Memecoins
Pepe Coin missed, here are 3 Ethereum Meme coins to buy in June
The cryptocurrency market saw another rally following Bitcoin’s reversal of $56,000 in May. While the majority of major altcoins have seen a notable uptrend, the Memecoin sector has recovered with higher momentum as it attracts speculative traders who are able to navigate rapid market changes and capitalize on quick profit opportunities. Additionally, with the recent approval of ETH Spot ETF by the American SEC, Ethereum Meme Coins were among the biggest winners of the recent rally. If you missed Pepe coin’s rally to its new all-time high, the top Meme coins to buy are Shiba Inu (SHIB), Memecoin (MEME), and Floki to capture similar trends.
Read also: Crypto Market Prediction: MVRV Ratio Hints Bitcoin Bull Run Has Room to Grow
1) Shiba Inu (SHIB)
Shiba InuSHIB) is a meme-based cryptocurrency that started as a playful homage to Dogecoin. Key fundamental factors for SHIB include its significant social media presence, strategic token burns to reduce supply, and continued development of its ecosystem.
Shiba Inu (SHIB)| Commercial view
In the daily chart, the SHIB Price is recovering steadily under the influence of the ascending trend line. Dynamic support took the asset from its April 13 low of $0.0000183 to $0.000026, registering 45% growth.
At press time, the Shiba Inu price had a market capitalization of $14.7 billion, while the 24-hour trading volume had fallen to $250 million.
If the previously mentioned support is intact, buyers could breach the high resistance at $0.00003. This breakout could provide further confirmation of market sentiment moving from selling on a rally to buying on a decline.
The post-breakout rally could push the asset to $0.000038, followed by $0.000054.
Read also: Shiba Inu’s Shibarium Achieves Major Feat and Reduces Ethereum Bridge Time
2) Floki
Floki is a meme-inspired cryptocurrency that has evolved significantly from its origins as a playful homage to Elon Musk’s Shiba Inu dog. The core of Floki’s ecosystem includes Valhalla, an NFT gaming metaverse that allows players to earn rewards through engaging activities such as battles and asset trading.
Floki| Commercial view
In the current context of market consolidation, the Floki Price saw weakening bullish momentum, leading to a reversal to $0.000313. This bearish reversal caused the meme coin to plunge 16% to trade at $0.0000259, while the market cap plunged to $2.44 billion.
If supply is under pressure, the coin’s price could fall another 20% to seek support on the ascending trendline. This dynamic support has been on an upward trajectory for almost three months and can reclaim FLOKI’s exhausted bullish momentum.
A potential rebound from this bottom could push the asset beyond the $0.0000313 ceiling.
Read also: Coinbase adds Shiba Inu, FLOKI, BONK in full trading mode, prices to recover?
3) MAGA (Trump)
MAGA coin, also known as TRUMP, is a meme cryptocurrency inspired by the slogan “Make America Great Again” associated with former US President Donald Trump. The coin aims to merge political finance (PoliFi) with traditional cryptocurrency principles, targeting Trump supporters and conservative causes.
MAGA (Trump) | Commercial view
Trump coin entered an aggressive rally from the second week of May as the price rebounded from the $4.12 support. The reversal propelled the asset 256% from current trading at $14.7, while the market cap stood at $637.4 million.
Amid this rally, buyers recently decisively broke through the angular resistance trendline and horizontal barrier at $10.5. Maintaining this breakout should provide buyers with suitable support to lead a rally higher and target a potential to $22, followed by $25.
Read also: Discussions about Donald Trump’s prison disrupt markets; Bitcoin price down 3%
Key to remember
The current market rally is particularly robust in the Meme coin sector, attracting speculative traders hungry for quick profits. Shiba Inu (SHIB), Floki, and MAGA (TRUMP) are notable Ethereum-based Meme coins demonstrating significant potential to drive an extended rally through 2024. These coins stand out for their strong community support, innovative projects, and recent impressive performance on the market.
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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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