Home > Information news > Crypto Whale Scores $5.85 Million On PEPE Trading – Here Are The Top 5 Memecoins For Huge Year-End Profits

Crypto Whale Scores $5.85 Million On PEPE Trading – Here Are The Top 5 Memecoins For Huge Year-End Profits

Release: 2024/08/02 03:02 Reading: 531

Original author:Crypto Daily™

Original source:https://coinmarketcap.com/community/en/articles/66abd8f1cd8c5811ced0737b

Crypto Whale Scores $5.85 Million On PEPE Trading – Here Are The Top 5 Memecoins For Huge Year-End Profits

Massive Crypto Player Earns $5.85 Million through PEPE Trading

With the end of the year approaching, investors are shifting their attention to potential high-reward memecoins. This article highlights three under-the-radar coins that are poised for substantial gains, making them intriguing prospects for savvy crypto enthusiasts.

Catwifhat (CWIF)

Catwifhat is currently trading between $0.00000084 and $0.00000157, indicating a recent price decline of 31.62%. While bears appear to be in control, the Relative Strength Index (RSI) of 38.59 suggests oversold levels, hinting at a potential rebound. If bulls recover control, CWIF could rise towards the nearest resistance at $0.00000192, representing a 120% increase.

Dogwifhat (WIF)

Dogwifhat is trading between $2.19 and $2.76, facing challenges as bears dominate. The coin has dropped 24% in the past week and 16% in the last month. However, it has also seen a significant rise of 47% over the past six months. If it breaks through the $3.12 resistance, it could surge over 40%. However, caution is advised due to low RSI and Stochastic values.

Shiba Inu (SHIB)

Shiba Inu is trading between $0.0000156 and $0.0000181, with bears seemingly in control. SHIB has declined nearly 10% in the past week and 10.9% over the past month. Despite these setbacks, it has experienced a 67.51% growth over the past six months. The nearest resistance is at $0.0000195, while support is at $0.0000145. If bulls regain strength, SHIB could reach the second resistance at $0.0000220.

Bonk (BONK)

Bonk is trading between $0.0000247 and $0.0000319, showing a downward trend with a 16.41% decline in the past week and 10.27% in the past month. However, it has surged over 100% in the last six months. While bears are currently in control, potential support at $0.0000214 may bring stability. Bulls could aim for resistance levels at $0.0000359 and $0.0000431, representing potential gains of up to 75%. The oversold RSI of 26.68 indicates potential for a rebound.

Husky Inu (HINU)

Husky Inu's presale is thriving, having raised over $250,000 in its second phase. This new memecoin aims to rival other giants by providing value and utility to its holders. Key factors for its success include limited token supply, deflationary mechanism, and early investment opportunities. Husky Inu plans to launch an Earn App and a Decentralized Exchange to enhance its ecosystem and reward its community.

Conclusion

The substantial profit made by a crypto whale on PEPE trading has highlighted memecoins with high potential for year-end gains. Coins like Catwifhat, Dogwifhat, Shiba Inu, Bonk, and Husky Inu exhibit unique characteristics and market behaviors, making them intriguing options for investors. Monitoring key indicators and market trends can help identify ideal entry points, potentially leading to significant returns. As the crypto market remains volatile, strategic investments in these memecoins could offer lucrative opportunities for savvy investors.

Disclaimer: This article is solely for informational purposes and should not be taken as legal, tax, investment, financial, or other advice.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.