The post Top Memecoins To Buy During The Ongoing Meme Market Correction! appeared on BitcoinEthereumNews.com.

The Bitcoin price today continues hovering close to the $100,000, resulting in top altcoins regaining momentum. However, the memecoin market, has recorded a strong bearish pullback this week, highlighting increased price volatility in the crypto space. Considering the present market sentiments, will Meme coin market record a strong comeback and achieve a new ATH this crypto bull run? Dive in as, in this article, we have covered the top 3 meme tokens that have the potential to outperform top tokens. Dogwifhat (WIF) The WIF price has lost 5.54% in 24 hours with a trading volume of $499.610 million. Moreover, it has dropped 14.56% in seven days and 20.41% during the last 30 days. With a market cap of $2.91 billion, it has secured the 54th position. TradingView: WIF/USDT The Moving Average Convergence Divergence (MACD) shows a constant red histogram in the daily time frame with its averages displaying a constant downtrend. This suggests an increase in the selling pressure for the meme coin in the crypto market. If the bulls regain momentum, the WIF price will breach its resistance level of $3.1725 and head toward its upper resistance level of $4.1950. Conversely, if the bears outrun the bulls, the Dogwifhat price will retest its support level of $2.2440. Also, read Dogwifhat Price Prediction to uncover the long-term price prospects of this memecoin! Pepe (PEPE) Despite recording a correction of 1.16% in 24 hours, the Pepe coin price has jumped 13.23% over the last seven days and 27.31% during the last 30 days. Further, this memecoin has recorded a YTD return of 1,630.26%, making it one of the best-performing memecoins this year. TradingView: PEPE/USDT The Simple Moving Average (SMA) constantly supports the PEPE price chart in the 1D time frame. However, the MACD indicator records a bearish price action, highlighting mixed…

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Filed under: News - @ December 13, 2024 10:24 pm