Top 5 Meme Coins Expected to Make a Surprise Rally This Week
Meme coins are altcoins that were first created for fun, then evolved to have actual utility in the crypto industry. Dogecointhe world’s first meme coin, pioneered space, with the Shiba Inu following in its footsteps.
These tokens may be fun and all, but with the popularity of meme coins skyrocketing, investors can find both joy and profits! Investing in these top 5 meme coins should make any investor’s portfolio glow green.
Here are five meme coins that have the potential to make a surprise rally in the next few days.
These Meme coins are seen climbing high
QUACK
Among the Shiba inu-themed meme coins is the little-known Rich Quack, a duck-themed cryptocurrency with a vibrant community supporting the project. In accordance Phoenix GroupRich Quack is one of them most socially active meme coins in the room, only behind the Shiba Inu by a small margin.
Based on data from Coingecko, the token flashes green in all time frames with the biggest gains of 11% on it every two weeks. With the token’s current price, we could see a bigger price move as the bulls try to consolidate above their current support at $1.6731.
FLOOKIE
Floki inu is one of the popular Shiba inu themed symbols available in the market. With a market cap of nearly $500 million due to Floki’s recent listings on several major exchanges such as KuCoin, OKXwith a possible Binance listing in the future. This caught the eye of many investors, pushing the trading volume of the token to almost 200 million dollars on the listing day.
Image: StormGain
Although the price of FLOKI has declined since reaching the high of $0.00006793, the token continues to show growth in the later time frames. Those interested in getting on FLOKI should help the bulls defend their support at $0.00003774, which will allow the token to target higher highs.
TSUKA
Another lesser known coin, the Dejitaru Tsuka, is currently ranked 270 in CoinGecko’s cryptocurrency list, showing gains in the medium to long term. The Japanese lore-themed token is very mysterious, with few updates on its official status Twitter page. However, the token recently reached 10,000 holders, which is a testament to how dedicated the TSUKA community is to the crypto project.
At $0.11756 support, the bulls may have enough room to have an explosive move up if the momentum allows. However, bulls face resistance at $0.15815 which needs to be broken in the medium to long term to allow freedom of movement.
Dog themed coin darlings
BABY DOG
A Shiba inu-themed token, Baby Doge Coin (BABYDOGE) is a self-described deflationary token that is currently one of the most socially active tokens available on the market. With a market capitalization of over $500 million, BABYDOGE provides investors with a supportive community that is currently push for listing the token on Binance.
At the price of $3.1, the token’s support is strengthened by the bulls at $3.012 which, if it holds, will be the starting point for BABYDOGE’s future bullish price movement. Investors should look at the token’s current support as this is a crucial support for the token.
DOT total market cap at $8.6 billion on the daily chart | Chart: TradingView.com
DOGE
the “granddaddy” of all meme coins, Dogecoin (DOGE) has the potential to rise even more. At the time of writing, DOGE is up almost 8% in the weekly time frame.
DOGE is currently trading at $0.0882 with support at $0.08585. The token’s small trading range could be a catalyst for a major bullish move in the medium to long term. This means a strong tug-of-war for bulls and bears, and it is only a matter of time to know who won the battle.
– Featured image from Outlook India
