Memecoins are up today and have strongly outperformed the entire crypto market over the last month.
The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.
As markets brace for the release of FOMC minutes, meme coins are experiencing a surge in activity, with DogWifHat (WIF) and SPX6900 (SPX) leading the charge. Additionally, Sui is witnessing a significant influx of trading volume.
Dogwifhat cryptocurrency breaks 190-day resistance level, surging to $2.77 amid increased futures open interest, signaling potential for further price growth while technical indicators suggest caution.
The Solana-Meme cryptocurrency Dogiwfhat surged 5.4% on Monday's market uptick, hitting a two-month high of $2.77. The bullish momentum was bolstered by the WIF buyer's attempt to break past a 190-day resistance and a significant spike in future open interest (OI).
Dogwifhat (WIF) price is on the verge of a potential breakout, with price action suggesting it could surpass the $3 mark. Today, WIF's price has increased by 13%, making it one of the best-performing cryptos in the last 24 hours.
Dogwifhat has been on a tear, and this recent momentum has continued once again today
Several altcoins, including Dogwifhat, Worldcoin, and Zcash, posted gains, as Bitcoin eyes the critical resistance near $64K.
Dogwifhat (WIF) surged over 21% in the last 24 hours to around $2.72, its highest level since mid-July. WIF's technical analysis shows bullish momentum, with the MACD rising and the 50- and 200-day MA below its price.
There is a growing shift in the meme coin ecosystem, with new entrants like NEIRO competing with old guards like Dogecoin (DOGE) and Shiba Inu (SHIB). Current liquidation data hints at where most investors' bets are, underscoring why a major flip is likely soon.
Why are newer memecoins outperforming the original giants like Dogecoin and Shiba Inu?
Dogwifhat registered a double-digit price hike in the last 24 hours, which can soon push the memecoin towards $5.
Bitcoin's price regained its footing by pushing toward $64,000 but it was meme coins that took center stage today.
POPCAT, WIF's 20% surge ignites meme tokens rally amid market buzz.
The crypto markets are recovering from the recent crash, influenced by the rising tensions among the 2 popular nations. As the FUD created around these factors faded to some, the BTC price quickly regained levels above $63,500.
Memecoins erupted Sunday, with major coins topping the daily cryptocurrency gainers list. What happened: Dog-themed token dogwifhat soared more than 16%, becoming the second-best performing cryptocurrency in the last 24 hours.
Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
Memecoins are experiencing a significant decline on weekly charts. WIF has declined by 4.54% over the past day.
During the low-volatility Saturday session, the Dogwifhat price dropped by 2.8%, bringing it down to $2.27. The bearish momentum was triggered by the price's ongoing struggle to break through the key resistance trendline of the falling wedge pattern, which has persisted since March 2024.
A daily session close above $2.5 would be a positive sign that WIF is preparing for a larger rally.
The estimates predict significant increases: what do the experts say about the future of the tokens?
WIF may become highly attractive to new buyers, especially as the market faces increased volatility.
WIF experienced a sustained surge on monthly charts. But a recent pullback saw it drop by 11.86%.
A prominent crypto trader suggests that meme coins like PEPE (CRYPTO: PEPE), Dogwifhat (CRYPTO: WIF) and Popcat (CRYPTO: POPCAT) are poised for potential breakouts based on a technical indicator. What Happened: The Elliott Wave theory posits that a bullish asset often undergoes a five-wave rally before reaching its peak and usually rebounds after completing an ABC correction.
Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world's largest cryptocurrency is down almost 4% in the past 24 hours following Iran's attack on Israel.
Crypto whales have helped popular Solana coin DogWifHat ($WIF) to close in on a three-month high in spite of a bearish meme coin market today.
Memecoins, including PEPE, WIF, and SHIB, experience sharp declines amid rising geopolitical tensions.
A crypto strategist who supercharged his following after nailing the Bitcoin (BTC) 2018 bottom believes one memecoin is gearing up to spark more rallies.
A prominent Binance trader forecasts an all-time high for Bitcoin (CRYPTO: BTC) until the end of the year. What Happened: Trader Alphawifhat suggested on his social media account that the market is taking a breather following a period of strong macro bullishness.
Solana's BONK records an 11% price surge, kicking off October on a bullish note.
WIF is showing impressive strength as bullish momentum takes control, with the Relative Strength Index (RSI) pointing to even greater upside potential. The current RSI reading suggests that buying pressure remains strong, fueling optimism for continued gains.
DogWifHat is back in the spotlight with analysts predicting its surge to go over 1,500% soon. Is WIF headed for new all-time highs?
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn't state when exactly it would happen.
Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains. What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.
dogwifhat surges 42% in a week, with bullish signals indicating potential further gains and sustained momentum.
As Bitcoin struggles with macroeconomic headwinds, $BONK, $BEAM, and $WIF rise as top performers in a volatile altcoin market.
Dogwifhat (WIF) price, a popular meme token, has recently experienced a notable increase in value. This upward movement persists even as broader market trends correct downward.
Dogwifhat (WIF), the Solana meme coin, has seen a notable resurgence within the last two weeks. Following the gains, the cryptocurrency experienced an incredible rise in speculative activity.
While the crypto markets are losing all of the gains triggered by a weekend optimism spike, some large meme cryptocurrencies are outperforming all competitors. By contrast, two meme coin behemoths, SHIB and DOGE, are in the red today, together with other large caps.
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.
Here is how some of your favorite assets concluded the week.
If market-wide sentiment continued to hold firm, dogwifhat can break a key resistance and move toward $3.
As the market enters a critical period in October, staying ahead could mean following some of the best crypto traders who give timely calls and have a deep understanding of emerging trends.
Shiba Inu, Pepe, and Dogwifhat led the top weekly market gainers as the total meme coin market cap rose 25%, surpassing $55 billion. Leading the weekly gainers, Shiba Inu (SHIB) surged 39% to $0.
A closely followed crypto strategist and trader says one enterprise solutions project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that Zilliqa (ZIL) may continue its breakout on the weekly chart.
Shiba Inu Killer Dogwifhat (WIF) has rallied substantially since the middle of September. Notably, the meme coin has rallied by about 32% in the past seven days, allowing it to outperform many cryptocurrencies and meme coins.
A widely followed crypto analyst says that one dog-themed memecoin that has printed six-figure gains in just ten months is on the brink of another breakout.