Memecoins are experiencing vital beneficial properties, with some even suggesting the potential of a 100X surge. This surge is going on alongside a broader restoration within the cryptocurrency market, fueled by constructive macroeconomic situations. Let’s check out the prime 3 memecoins in additional element.
Prime 3 MemeCoins
1.dogwifhat (WIF)
Given Dogwifhat’s present worth of $2.38, with a 24-hour buying and selling quantity of $2.90 billion and a market cap of $2.38 billion, we observe a slight decline of -0.54% over the previous 24 hours. Regardless of this latest dip, the general sentiment stays bullish, as mirrored by a Concern & Greed Index rating of 60, indicating a state of greed available in the market.
Traditionally, Dogwifhat (WIF) reached its peak at $4.80 on March 31, 2024, and has since retraced to a low of $0.004131 on December 13, 2023. The value has seen a cycle low of $1.50 and a cycle excessive of $2.53 since its all-time low. At present, with the coin down roughly 50% from its all-time excessive, its worth motion up to now month reveals a balanced sentiment with 15 inexperienced days out of the final 30.
Wanting ahead, the sturdy liquidity and the prevailing bullish sentiment recommend that WIF may probably take a look at larger ranges within the coming 15 days. If the upward pattern continues, pushed by constructive market sentiment and favorable buying and selling volumes, WIF may revisit its latest cycle excessive of $2.53 and probably transfer in direction of its earlier excessive of $4.80.
2. Popcat (POPCAT)
With Popcat (POPCAT) presently priced at $0.792937 and experiencing a 24-hour buying and selling quantity of $330.01 million, the market cap stands at $777.06 million, reflecting a market dominance of 0.03%. Regardless of a latest decline of -3.35% up to now 24 hours, the broader sentiment for POPCAT stays bullish, supported by a Concern & Greed Index studying of 60, indicating a prevailing sense of greed available in the market.
Traditionally, POPCAT reached its peak of $0.92975 on July 16, 2024, and has since seen a cycle low of $0.690386. The very best worth since this low was $0.820944. Given its latest efficiency, with 19 inexperienced days out of the final 30, and the coin buying and selling close to its cycle excessive, there may be potential for a rebound.
Within the subsequent 15 days, if market situations proceed to favor bullish sentiment and the buying and selling quantity stays sturdy, POPCAT may probably take a look at and surpass its latest cycle excessive of $0.820944. Moreover, with the broader crypto market exhibiting indicators of restoration and constructive sentiment, POPCAT may purpose for brand spanking new highs, probably approaching and even revisiting its all-time excessive of $0.92975. Nonetheless, given the inherent volatility of cryptocurrencies, it’s important to watch ongoing market developments and buying and selling volumes carefully to gauge the probability of such worth actions.
3.Shiba Inu (SHIB)
Shiba Inu (SHIB) is presently priced at $0.00001720, with a considerable 24-hour buying and selling quantity of $1.06 billion and a market cap of $10.14 billion, reflecting a market dominance of 0.43%. Regardless of a latest lower of -0.63% up to now 24 hours, the coin’s liquidity stays excessive, and it has seen vital beneficial properties over the previous yr, up 119%, outperforming each Bitcoin and Ethereum.
Shiba Inu reached its all-time excessive of $0.00008819 on October 28, 2021, and has since seen a cycle low of $0.000005821. The very best worth since this low was $0.00004501. Though the present sentiment is bearish, the Concern & Greed Index reveals a degree of 60, indicating a state of greed that might affect future worth actions positively.
Looking forward to the subsequent 15 days, if the market sentiment shifts positively and buying and selling quantity stays sturdy, SHIB may probably see a rebound. Given its latest efficiency with 15 inexperienced days out of the final 30 and its vital worth improve over the previous yr, it’s believable for SHIB to check or exceed its latest cycle excessive of $0.00004501. Nonetheless, contemplating the present worth is down roughly 81% from its all-time excessive, attaining a brand new excessive near $0.00008819 would require substantial bullish momentum and favorable market situations.
