What’s Next For Top Memecoins As Bitcoin Price Hit $68K?

What's Next for Top Memecoins as Bitcoin Nears $68K?

As Bitcoin surges towards a new all-time high, memecoins have regained momentum, boosting their valuations. If you're considering investing in memecoins, here's an analysis of the latest market sentiments, price predictions, and potential targets for the top 5 by market cap:

Dogecoin (DOGE)

DOGE has gained 4.80% with a trading volume of $1.47 billion and a YTD return of 53.76%. The MACD histogram shows increasing buying pressure. If the bullish trend continues, DOGE may reach $0.18225. A reversal could lead to a drop to $0.1010.

Shiba Inu (SHIB)

SHIB has exhibited minimal price fluctuations over the past month, but has surged over 75% this year. The RSI and EMA suggest uncertainty in future price action. Holding above $0.0000170 will push SHIB towards $0.00003080. Bearish pressure could send SHIB to $0.00001175.

Pepe (PEPE)

PEPE has gained 28% in the past week and 7.64% in the past 30 days. With a 756% surge this year, it ranks 22nd with a $5.102 billion market cap. The MACD shows weak buying and selling pressure. If bulls gain momentum, PEPE may reach $0.00001718. Bearish pressure could lead to a drop to $0.00000880.

Dogwifhat (WIF)

WIF has surged 57.13% in the past seven days and 1,732.29% this year. It is the top memecoin on Solana with a $2.797 billion market cap. The RSI and SMA indicate a mixed sentiment. Bullish dominance could push WIF to $3.990, while bearish pressure could lead to a drop to $2.10.

Bonk (BONK)

BONK has gained 50.71% in the past 30 days and 131.96% this year. It ranks 5th in the memecoin category with a $2.132 billion market cap. The MACD shows strong bullish sentiment. If the market pushes BONK above $0.00003390, it may reach $0.000004150. Bearish pressure could lead to a drop to $0.0000270.