As the Bitcoin price reclaims the $58,000 mark, the meme coin segment is witnessing a surge in mid-cap to low-cap tokens. At the same time, the top tokens are slowly but gradually gaining momentum. The segment dropped from $38.81 billion to $37.77 billion over the past 24 hours as the top tokens declined.
However, the low-cap tokens are gaining momentum and are ready to skyrocket. Here are the top 3 tokens you should buy in the next meme coin bull run.
With a market cap of $190 million, the Simon’s Cat token is a meme coin backed by the IP rights of the Simon’s Cat brand. As an animated series based in the UK, Simon’s Cat has officially had 1.6 billion views on YouTube.
With a strong community, the project is making waves in the Web3 segment. It has increased by 15.29% in the past 24 hours and 81.93% from its inception.
Currently, the meme coin is trading at $0.00002821 and teases an inverted head-and-shoulder pattern breakout with a neckline at $0.000030. Based on this price pattern, the meme coin is close to surpassing the psychological mark of $0.000050.
In recent news, the memecoin won the second phase of Binance’s Meme Liquidity Support Program. With this phase 2 win, the memecoin will gain the committed $900,000 worth of LP support to empower and grow the promising memecoin.
Also Read: Stargate Finance Price Prediction 2024, 2025, 2030: Is STG A Worthy Investment?
The Baby Doge has a market cap of $144.6 million and has increased by 4.27% in the last 24 hours. Currently, the Baby Doge is trading at $0.00009671. Currently, the meme coin is teasing a rounding bottom reversal after a massive price fall in early September.
However, the recent rounding bottom surpasses the 50 EMA in the 4-hour chart and heads towards the 200 EMA. Furthermore, it reveals a falling wedge pattern in the daily chart and a rounding bottom reversal, reflecting a bull cycle. On the upside, the meme coin has a target of $0.0000012.
Wondering where the biggest meme coin, Dogecoin, is headed in the next few years? Don’t miss our in-depth DOGE price prediction for 2024-2030!
The WHY token has a market cap of $117.37 million and has increased by 7.39% in the past 24 hours. The WHY token remains one of the highest liquid tokens on DEX, with $16 million.
Similarly, Baby Doge had a liquidity of $17 million, and CAT had a liquidity of $14 million. Furthermore, the meme coin is innovating a new feature to the WHY token, which reveals a bullish reversal in preparation.
The recovery rally faces opposition from the 78.60% Fibonacci level, revealing a golden crossover in the 50 and 200 EMA in the 4-hour chart. With the bullish trend in motion, the WHY token will likely give a breakout rally and hit a new all-time high above the $0.00000032 mark.
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