The post Memecoins Are Gaining Strength: Top Memes to Consider Before the Upcoming Bull Run appeared first on Coinpedia Fintech News
The Bitcoin price continues to remain stuck within a range below the crucial resistance zone, which has offered strong momentum among the memecoins. While the Dogecoin price is struggling to reclaim $0.3, other memecoins have performed exceptionally well, attracting huge gains. Below mentioned are some of them that can be considered for the upcoming bull run.
AIC Companions (AIC)
AIC Companions combines features including AI, VR, AR, and blockchain technologies and creates personalized virtual companions. Its native token, AIC, maintained a consolidated trend for a long time and triggered a massive breakout before the end of January. As a result, the price has maintained a massive upswing since the start of the month, which is believed to persist until the end. After marking an ATH at around $0.56, the price faced a pullback of around 45% and rebounded. This signifies the end of a correction phase and as the price is trading close to its highs, a new ATH around $0.7 could be on the horizon.
Fartcoin (FARTCOIN)
After losing most of its gains, the FARTCOIN price has begun to recover, which has been witnessed during the recent rebound. The price is trying hard to surpass the resistance zone between $0.55 and $0.6 but the bears appear to have capitulated the zone. As a result, the price is experiencing some turbulence in surpassing these levels. However, once these levels are secured, the price is speculated to rise above $1.
Notcoin (NOT)
Notcoin has emerged from a viral Telegram game, which is a community-driven token offering a variety of real-world applications like peer-to-peer payments. The token gained immense attention and the price spiked beyond $0.025 soon after its inception. The price soon faced a massive pullback, which constantly dragged the levels lower. However, after marking the bottoms, the price is trying hard to rebound and initiate a strong recovery. The technicals have turned in favor of the bulls, which suggests the price is close to a massive breakout as RSI is stuck within the oversold range. Hence, a decent upswing could be fast approaching that may elevate the levels above $0.05.
SPX6900 (SPX)
SPX6900 is an advanced token that was created to replicate the traditional financial markets, SPX. After a minor consolidation until the end of 2024, the price triggered a massive upswing since the start of the year. The formation of a double-top pattern raised concerns over the next price action. But the latest rebound nullified its impact as the price is now primed for a ‘v-shaped’ recovery to secure levels above $1. The technicals are also in favor of the bulls, which validates the bullish claim.
Pepe (PEPE)
PEPE is one of the popular deflationary and a popular frog-based memecoin. It gained huge attention when it broke out of consolidation during Q1 2024. Meanwhile, the breakout that occurred in November enabled the token to mark a new ATH. With this, the bulls faced extreme exhaustion, causing a 70% correction. The recent rebound hints towards the end of consolidation and hence a strong recovery may begin. Hence a 50% upswing seems inevitable to reach $0.000015 shortly.