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Memecoins

PEPE & FLOKI lead the rally, while others follow; Has Memecoin Mania started?

TokenTalk Staff

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PEPE & FLOKI lead the rally, while others follow;  Has Memecoin Mania started?

The crypto space is consolidating again with gains that led memecoins to flee. Once again, the PEPE Price is leading the rally, with over 25% forming a new ATH above $0.000014 in early trading hours. As ETH price shows more strength, Ethereum-based memecoins are gaining strength as PEPE is poised to enter the top 20 tokens with a market cap of almost $5.8 billion. dollars.

PEPE price is moving as expected after breaking the bull flag trend and is moving in an upward trend. The price has broken above the 1.2 FIB levels at $0.00001312 and is about to test the higher targets at 1.4 FIB at $0.00001455. Now that the market sentiment has turned bullish, the upside is expected to continue and move towards the next target of 1.6 FIB at $0.00001640. Once these levels are reached, the rally could reach new highs at $0.00002.

On the other hand, FLOKI price has passed the decisive phase and is approaching the crucial resistance zone. Meanwhile, technical data shows a diversified action plan, which may delay the resumption of the rally for a White.

FLOKI price was trading in a descending triangle and after maintaining an upward consolidation, it broke above the resistance. Furthermore, the price also underwent a retracement and a small correction testing the resistance which turned towards the support levels and started rising towards the upper resistance zone between $0.000254 and $0.000266.

On the other hand, the RSI is testing the upper threshold and may soon enter the overbought zone. If the levels hold within the range, the price is expected to break out from the current highs and form a new ATH above $0.00035, likely before the end of the month. Additionally, the prices of Dogecoin (DOGE) and Bonk (BONK) are also on the rise, indicating that the memecoin season may soon gain momentum.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Memecoins

As Meme Coins Disappear, This Ethereum Sector Is Likely to Grow Massively

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  • Meme coins like DOGE, SHIB, WIF, etc., are down double digits in the last five days.
  • Ethereum-based altcoins like ENS, LDO, and PENDLE rose amid a bear market.
  • Investors can expect ETH-linked altcoins to heat up as the Ethereum ETF spot decision approaches.

The bull run has favored meme coins, whether on the Ethereum or Solana blockchain. This phase gave birth to multi-million dollar meme coins like dogwifhat (WIF), BOOK OF MEME (BOME), MAGA (TRUMP), etc. However, due to the recent market outlook, meme coins have taken a big hit.

Even parts lose weight

Over the past five days, Dogecoin (DOGE), Shiba Inu (SHIB), and dogwifhat (WIF) are down 13%, 15%, and almost 20%, respectively. Monthly performance to date shows that the performance of these coins ranges from -20% to almost -40%, indicating the current state of the meme coin industry.

Meme Coin Price Performance

Capital flows into ETH-based altcoins

As mentioned in a previous post from FXStreet, jerky market movements eliminate not only meme coins, but also enthusiastic bulls. But one altcoin sector has shown incredible potential to recover from last week’s downtrend: Ethereum-based altcoins.

Ethereum The price of Name Service (ENS) has increased by 26% in less than five days. Lido DAO (LDO) and Pendle (PENDLE) both climbed 20% and 15% during the same period.

Alternative performance of ETH

The price of ENS is expected to increase by another 15%

ENS price surged by 21% in the last 48 hours and broke through the resistance level of $24.34. As holders eager to take profits rush in, investors can likely expect a pullback that will retest the aforementioned level. Interestingly, this barrier is also engulfed by an imbalance, extending from $22.87 to $24.77.

Ideally, interested investors can accumulate ENS in this area. The resulting recovery rally could see the ETH-based altcoin rebound 16% and mark the next key hurdle at $28.42.

ENS/USDT 4-hour chart

On the other hand, if ENS price breaks above the June 18 low of $21.39, it would produce a lower low and invalidate the bullish thesis. Such a development could see ENS fall by 12.50% to retest the June 12 low at $18.74.

  • Meme coins like DOGE, SHIB, WIF, etc., are down double digits in the last five days.
  • Ethereum-based altcoins like ENS, LDO, and PENDLE rose amid a bear market.
  • Investors can expect ETH-linked altcoins to heat up as the Ethereum ETF spot decision approaches.

The bull run has favored meme coins, whether on the Ethereum or Solana blockchain. This phase gave birth to multi-million dollar meme coins like dogwifhat (WIF), BOOK OF MEME (BOME), MAGA (TRUMP), etc. However, due to the recent market outlook, meme coins have taken a big hit.

Even parts lose weight

Over the past five days, Dogecoin (DOGE), Shiba Inu (SHIB), and dogwifhat (WIF) are down 13%, 15%, and almost 20%, respectively. Monthly performance to date shows that the performance of these coins ranges from -20% to almost -40%, indicating the current state of the meme coin industry.

