Must Buy Memecoins For 3X
The post Must Buy Memecoins For 3X appeared on BitcoinEthereumNews.com.
With the price of Bitcoin reclaiming the $60k level, the crypto market has experienced a strong bullish recovery over the past few hours. Moreover, the memecoin category has recorded the highest gains with many tokens recording a surge of up to 3 digits. Following this, investors are turning optimistic about the memecoin mania and a potential AltSeason rally. Further, questions like “Which memecoin is best for investment?” and “Which memecoin will reach $1?” have stormed the crypto market. Scroll down, as in this article, we have covered the top 3 meme coins that have the potential to outperform the top cryptocurrencies during the 4th quarter. WHY (WHY) Amid increased price volatility, the WHY price 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 position in the global crypto list. The Simple Moving Average (SMA)has recorded a strong bullish curve in the 4H time frame. This highlights increased buying pressure for the altcoin in the market. Moreover, the RSI has breached the overbought range. This suggests that the price will continue gaining value in the coming time. If the market continues to trade under a bullish sentiment, the WHY price will prepare to test its upper resistance level of $0.0000003330. On the flip side, a bearish reversal could pull the price toward its low of $0.000000270. Mog Coin (MOG) Despite recording a negative price action over the past month, the MOG price has gained significant attention from the crypto space. Moreover, with a YTD return of ~1,900%, this meme coin is one of the best-performing projects of this year. The Moving Average Convergence Divergence (MACD) has displayed a weak bullish action in the market. Further, the technical indicator…
Filed under: News - @ September 18, 2024 10:20 pm