A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.
As speculation builds around Donald Trump's potential creation of the Department of Government Efficiency (D.O.G.E.), investors are on the hunt for the next big Dogecoin rival to buy.
Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.
Dogwifhat price staged an over 70% rally over the past month as memecoin traders reset their positions.
As the BTC price reclaims the $68,000 mark during the early Asian trading hours, the memecoin market has added 3.68% to its valuation to $57.67 billion. Among the top gainers are DOGE, FLOKI, BOME, and SHIB.
Dogwifhat (WIF) has resumed its upward trajectory, with the price approaching the key $2.89 level as bulls take back control. After a period of consolidation, renewed buying pressure has fueled the meme coin's rise, signaling that momentum is once again favoring the bulls.
In the last week, meme coins have experienced a renewed wave of investor interest as the crypto market rebounded. Notably, several coins saw significant gains, and a few also reached new all-time highs.
WIF shows bullish potential despite correction, supported by community growth and accumulation.
With Bitcoin price crossing above the $68,000 mark, the meme coins are spearheading the crypto bull market rally. PopCat, Mew, and Floki are leading the way, along with Dogecoin and Shiba Inu, among the top-performing meme coins.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
DOGE bulls capitalized on the "dip" in the previous cycle, delivering a surprising defeat to WIF.
The price of a meme-inspired cryptocurrency Dogwifhat ($WIF) could keepon rising in the near future after enduring a slight correction, with a key technical indicator now flashing a buy signal amid a wider cryptocurrency market recovery.
According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal.
After a notable rally of over 26%, the popular Solana-based meme coin, Dogwifhat (WIF), has undergone a price correction but is now poised for a massive upside rally. Additionally, the WIF daily chart supports this positive speculation.
It has come to light, thanks to an observation by prominent crypto analyst Ali Martinez, that popular meme cryptocurrency dogwifhat (WIF), based on Solana, could be forming a rising wedge pattern.
A widely followed analyst and trader is offering his outlook on Bitcoin (BTC) and two memecoins amid a bounce in crypto prices. The analyst pseudonymously known as Bluntz tells his 284,000 followers on the social media platform X that Bitcoin could experience a correction before trending higher.
DogWifHat (WIF) is testing a critical $2.5 support level as analysts observe bullish signals, potentially setting the stage for a rally if current momentum persists.
Top Solana meme coin Dogwifhat is facing the risk of a steep price correction, even as the Bitcoin price is attempting to push past the $68k resistance.
DogWifHat (WIF) is emerging as one of the top meme coins in the market, currently testing a critical liquidity level that could propel the price to new highs. As the broader crypto market navigates a period of volatility and uncertainty, traders eagerly search for confirmation of a potential rally.
An analyst known for making timely altcoin calls thinks that a massive trend reversal is underway for an under-the-radar meme token. Pseudonymous crypto strategist Bluntz tells his 283,700 followers on the social media platform X that Book of Meme (BOME) looks bullish after breaking out of its accumulation range in a big way.
WIF's correction is likely before a bounce, fueled by bullish sentiment and positive indicators.
FLOKI saw an uptick in investor interest during the short-term pullback from Monday's rally.
BOME tops liquidation charts with $194M in Open Interest, driving volatility and speculative trading.
A crypto strategist is warning meme tokens Pepe (PEPE) and dogwifhat (WIF) are now in prime spots to witness deep corrective moves. Pseudonymous trader Credible Crypto tells his 425,900 followers on the social media platform X that he's leaning bearish on PEPE.
The popular meme coin Floki (FLOKI) is poised for a massive upside rally as its token successfully retested the breakout area. On October 14, 2024, while major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) were gaining significant upside rallies, FLOKI breached the neckline of the bullish price action pattern.
The open interest for Solana meme coin BOME has reached an all-time high of $161.97 million, signaling that traders are increasing their positions.
The crypto market sentiments appear to have flipped in favour of the bulls the traders have displayed some confidence. Besides, the volume remains restricted below $100 billion, which suggests a large chunk of them remain uncertain of the upcoming trend. Meanwhile, the memecoins have gained significant attention, mostly the newly launched ones.
With Bitcoin (BTC) potentially at the point of rejection, the rest of the cryptocurrencies could become a difficult hold, at least in the short to medium term. At the top of the risk curve, memecoins are even more perilous.
As the Bitcoin Open interest across all exchanges hits a new all-time high at $19.75B, the crypto market is ready for a bull run. As the market sentiments improve, the meme coins are leading the way with massive growth. Wondering which meme coin to buy as FOMO kicks in? Worry not.
The cryptocurrency market continued its strong start to the week, with almost all major cryptocurrencies in positive territory. Bitcoin (BTC) is up over 2% in the past 24 hours and briefly climbed above $66,000 before dropping to its current level of $65,500.
The price of Book of Meme (BOME) has been soaring, with a huge 60% increase in just the last 30 days.
For the first time since July, Book of Meme's (BOME) price has hit $0.011. This happened after the Solana meme coin price jumped by 62% in the last seven days.
FLOKI may face a brief decline before resuming its upward trajectory.
Memecoins made full use of the return of bullish sentiment on Monday, with the less established ones topping the biggest market gainers list. What happened: Solana (CRYPTO: SOL)-based BOOK OF MEME pumped over 28% to become the best-performing cryptocurrency in the last 24 hours.
Solana meme coins are rising in dominance, challenging those minted on Ethereum and even the first of them all, Dogecoin. While Dogecoin is the most valuable, it increasingly faces stiff competition from Pepe and Shiba Inu.
A widely followed crypto strategist and trader believes that steep rallies are in store for one Solana (SOL) challenger.
The overall cryptocurrency market sentiment appears to have shifted to an uptrend. Amid this, the popular Solana-based meme coin Dogwifhat (WIF) is poised for a significant upside rally as it is on the verge of a mega breakout.
The head macro strategist at Swissblock is predicting major moves for one Dogecoin (DOGE) rival ahead of a potential blow-off top for risk assets. Henrik Zeberg tells his 155,900 followers on the social media platform X that Solana (SOL)-based memecoin dogwifhat (WIF) may be on the verge of an explosive breakout beyond the $3.10 level.
dogwifhat could soar by over 30% to reach the $4 mark if it closes a daily candle above the $2.96 level.
The Book of Meme token is one of the most popular Solana coins. More importantly, it was popular at the beginning of the year when the BOME price grew exponentially within days, making heavy gains for its holders.
Amid Bitcoin crossing $64k, the meme crypto segment recovery run from a 30-day low of $37.59B stands at a market cap of $52.83B. Among the top performers, the PONKE, BRETT, and BOME are making waves with a sudden revival from hibernation.
Recent trading activity reveals that WIF is gaining bullish momentum, with its price surging toward the critical $2.89 resistance level. After a brief pullback, buyers are stepping in, driving the asset higher and setting the stage for a potential breakout.
BOME, the third-largest meme coin, rose sharply on Oct. 14 as Bitcoin recovered back to levels seen at the beginning of last week.
The crypto markets began the weekly trade on a bullish note, with Bitcoin prices hitting $64,000 for the second time this month. Generally, the memecoins jump in action with the rise in the BTC price. However, apart from PEPE, FLOKI, or WIF, GME, BOME & SLERF prices managed to gain the top spot.
The crypto prices today have birthed considerable investor optimism globally, illustrating rising trajectories. Bitcoin (BTC) price gained notably to top the $64K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded in the green territory.
Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
FLOKI is leading the memecoin rally, with the larger memecoin market seeing some momentum too.