Crypto

Crypto Watch: 3 Memecoins Set for a 200% Surge This September

1 week ago
Bitcoin Ethereum News
  • Pepe, DogWifHat, and Bonk are meme coins expected to rise significantly by the end of September 2024.
  • Pepe might increase by 227% to $0.00002417, DogWifHat could surge by 231% to $5.62, and Bonk may climb by 226% to $0.00005598.

Meme coins have carved out a distinct niche within the cryptocurrency market, combining internet culture with blockchain technology. As of September 2024, three meme coins, Pepe (PEPE), DogWifHat (WIF), and Bonk (BONK), are attracting attention for their potential to deliver significant gains. Market forecasts suggest these tokens may surge by up to 200% by the end of the month. 

Pepe (PEPE) Set for Major Price Rally

Pepe, a meme coin inspired by the popular green frog meme, has gained significant traction in the cryptocurrency market. Launched at a modest price, it has skyrocketed by over 13,000% since its introduction, reflecting strong community support and speculative interest.

Currently, the price of PEPE is $0.000007168, registering a 4% decline in the last 24 hours. CoinCodex has predicted that the value will surge tremendously, with a projected change of 227%. It could be $0.00002417 by the end of September. Although there are optimistic price forecasts, the overall sentiment in the market is still relatively conservative. Technical analysis suggests a bearish trend; the Fear & Greed Index stands at a low of 37, indicating fear. 

Famous cryptocurrency analyst Captain Faibik has predicted the future value of PEPE in the next few months. As noted by Faibik, the cryptocurrency trades within the symmetrical triangle, a bullish pattern in technical analysis that suggests the possibility of an upward move. He has estimated that PEPE can rise by as much as 300% by the end of the fourth quarter. 

DogWifHat (WIF) Gains Community Support

DogWifHat (WIF), a meme coin native to the Solana blockchain, is gaining much attention in the crypto space. At the time of writing this article, the price of WIF stands at $1.54, and since its launch, the token has gained a staggering 914%. This is mainly because it has adopted the community-based approach, which is on the rise. The ongoing rally was forecasted by TheoTrader, a prominent influencer on Twitter with nearly 100,000 followers. If his predictions prove accurate, WIF could potentially rise to $3 or even $4.

According to the data provided by CoinCodex, DogWifHat may experience a significant increase and reach a 227% growth by the end of September. This would take the coin to a new all-time high of $5.62 by the beginning of October.

As of the time of writing, the market sentiment for WIF is bearish, with the Fear and Greed Index currently at 35. The coin has been quite volatile recently, with 43% of the past month having witnessed positive price movements. 

Bonk (BONK) Targets New Price Milestone

Bonk (BONK), another meme coin associated with the Solana network, has also recorded astonishing growth after its launch. The token has surged a whopping 15,887%, making it one of the most popular meme coins in the market today. Currently trading at $0.00001663, there is a 24-hour decline of 5%. 

According to CoinCodex, BONK may rise by 226% by the end of September, potentially reaching a new high of $0.00005598.  However, the market trends show that it is bearish, as with other meme coins, even though the future seems bright. The Fear & Greed Index also displays a fear level of 37, and the coin’s volatility still stands at 7.93%.

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Source: https://www.crypto-news-flash.com/crypto-watch-3-memecoins-set-for-a-200-surge-this-september/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-watch-3-memecoins-set-for-a-200-surge-this-september