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A prominent crypto trader suggests that meme coins like PEPE (CRYPTO: PEPE), Dogwifhat (CRYPTO: WIF) and Popcat (CRYPTO: POPCAT) are poised for potential breakouts based on a technical indicator. What Happened: The Elliott Wave theory posits that a bullish asset often undergoes a five-wave rally before reaching its peak and usually rebounds after completing an ABC correction.
Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world's largest cryptocurrency is down almost 4% in the past 24 hours following Iran's attack on Israel.
Memecoins, including PEPE, WIF, and SHIB, experience sharp declines amid rising geopolitical tensions.
A crypto strategist who supercharged his following after nailing the Bitcoin (BTC) 2018 bottom believes one memecoin is gearing up to spark more rallies.
A prominent Binance trader forecasts an all-time high for Bitcoin (CRYPTO: BTC) until the end of the year. What Happened: Trader Alphawifhat suggested on his social media account that the market is taking a breather following a period of strong macro bullishness.
Solana's BONK records an 11% price surge, kicking off October on a bullish note.
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn't state when exactly it would happen.
Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains. What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.
As Bitcoin struggles with macroeconomic headwinds, $BONK, $BEAM, and $WIF rise as top performers in a volatile altcoin market.
While the crypto markets are losing all of the gains triggered by a weekend optimism spike, some large meme cryptocurrencies are outperforming all competitors. By contrast, two meme coin behemoths, SHIB and DOGE, are in the red today, together with other large caps.
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.
Here is how some of your favorite assets concluded the week.
As the market enters a critical period in October, staying ahead could mean following some of the best crypto traders who give timely calls and have a deep understanding of emerging trends.
Shiba Inu, Pepe, and Dogwifhat led the top weekly market gainers as the total meme coin market cap rose 25%, surpassing $55 billion. Leading the weekly gainers, Shiba Inu (SHIB) surged 39% to $0.
A closely followed crypto strategist and trader says one enterprise solutions project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that Zilliqa (ZIL) may continue its breakout on the weekly chart.
Meme coins have somehow managed to make headlines throughout Q3 despite the rest of the market remaining subdued.
A widely followed trader is leaning bullish on a mid-cap Real World Asset (RWA) token while offering his insight on three other altcoins.
Bitcoin (BTC) is reversing its downtrend, and the altcoins are following. However, the most volatile sector is that of the memecoins.
A widely followed cryptocurrency analyst and trader is leaning bullish on one under-the-radar altcoin while offering his insight on two memecoins. The analyst pseudonymously known as Bluntz tells his 276,000 followers on the social media platform X that the native token of the layer-1 protocol Saga (SAGA) is “about to gigasend next.
Dogwifhat (CRYPTO: WIF) is up 8% on the day and 26% on the week, closely following its rival Shiba Inu (CRYPTO: SHIB) as traders see more upside playing out shortly. What Happened: On-chain data provider Lookonchain shows a major WIF holder borrowing 2 million (CRYPTO: USDC) from the Solana (CRYPTO: SOL) DeFi protocol Kamino to buy an additional 894,854 WIF at $2.24 each.
Bitcoin (BTC) retreated from $64,000 late on Wednesday after reaching a peak of $64,780, just short of the crucial $65,000 price level. The overall crypto markets saw a slight retreat, with the market cap falling by 0.82% to $2.23 trillion.
The cryptocurrency market is steady right now, with Bitcoin holding strong at around $63,000. Market experts are predicting that October will kick off a big bull run. They believe that memecoins might be some of the hottest coins to watch, potentially offering huge returns.
Cardano, Celestia and dogwifhat are witnessing positive sentiment on social platforms as the broader crypto market.
The cryptocurrency market is set to enter the last quarter of the financial year, and memecoins have already been the star performers. What happened: A plethora of tokens inspired by dogs and cats have netted massive returns to their holders year-to-date.
