Let's break down some coins that are generating a lot of hype right now:

💰 Pnut

This is a fairly average memecoin compared to the overall market. Right now, it is at its lowest point and doesn't seem to be in a hurry to recover. The price could break out of the downtrend through a sideways range between ~$0.14 and ~$0.26. If it stays clearly within this zone, a recovery could follow. But I wouldn't expect the same kind of hype as before.

🤑 ETH

Ethereum is currently under a lot of pressure from the community. Many retail investors got trapped in it earlier and are now securing their losses. According to people's reactions, the shake-up is working. The price is falling below the support level of ~$2,000, which is generating this effect. We are likely to see a recovery soon. There is growth potential up to around ~$8,000.

🤑 WLD

The token is extremely overvalued in terms of FDV, which is currently at $7,870,000,000. The market cap is 8 times lower than that. With a large number of unlocks coming soon, the selling pressure will be enormous. It's clear that recovery is the goal for this coin, but the question is how its performance will compare to other altcoins. I wouldn't expect more than a 2x–3x move here.

🤑 DOGE

Elon Musk officially distanced himself from any link between the memecoin and the Government Efficiency Department. In my opinion, this is just typical manipulation on his part. Next time he could throw out a reference to Dogecoin again, and that could trigger a rally. From a technical analysis perspective, the coin is currently at strong support levels, making it a good area to consider buying.

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