Hello everyone, I am Penny.
We may be entering the final stage of this cryptocurrency bull market. Bitcoin has risen significantly, however, for retail investors looking to maximize returns (despite the high risks), meme remains the first choice.
This year, Penny is most optimistic about the MEME sector: $DOGE, $PEPE, and $PENGU, all of which are popular and have their respective advantages, but which one will perform the best? Let's take a look.
$DOGE: Established leader, bull market engine, back to strong upward trend
Since June of this year, Dogecoin has maintained a steady upward trend. The volatility peak in July indeed pushed the price up to $0.28. Moreover, the recent trading volume has surged by 30%, and if it breaks through the resistance at $0.36, the next target will soar to $0.5, breaking last year's high!
Technical indicators:
$DOGE's 8-hour time frame shows that the price has returned to above the upward trend line, and the stochastic RSI indicator in the short-term time frame has bottomed out, giving the bulls hope to achieve further success in the recent slight upward trend.
From the weekly chart, the last volatility peak of $DOGE pushed the price to the 0.618 Fibonacci extension level. Therefore, the bulls need to push it above last year's highest point of $0.48 to avoid a pullback. At the bottom of the chart, the MACD shows that the indicator line is above the signal line, and the first green histogram has appeared, indicating that Dogecoin is likely to continue rising.
$DOGE is currently priced at 0.228, and if it reaches 0.618, the annual increase could reach 171.05%!
$PEPE: Ethereum-based MEME top-tier, price located within an ascending triangle
Current price $0.00001114, if it breaks through the key resistance of $0.00001425, the target is $0.00002653, with an expected annual increase of over 100%.
Technical indicators:
For $PEPE, the price trend is operating within an ascending triangle, which is very bullish. The bulls first need to push the price up to the level resistance of $0.000012, and then the top of the ascending triangle will be at $0.000014. If the bulls can push the price to break through these two resistance levels, the measured trend may push the price up to $0.000022.
$PENGU: A dual dark horse of NFT + meme, price forming a bullish triangle flag
Fat Penguin $PENGU is undoubtedly the strongest dark horse this year, having accumulated an increase of about +890% this year. Its current market value is approximately $2–2.4 billion, with a 24-hour trading volume exceeding $600–700 million, providing ample liquidity. Moreover, the floor price of Pudgy Penguins NFT has risen by 7% weekly, and Google search volume has surpassed SHIB, with institutions optimistic about the potential of $0.3–$0.5.
Technical indicators:
Many people might think that after such a super explosive increase, the price of $PENGU would start to decline significantly. However, that is not the case. Instead, the recent price of $PENGU has been consolidating sideways and oscillating downwards, forming a triangle flag pattern.
$PENGU's current price is $0.0334, technically breaking through the descending channel, short-term target $0.046!
This is a bullish continuation pattern. If the bulls can push the price to break through the top of the triangle flag, this sustained volatility could push the price of $PENGU to $0.065, effectively doubling again. This is already quite good for a meme coin that has already seen such a significant increase.
Penny's summary:
Although $PEPE and $PENGU are also quite good, in terms of comprehensive strength, $DOGE remains the king of memes. If forced to choose one from three, $DOGE has the highest long-term value and is the most worthy of investment. It can still be used by Musk for future other real payment options, so for stable risk preference, choose $DOGE.
Penny's latest team trading skirt has opened, firmly grasping this year's biggest market!
Core team services:
1. Mainstream coin ecological layout and operational timing strategy: directly tell you the trigger conditions, operational ideas, and historical reference increases for each stage, which can be used to determine when to increase positions, when to switch positions, and when to take profits in a bull market.
2. Market trend dynamic tracking: Automatically assesses which stage the market is currently in every day based on market conditions and provides recommendations. This way, you don't have to monitor the market yourself and can switch strategies in a timely manner.
3. Small-cap explosive growth code recommendations: Market sentiment is extremely enthusiastic, small caps and Meme will have explosive market trends; use professional techniques to watch the market in advance, employ small stakes, and set profit and loss limits.