Top Memecoins To Stack For 2X – 5X Return In 2024!
The post Top Memecoins To Stack For 2X – 5X Return In 2024! appeared first on Coinpedia Fintech News
With the price of Bitcoin hovering close to its $64,000 level, top altcoins have displayed a significant decline in the buying pressure, indicating a cool-off in the price action. However, mid-cap and low-cap altcoins have recorded a massive uptrend in their valuations.
Furthermore, mid-cap and low-cap memecoins have displayed a similar trend with some tokens recording a double-digit gain within a short period.
Planning on investing before the memecoin run begins, scroll down as, in this article, we have covered the top 3 memecoins that have the potential to record massive surges in their respective portfolios during the upcoming months.
Dogwifhat (WIF) Price Action:
The WIF price continues to display a bullish price action by adding 2.76% to its portfolio within the past day and 54.57% over the past week. Furthermore, the memecoin has surged 16.58% within the past 30 days and and has a YTD return of 1,465.79%.
The technical indicators, RSI and MACD continue recording a bullish sentiment in the 1D time frame. This indicates an increase in the buying-over-selling pressure for the memecoin in the crypto space.
If the market continues to trade under a bullish sentiment, the dogwifhat price will prepare to test its upper resistance level of $3.990 during the upcoming weeks. Conversely, bearish price action could pull the price of WIF toward its low of $1.240.
Hoppy (HOPPY):
Built on the Ethereum chain, the Hoppy project is inspired by an internet meme based on the famous comic book “The Night Riders” published in 2012 by artist and illustrator Matt Furie.
The project is divided into 3 phases. The first phase is where the fun begins by spreading memes. In phase 2, the project will focus on reaching 100,000 holders, and in phase 3, it plans to take over the meme universe.
With a trading price of $0.0001087, a circulating supply of 420,690,000,000 HOPPY tokens, and a market capitalization of $45.728 Million, the Hoppy price has successfully secured the 565th position in the global crypto list.
Andy (ANDY):
Launched on the BNB Smart Chain (BEP20), Andy is a yellow dog and arguably the most important character of Matt Furie’s “Bous Club” comics. Inspired by Pepe, Brett, and Landwolf, the Andy project aims to make the BEP20 chain great again.
With a trading price of $0.0001342 and a circulating supply of 10 Billion tokens, the Andy token has secured the 2,646th position in the global cryptocurrency list with a self-reported market capitalization of $13.14 Million.
