Analysis
Top Memecoins To Buy During The Ongoing Meme Market Correction!
Credit : coinpedia.org
The Bitcoin value continues to hover round $100,000 right this moment, inflicting the highest altcoins to regain energy. Nonetheless, the memecoin market has registered a powerful bearish pullback this week, highlighting the elevated value volatility within the crypto area.
Given present market sentiment, will the Meme coin market make a powerful comeback and attain a brand new ATH throughout this crypto bull run? Dive in, as a result of on this article we now have mentioned the highest 3 meme tokens which have the potential to outperform high tokens.
Canine hat (WIF)
WIF value is down 5.54% in 24 hours with a buying and selling quantity of $499.610 million. Moreover, it has fallen 14.56% in seven days and 20.41% within the final 30 days. With a market capitalization of $2.91 billion, it has secured the 54th place.

The Shifting Common Convergence Divergence (MACD) exhibits a continuing pink histogram within the each day time-frame, with the averages displaying a continuing downward pattern. This implies a rise in promoting strain for the meme coin within the crypto market.
If the bulls acquire momentum once more, WIF value will break the USD 3.1725 resistance degree and head in the direction of the USD 4.1950 highest resistance degree. Conversely, if the bears outrun the bulls, Dogwifhat value will retest the USD 2.2440 help degree.
Additionally learn Dogwifhat Worth Prediction to find the long-term value prospects of this memecoin!
Pepe (PEPE)
Regardless of a correction of 1.16% in 24 hours, the value of the Pepe coin has elevated by 13.23% within the final seven days and 27.31% within the final 30 days. Furthermore, this memecoin has achieved a YTD return of 1,630.26%, making it among the best performing memecoins this 12 months.

The Easy Shifting Common (SMA) repeatedly helps the PEPE value chart within the 1D time-frame. Nonetheless, the MACD indicator data bearish value motion, highlighting combined value sentiment.
Suppose the bulls outrun the bears, the PEPE memecoin may head in the direction of a brand new ATH this month. Nonetheless, if the bears acquire energy once more, this memecoin may retest its low of $0.00001800.
To search out solutions to questions like: will Pepe attain 1 cent? Learn PEPE Worth Forecast!
Bonk (BONK)
The Bonk memecoin has seen related value motion by shedding important worth to its portfolio over the previous seven days. Notably, with a 24-hour buying and selling quantity of $386.408 million, this memecoin has a market capitalization of $2.910 billion.

The technical indicators SMA & MACD repeatedly file adverse value motion within the each day time-frame. This means a bearish outlook for the fourth largest memecoin within the cryptocurrency market.
If the market favors bulls, BONK value will retest its highest resistance degree of $0.00004704 this month. However, in case of bearish value motion, this altcoin may retest its help degree at $0.0000270.
Questioning if Bonk value will hit a brand new excessive this altcoin season? Learn CoinPedia’s Bonk Worth Prediction. Additionally subscribe to us to remain updated with the newest crypto information!
Incessantly requested questions
The highest memecoins by market cap are Dogecoin, Shiba Inu, Pepe, Bonk and Dogwifhat.
Given the present market sentiment, Pepe, Bonk, Wif and PNUT are at the moment displaying excessive value volatility, placing them within the highlight of the market.
In keeping with historic market sentiment, with the onset of the Alt season, the memecoin market might acquire important energy.
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