Memecoins
Memecoin BullRun: Dogecoin, Dogwifhat and Pepe price prediction this week
Memecoins have taken the crypto world by storm, and some popular ones have recently generated remarkable returns. This trend suggests that 2024 could be the year of memcoin. A major advantage of memecoins is their extensive, dedicated community support, which drives interest and engagement. However, they are also known for their high volatility and speculative nature. To understand what the future might hold for memecoins, it is crucial to study current trends and historical price patterns. Let’s do a quick analysis!
1. Top Memecoins by Market Cap
Dogecoin, Shiba Inu, Pepe, Dogwifhat, FLOKI, Bonk and BOOK OF MEME are the top seven memecoins by market capitalization.
Coins | Market capitalization | 24 hour volume |
Dogecoin | $22,381,955,751 | $1,766,495,970 |
Shiba Inu | $13,929,310,798 | $613,538,036 |
Pepe | $3,447,697,985 | $987,574,974 |
dog hat | $3,299,740,378 | $867,821,575 |
FLOKI | $1,725,588,848 | $208,392,422 |
Bonk | $1,636,512,521 | $280,697,213 |
MEME BOOK | $811,859,858 | $369,462,889 |
Let’s analyze these seven best memcoins.
1.1. Analysis of 30-day changes of major Memecoins
Coins | 30 day change |
Dogecoin | -20.9% |
Shiba Inu | -17.2% |
Pepe | +15.8% |
dog hat | -9.5% |
FLOKI | -12.7% |
Bonk | +6.5% |
MEME BOOK | -17.9% |
According to the 30-day change analysis, among the top seven memecoins by market capitalization, only two memecoins show a positive change: Pepe (+15.8%) and Bonk (+6.5%). Others demonstrate a negative change: Dogecoin (-20.9%), BOOK OF MEME (-17.9%), Shiba Inu (-17.2%), FLOKI (-12.7%), and Dogwifhat (- 9.5%).
1.2. Top Memecoins 7 Day Change Analysis
Coins | Change over 7 days |
Dogecoin | +8.4% |
Shiba Inu | -1.6% |
Pepe | +10.7% |
dog hat | +23.8% |
FLOKI | +6.1% |
Bonk | -1.1% |
MEME BOOK | +19.8% |
According to the 7-day analysis, among the top seven memecoins by market capitalization, at least five show positive changes: Dogwifhat (+23.8), BOOK OF MEME (+19.8%), Pepe (+10.7 %), Dogecoin (+8.4). %), and FLOKI (+6.1%). Conversely, Shiba Inu recorded a negative evolution of -1.6% and Bonk -1.1%.
2. Three Top Memecoins to Watch in May
Dogecoin, Dogwifhat and Pepe are the three important Memecoins to watch out for in May. Dogecoin is important because it is the largest memecoin in terms of market capitalization. Although its 30-day change index is not impressive (-20.9%), its 7-day change index is +8.4%. Dogecoin becomes the most suitable in this list as it marks a powerful seven-day change of +23.8%, which is the highest in terms of 7-day change among the top seven memecoins by market capitalization. Pepe is a natural entrant into the roster, as he is the only piece that has shown consistent performance. It records a positive 30-day change of +15.8%, as well as a positive 7-day change of +10.7%.
2.1. Historical Price Analysis of the Top Three Memecoins
Let’s analyze the price history of the top three memecoins.
2.1.1. Historical Dogecoin Price Analysis
The current price of Dogecoin is $0.15561. At the start of 2024, it was around $0.09166. Between February 26, 2024 and March 4, 2024, it experienced a strong upward trend, during which its price increased sharply from $0.08961 to $0.18290. On March 28, it reached a high of $0.22030.
2.1.2. Dogwifhat Historical Price Analysis
The current price of Dogwifhat is $3.23. At the start of 2024, it was around $0.17. Between February 24 and March 14, it experienced a strong uptrend, increasing its price from $0.34 to $3.15. The price reached its high of $4.57 on March 31.
2.1.3. Pepe Historical Price Analysis
The current price of Pepe is $0.00000811. As of mid-February 2024, Pepe’s price was as low as $0.00000122. Between February 24 and March 8, it experienced a period of uptrend. During the period, its price increased from $0.00000130 to $0.00000900. Its price reached its peak of $0.00001005 on March 14.
3. Overall Memecoin Price Prediction
Analyzing the price history, it is clear that these three memecoins saw a strong upward trend between late February and early March. None of these memecoins have seen a big decline since then. It appears that the bullish trend adopted by these coins in late February remains intact. Although at this point these three cons are showing negative changes over 24 hours: Dogecoin (-4.8%), Pepe (-5.2%) and Dogwifhat (4.2%), the price analysis is reassuring on the fact that the underlying sentiment is favorable to the coins. .
Endnote
While some analysts are excited about the memecoin market’s recent progress, others point to high volatility and a lack of strong fundamentals as potential obstacles to long-term growth. These critics argue that without a clear purpose or underlying value, memecoins may struggle to maintain momentum over time, suggesting that their popularity may be more speculative than sustainable.
Memecoins
Memecoins dominate major derivatives in terms of open interest | Flash News Detail
Disclaimer
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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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