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.
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.
Welcome back to our digital asset analysis column, in this article we will focus on the cryptos BRETT, BONK, and Solana (SOL).
Few factors could create a solid foundation for POPCAT to potentially surpass BONK on the memecoin leaderboard.
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.
WIF may be poised for 20% gains with strong technicals, liquidity, and bullish sentiment.
The Solana-based dogwifhat (WIF) is an emerging memecoin that has gradually gathered investors' attention with high momentum rally and whale movement. This community-driven token features a Shiba Inu dog wearing a pink knitted hat.
WIF's decentralized user base minimizes coordinated selling pressure, but bearish forces remain a concern.
Bitcoin's price has shown resilience by staying just above the $62,000 mark, despite uncertainty in the market. Minor fluctuations have kept the price within a predictable range, while traders and investors await a potential breakout. The key resistance level remains at $65,000, a psychological threshold that could signal new upward momentum if breached.
Dogwifhat price prediction: WIP, a digital asset on the Solana blockchain, has recently seen a notable market value surge. Over the past 24 hours, the WIF price has experienced significant gains, drawing attention from market analysts who speculate about its potential to reach a new all-time high (ATH).
Crypto trader @theunipcs gained widespread popularity on the crypto community on X (formerly Twitter) after pulling off what is being referred to as a legendary trade involving the Solana meme coin, BONK. The analyst had leveraged longed the BONK meme coin almost a year ago when it was still struggling to survive in the market.
Cryptocurrency Prices Today, October 11: The broader market on Friday witnessed mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price continued trading along the $60K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded in the green territory.
Dogwifhat (WIF) has surged 42% over the past 30 days, but sustaining this momentum and reaching $3 again remains uncertain.
Bonk (BONK), the Solana-based meme coin, faces the risk of further price decline after dropping from $0.000025 to its current value of $0.000019.
Mog Coin and Dogwifhat have surged this year, with Ansem and Murad predicting a major rally ahead for these meme tokens. #partnercontent
WIF declined by 8.08% over the past day as market sentiments shifted over the past three days.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Almost all meme cryptocurrencies in the top 100 are losing value today amid an apathetic market. Popcat (POPCAT), despite being supported by crypto investing veteran Murad Mahmudov, is the fifth worst performer today, posting substantial losses.
BONK, a Solana-based meme coin, has been stuck in a tight range in the past 24 hours as it reaches a critical junction that will determine whether a rally occurs in the coming days.
The market capitalization of meme coins is trading sideways over the last 24 hours, with a majority of established memes like Shiba Inu (CRYPTO: SHIB), Pepe (CRYPTO: PEPE) and Dogwifhat (CRYPTO: WIF) failing to back up their September gains. What Happened: Crypto trader Unipcs highlighted that despite the hype around newer coins, established ones like Dogecoin (CRYPTO: DOGE), Shiba Inu, Floki (CRYPTO: FLOKI), Bonk (CRYPTO: BONK), Dogwifha, and Pepe are poised for a significant rally.
DogWifHat WIF token has seen a remarkable rise in 2024, capturing attention across the crypto market. But what is the potential of DogWifHat WIF price increase to $80?
Crypto All-Stars ($STARS) has now raised $2.1 million in its ICO as meme coins appear to be gearing up for another supercycle.
BONK on the brink of a major breakout! Will it soar soon?
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.
Solana meme coins have been outpacing the broader crypto market, with Dogwifhat leading the rally.
The Bonk price has dropped to $0.00002108 today, marking a 6% decline in the past 24 hours and a 16% fall in a week.
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.
After a sustained weekly decline, BONK has made a strong comeback hiking by 13.65% over the past day.