As the crypto market is scaling new heights daily, with Bitcoin crossing over the $64,000 mark, the meme coin segment is gaining momentum. With the meme coin market cap approaching $45 billion, the top and the trending meme coins are gaining momentum.
Among the top performers, DogWifHat, PopCat, and Brett are the top coins to watch out this week. As giving a break with the massive overnight surge, these are the tokens ready with the potential for a 5X gain.
Trending New Meme Coins To Watch:
Popcat (POPCAT)
Being a cat-themed coin based on Solana, the rising popularity of POPCAT makes it a must-buy new meme coin. With a triangle breakout in the daily chart, the PopCat breakout rally continues a higher-high formation. Completing a rounding-bottom reversal with a neckline at $0.97, the recovery rally in PopCat forms a new all-time high at $1.07.
It currently dominates the $1.01 psychological mark and trades at $1.02. Furthermore, PopCat’s market cap has reached the billion-dollar mark. It has increased by 12.06 percent in the past 24 hours and 43.92 percent in the last seven days.
Based on the Fibonacci levels, the 1.618 level puts the $2 mark as a potential price target.
Dogwifhat (WIF)
Launched in late 2023, Dogwifhat is a must-buy new meme coin in 2024. The WIF meme coin is trading near the $2 psychological mark and has a market cap of $2 billion. It has increased by 13.40% in the past 24 hours, with a 29% surge in the last seven days.
In the daily chart, the recovery run in this meme coin surpasses the long-coming resistance trendline, giving a falling wedge breakout. Furthermore, the breakout rally is now challenging the 23.60% Fibonacci level at $2.04.
With the increase in momentum and a potential golden crossover coming soon, the meme coin is likely to head higher. The potential targets for the meme coin in the coming days are at 50% Fibonacci level at $2.91 and 78.60% Fibonacci level at $3.86.
Wondering if the WIF token price can hit $10? Read our Dogwifhat (WIF) Price Prediction 2024-2030 to unravel the mystery.
Brett (BRETT)
As a rising star of the BASE ecosystem, BRETT is a must-buy new meme coin with a potential breakout run ahead. Currently, it is trading at $0.086 and has increased by 7.78 percent in the past 24 hours. With a market cap of $859 million, the last seven days record a 15 percent rally in the BRETT token.
In the daily chart, the BRETT token shows a bullish reversal within a falling-channel pattern and is ready to challenge the overhead trendline. Currently, it is passing the 50-day EMA, and ready to give a bullish breakout.
Based on the Fibonacci levels, a surge above the 23.60 percent level at $0.093 is likely to hit $0.15 at 78.60 percent. