Top 3 Meme Coins to Buy with More Buzz than Bitcoin this Weekend

Meme Coins to Buy: Recent Market Correction Analysis

Amidst a notable market downturn, the crypto market experienced a significant decline. With major altcoins facing renewed resistance, the overall sentiment suggests a prolonged period of consolidation.

Meme Coin Sector Performance

According to renowned trader Alicharts, the meme coin sector witnessed the most substantial losses during the market correction. Top assets like DOGE, SHIB, and PEPE declined by 8.43%, 6.71%, and 11.35%, respectively. Despite this widespread downturn, one meme coin stood out: $TRUMP, which registered a positive price change of 2.54%.

Dogecoin (DOGE)

DOGE, a popular meme coin, has undergone a steady correction trend. The price plunged from $0.228 to $0.1449, losing 36%. Currently, DOGE holds a market cap of $21.08 billion, with a 24-hour trading volume of $799 million.

If supply pressure persists, DOGE could drop to a monthly support level of $0.122. However, a breakout above the overhead resistance could indicate a potential rally towards $0.228.

Pepe Coin (PEPE)

PEPE, inspired by the internet meme Pepe the Frog, reached a high of $0.00001725 before dropping to $0.0000123, a loss of 28%. Its market cap is $5.2 billion, with a trading volume of $1.31 billion.

A recent whale purchase of 231.6 billion PEPE tokens worth $2.9 million has raised optimism for the coin's future growth.

MAGA (TRUMP)

Inspired by the "Make America Great Again" slogan, TRUMP has experienced a steady rally since April. Its price surged from $3.54 to a high of $17.75, a 400% increase.

The formation of higher lows in the daily chart suggests a continuation of the uptrend.