suffered huge losses.

The biggest loser in the last 24 hours is the bigger of the two Black (NEIRO) on Solana which fell nearly 44% to $0.01821. These tokens were launched after the owner of Kabosuthe Shiba Inu that inspired the Doge meme, announced that she had adopted a new dog named Neiro. Interestingly, her rival on the network launched an hour beforealso called Black (NEIRO), is up 75.2%. It appears that the Solana Neiro Civil War is far from being decided.

Other big losers include: Pump.fun’s Favorites Billy (BOWL), down 26.4%, and Michi (MICHI), which fell 24.5%. Over the past 24 hours, both tokens have flipped their market caps multiple times, but dog token Billy is currently in the lead with $94 million, about $3 million ahead of Michi.

Dog with hat (Wireless), the largest meme coin on Solana, was also hit, dropping 12.4%. Bonk (BONK), the second-largest Solana meme coin, fell 9.1%. In fact, among the top 50 Solana meme coins by market cap, only four tokens are in the green, with Zoomer (ZOOM IN) leading the pack with 41.1%.

Meme coins are notoriously high-risk assets and tend to post disproportionate losses when the broader market experiences a downturn.

Brain (BRAIN), Michi (MICHI), Mini (MINI), Shark cat (SC), and many others, for example, have suffered greater losses in the last 24 hours than any of the top 100 cryptocurrencies by market capitalization.

In the world of meme coins, when it rains, it rains.

Edited by Stacy Elliott.

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Memecoins

Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD

TokenTalk Staff

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Trader Says Bitcoin's Path to $100,000 Is 'Currently Programmed', Updates Outlook on Memecoin That's Up Over 18,000% YTD

A widely followed analyst and trader expresses bullish sentiment on Bitcoin (Bitcoin) while offering his take on the memecoin built on Solana (GROUND) blockchain ecosystem.

Starting with Bitcoin, the analyst known by the pseudonym Altcoin Sherpa tell His 219,000 followers on social media platform X say Bitcoin is on the verge of hitting a six-figure price.

“There will be bumps along the way, but Bitcoin’s path to $100,000 is on schedule. Don’t get rattled or lost along the way.”

Source: Altcoin Sherpa/X

At the time of writing, Bitcoin is trading at $66,236.

According to For the widely followed trader, Bitcoin enjoys strong support between $63,800 and $65,000, where the 25, 55, 89 and 200 exponential moving averages (EMAs) on the daily chart have clustered.

Source: Altcoin Sherpa/X

Next up is the Solana-based memecoin Popcat (POPCAT). The pseudonymous trader and analyst said that among the cat memecoin family, POPCAT is one of the “best” in the long run.

Altcoin Sherpa, however, says POPCAT looks bearish on the short-term four-hour time frame and needs to climb above a range low between $0.694 and $0.724 to avoid falling further.

Source: Altcoin Sherpa/X

POPCAT was trading at $0.00379 on January 5th and is now at $0.704, a gain of approximately 18,475%.

Altcoin Sherpa also offers his take on dogwifhat (Wireless), Solana-based Memecoin. According to For the pseudonymous analyst, WIF “still looks pretty good for now” on the four-hour chart with the “best” support area sitting around $2.10.

“The average would probably be $2.30 to $2.10 if I were you and I was swing trading this one.”

Source: Altcoin Sherpa/X

WIF is trading at $2.27 at the time of writing.

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