Meme Coin Price Performance

Capital flows into ETH-based altcoins

As mentioned in a previous post from FXStreet, jerky market movements eliminate not only meme coins, but also enthusiastic bulls. But one altcoin sector has shown incredible potential to recover from last week’s downtrend: Ethereum-based altcoins.

Ethereum The price of Name Service (ENS) has increased by 26% in less than five days. Lido DAO (LDO) and Pendle (PENDLE) both climbed 20% and 15% during the same period.

Alternative performance of ETH

The price of ENS is expected to increase by another 15%

ENS price surged by 21% in the last 48 hours and broke through the resistance level of $24.34. As holders eager to take profits rush in, investors can likely expect a pullback that will retest the aforementioned level. Interestingly, this barrier is also engulfed by an imbalance, extending from $22.87 to $24.77.

Ideally, interested investors can accumulate ENS in this area. The resulting recovery rally could see the ETH-based altcoin rebound 16% and mark the next key hurdle at $28.42.

ENS/USDT 4-hour chart

On the other hand, if ENS price breaks above the June 18 low of $21.39, it would produce a lower low and invalidate the bullish thesis. Such a development could see ENS fall by 12.50% to retest the June 12 low at $18.74.

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Memecoins

It’s finish? Coins like Shiba Inu (SHIB) and DOGE Eye Dramatic Dominance Drop

TokenTalk Staff

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It's finish?  Coins like Shiba Inu (SHIB) and DOGE Eye Dramatic Dominance Drop

The SHIB and PEPE hype is over? Meme Coins Face Major Metric Downside Signals, CryptoQuant CEO

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Ki Young Ju, founder and CEO of CryptoQuant, highlighted an important change in the market. According to Ju, the dominance of meme coins in the altcoin market is diminishing, suggesting a shift from speculative play to a more fundamental approach reminiscent of earlier phases of the market.

This change could mark the end of the meme coin craze that has gripped investors in recent months.

Ju clarified that his bearish stance is specific to meme coins, and not Bitcoin. He remains bullish long-term on BTC, suggesting that while the hype around meme coins may fade, fundamental assets like Bitcoin continue to hold strong investment potential. This distinction is crucial, as it indicates a broader market sentiment that seeks intrinsic value rather than speculative ventures.

It can be argued that meme coins act as leverage plays on their parent chains. For example, tokens such as WIF and BONK are linked to Solana (SOL), while Shiba Inu (SHIB) and PEPE are linked to Ethereum (ETH). These assets often experience volatile price movements that reflect broader market trends, but with amplified effects.

However, capital flows into financial markets generally cause funds to move from less risky assets to more speculative assets. This cycle often leads to inflated valuations of meme coins, followed by large capital withdrawals, causing a market-wide downturn.

The decline in meme coin dominance may signal the maturation of the market, where investors are beginning to prioritize assets with strong fundamentals over high-risk, high-reward plays.

About the Author

Financial analyst, trader and crypto enthusiast.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master’s program in banking and asset management.

He wants to participate in covering economic and financial technology topics, as well as making more people aware of cryptocurrencies and blockchain.

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Memecoins

TURBO Price Analysis: Turbo Meme Coin is Poised to Make an Explosive Comeback

TokenTalk Staff

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TURBO Price Analysis: Turbo meme coin is rallying as appetite for meme coin returns. Meanwhile, with over $5m raised, eyes are on Sealana.

Take a look at TURBO price analysis and find out why Turbo meme coin is recovering as the appetite for meme coins returns to the market. Meanwhile, with over $5 million raised, all eyes are on Sealana – but what is it?

June was a mixed month for meme coins.

Although the total cap for these tokens reached over $60 billion at one point, the rapid contraction in the first half of June saw the cumulative valuation fall below $50 billion.

Some of the big losers include PEPE, Dogecoin and BOMÉ. They are down double digits in the last week of trading and will likely continue to bleed in the coming sessions.

TURBO Price Analysis: Why is Turbo Meme Coin Rallying? Up to +50% in less than a week!

While FLOKI and the rest are hammered, TURBO price is bucking the trend, impressively beating expectations at press time. Notably, after falling more than 60% from May highs, the token is now finding traction.

(TURBUSDT)

According to price charts, TURBO is up 50% from this week’s low and is on an upward trend, aligning with the trend established in the middle of Q2 2024. At this rate, bulls are delighted.

However, given the losses in this subsector, it remains to be seen whether TURBO will boost demand and rejuvenate interest in meme coins.

Therefore, this begs the question: Is it time to stock up on Sealana, a promising meme coin in Solana currently on pre-sale?

Before that, let’s see why TURBO was so successful.

TURBO stands out thanks to its frog mascot, TurboToad.

However, what’s cool about it is because of how this came about in the first place.

