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Cryptocurrency News Articles

Meme Coins Garner Investors' Interest Today More Than Any Other Category of Crypto Assets

Apr 15, 2025 at 01:30 am

Leading the joke tokens was Maneki, who continued the momentum from the previous week.

Meme Coins Garner Investors' Interest Today More Than Any Other Category of Crypto Assets

Meme coins have continued to attract investors’ attention today more than any other category of crypto assets.

Leading the joke tokens was Maneki (MANEKI), who continued the momentum from the previous week.

The price of MANEKI rose by almost 28% in the last 24 hours, reaching $0.0028. This signaled a continuation of the altcoin’s rally from the previous week.

The meme coin is expected to maintain its upward trajectory, aiming to break the $0.0036 barrier in the coming days. A successful breach could bring in more investors, sparking inflows and potentially pushing the price even higher. This would increase the altcoin’s visibility and fuel its growing popularity.

However, if MANEKI fails to hold its support at $0.0022, it could fall to $0.0017. A drop to this level would invalidate the bullish outlook and continue the recent losses, halting its upward momentum.

Keyboard Cat (KEYCAT)

KEYCAT’s price saw a modest 11% increase today, reaching $0.0035, continuing its rally from the previous week, which now totals 64%. Despite not performing as well as MANEKI, this consistent upward trend could attract investors.

The next resistance level for KEYCAT is at $0.0040, and to break this level, the altcoin will likely need broader market support. If successful, this could propel the meme coin toward $0.0353, solidify the current bullish outlook, and fuel further price action, drawing in more investors.

However, if KEYCAT fails to break through $0.0040, it may drop to $0.0030, with further declines possible if this support is lost. Such a fall would invalidate the bullish thesis and signal a potential reversal in price.

Popcat (SOL) (POPCAT)

POPCAT saw an impressive 115% rise over the past week, positioning it as one of the best-performing tokens. However, despite this surge, the meme coin faced a slight decline in the last 24 hours. The volatility signals a possible shift, though the outlook remains generally positive.

While the recent decline has almost been recovered, POPCAT’s momentum seems to be waning. Currently holding above the $0.244 support, the coin looks poised to bounce back and potentially rise to $0.342. Continued support from the market could allow for a more sustained recovery in price.

However, if POPCAT fails to maintain support at $0.244, the price could fall to $0.205, significantly invalidating the bullish outlook. A break below this support would suggest further price erosion, reversing the recent gains and potentially setting the coin on a downward trajectory.

Disclaimer:info@kdj.com

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Other articles published on Apr 16, 2025