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Top 3 Meme Coins for a 20% Weekly Profit As the Market Turns Greedy?

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Credit : coinpedia.org

The crypto market has posted greener numbers, with the bulls breaking away. Consequently, memecoins equivalent to Dogecoin, Shiba Inu, Trump Coin and Bonk have posted the very best good points throughout this era.

Consecutively, market gamers have been concerned about icebreaker questions equivalent to: Will the memecoin section proceed its bullish restoration and surpass its key resistance ranges this week? Or is that this one other small pump earlier than the dump?

On this article, CoinPedia’s professional panel has uncovered the market sentiment and potential worth evaluation of the highest 3 memecoins by market capitalization.

Dogecoin (DOGE)

The Doge coin worth has maintained its optimistic motion by including 8.26% in 24 hours and 17.79% prior to now 30 days. Notably, with a YTD return of +16.16%, the corporate has secured the seventh place with a market cap of $54.185 billion.

Dogecoin Price Analysis January 22, 2025
Commerce view: DOGE/USDT

The Easy Transferring Common (SMA) is about to expertise a bearish convergence on the DOGE worth chart. Moreover, the MACD indicator data an analogous worth motion within the each day timeframe. Nonetheless, given present market sentiment, a optimistic turnaround can’t be ignored.

Suppose a bullish reversal takes place, then in such a state of affairs, Dogecoin worth will retest its all-time excessive of $0.440 within the close to future. Quite the opposite, if the bears overtake the bulls, it might result in the worth dropping to a low of $0.325.

Questioning if DOGE memecoin will attain $3? Learn CoinPedia’s Dogecoin Value Prediction to find the potential long-term mysteries!

Shiba Inu (SHIB)

Regardless of recording bearish motion this yr, the SHIB coin worth is up ~4% at present with a buying and selling quantity of over $600 million. This meme coin has a 12 months-to-Date (YTD) return of -2.67% and has secured a market valuation of $12.124 billion.

READ  Crypto Strategist Says Dogecoin Close to Confirming Pattern Breakout, Updates Forecast on Polkadot and FET
Shiba Inu Price Analysis January 22, 2025
Commerce view: SHIB/USDT

The Relative Energy Index (RSI) data a bearish curve within the each day timeframe. Furthermore, the EMA 50/200 day reveals related worth motion. This means a detrimental outlook for the second largest meme coin by market capitalization.

If the bulls acquire momentum once more, the Shiba Inu worth will break the USD 0.00002350 resistance degree and head in the direction of the USD 0.00003080 higher resistance degree. Nonetheless, a bearish reversal might pull the worth of this meme coin to the lows of $0.000170.

Do you propose to stack the SHIB memecoins earlier than they yield a “0”? Learn our Shiba Inu worth forecast!

Bonk (BONK)

With a soar of over 15% in 24 hours, Bonk worth has outperformed the highest cryptocurrencies. This Solana-based memecoin has reportedly reclaimed a place among the many high 50 cryptocurrencies with a market cap of over $2.51 billion.

Bonk price analysis January 22, 2025
Commerce view: BONK/USDT

The Transferring Common Convergence Divergence (MACD) reveals a gentle enhance within the inexperienced histogram, with the averages recording an upward trajectory. Moreover, the SMA indicator helps the Bonk worth chart within the each day timeframe, indicating a optimistic outlook.

Sustaining bullish worth motion might push Bonk’s worth in the direction of the very best resistance degree at $0.00004050 this month. Conversely, a development reversal might pull the worth to the low of $0.0000270.

Questioning if Bonk memecoin will hit a brand new 52-week excessive in 2025? Learn CoinPedia’s Bonk Value Prediction 2025, 2026 – 2030!

Continuously requested questions

How a lot will 1 Dogecoin price in 2025?

With elevated adoption and US President Donald Trump’s pro-crypto insurance policies, the worth of DOGE cash might break the $1 mark this yr.

Can SHIB attain $1 by 2030?

It’s extremely unlikely that this meme coin will meet the worth tag given its circulation and most provide.

How a lot will Bonk be value?

With a 24-hour buying and selling quantity of $931.187 million, it exchanges fingers $0.00003270.

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