- Meme coins like MEW, FLOKI, PEPE, and MEME gain attention for potential gains amidst market anticipation post-Bitcoin halving.
- MEW leads with 33% surge in 24 hours, targeting $0.012, appealing for portfolio diversification.
- FLOKI eyes $0.00020, PEPE targets $0.0000177 with 60% surge, showing breakout potential.
As the cryptocurrency market anticipates a stronger recovery post-Bitcoin halving, a fresh entry of meme coins in the top performers list has caught the attention of smart investors.
While established players like Dogecoin (DOGE) and Shiba Inu (SHIB) are making conservative moves, these underrated low-cap coins are emerging as the choice for those seeking potentially higher returns.
With the market sentiment turning bullish and the hype surrounding meme coins growing, these lesser-known tokens offer a unique opportunity for sideline traders to capitalize on potential breakouts. Let’s take a closer look at these underrated meme coins that are ready to deliver massive gains in the coming time.
Cat In A Dog World (MEW)
Cat In A Dog World (MEW) stands out as a cat-themed coin in a meme coin sector primarily dominated by dog-themed top performers. The MEW price has recently experienced a bullish reversal, surging by 33% in the last 24 hours and breaking through a resistance trendline.
As the trend momentum builds, MEW could potentially surpass the $0.008683 mark and climb towards $0.012. This unique positioning and the growing interest in the token make it an attractive option for investors looking to diversify their meme coin portfolios.
Floki Inu (FLOKI)
Floki Inu (FLOKI) is currently trading within a falling channel on the 4-hour chart, indicating a larger pullback phase in motion. However, the short-term reversal within the channel suggests a potential breakout rally, which could lead to a golden crossover.
With a nearly 50% increase in the last 30 days, the FLOKI price is inching closer to the psychological mark of $0.00020. If the breakout rally materializes, the hype surrounding the meme coin could intensify, propelling the price towards $0.000040.
Pepe Coin (PEPE)
Pepe (PEPE) has emerged as a top meme coin contender, showcasing a breakout rally that signifies the beginning of a prolonged bullish trend. If the broader market recovery continues, PEPE has the potential to deliver a 10x return in 2024.
Having broken beyond a falling channel, the meme coin has surged by 60% in the last six days, forming a streak of bullish candles. As the uptrend approaches the trend-based 50% Fibonacci level at $0.000008966, the retracement levels suggest that the breakout rally could target the $0.0000177 mark or even the 1.618 level.
Memecoin (MEME)
Memecoin (MEME), one of the youngest top names in the meme coin sector, presents a bullish reversal entry opportunity for investors. With a recent bounce back, the MEME token value has risen by 23% in the last seven days.
This reversal has positioned the MEME price to challenge the 50-day Exponential Moving Average (EMA) and potentially the resistance trendline in the near future. The bullish crossover of the Moving Average Convergence Divergence (MACD) and signal line further strengthens the likelihood of an uptrend.
