These Viral Meme Coins Will Grow In Double Digits As Bitcoin Breaks Above $63K: Details

TL; DR

Meme coins made strong gains, like NEIRO up 50%, POPCAT up 20% and MOG up 17%. DOGE jumped 5% on potential for a big rally, and SHIB rose 7%. This is because at the time of this report, the price of Bitcoin was rising above $63,000.

Huge meme coin resurrection

The cryptocurrency sector has headed slightly north in the last 24 hours, with the total market capitalization growing by 1.5% and surpassing $2.3 trillion (according to CoinGecko). The meme coin collection is one of the top performing states, with several tokens witnessing significant price increases.

One example is NEIRO, which is up 50% daily and is at a new all-time high. Its market cap has exceeded $600 million, making it the 10th largest meme coin.

Others are notable earners. dogwifehat (WIF) and Bonk Innu (BONK). The former estimate rose 20%, while the latter experienced a 12% rally.

Cat themed tokens are also available in the club. PopCat (POPCAT) rallied roughly 20% to touch an ATH of around $1.50, while MOG Coin (MOG) jumped 17%.

Leading meme coins – Dogecoin (DOGE) and Shiba Inu (SHIB) – are in green, Even by registering Less significant profit.

DOGE increased by 5% on a 24-hour scale, and as expected by some market observers Additional parades may be held. in the cards. X user Ali Martinez It was noticed The price structure of the property to point out A “200% rise, a 60% retracement, and then a bull run” could come.

Mikubul Crypt is also entered. keep out DOGE to $1 “as the smallest target of this cycle. According to traders, it is currently preparing for “the next wave of rallies”.

What about SHIB?

The second largest meme coin recorded a price jump of about 7% in the last 24 hours, while its market capitalization moved to $11 billion.

SHIB was one of the top performers in the crypto sector at the end of September, and it will be interesting to watch if the recent resurgence is the start of a new bullish rally.

An important indicator on the chain, however, indicates the coming pain for the bulls. This is the relative strength index (RSI) which measures the change and speed of price movements. It ranges from 0 to 100, with readings above 70 indicating overbought conditions and can be corrected.

The ratio has been gradually increasing over the past several days, currently the host as if More than 60.