4 Must Buy Top Underrated Meme Coins In 2024
The post 4 Must Buy Top Underrated Meme Coins In 2024 appeared first on Coinpedia Fintech News
With a fresh entry of meme coins in the top performers list today, this community and hype-driven sector find a boost in trend momentum. However, with a conservative move in DOGE and SHIB, these underrated low-cap coins are becoming the choice of smart investors.
With stronger chances of increased returns, these meme coins offer a breakout entry opportunity for sideline traders. Further, with market recovery anticipations stronger than ever post-halving, the additional boost could result in massive gains.
So, let’s have a closer look at these underrated meme coins, which are ready for massive gains in the coming time.
Cat In A Dog World (MEW)
Being a cat-themed coin in the meme coin sector, primarily full of Dog-themed top performers, brings special attention to MEW. With a bullish reversal in the last 24 hours, the MEW price has increased by 33%, leading to a resistance trendline breakout.
As the trend momentum increases, the altcoin coin could surpass the $0.008683 mark, potentially jumping to $0.012.
Floki Inu (FLOKI)
With a falling channel in the 4H chart, the FLOKI price reflects a larger pullback phase in motion. However, the short-term reversal within the channel teases a breakout rally, leading to a potential golden crossover.
With almost a 50% rise in the last 30 days, the FLOKI price is heading closer to reaching the $0.00020 psychological mark. Further, the breakout rally will increase the hype around the meme coin, leading to a potential bull run to $0.000040.
Pepe (PEPE)
With a breakout rally, the PEPE meme coin is heading for a prolonged bullish trend. Becoming a top meme coin, PEPE shows a high likelihood of a 10X return in 2024 if the broader market recovers.
Breaking beyond a falling channel, the meme coin has increased by 60% in the last six days, creating a streak of bullish candles. As the uptrend approaches the trend-based 50% Fibonacci level at $0.000008966.
As per the retracement levels, the breakout rally could hit the $0.0000177 mark or the 1.618 level.
Memecoin (MEME)
The MEME token offers a bullish reversal entry opportunity as one of the youngest top names in the meme coin sector. With a bounce back, the MEME token value has increased by 23% in the last seven days.
With this reversal, the MEME price challenges the 50D EMA and might shortly challenge the resistance trendline. Further, the MACD and signal line give a bullish crossover, increasing the uptrend chances.
If the bull run sustains momentum, Memecoin price could hit the $0.10 mark in the coming months.
