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The crypto market is buzzing with new memecoins, and XYZVerse is gaining traction as the first all-sport memecoin, targeting remarkable growth and promising returns
The world of memecoins is buzzing with new contenders striving to replicate and surpass the astonishing trajectories of established names like Dogecoin and Shiba Inu. As the crypto market gears up for a potential bull run, investors are closely watching emerging tokens that could offer significant returns. Excitement is building around certain coins that combine innovative concepts with the viral appeal of memes, capturing the imagination of the crypto community.
One notable entry is XYZVerse, the first all-sport memecoin uniting fans across various sports. Merging athletic enthusiasm with meme culture, it aims for remarkable growth and aspires to outperform previous successes.
The all-sports meme token that is gaining traction
XYZ is an exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets
Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field and cash in the XYZVerse ecosystem is set to keep expanding. XYZ presale is a first-quarter chance to get in before the explosion
In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential thousand-fold returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE.
With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here.
Interested investors should grab their XYZ tokens and be part of the next massive crypto championship.
Dogwifhat
Dogwifhat (WIF) has experienced notable price movements recently. In the past week, its price dipped by over 14%, settling within a range of $2.45 to $2.97. Despite this short-term decline, the coin saw a significant surge of more than 36% over the past month. Looking at a broader timeline, WIF’s price has decreased by nearly 22% over the last six months.
Technical indicators present a mixed outlook for WIF. The Relative Strength Index (RSI) stands at 38.49, suggesting the coin is approaching oversold territory. The Stochastic indicator is at 22.77, reinforcing this perspective. Meanwhile, the Moving Average Convergence Divergence (MACD) level is negative at -0.0403, indicating bearish momentum. The 10-day Simple Moving Average is $2.43, slightly below the current price range, while the 100-day average is higher at $2.60.
Key resistance and support levels could play a crucial role in WIF’s price trajectory. The nearest resistance is at $3.23; breaking above this could lead to the next resistance at $3.76, representing potential gains of over 20%. On the downside, the nearest support is at $2.18, with a second support at $1.66. Falling to these levels might imply a decrease of more than 30%. These figures highlight the importance of monitoring WIF’s price closely in the coming days.
BOOK OF MEME
BOME has seen a mix of highs and lows recently. Over the past week, its price dropped by 12.89%. In contrast, the past month showed a gain of 30.39%. Looking back six months, the price decreased by 16.10%. Currently, BOME is trading between $0.0075 and $0.0112.
There is potential for growth based on these trends. The nearest resistance level is at $0.0131. If BOME surpasses this, the next target is $0.0167, which would be a significant increase. On the flip side, the nearest support level is $0.005814. A drop to the second support at $0.002181333 would mean a considerable decline.
Technical indicators offer more insight. The Simple Moving Averages for 10 and 100 days are $0.0088 and $0.0092, respectively. The Relative Strength Index (RSI) stands at 55.21, suggesting neutral momentum. The Stochastic indicator is at 62.31, indicating the coin is neither overbought nor oversold. The MACD level is slightly negative at -8.1538e-8, hinting at a potential for upward movement.
Shiba Inu
Shiba Inu (SHIB) has seen mixed price movements recently. Over the past week, the coin’s price dipped by 2.30%. However, in the last month, SHIB surged by 21.95%, showing significant growth. Despite this monthly gain, the coin is still down by 28.82% over the past six months.
Currently, SHIB is trading between $0.00001774 and $0.00001996. It is close to its 10-day Simple Moving Average of $0.00001816 but slightly below the 100-day SMA of $0.00001873. The Relative Strength Index (RSI) stands at 47.88, indicating neutral market momentum. The nearest resistance level is at $0.00002087, while the closest support is at $0.00001643.
If SHIB breaks above the resistance at $0.00002087, it could target the next resistance at $0.00002309, representing a potential increase of about 10%. On the other hand, if the price falls below the support at $0.00001643, it might drop to the second support at $0.00001421, which would be a decrease of approximately 13%. These levels are crucial for traders watching SHIB’s potential movements.
Dogecoin
Dogecoin (DOGE) has been on the move. In the past week, its price went up by nearly 20%. Over the last month, it climbed by about 27%. However, when looking at the past six months, it has dipped by around 7%. Currently, DOGE trades between $0.12 and $0.16.
The coin’s recent surge suggests growing interest. If the price keeps rising, it might reach the next resistance level at $0.17. This would be an increase of roughly 6% from the current high end of the range. If momentum continues, DOGE could aim for the second resistance at $0.21, which is about a 31% rise from $0.16.
On the other hand, if the price falls, it may find support at $0.09. This would be a decline of about 25% from $0.12. The moving averages over 10 and 100 days are both at $0.14, showing stability. The indicators suggest that DOGE could either continue its upward movement or retrace to support levels. With the recent positive changes, there’s potential for further growth.
Conclusion
While WIF, BOME, SHIB, and DOGE have potential, XYZVerse stands out as the first all-sport memecoin, uniting sports fans and aiming for 20,000% growth in this bull run.
To learn more information about XYZ, visit the official website, and its Telegram, and X.
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Source: https://crypto.news/xyzverse-readies-to-surpasses-doge-and-shib-in-the-bull-run/