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Reading: Solana Meme Coins Poised For a 2X Rally? Top Tokens To Watch!
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EdaFace Newsfeed > Latest News > Price Analysis > Solana Meme Coins Poised For a 2X Rally? Top Tokens To Watch!
Price Analysis

Solana Meme Coins Poised For a 2X Rally? Top Tokens To Watch!

vitalclick
Last updated: October 5, 2024 9:10 am
6 months ago
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Contents
POPCAT Price Records A New All-time High!Cat in a dogs world (MEW) Price ActionWIF Price Successfully Retests Its Important Support

The Solana chain has experienced a strong bullish recovery over the past few days. Moreover, some projects have recorded a three-digit surge over the past month. This indicates a resurfacing of investor’s interest in this blockchain.

Moreover, with a bullish rebound in the Solana ecosystem, investors are speculating about a Solana price run like Q1 during the upcoming weeks. In this article, we have covered the top 3 Solana-based meme coins that have the potential to go big this Q4!

POPCAT Price Records A New All-time High!

With a jump of ~22% in the past 24 hours, the Popcat memecoin has successfully recorded a new ATH. Notably, it has surged 110.45% during the past month. With a market capitalization of $1.203 billion, it has secured the 61st position in the market.

TradingView: POPCAT/USDT

The Relative Strength Index (RSI) has sharply risen in its chart. This has resulted in it surpassing the over-bought range in the 1D time frame. Further, with its average trendline hovering close to the upper range, the POPCAT price may continue gaining value in the coming time.

If the bulls maintain the Popcat (SOL) price above its support level of $1.250, it will continue gaining value and prepare to test its next target price of $1.50 in the coming time. However, a bearish reversal could pull the memecoin toward its low of $1.

Wondering what could be the next price peak for Popcat? Our Popcat (SOL) Price Prediction answers that and much more!

Cat in a dogs world (MEW) Price Action

Despite recording a correction of ~7% over the past week, the MEW price has surged 558.36% since inception. Notably, it has soared 12.03% in the past 24 hours with a trading volume of $74.90 million, a change of 58.63%.

Cat in a dogs world Price Analysis 05th October 2024
TradingView: MEW/USDT

The Moving Average Convergence Divergence (MACD) shows a constant decline in the red histogram with its averages recording a high possibility of a bullish convergence. This suggests an increase in the buying-over-selling pressure for the MEW price in the market.

If the market continues to trade under a bullish sentiment, the Cat in a Dogs World meme coin’s price will prepare to retest its resistance level of $0.006395 in the coming time. Conversely, if the bears regain momentum, the MEW memecoin could retest its low of $0.004090.

WIF Price Successfully Retests Its Important Support

Amid increased volatility, the Dogwifgat price has recorded a successful retest at its important support level of $2.10 with a jump of 10.98% and a trading volume of $617.28 million. Moreover, with a surge of ~1,500%, the WIF price is one of the most successful projects of this year.

WIF Price Analysis 05th October 2024
TradingView: WIF/USDT

The Simple Moving Average (SMA) has recorded a sharp rise toward the overbought range with its average trendline on the verge of experiencing a positive crossover. This highlights a bullish outlook for the Dogwifhat price during the upcoming week.

Maintaining the price above its support level of $2.10 could set the stage for this SOL-based memecoin to head toward its resistance level of $3.050 this month. On the flip side, if the bears overpowered the bulls, in that case, the WIF coin price could plunge toward its low of $1.240.

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