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Cryptocurrency News Articles

Trending Meme Coins to Buy Now

Dec 12, 2024 at 10:52 pm

Savvy investors constantly study trending meme coins for the most profitable options. Today, we highlight several tokens that look bullish on leading DEX platforms.

Trending Meme Coins to Buy Now

Seasoned investors keep a close eye on trending meme coins to identify the most profitable options. Today, we highlight several tokens that appear bullish on leading DEX platforms. These tokens have witnessed a surge in interest, thanks to notable market activity and investor enthusiasm.

This article discusses the various factors driving the popularity of these tokens. It explains why they stand out as excellent investment options and extrapolates how they can potentially deliver returns of 100x or more. Read on to discover how to tap into these trending tokens and maximize your investment potential.

Trending Meme Coins to Buy Now

Today’s analysis offers valuable insights into assessing the profit potential of trending cryptocurrencies. It highlights Notcoin, dogwifhat, and BONK as options worth further examination. These low-cap tokens are known for their real-world utilities. They are gaining traction due to their impressive recent performance.

Additionally, Pepe Unchained drew significant attention and captured the spotlight with a remarkable 107% price surge within 24 hours of its launch, reaching $0.02156 as of 11:00 p.m. EST on December 10. This growth was fueled by trading volume skyrocketing to $21.3 million following its highly anticipated presale launch on Uniswap on December 10. Even though PEPU’s presale is over, there is still time for investors to capitalize on the current rate. Read on to learn more and make informed investment decisions.  

1. Notcoin (NOT)

Notcoin has quickly gained attention as a unique entry point into the Web3 world, starting as a popular Telegram game. Its simple tap-to-earn mining system allows users to earn $NOT tokens by playing games, exploring Web3 products, and contributing to the ecosystem’s growth. This straightforward approach encourages community participation, making Web3 technology accessible to a broader audience. Additionally, developers can use Notcoin campaigns to showcase their Web3 products, reaching more users and driving adoption.

Regarding price action, Notcoin has demonstrated the significance of technical patterns in shaping market sentiment. The recent breakout from a falling wedge pattern—a widely trusted indicator of bullish reversals—highlights growing optimism. With a projected price target of $0.12, representing a 76.25% potential upside, the outlook for $NOT appears promising.

This bullish trend is further supported by improving technical indicators, which add credibility to the breakout. If $NOT surpasses intermediate resistance levels, it could attract increased attention from traders and investors. However, risks remain. Failure to hold key support levels or break out of the consolidation range could lead to a price retracement, requiring careful monitoring of market movements.

Looking ahead, forecasts suggest significant gains for Notcoin by early 2024. With a potential high of $0.036956—marking a 333% increase from current levels—the token has caught the interest of many in the crypto space.

Notcoin’s community-focused model and seamless engagement with Web3 technology make it a standout project. As the crypto space grows, Notcoin’s simplicity, utility, and growth potential make it an exciting prospect.

2. dogwifhat (WIF)

Dogwifhat ($WIF), a meme coin inspired by an adorable dog wearing a hat, has captured the interest of crypto enthusiasts. The token consolidates within a falling wedge pattern, a technical setup often hinting at a breakout. Bulls are targeting a significant 175% gain from the Point of Control (PoC) value zone, and rising trading volume adds momentum to this outlook.

Moreover, Dogwifhat has secured partnerships with major players in the cryptocurrency exchange space, including Binance, Bybit, BYDFi, OKX, and DOEX. These collaborations boost $WIF’s accessibility, providing multiple avenues for users to trade and invest.

In terms of market performance, $WIF has shown remarkable growth. Just three months ago, the token traded at $1.4462. Since then, it has surged by an impressive 111.589%, reaching $3.0 today. With a total supply of 998.84 million tokens—all in circulation—investors face no inflationary risk from additional token issuance.

Despite its strong growth, sentiment around $WIF remains bearish for now. Interestingly, the Fear & Greed Index scores an “Extreme Greed” sentiment of 83 among market participants. Over the past 30 days, $WIF has recorded 15 green days, reflecting a 50% success rate in daily price increases.

Dogwifhat is also listed on major exchanges like Binance, which enhances its liquidity and accessibility. While the current price outlook remains neutral, the increasing trading volume and growing market interest make $WIF a token worth monitoring closely.

On the technical side, analysts suggest that if the

News source:insidebitcoins.com

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