The Top 3 Memecoins to Watch After the EthereumETF Launch

The top 3 memcoins to watch after the EthereumETF launch would be Pepe, LAIKA, and DJT. Laika The Soldog and the DJT crypto prices have been on a

After the EthereumETF launch, the top three memecoins to keep an eye on are Pepe, LAIKA, and DJT. Pepe coin is showing a bullish trend, while Laika The Soldog and DJT crypto prices have been bearish.

LAIKA Price at ATL: Will Its Price Rebound or Continue Falling Ahead?

Solana meme coin LAIKA, which was being sold for $0.00005690 at the time, had a fully diluted total supply of coins in the cryptocurrency market, according to CoinMarketCap.

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From the beginning of 2024, the Laika The Soldog price chart has shown a lot of selling pressure. On July 25, the price hit an all-time low of $0.00005674.

The digital asset price is below the 20-day EMA, which shows that bears are in charge. If buyers don't step in, the price could go down to the 200-day EMA and hit a new ATL.

On the other hand, strong buying momentum could be seen if the LAIKA price goes up past the 20-day EMA. In the long run, a high trading volume could lead to strong buying pressure.

4-H Timeframe Technical Analysis of DJT Price

At press time, TrumpCoin was trading at $0.0081, showing a massive 16.86% price movement in the last 24 hours. The market capitalization was $82.63 Million, and the 24-hour trading volume was $1.62 Million.

Over a 4-H time frame, DJT price dropped 18% on 27 and 28 July, and it recovered in 8 hours the next day. As per the chart structure, the DJT price has defended the major support level and performed positively.

At press time, TrumpCoin was forming a descending triangle pattern. If the price breaks out of the triangle, buyers might be interested. The price may recover from the bottom if buyers show more interest.

Alternatively, if the upper trendline provides resistance to the DJT price, the price may decline to the major support level. If the price starts trading below the major support level, it could hit a new all-time low.

Is PEPE Price Anticipating a 50% Price Surge Ahead?

The Pepe price has been going up, making higher highs and higher lows. After rising from the higher low zone, the price is now heading for a new higher high. For the last 2 weeks, the price has been stuck in a narrow range.

If the price manages to stay above the 20-day EMA, buyers might be interested in a new higher high. The price needs to go up by about 50% to reach a new higher high and all-time high.

On the other hand, if the Pepe price falls below the 20-day EMA, profit booking may be observed. If the PEPE price drops below the $0.0000100 mark, it may draw sellers and result in strong selling pressure.

Conclusion

The top 3 memcoins to watch after the EthereumETF launch would be Pepe, LAIKA, and DJT. Among them, only Pepe crypto has remained bullish, while LAIKA and DJT crypto have performed negatively. The LAIKA price is close to an all-time low, and the DJT price has managed to defend the major support level.

This article is for informational purposes only and does not provide financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Before making any financial decisions, please do your own research.