Best Meme Coins to Watch in July
The ever-evolving meme money industry extremely interesting It has become a niche for investors and traders over the past few months. It is filled with assets based on recent trends, many of which have witnessed significant price increases in a short period of time. time period.
In the following lines We will mention some of the most popular ones and take their chances to progress further through the process continues moon.
Shiba Inu (SHIB)
The second largest meme coin by market cap is quite interesting due to the large number of people be exposed to him. Data shows that more than 1.3 million people Investment made Currently at around 51% in SHIB sitting profit on paper.
The asset made Waves earlier this year, with its price skyrocketing to multi-year highs and its market value surpassing $20 billion.
The Relative Strength Index (RSI) of shiba inu has been trading at relatively low levels for the past few months, suggesting that a new rise could be expected in July. The technical analysis tool ranges from 0 to 100, with a rate above 70 signaling a possible correction. Last time RSI passed this sign was at the end of May.
dogecoin (DOGE)
The leader of the meme coin world saw a 6% increase on a weekly scaleHowever, important factors could cause an additional increase this month. One element could be supported by prominent names.
Recall that DOGE is the favorite cryptocurrency of Tesla CEO Elon Musk. The billionaire often extols his own virtues and often this is the case followed with the revival of the token’s price.
Recently, the EV giant officially Unified offers meme money as a payment option on its website. A little as expectedDOGE surged by over 20% shortly after the announcement.
Dog Hat (WIF)
the biggest The meme coin built on the solana ecosystem has been one of the best performers in the market recently. CryptoPotato reported outperformed DOGE and SHIB earlier today conditions daily trading volume.
Its success in July is dependent on approval from well-known industry participants, favorable market conditions, Solana‘s performance and other factors.
pepe (PEPE)
load but at leastwe will focus on the leading frog-themed meme coin, PEPE. It made headlines when it reached an all-time high in late May, its market cap briefly exceeded $7 billion. Since then, PEPE has been in decline, with its price falling by 25% per month.
Some analystsAgain, I believe the asset is ready for another bull run. X user Mags was envisioned A new ATH will be announced in the coming months, and Elja thinks that July will be much more successful for PEPE than the previous month.
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