Top Memecoins Tokens To Stack In This Crypto Market Correction!

Top Memecoins to Watch in the Ongoing Market Correction

The cryptocurrency market has experienced a bearish trend over the past two days, with many top tokens losing their recent gains. However, memecoins have also undergone significant corrections.

Mog Coin (MOG):

Despite a recent 20% drop, MOG has gained 4.14% over the past week and 11.02% in the past month. Its YTD return is approximately 3,100%.

Technical Analysis:

• MACD indicates increasing selling pressure.
• SMA shows a potential negative crossover.
• Resistance: $0.000002130
• Support: $0.000001950

Dogwifhat (WIF):

WIF has gained 1.37% over the past week but has lost 10.28% in the past day and 35.16% in the past month. However, it has a YTD return of 1,096.96%.

Technical Analysis:

• SMA suggests potential bearish convergence.
• RSI indicates a negative trend.
• Resistance: $3.990
• Support: $1.240

Bonk (BONK):

BONK has corrected by 4.85% in the past day but has gained 9.42% in the past week and 67.30% in the past year.

Technical Analysis:

• MACD shows increasing buying pressure.
• SMA provides support.
• Resistance: $0.0000270
• Support: $0.0000150

Pepe (PEPE):

PEPE has lost 6.01% in the past day and 13.29% in the past week, but still shows a long-term positive influence with a 737.27% YTD gain.

Technical Analysis:

• MACD shows a neutral trend.
• Resistance: $0.00001410
• Support: $0.00000880

WHY (WHY):

Built on the BNB Smart Chain, WHY is a meme-based cryptocurrency that has gained attention recently.

Market Position:

• Trading price: $0.0000001153
• Circulating supply: 420 Trillion
• Market cap: $48.42 Million
• Ranking: 545th
• YTD gain: 437.87%

Disclaimer: This article provides market analysis and should not be construed as financial advice.