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Top Meme Coins That Will Continue Their Growth In March

Release: 2024/03/10 20:09 Reading: 816

Original author:TheBitTimes

Original source:https://coinmarketcap.com/community/articles/65ed9ade2eb07244906f9e64

Ethereum is projected to hit a landmark value of $10,000 during this market cycle according to analysts. This headlining event significantly influences fluctuations in crypto markets. Amidst these changes, particular meme coins are also anticipated to sustain their growth through March, underlining the universal dynamism and unpredictability of cryptocurrency trends.

BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto

BlastUP, the premier launchpad on Blast, has recently made a splash in the crypto world with its head-spinning outset, raising  over $1 million in a few weeks. This project is creating a buzz and attracting the growing number of early investors who have already recognized BlastUP's high potential.

BlastUP is poised to reach roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.

Currently, BlastUP is running its fourth presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.05, you get a hefty discount of $0.05, as the listing price is set at $0.1.

>> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale <<

Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.

The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.

>> Join BlastUP Presale NOW to Unlock Early Benefits <<

Dogecoin Price Projection Shows Potential Profits, Risks Remain

Dogecoin's current price stall at $0.18 just above the nearest resistance level at $0.14, a push past its second resistance level at $0.17 seems likely in the short term. The action recommended based on the MACD and the 10-day and 100-day SMAs is a buy. This could suggest potential profits for early buyers if the trend holds.

However, there's reason to be cautious as well. With the nearest support level sitting at $0.08 and the second support level even lower at $0.05, Dogecoin could also be subject to significant drops. The RSI and Stochastic action advice is neutral, which means both the risk of possible fall or rise of the price exist. This creates uncertainty for investors interested in the meme coin's long-term performance.

Dogwifhat Surpasses Resistance Levels, Indicates Potential Upside

Dogwifhat's current price of $2.07 surpasses both the nearest and second resistance levels at $1.1 and $1.37. This indicates a strong bullish trend in the short-term. Even though RSI suggests a sell, the MACD and Simple Moving Average for 10 days lean towards buying, indicating there might be potential upside opportunities.

On the other hand, the looming presence of the nearest support level at $0.37 adds a tone of caution. This suggests there could be a pullback. Meanwhile, with Stochastic RSI Fast acting neutral, it's difficult to predict the long-term trends. Overall, a wise approach would be to keep an eye on both opportunities and risks, as the price continues to fluctuate.

Shiba Inu's Potential for Short-Term Gains Amid Long-Term Challenges

Shiba Inu is currently brimming with potential, exhibiting a price of $0.000034 which easily surpasses both its second resistance level at $0.000018 and its nearest one at $0.000015. Exciting updates within the community might push the digital asset beyond its present standing. Add this to the 'Buy' actions suggested by Simple Moving Averages over 10 and 100 days, we may see SHIB's rates soaring in the near future, holding promises for short-term gains.

However, a cautious approach is merited due to underlying risks. Despite the optimistic current price, the nearest support level sits much lower at $0.00000931, and the second one at $0.00000605. This indicates a sizable dip is possible. In addition, the 'Sell' suggested action by RSI and Stochastic RSI's 'Neutral' recommendation may point to potential long-term challenges that could hinder the token's performance, tempering its overall trajectory.

Bonk's Positive Turn Amid Market Indicators and Potential Risks

Bonk's recent recognition as Memecoin of the Year could be perceived as a positive turning point in the long term. Its current price sits comfortably around $0.0000311, capitalizing on a buoyant market sentiment. The MACD and both 10 and 100-day simple moving averages suggest a buying action, hinting at the possibility of Bonk breaking its nearest resistance level of $0.0000286 and potentially, reaching the towering second resistance level of $0.0000351 in time.

However, awards aside, caution is advised for prospective investors. Drawing attention to the RSI and Stochastic RSI's neutral stance, the potential for price fluctuation cannot be ignored. Although the current price seems steady, the nearest and second support levels at $0.0000126 and $0.000003 respectively are stark reminders of possible price drops. In the short term, this could mean that Bonk might experience some turbulence before settling into a more definitive trend.

Conclusion

While Ethereum remains a key player, other promising meme coins are primarily acting as the catalyst in creating fluctuations in the crypto market. With Dogecoin, Dogwifhat, Shiba Inu, and Bonk all showcasing potential and risks, it's BlastUP that steals the spotlight with its concept and enormous potential. As a standout project in the thriving Blast ecosystem, it's already won over early investors aiming for long-term gains. Altogether, the crypto space remains a thrilling opportunity for investors to explore, with BlastUP potentially promising the highest rewards.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Source: https://thebittimes.com/top-meme-coins-that-will-continue-their-growth-in-march-tbt82134.html

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