Memecoins
These Next-Gen Meme Coins Offer Huge 2X Potential
The crypto market saw a sudden bearish reversal as Bitcoin price fell 2.29% in early Asia. Ethereum, major altcoins and meme coins marked red after BTC crash. The majority expects the next FOMC meeting to be the potential catalyst for FUD.
Amid the fall, some meme coins made waves and made massive gains over the past few days. Will these coins maintain the uptrend in the coming days, even after the FOMC meeting?
Let’s take a closer look at the price charts of these high-potential coins to answer this question.
Will BYTE Token Reach 50% Fib Level?
With a bullish recovery over the last 48 hours, the price of the BYTE token is up 155%. The bull run creates three consecutive green candles, undermining the May pullback phase.
According to Fibonacci levels, the meme coin exceeds the level of 23.60% and portends a continuation of the uptrend. In addition, the 750% increase in trading volume strengthens the recovery.
As BYTE’s market cap reaches the $20 million mark, underlying demand is expected to increase. If the momentum maintains, then the meme coin can reach the $0.00003422 mark, which corresponds to the 50% Fibonacci level.
Is Roxy Frog the next big coin?
With a market cap of $1.19 million, the Roxy Frog is positioned as an undervalued coin that will soon shine. With a massive surge over the past few weeks, the ROXY token is showing huge moves and impressive upside potential.
Additionally, with an 83% jump yesterday, the ROXY token is down 16% and trading at $0.00014. As it maintains its dominance above the psychological $0.00010 mark, the 260% increase in trading volume reinforces the uptrend.
With a new record possibility, ROXY price could reach the $0.00020 mark.