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Memecoins

Top 4 Meme Coins to Buy for 50X Profit as GameStop (GME) Stock Soars

TokenTalk Staff

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3 Meme Coins to Buy Before US Memorial Day

Prices in the meme coin sector have shown the potential to rise as traditional stock market investors turn to GameStop (GME). The GME stock price has seen a modest rise since late last week, rising from $17.50 to $23.33. Yahoo finance the data shows. Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) tend to mirror the movements of meme coin stocks.

Since last week, attention has gradually shifted to meme stocks like GamesStop and AMC Entertainment Holdings (AME), a movie theater chain. For some investors, the drastic increase in the value of meme stocks is often a sign of euphoria.

This hype tends to spread across the cryptocurrency market, impacting coins. GameStop mania spread to $DOGE and other meme coins,” during the 2021 bull market.

1. Meme Coins to Buy – Dogecoin (DOGE)

Dogecoin (DOGE), a popular cryptocurrency based on the beloved “doge” meme featuring a Shiba Inu, has recently seen a notable increase in value. Currently holding a market capitalization of $22.75 billion, Dogecoin ranks eighth among all cryptocurrencies and is the leading meme coin.

THE Dogecoin Price surged to $0.1628, marking a 5% decline over the past day. This makes Dogecoin a potential crypto to sell if Bitcoin falls to $65,000 before June.

Dogecoin Price Chart

Over the past year, Dogecoin has surged 124%. This remarkable growth is underlined by an upsurge in major transactions, a sign of significant investments from major players or “whales”. This trend suggests increased interest in Dogecoin.

2. Shiba Inu (SHIB)

The second largest piece of money hovered at $0.000026 on Tuesday. The bulls recovered the losses suffered in the last 24 hours, confirming the positive outlook for this week.

As trading volume approaches $1 billion, interest in SHIB is set to grow. This could increase the chances of a breakout above $0.00003 and then to $0.000035.

Stronger support has been established along the ascending trendline. Additionally, Shiba Inu’s position above the 200-day exponential moving average (EMA) supports the uptrend despite the correction from the Q1 peak at $0.000038.

Shiba Inu Parts Price Chart | Commercial view

Now that Shiba Inu Coin has climbed above two other critical EMAs: the 20-day and 50-day EMAs, the path of least resistance is gradually moving upward.

If the price breaks the first solid hurdle around $0.000028, a stronger breakout above $0.00003 will appear. Investors who have been on the sidelines could flock to the market, creating FOMO and intensifying the breakout towards $0.000035. Shiba Inu Coin may take another step above the Q1 peak in June, setting the tone for the bull run.

3. Pepe Coin (PEPE)

The frog-themed meme coin, Pepe Coin, managed to maintain a resurgence in May. This rally was mainly driven by the recent approval of Ethereum and Bitcoin spot near the $70,000 mark. However, this week, PEPE’s recovery momentum slowed down, accompanied by a decrease in trading volumes, indicating the potential start of a new correction trend.

Pepe Coin Price Chart

An analysis of the daily calendar shows that the PEPE The coin price has seen a steady recovery over the past six weeks under the influence of an ascending trendline. The series of new higher lows indicates an active accumulation trend that took this memecoin from $0.00000393 to $0.000016, registering a 300% jump.

4. Dogwifhat (WIF)

The 8% rise in Dogwifhat price over the past 24 hours has sparked renewed interest among crypto investors. The price of WIF at the time of publication is $3.24, representing an increase of 15.5% over the last 7 days.

Currently, the WIF Price is in an ascending triangle, having already tested the upper limit twice – maybe the third time will be the charm. But after being rejected twice, this resistance around $3.5 could prove difficult to break.

Dogwifhat price is trading above the 50-day and 200-day simple moving averages, although price action has been quite closely tied to the indicators in the recent past.

Dogwifhat Price Chart

The WIF price rise occurred around the same time that a Solana whale spent 17,966 SOL (approximately $2.98 million) to purchase 953,177 WIF. The whale managed an entry of around $3.13 and is currently showing a profit of 3.51%. The whale alone increased the price of a WIF by about 7%.

On May 21, this whale also spent around 1 million USDC to purchase 355,417 WIF at $2.81. The whale then sold the next day for $3.07, making a profit of $90,000. This data highlights the importance of whale involvement in crypto markets.

Final Thoughts

Meme coins tend to move by large margins, whether up or down. The new hype in the sector promises a significant rise in the price of tokens like DOGE, SHIB, WIF and PEPE. Careful diversification into these tokens could have a positive impact on crypto portfolios, paving the way for better prospects.

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Memecoins

Memecoins dominate major derivatives in terms of open interest | Flash News Detail

TokenTalk Staff

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Bitcoin Dominance May Have Peaked, Ethereum ETF Could Trigger Altcoin Momentum

Disclaimer

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

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Memecoins

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings

TokenTalk Staff

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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.

For more information on the Mpeppe presale (MPEPE):

Visit Mpeppe (MPEPE)

Join us and become a member of the community:

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

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Memecoins

Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further

TokenTalk Staff

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Solana climbs 4% on the back of rising Meme Coins and Alts

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.

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Memecoins

Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD

TokenTalk Staff

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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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