Top 3 Meme Coins to Watch This Week as Volatility Rises
As the market rebounded, meme coins came back into the spotlight. Below we look at SHIB, WIF and FLOKI.
Meme Coins to Watch
Shiba Inu (SHIB)
SHIB’s price managed to close the last 24 hours with an 8% price increase, which shows that buyers are once again into this meme coin. After a steady trend for most of May, June started with a positive development.
The price also made a higher high and a higher low; This could signal the beginning of a new uptrend. The current target and resistance lies at $0.000030. If the bulls continue this month, they could even hit the highs from March when SHIB reached $0.000045.
Chart by TradingView
Dog Hat (WIF)
WIF followed SHIB’s lead and increased its price by 6.5% in the last 24 hours. This meme coin closed May with a bang, with its price suddenly rising over 30%. WIF has since entered a correction, but buyers still seem determined to break the $3.7 resistance.
WIF hit an all-time high of $4.9 in March, and this could be challenged again if the upward momentum continues. This becomes a possible possibility if the $3.7 resistance breaks. Buyers currently have the upper hand.
Chart by TradingView
Floki Inu (FLOKI)
This meme coin became the best performing cryptocurrency on our list after closing the last 24 hours with a 22% price increase. This double-digit performance came after the price confirmed the $0.00025 level as support. Since then, buyers have dominated.
With this latest move, the price has also reached a higher peak, rising above the March high. This is a bullish signal and indicates that the uptrend may be just beginning.
Chart by TradingView
SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive a special $600 welcome offer on binance (full details).
LIMITED OFFER 2024 on bydfi Exchange: Welcome reward up to $2,888, use this link to register and open 100 USDT-M positions for free!
#Top #Meme #Coins #Watch #Week #Volatility #Rises