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Meme Coin Weekly Watch: NEIRO is New Megastar, Others Stand Modestly on the Sidelines
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Meme Coin Weekly Watch: NEIRO is New Megastar, Others Stand Modestly on the Sidelines

Oct, 13 2024 9:07
#Meme Coin Weekly Watch
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This week was dominated by big gains from NEIRO, WIF, and Popcat, with Dogecoin and Shiba Inu maintaining their positions as solid leaders in the meme coin space. Overall, the meme coin market remains lively, with continued price surges and growing communities.

Dogecoin (DOGE)

Price change: Dogecoin saw a modest rise of 2.35% this week, sitting at approximately $0.1118.

News: While the price movement was relatively stable, DOGE remains a market leader with a market cap of $16.3 billion. Investor interest remains steady, though Dogecoin hasn’t experienced any major market shifts recently.

Forecast: Analysts expect DOGE to remain stable, but with Bitcoin nearing its all-time high again, further gains could materialize in line with broader crypto market trends.

Shiba Inu (SHIB)

Price change: Shiba Inu saw a 2.68% rise this week, currently valued at $0.00001782.

News: SHIB continues to ride the wave of its strong community backing, with recent surges attributed to increased interest in its Web3 applications and DeFi ecosystem.

Forecast: SHIB is expected to continue its growth, particularly as its use cases in decentralized finance gain traction. It remains a solid meme coin contender.

Pepe (PEPE)

Price change: PEPE enjoyed a 6.26% surge this week, bringing its price to $0.0593.

News: PEPE remains a favorite among investors, especially after a year of exponential gains. It has become one of the most profitable altcoins in the meme coin space.

Forecast: PEPE’s near-term outlook looks bullish, with some analysts predicting further growth in the coming weeks as investor sentiment remains positive.

Dogwifhat (WIF)

Price change: Dogwifhat surged 27.15%, currently priced at $2.84.

News: WIF has gained significant traction due to its viral nature and strong backing from influential figures. It’s becoming a notable player in the meme coin market.

Forecast: With WIF’s viral popularity, it could see more growth. Analysts see potential for continued upward movement, especially given its current momentum.

Bonk (BONK)

Price change: Bonk saw a 6% rise, now priced at $0.00002162.

News: BONK remains a community-driven meme coin with a strong Solana backing, maintaining steady growth amid broader market movements.

Forecast: Bonk could benefit from Solana’s growing ecosystem, but it faces competition from other meme coins like PEPE and WIF.

Popcat (POPCAT)

Price change: Popcat shot up by 20%, reaching $1.27.

News: Popcat’s significant rise this week makes it the leading cat-themed meme coin, with a strong community that keeps driving its price upward.

Forecast: With its unique branding and growing popularity, Popcat might continue its rapid rise, though it faces the challenge of sustaining such high momentum.

Floki (FLOKI)

Price change: Floki rose 4.2% to $0.0001384.

News: FLOKI has been gaining popularity, largely due to its strong community presence and developments in the NFT and gaming sectors.

Forecast: Floki may continue to see gradual increases as it competes with bigger meme coins like DOGE and SHIB, especially if its ecosystem expands.

Brett (BRETT)

Price change: Brett recorded a 18.4% increase, now valued at $0.09617.

News: Brett has become a solid performer among meme coins, driven by increased community engagement and market speculation.

Forecast: Brett’s momentum could push it higher, especially if it can sustain investor interest amid broader meme coin market growth .

First Neiro on Ethereum (NEIRO)

Price change: NEIRO skyrocketed by 105%, hitting $0.00199.

News: First Neiro on Ethereum has experienced explosive growth over the past month, with a 3519% surge, making it one of the most profitable meme coins.

Forecast: NEIRO’s massive gains could attract further investment, but volatility remains high, and a correction may occur soon.

Mog Coin (MOG)

Price change: MOG saw a 32% increase, reaching $0.0519.

News: Mog Coin continues to attract steady attention in the meme coin sector, though it hasn’t experienced the dramatic surges of its peers like NEIRO.

Forecast: MOG’s steady performance suggests continued slow growth, but it will need more excitement or developments to break out.

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