Memecoins
Dogecoin and other dog-based meme coins: Bullish outlook for June
Most dog-based meme coins, including Dogecoin, saw a good rally in May after suffering a correction earlier in April. But this is just the beginning, as crypto summer is about to hit the crypto market, causing the altcoins to rally this month of June. The excitement is real, with many predictions favoring dog-meme coin dominance in June.
In this blog, let’s look at Dogecoin and the rest of the Dog meme coin bullish outlook for June.
Dogecoin Price to Climb to $1 in June
Dogecoin, the most preferred Dog themed meme piece, is poised for a 700% price rise, according to crypto trader Mags. In a recent X article, Mags predicted the possibility of seeing a 700% rise in the price of Dogecoin, pushing the value beyond $1 before the end of the cycle.
Mag’s last prediction for Dogecoin came true when the price jumped 170x, and now the prediction is 7x gains. He also revealed that he started collecting DOGE to get 7X if the charts followed his analysis. If the prediction comes true, DOGE will trade around $1.17, currently at $0.1671.
$DOGE about to go parabolic..
Last cycle I shared Dogecoin before it increased 170 times.
I’ve been accumulating Dogecoin for a few months and my suitcases are loaded.
I expect a 7x return this cycle. See you at $1+ 🫡 pic.twitter.com/OeXdDMpJDZ
– Mags (@thescalpingpro) May 25, 2024
Many similar predictions favor the price rise of Dogecoin and dog-meme coins for the next month. Ali, a popular crypto analyst, also spoke about this. According to him, the price will approach the $1 mark. Additionally, Captain Toblerone spoke of a 1,300% price surge, pushing the DOGE price to $1.5 with a previous decline to $0.108.
Read also: Dogecoin (DOGE) ETF Hype Sparks Conflicting Growth Metrics
Finally, whale activity also indicated the same. IntoTheBlock data revealed increased accumulation of whales with a 2.64% increase in large transactions. Such increased whale involvement pushes the cryptocurrency towards the bulls, and the same could happen for the bull market. Dogecoin price. It started to rise with a 28% increase in its trading volume.
Bullish Outlook for All Dog-Based Meme Coins
The effect of Dogecoin price will be visible in the case of the rest of the dog-based meme coins like Shiba Inu, Floki Inu, dogwifhat BONK and many others. Additionally, their price charts indicate the bullish sentiments for the coming days.
Shiba Inu
Shiba Inu, also represented by the Dogecoin killer, has made a name for itself in the cryptocurrency market with substantial gains over the years. Very recently, we learned that a Shiba Inu Trader turned $2,700 into $1.1 million over 3.5 years, demonstrating how patience is key.
Whales are also active in the Shiba Inu deal, as large Shiba Inu transactions jumped 290% from $1.3 trillion to $3.57 trillion worth of SHIB tokens. Additionally, the trading volume increased from $29.93 million to $92.04 million. This finally lifted the SHIB Price to $0.00002607 before MT Gox Bitcoin trading instability took over, bringing the value down to $0.00002541. However, bullish sentiments for SHIB will contribute to price recovery and gains over time.
FLOKI
FLOKI is already optimistic with gains of 11% in the last 24 hours due to the Coinbase perpetual futures trading for this piece even on May 30. NOW, FLOKI Price is just 12% away from its all-time high with a current value of $0.0003019, which is a two-and-a-half year high. With this, FLOKI price is expected to reach $0.00058 in June.
BONK
BONK’s 12% price rise brought it closer to its all-time high ATH of $0.00004704, set just three months ago. After a week of correction, the BONK Price finally turned bullish this month. At the time of writing, it is trading at $0.00004163 after a 64% rise. Analysts believe that Bonk price could reach $0.00008321 in the coming days if the trend continues.
With this rating and similar predictions for other Dogecoin siblings, June is officially the bull month for these meme coins. Even though there are a few days left before the start of the month, technical indicators have already revealed the best investment option for June.
Continue reading Best Cryptos to Buy Under $2 to Make Millions
Memecoins
Memecoins dominate major derivatives in terms of open interest | Flash News Detail
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Memecoins
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.
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Memecoins
Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further
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.
Memecoins
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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