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There appears to have been a trend of comparing Shiba Inu (SHIB) to other meme coins like Dogecoin (DOGE), Pepe Coin (PEPE) and Dogwifhat (WIF). Shiba Inu's marketing lead LucieSHIB commented on this trend and noted that such comparisons are unwise.
Explore September's forecast for memecoins like Pepe (PEPE), Dogecoin (DOGE), Shiba Inu (SHIB), FLOKI, and Dogwifhat (WIF). Analyze price trends, resistance levels, and market sentiment to understand the potential rise or fall of these popular digital tokens.
According to a Thursday announcement, Pepe (PEPE) and dogwifhat (WIF) are now available for trading on Kraken Pro in Canada.
With the crypto market reclaiming the $2 Trillion valuation, the memecoins have experienced a strong bullish bounce back in their respective valuations.
Memecoins have been hit hard over this long and grinding crypto correction. That said, $PEPE, $WIF, and $FLOKI are still well above their bull market support levels, and as soon as Bitcoin ($BTC) gives the green light, all can potentially surge much higher.
A widely followed cryptocurrency analyst and trader is offering his take on a real-world asset (RWA) project that's skyrocketed by over 40x since December of 2023. The trader pseudonymously known as Sherpa tells his 222,500 followers on the social media platform X that the RWA blockchain MANTRA (OM) is a “strong project.
Cryptocurrency prices remained subdued on Wednesday primarily due to renewed concerns over a US economic slowdown and anticipation of key data that could potentially impact the Federal Reserve's decision on interest rates.
A closely followed crypto strategist believes that rallies are in store for one artificial intelligence-focused altcoin. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he's accumulating Artificial Superintelligence Alliance (FET). The trader shares a chart suggesting that FET could carve a bottom at around $1.
As major cryptos rebound from fresh multi-week lows, with Bitcoin (BTC) back near $58,000 after dipping briefly as low as the $55,000s earlier on Wednesday, investors are scouring altcoin markets for top crypto performers today that might be able to outperform amidst ongoing market uncertainty.
The crypto market hints at an extended correction in September as Bitcoin struggles to hold above the $60,000 mark. If the bearish trend intensifies, SHIB, the second-largest meme coin, could break below its crucial $0.000012 support, opening the door for Shiba Inu rivals to capture investor interest.
Despite a general downturn in the market, the introduction of Agent Shiboshi for iPhone users has captured investor attention, positively impacting the market.
WIF, OM, and FLOW are today's top gainers.
Memecoins staged a robust recovery on Monday as the broader cryptocurrency market rallied on the Labor Day holiday. What happened: The charge was led by Solana (CRYPTO: SOL)-based token, dogwifhat, which recorded a spike of over 12% in the last 24 hours.
SHIB, DOGE & WIF commands enormous attention, as traders are closely watching one is due for a bounce.
Earlier this year, WIF , a Solana-based meme coin, made headlines with a stunning rally that saw its price surge to a peak of $4.83 on March 31. However, the coin has since seen a significant decline, dropping more than 70.5% from its all-time high.
Amid the ongoing broader market correction, investor interest in meme coins has significantly declined, hitting some of the most popular tokens the hardest.
Major cryptocurrencies are starting the new week in the red, with Bitcoin (BTC) tumbling below $58,000 and Ethereum (ETH) slipping below $2,500 once again. The overall crypto market cap also registered a drop of 1.91%, leaving it just above the $2 trillion mark.
According to data provided by cryptocurrency analytics platform Lookonchain, dogwifhat (WIF) and Shiba Inu (SHIB) are among the worst-performing meme coins. The two aforementioned cryptocurrencies are down 70.93% and 70.86%, respectively, from their 52-week highs.
Former Goldman Sachs analyst Murad Mahmudov has predicted that dogwifhat (WIF) is going to be a Solana-based meme coin that is set to outperform in 2025.
In the current bearish market, there are a few best altcoins to buy that have the potential to skyrocket once Bitcoin (BTC) regains the $60,000 level. These altcoins are currently trading at a discounted price and whales are making big bets on them.
A recent announcement of Kraken around the three top meme coins, Shiba Inu, Pepe Coin, and dogwifhat, has caught investors eyes. This latest development has also fueled discussions over a potential rally of the tokens due to the update.
Bitcoin briefly fell below $58,000 late on Wednesday, dipping to a low of $57,974 before recovering. Since then, price action has been relatively muted, with Bitcoin (BTC) trading just above the $59,000 price level, down 0.80% in the past 24 hours.
A surprisingly bullish turn in these selected meme coins amid the broader market crash teases a strong recovery ahead. As the market anticipates a quick reversal this week, as no significant news fuels the crash. These meme coins could skyrocket at the earliest signals of broader market recovery.
The market cap of the meme coin sector is down over 6% in the past 24 hours.
