Top Tron-based Meme Coins to Turn $10 to $1000
The post Top Tron-based Meme Coins to Turn $10 to $1000 appeared first on Coinpedia Fintech News
Amid the sudden broader market recovery, the bulls are back for the highly volatile meme coins. As the meme coins surge, the Tron-based coins are quick to rise with a boost over the Tron network.
So, let’s have a closer look at our top three picks of Tron-based meme coins to ride the breakout rally this week.
Top TRON-based Meme Coins: SUNDOG
The Sundog meme coin has a market cap of $267 million and has increased by 14.95% in the past 24 hours. The weekly returns of the meme coin are at 4.76% and are currently trading at $0.2682.
The Tron-based memecoin Sundog shows a consolidation range in the 4-hour chart. However, the prevailing uptrend in the memecoin completes a bullish flag pattern.
The consolidation range extends between $0.18 and $0.30. Currently, bullish support from the 50-EMA projects a higher likelihood of a breakout rally. Further, it has surpassed the 23.60% Fibonacci level at $0.26.
The targets on the bullish radar are at 50% and 78.60% Fibonacci levels at $0.42 and $0.72, respectively. On the flip side, a bearish reversal could put the $0.20 and $0.18 support levels at risk.
BULLS
Our second choice of the Tron-based meme coin is BULLS, with a market cap of $5.224 million. The market cap has increased by 11% in the past 24 hours, and the token is currently trading at $0.005225.
Despite the 24-hour recovery and a 50% jump in trading volume, the meme coin is currently down 58.99% from its all-time high at $0.02169. Nevertheless, as the Tron meme coin ecosystem grows, the BULLS token is expected to make a comeback.
With the conclusion of the lower-high formations, the price action traders can find an entry opportunity. The $0.10 is a critical breakout level based on the previous levels. Post this, the next targets are at $0.15 and at $0.20. Due to the lack of price action history, the only available support is $0.0047.
SUNPEPE
The SUNPEPE Meme Coin has a market cap of $1.279 million and has increased by 6.28% in the last hour. The Tron-based meme coin is currently trading at $0.001279.
However, it has dropped by 60% in the past seven days. Since the listing, the meme coin has increased by 36% in the past 30 days. In the daily chart, the SUNPEPE token shows a breakdown of the 50% Fibonacci level, while the bullish side actively tends to hold on to the 0.0010 psychological mark.
The next critical support is at $0.000866; meanwhile, the target levels for the potential recovery in the meme coin are at $0.001454 and $0.002811.
Also, read our Tron (TRX) Price Prediction 2024-2030
