With Bitcoin reaching over $71,000 and the crypto market approaching $2.5 trillion, the surge in meme coins continues its momentum. Dogecoin remains at the forefront with a 14% increase in the past day, pushing the combined market cap of meme coins to $62.23 billion, with a $9.74 billion trading volume.
Given the 125% surge in the leading meme coin, the others are poised for substantial returns. Here are some top meme coin choices for potential growth in November:
Top Meme Coin Picks:
Dogecoin (DOGE)
Dogecoin's market cap has reached $24 billion, with its price rising 16.16% in the past 24 hours. Currently trading at $0.168, Dogecoin continues to lead the meme coin rally.
Tradingview
Dogecoin has surged significantly, surpassing the $0.15 level and the 61.80% Fibonacci level. The uptrend is approaching the 78.60% level at $0.1835 and the all-time high of $0.2289.
The golden crossover between the 50-day and 200-day EMAs supports the bullish momentum. If Dogecoin maintains its upward trajectory, it is likely to reach $0.3713 by the end of November.
Will DOGE's wedge breakout lead to a new all-time high? Discover more in Coinpedia's DOGE price prediction.
Dogwifhat (WIF)
With a market cap of $2.62 billion, WIF has risen 8.56% in the past 24 hours. Currently trading at $2.62, WIF is experiencing a bullish reversal from the 50-day EMA.
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Surpassing the 38.20% Fibonacci level at $2.52, WIF is expected to face resistance at the 50% level of $2.99. As the market recovers and the RSI line recovers from its midline, WIF is likely to continue its breakout rally next week.
The uptrend could reach the 78.60% Fibonacci level of $2.89. Driven by the market recovery, WIF has the potential to reach $4.50 and $6.60 based on the Fibonacci levels.
MOG Coin (MOG)
MOG's market cap currently stands at $746 million, having increased by 10.37% in the past 24 hours. It is trading at $0.000001912. With a bullish reversal from the 50-day EMA, MOG's uptrend is testing the 78.60% Fibonacci level at $0.0000020.
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MOG has formed a cup and handle pattern, with the neckline near $0.000003544. Using Fibonacci retracement, the price target for the breakout rally is $0.0000028 and $0.0000038.
Cat in a Dogs World (MEW)
MEW's market cap has reached $896 million, with a 6.2% increase in the past 24 hours. The CAT-themed meme coin is trading at $0.01009.
Tradingview
The daily chart shows MEW's ascending triangle breakout rally facing resistance near the 1.272 Fibonacci level at $0.01084. With an intraday gain of 3.48%, MEW has the potential to reach the next target at the 1.618 Fibonacci level of $0.01667.
However, the slight bearish divergence in the RSI line suggests a possible minor pullback before the uptrend continues.