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MEMECOINS TO KEEP AN EYE ON
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Pepe (PEPE): Showing Tremendous Price Growth
Pepe (PEPE) has been causing a stir in the meme coin space. It is a meme coin on the Ethereum blockchain. As a deflationary cryptocurrency that pays homage to Pepe the Frog, countless people are attracted to it.
Pepe's price recently jumped from $0.000000907 to $0.00000688 in just the last 30 days. Its market value grew from $378 million to $2.89 billion during that period. From a technical analysis point of view, this meme coin could continue this bullish trend. For example, 22 technical indicators are lighting green lights.
Experts in the crypto field consider all these factors when making their price predictions for Pepe. For these reasons, they predict that the price of this meme coin will reach $0.000011 by the second quarter of 2024, which is quite bullish.
Bonk (BONK): Riding a Bullish Wave
Meanwhile, Bonk (BONK) has recently gained a lot of traction, specifically in the Solana ecosystem. Most notably, Robinhood Crypto EU recently announced that it will list this Solana-based meme coin. As a result, more people will have access to the Bonk cryptocurrency.
In terms of Bonk's price movement, it has skyrocketed from $0.000010 to $0.00029 over the last month. The market value of this meme coin increased from $643 million to $1.91 billion during this period. Technical analysis also paints a bullish picture for Bonk as it is trading above its 21-day EMA. Furthermore, around 20 technical indicators show buy signals for this meme coin.
As a result, prominent market analysts made a bullish price prediction for Bonk. They predict that Bonk will reach the value of $0.000045 by the second quarter of 2024. These factors make Bonk one of the meme coins to keep an eye on.