Its founder, Rhett “Dashwood” Mankind, an artist with no coding experience, used GPT-4 to design and ultimately create the token.

The unconventional method by which TURBO was created, alongside the attractive mascot, coupled with the success of the meme coins in the first half of 2024, appears to be price supercharging.

All eyes on Sealana: Viral SEAL presale raises over $5 million

As TURBO gains momentum, eyes are on Sealana in the current pre-sale which raised the impressive sum of 5 million dollars.

The meme coin features a chubby seal mascot, attracting the attention of investors who can relate to this digital seal.

In the final stage of this presale, SEAL is available for only $0.022. Anyone can buy it using SOL, ETH, USDC or USDT.

Investors are now turning their attention to Sealana, expecting strong price increases in the coming days.

This will be especially true once it launches on major exchanges like Binance.

Some analysts say there is a good chance that SEAL is close to surpassing top Solana coins like Dogwithcat and achieve a market capitalization of several billion dollars.

Sealana will participate in the thriving coin scene on Solana. However, it will offer a unique twist on the classic “Doge” meme.

Looking at this, hopes are high that SEAL will be the next coin to double before the next bull run.

BUY THE SEAL HERE

EXPLORE: New European guidelines intended to boost demand for euro-backed stablecoins, particularly Circle’s USDC

Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.



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Memecoins

A new memecoin on its way to eclipse top crypto players PEPE, SHIB

TokenTalk Staff

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New memecoin on route to overshadow top crypto players PEPE, SHIB

Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.

With the memecoin market expected to reach a market cap of $100 billion in 2024, adoption has increased and analysts believe that the new memecoin, Angry Pepe Fork, is poised to eclipse the top players.

With the meme coin market expected to reach a market cap of $100 billion in 2024, the adoption of meme coins has increased in recent months, driven by massive gatherings of top meme coins. Even then, finding the best memecoins to invest in is difficult due to market uncertainties.

Despite this, there are still prominent players in the memecoin space. After studying market trends, analysts believe that the new coin, Angry Pepe Fork, is poised to surpass top players like Pepe and Shiba Inu. What makes this new coin unique and why are analysts positive about it? Let’s find out below.

Angry Pepe Fork: rising player in the world of memecoins

Angry Pepe Fork has established itself as one of the world’s coin titans. Built on the Solana blockchain, Angry Pepe Fork aims to conquer all zombie memecoins and reign supreme. Thanks to its APORTK army, the ecosystem’s mission is to conquer all these zombie memecoins. The main feature of the platform is the Conquer to Earn model.

By using this model, the APORK army will earn a reward in the form of a stake. As more zombie memecoins are conquered, the APY increases. Notably, the staking option will be available for pre-sale. During this time, individuals can also earn money by demonstrating their power on the battlefield and becoming highly decorated members of the community.

The staking option in the ecosystem is determined by the lock period a user opts for. There are 30 days for those who want to get started, 60 days for seasoned activists already in the system and 90 days for veterans. The Angry Pepe Fork ecosystem is also in partnership talks to add more utilities.

Users can purchase the APORK token now in stage 1 of the presale for $0.014. Those who purchase now will receive a 10% bonus on all their purchases. Inasmuch as PORK token holder, users can get more tokens by winning more competitions on the ecosystem and through the staking model.

Analyst predicts Pepe price explosion coming soon

After seeing massive rallies over the past few months, Pepe’s rally appears to have slowed down. Market data from CoinMarketCap shows that Pepe price has fallen below the key $0.000014 support zone with a 17% price loss over the past week. Although the monthly price chart shows gains of 44%, Pepe’s trading volume is down as the token experiences more sales.

In this fall, there is hope. According to the best crypto analyst Crypto Rover, Pepe can still make 10x from the current price. Rover estimates that Pepe only has a market cap of $6 billion and that a market cap of $60 billion is realistic in a bull market. Although Pepe’s market sentiment is bearish and has only seen 13 green days in the past month, it remains one of the top memecoins to buy now ahead of the bull market.

Shiba Inu Expected to Rise Despite Current Market Volatility

Shiba Inu (SHIB) is currently experiencing a downward trend, which has become a source of concern for holders. Its current correctional phase has caused some investors to take a cautious approach towards this token. Based on CoinMarketCap data The Shiba Inu price fell by 8% over the past week, while falling below $0.000024.

Additionally, Shiba Inu’s market capitalization and trading volume have shown negative trends. However, Shiba Inu technical analysis shows that the token is currently trading above the 200-day SMA but still below the 50-day SMA. Although Shiba Inu market sentiment appears bearish, buying into this dip will be a smart move. Social media influencer Jerry chose SHIB among the best memecoins that are impossible to ignore.

To learn more, Buy Angry Pepe Fork Before Its Price Skyrockets.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.

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