The post Dogwifhat, Floki, Pepe Prices Rise as Meme Coins Rally appeared on BitcoinEthereumNews.com.

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . The meme coin asset class is seeing signs of strong bullish activity, with tokens like Dogwifhat, Floki and Pepe on the cusp of major bull rallies.  A 5% bounce in the Pepe price has resulted in the meme coin breaking out of a multi-week accumulation zone, poised for a major continuation.  Meanwhile, Dogwifhat and Floki also appear set for bullish reversals, provided that Bitcoin can continue its bullish trajectory.  Whales are also hunting for new meme coins, with Memebet Token being one of the coins in the highest demand. Some traders are aiming for 100x returns with MEMEBET.  Pepe, Dogwifhat and Floki Prices Bounce – How High Can They Go? Meme coins continue to outperform every asset class, with no signs that the trend will shift in the coming months.  Meme tokens currently present excellent buying opportunities, considering most of the top projects have seen healthy corrections from their respective all-time highs.  For instance, the Pepe price is trading at $0.0000078 with a market capitalization of $3.2 billion, 54% below its all-time high.  In fact, some experts believe that the popular frog-themed meme coin could reach a peak valuation of $50 billion in this cycle, which would mean over 16x returns for new buyers.  Indeed, PEPE is on the cusp of a bullish breakout, having breached its multi-month accumulation zone.  Popular crypto trader The Don Of Apes (@TheDonOfApes) highlights that the meme coin is trading within a descending channel.  Historically, its best moves come after breaking such patterns. He believes that a flip of the upper trendline could trigger a 107% rally…

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Filed under: News - @ September 14, 2024 11:47 pm