Memecoins
Top 3 Memecoins to watch this weekend
The cryptocurrency market recovered slightly earlier this week, but is showing signs of consolidation. Bitcoin (BTC) is hovering just below $71,000, while the global market capitalization has seen no change in the last 24 hours and currently stands at $2.78 trillion.
Memecoins have been in the spotlight this year, with several hitting record highs. Let’s take a look at three memecoins you might want to watch this weekend.
Top 3 Meme Cryptocurrencies to Watch This Weekend
Floki (FLOKI):
FLOKI hit an all-time high yesterday, but has since faced a significant correction. The asset fell 5.6% on the daily charts, but rose 18.6% on the weekly chart, 37.1% on the 14-day chart and more than 75% from the previous month.
Read also: Top 3 cryptocurrencies under $0.10 that could rise in June 2024
According to CoinCodex, the dog-themed cryptocurrency will continue to strengthen in the coming weeks. The platform expects FLOKI to reach a new all-time high of $0.000352 on Sunday, June 9, 2024.
Furthermore, CoinCodex predicts that FLOKI will clear a zero and reach $0.001069 on July 4, 2024. Reaching $0.001069 from current levels would result in growth of nearly 242%.
Shiba Inu (SHIB):
SHIB is one of the most popular cryptocurrencies on the market. The asset is facing significant resistance around $0.000025. Although SHIB saw a good rally earlier this year, it is still down more than 70% from its all-time high of $0.00008616, reached in October 2021.
According to CoinCodex, SHIB may cross the $0.00003 mark very soon, reaching $0.00003107 on Sunday, June 9, 2024.
Furthermore, the platform predicts that the cryptocurrency will reach a new all-time high of $0.00008723 on July 3, 2024.
Pepper (PEPE):
PEPE is among the best performing cryptocurrencies of the last year. The asset reached an all-time high of $0.00001717 on May 17, 2024, but has since fallen by more than 14%.
Read also: Cryptocurrency: Pepe Coin Investor earns $5.3 million in just 6 months.
According to CoinCodex, PEPE will strengthen in the coming weeks. The platform expects PEPE to reach a new all-time high of $0.00001796 on Monday, June 10, 2024.