Meme coins are altcoins that started out as a way to have fun but have grown to be useful in the crypto industry. Shiba Inu followed in the footsteps of Dogecoin, the first meme coin in the world.
These tokens may be tomfoolery and all, however, with the prevalence of image coins soaring, financial backers could track down both euphoria and gains! Any investor’s portfolio should glow green if they invest in these five most popular meme coins.
The five meme coins listed below have the potential to surge unexpectedly in the coming days.
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Top 5 Meme coins that are rising High
QUACK
The little-known Rich Quack meme coin, a cryptocurrency with a duck theme and a supportive community, is one of the Shiba Inu-themed meme coins. Phoenix Group says that Rich Quack is one of the most social meme coins in the space, only slightly behind Shiba Inu.
Coingecko’s data show that the token is green across all time frames, with gains of 11 percent at the biweekly level. As the bulls attempt to consolidate above its current support at $1.6731, we might see a larger price movement at the token’s current price.
FLOKI
One of the most well-liked Shiba inu-themed tokens on the market is the Floki Inu. Due to Floki’s recent listings on a number of major exchanges, including OKX, KuCoin, and Binance, the company now has a market capitalization of nearly $500 million. Numerous investors noticed this, which increased the token’s trading volume to nearly $200 million on the day of the listing.
Even though FLOKI’s price has been falling ever since it reached its all-time high of $0.00006793, the token’s value continues to rise over time. If anyone wants to join FLOKI, they should help the bulls maintain their support at $0.00003774, which would allow the token to reach higher highs.
TSUKA
Dejitaru Tsuka, a lesser-known coin, is currently ranked 270 on CoinGecko’s list of cryptocurrencies, indicating growth over the medium to long term. The Japanese lore-themed token has few updates on its official Twitter page, making it very mysterious. However, the token recently reached 10,000 holders, demonstrating the TSUKA community’s dedication to the cryptocurrency project.
If momentum permits, the bulls may have enough room at $0.11756 support to launch an explosive upward movement. However, in order for bulls to move freely, they must overcome resistance at $0.15815 in the medium to long term.
BABYDOGE
Baby DogeCoin (BABYDOGE), a Shiba Inu-themed token, is a self-described deflationary token that is currently one of the market’s most socially active tokens. BABYDOGE has a market capitalization of more than $500 million and provides investors with a supportive community that is currently advocating for the token’s listing on Binance.
The bulls are strengthening the token’s support at $3.012, which, if it holds, will serve as the launch pad for BABYDOGE’s future price movement in a positive direction. Investors should keep an eye on the token’s current support because it is very important to the token.
DOGE
Dogecoin (DOGE), the “grandfather” of all meme coins, has the potential to rise even higher. DOGE is up nearly 8% in the past week as of this writing.
With support at $0.08585, DOGE is currently trading at $0.0882. In the medium to long term, a significant bullish movement could be sparked by the token’s narrow trading range. This indicates a fierce battle between a bull and a bear, and it will soon be known who prevailed.
