FLOKI

Shiba Inu

MEME

Memecoin

<p>The post <a href="https://coinpedia.org/price-analysis/these-memecoins-could-enter-the-top-100-soon-should-pepe-floki-or-bonk-be-worried/" rel="noopener noreferrer nofollow">These Memecoins Could Enter the Top 100 Soon, Should PEPE, FLOKI or BONK be Worried?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>While the top tokens like Bitcoin, Ethereum, Ripple, Cardano, etc have been stuck within a narrow range, memecoins continue to attract traders’ attention. The initial bull run of 2024 was ignited by the PEPE price rally which FLOKI, BONK, WIF, etc later followed. Meanwhile, Dogecoin &amp; Shiba Inu continue to display minor jumps which suggest that market participants constantly search for new tokens which may incur huge profits.</p>
<p>Among all the other memecoins, DOG.GO.TO.THE.MOON (DOG) and Memecoin (MEME) are the two tokens which are exhibiting massive strength.</p>
<h2 class="wp-block-heading" id="h-dog-go-to-the-moon-dog-aims-to-hit-0-01-nbsp">DOG.GO.TO.THE.MOON (DOG) Aims to Hit $0.01&nbsp;</h2>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfuWiaRept50lt4tT6T7wn-KVemckvofQ5cs3nYyZyGmFOgq-PSRUIpLXhU45uZEX4AiLVhxyzO35rlFNMjDWfZ66Dy7O8GBXxdMWNq_VF7j6bk4YpH_OMZKZvG9WttK6n5A6cFk__9NMmP5w0VWKo5ZjAc?key=nL1ALGsp7ieQS7GyadSb_Q" alt="">
</figure>
<ul>
 <li>DOG price has formed a new ATH at $0.00962 in the past 24 hours, with a jump of over 25% and a massive rise in volume of nearly 150%</li>
</ul>
<ul>
 <li>With just a few days of history, the memecoin has made it close to the top 100 and hence, a minor push may assist the token in entering the area</li>
</ul>
<ul>
 <li>However, before the next bullish push, a notable pullback may be imminent, as the bulls appear to have drained a bit after marking new ATH</li>
</ul>
<ul>
 <li>The MACD shows a drop in buying pressure; the levels are close to undergoing a bearish crossover and StochRSI is heading toward the lower threshold</li>
</ul>
<ul>
 <li>Therefore, the DOG price may drop to the interim support level of $0.0083, offering a catapult action to rebound and rise beyond $0.01</li>
</ul>
<h3 class="wp-block-heading" id="h-memecoin-meme-feared-to-plunge-by-15">Memecoin (MEME) Feared to Plunge by 15%</h3>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfQq11NakPsIASfgjKttk6EkCsdU1Veq_e-yJ4TNim5JWbkCBhlOMdgxtdy8jpftPFyGfDrW8-O7Ckdvu3WwQz7BIZewSRqjU5KRfzEzL_geetOK9LzFPqpC6_ietbkwlKOPiJDLt5P_QauindF8134UY0?key=nL1ALGsp7ieQS7GyadSb_Q" alt="">
</figure>
<ul>
 <li>The MEME price has maintained a notable descending trend throughout March, April &amp; May, and hence the trend is expected to continue in the first few days of June</li>
</ul>
<ul>
 <li>The token is forming a constant lower high and low, displaying a significant drop in bullish strength as the bears appear to have held a tight grip over the rally</li>
</ul>
<ul>
 <li>The token’s volatility has been pretty high, indicating the volume has been fluctuating in favour of bulls and bears very frequently</li>
</ul>
<ul>
 <li>Besides, the MACD is displaying that the buying volume is decreasing but importantly, the levels may plunge back into the negative zone, suggesting the continuation of a descending trend</li>
</ul>
<ul>
 <li>Therefore, the MEME price is expected to hit the local support zone between $0.023 and $0.024, which may test the bullish strength. A positive trend may trigger a rebound and a negative impact may drop the levels to $0.021</li>
</ul>
<p>Collectively, the DOG price appears to be in a good position and may enter the top 100 very soon, while, the MEME price may take more time to do so.&nbsp;</p>

These Memecoins Could Enter the Top 100 Soon, Should PEPE, FLOKI or BONK be Worried?

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