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With the tag of Bitcoin reclaiming the $60k stage, the crypto market has experienced a stable bullish restoration over the past few hours. Moreover, the memecoin class has recorded the ultimate beneficial properties with many tokens recording a surge of up to three digits.
Following this, traders are turning optimistic about the memecoin mania and a doable AltSeason rally. Extra, questions like “Which memecoin is finest for funding?” and “Which memecoin will reach $1?” maintain stormed the crypto market.
Scroll down, as listed here, now we maintain covered the tip 3 meme coins which maintain the functionality to outperform the tip cryptocurrencies all the blueprint via the 4th quarter.
WHY (WHY)
Amid elevated tag volatility, the WHY tag has added 5.25% in 24 hours and 10.47% over the past week. Moreover, it has surged ~30% since its inception. With a market cap of $120.95 million, it has secured the 284th plan in the worldwide crypto list.
The Easy Fascinating Common (SMA)has recorded a stable bullish curve in the 4H time-frame. This highlights elevated buying stress for the altcoin available in the market. Moreover, the RSI has breached the overbought vary. This implies that the tag will proceed gaining fee in the coming time.
If the market continues to trade below a bullish sentiment, the WHY tag will prepare to check its greater resistance stage of $0.0000003330. On the flip aspect, a bearish reversal would perhaps perhaps perhaps pull the tag in direction of its low of $0.000000270.
Mog Coin (MOG)
Despite recording a negative tag action over the past month, the MOG tag has gained valuable consideration from the crypto recount. Moreover, with a YTD return of ~1,900%, this meme coin is one of the crucial precise-performing initiatives of this year.
The Fascinating Common Convergence Divergence (MACD) has displayed a susceptible bullish action available in the market. Extra, the technical indicator has recorded an magnify in the selling stress. This highlights a doable short-term pullback for the memecoin in the coming time.
Declaring the tag above its resistance stage of $0.00000009820 would perhaps perhaps perhaps build the stage for the MOG tag to head in direction of its greater stage of $0.0000015420. On the opposite hand, a bearish action would perhaps perhaps perhaps pull the tag in direction of its low of $0.000000680.
First Neiro on Ethereum (NEIRO)
Since its checklist on Binance, this memecoin has taken over the crypto market by storm. Particularly, it has surged 1,161% over the past week and has a 365 days-to-Date (YTD) return of 18,444.10%, making it the precise-performing memecoin of the year 2024.
The Relative Energy Index (RSI) continues hovering shut to its overbought vary in the 1H time-frame. This signifies a stable bullish sentiment for the altcoin available in the market. Extra, the SMA acts as a reinforce to the NEIRO tag chart. This implies a bullish outlook for the memecoin available in the market.
If the bulls proceed to purchase momentum, the First Neiro on Ethereum tag will prepare to check its greater stage of $0.001 in the coming time. Conversely, a bearish reversal would perhaps perhaps perhaps pull the tag in direction of its low of $0.00060.
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