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Meme coins are starring a strong return, taking advantage of Bitcoin’s recent rebound beyond the USD 105,000.
Bitcoin briefly crossed the USD 105K early Monday, promoting the upward feeling throughout the cryptocurrency market and causing strong price peaks in several low capitalization tokens.
Among the main winners is Pippin (Pippin), which rose more than 80% in the last 24 hours, while Moo Deng (Moodeng) and Dogwifhat (WIF) also recorded two -digit profits.
The sudden capital tickets and the results of the ruptures suggest a renewed appetite of investors for speculative meme assets, some of which are already testing maximums of several months.
The Pippin price rises 85.16% as the volume of operations increases
Run in November 2024, Pippin has a total and maximum supply of 999.94 million tokens and a fully diluted assessment (FDV) of 47.2 million dollars.
The Token experienced a dramatic increase of 85.16% in the last 24 hours, which positioned it as one of the meme coins with better market performance.
Despite being a small capitalization project, Pippin attracted a great interest of both retail and institutional traders.
According to on-chain data from Nansenmore than USD 1.9 million in Pippin moved to centralized exchanges during the same 24 -hour period. This influx suggests a mixture of enthusiasm for the purchase and taking of early gains.
The current price of the Token is consolidating near USD 0.047, just below a resistance level of USD 0.052.
Analysts that observe the packages of 3.13%packages, which tracks how concentrated tokens owns, indicated that the wide distribution of Pippin tokens indicates healthier property patterns compared to other meme coins.
Fountain: Coinmarketcap
If the bullish impulse is maintained, the price could point to USD 0.064. However, an excessive sale could drag it to the USD 0.035.
Moo Deng wins 12.71% and approaches the resistance of USD 0.24
Moo Deng (Moodeng), launched in September 2024 with a total supply of 989.97 million tokens, has registered a price increase of 12.71% in the last 24 hours.
The totally diluted valuation of the currency is currently at 238.59 million dollars. At the time of writing this report, Moodeng trades at 0.24 dollars, reflecting intense bullish pressure.
Fountain: Coinmarketcap
Market observers expect the currency to try a break above the 0.35 dollar brand, which could pave the way for a race towards 0.50 dollars.
These predictions are based on a significant increase in the volume of operations and a growing demand, and some investors see Moodeng as a candidate under the radar to make short -term profits.
However, the Token also runs the risk of a correction after reaching a maximum of four months.
In the event that sellers dominate, Moodeng can fall below USD 0.24, with more deep support levels seen in USD 0.18 and USD 0.12. A rupture of these levels would suggest a weakening of the impulse and could annul the short -term bullish structure of the currency.
Dogwifhat rises 33.19%
Dogwifhat (WIF) is one of the most established meme coins on this list.
It has a total and maximum supply of 998.92 million tokens and a FDV of $ 1.17 billion.
The price of Wif rose 33.19% in the last 24 hours to reach USD 1.17, with a largely linked impulse to Bitcoin’s ongoing rebound.
Fountain: Coinmarketcap
Traders point to a resistance in $ 1.24. A clean rupture above this level could trigger a movement towards USD 1.52, especially if the feeling in Bitcoin and meme assets in general remains bullish.
But like his peers, Wif faces downward risks.
If the sellers take control, the price could fall below $ 1.04 and test the support by $ 0.85.
This would undermine the current bullish impulse and reflect the growing caution among traders.
The next 48 hours could be key to determining whether Wif maintains its rebound or succumbs to market fatigue.
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