Meme coins are altcoins that were first made for fun and which then evolved to have an actual utility in the crypto industry. Dogecointhe world’s first meme coin, pioneered the space, with the Shiba Inu following in its footsteps.
These tokens may be fun and all, but with the popularity of meme coins soaring, investors may find joy and gains! Investing in the top 5 memecoins should make any investor’s portfolio glow green.
Here are five meme coins that have the potential to skyrocket in the coming days.
Meme coins are seen climbing high
quack
Among the Shiba inu-themed meme is the little-known Rich Quack, a duck-themed cryptocurrency with a vibrant community supporting the project. according to Phoenix groupRich Kwak is one of the The most socially active meme coins in space, just behind the Shiba Inu by a small margin.
Based on data by Koenjiko, the token is blinking green on all timeframes with the biggest gain in the half week coming in at 11%. At the current price of the token, we may see larger price action as the bulls attempt to consolidate above the current support at $1.6731.
FLOKI
Floki inu is one of the popular Shiba inu themed tokens available in the market. With a market capitalization of nearly $500 million due to Floki’s recent listings on several major exchanges such as KuCoinAnd Yeswith possible binance inclusion in the future. This caught the attention of many investors, driving the token’s trading volume to approx $200 million on the day of listing.
Image: StormGain
Although FLOKI price has been declining since it reached a high of $0.00006793, the token is still showing growth in the subsequent timeframes. Those who want FLOKI should help the bulls defend its support at $0.00003774 which will allow the token to target higher highs.
Cuts
Another lesser-known coin, Dejitaru Tsuka, It is currently ranked 270 on CoinGecko’s list of cryptocurrencies, showing gains in the medium to long term. The Japanese token is very obscure, with few updates on its official Twitter page. However, the token recently reached 10,000 holders which is proof of how dedicated the TSUKA community is to the crypto project.
At the $0.11756 support, the bulls could have enough room to make an explosive move to the upside if momentum allows. However, the bulls are facing resistance at $0.15815 which must be broken in the medium to long term to allow free movement.
Dog-themed coin darlings
child
A Shiba inu token, the Baby Doge Coin (BABYDOGE) is a self-described deflationary token that is currently one of the most socially active tokens available on the market. With a market capitalization of over $500 million, BABYDOGE offers investors an existing supportive community. to push To list the token on Binance.
At $3.1, the token’s support is reinforced by the bulls at $3.012, which, if it holds, will be a launching pad for BABYDOGE’s future bullish price move. Investors should keep an eye on the current support for the token as this is an important support for the token.
DOT total market cap at $8.6 billion on the daily chart | Chart: TradingView.com
dog
The “grandfather” of all meme coins, Dogecoin (DOGE) has the potential to rise even further. At the time of this writing, DOGE Approximately 8% on the weekly time frame.
DOGE is currently trading at $0.0882 with support at $0.08585. The token’s small trading range could be a catalyst for a significant upward move in the medium to long term. This shows a strong bull and bear tug of war and it’s only a matter of time to see who won the fight.
Featured image from Outlook India
