The post Top Solana-based Meme Coins To Stack Before SOL Price Hits ATH? appeared first on Coinpedia Fintech News
Amid increased price action, the Solana price has successfully reclaimed the $155 mark with an intraday jump of ~5% and a trading volume of $2.919 billion. Following this, SOL-based tokens have displayed a similar action by breaking out of their important resistance levels.
With the rising adoption of the Solana ecosystem, investors are curious about the altcoin retesting its ATH of just over $260 during the upcoming altcoin market. In this article, we have covered the top 3 Solana-based meme coins that have the potential to go big post-Solana’s new ATH!
Dogwifhat (WIF)
With a jump of 22.81% over the past week, the Dogwifhat price has reclaimed the $2 mark. Moreover, with a YTD return of +1,350% and a market capitalization of $2.210 billion, this memecoin has secured the 44th position in the global crypto-list
The Moving Average Convergence Divergence (MACD)displays a constant rise in the green histogram. Further, its SMA indicator supports the price chart. This suggests a bullish outlook for the memecoin in the coming time.
Maintaining the price above its support level of $2.10 could set the stage for the WIF price to head toward its upper resistance level of $4 this Q4. However, a bearish reversal could pull the price toward its low of $1.240 in the coming time.
Curious about how far WIF price could project in the future? Read our Dogwifhat price prediction!
Cat in a Dogs world (MEW)
By defying all odds, the Cat in a Dogs World has secured a place in the memecoin-verse. With a return of 666.36% since its inception, this Cat-themed memecoin has gained significant attention from the crypto space over the past few weeks.
The Relative Strength Index (RSI) is on the verge of breaking out of its overbought range in the 1D time frame. Further, the SMA indicator records a bullish rise, this suggests that the MEW price may continue gaining value in the coming time.
If the market continues to favor the bulls, this could result in the Cat in a dogs world price heading toward its high of $0.008825. Conversely, if the bears regain momentum, this memecoin could retest its low of $0.004090.
BOOK OF MEME (BOME)
The BOME price has jumped ~8% within the past 24 hours with a trading volume of $189.74 million. Moreover, it has jumped 7.64% during the past month and has a Year-to-Date (YTD) return of +722.26%. Notably, with a market cap of $516.62 million, it has secured the 116th position.
The Simple Moving Average (SMA) has recorded a bullish crossover in the BOME price chart. Further, the MACD indicator records a constant green histogram. This indicates a positive outlook for the BOOK OF MEME price in the market.
Suppose, the bulls regain momentum, this could result in this Solana-based memecoin heading toward its upper resistance level of $0.0151. On the flip side, if the bears regain momentum, the BOME price may continue displaying a consolidated price trend.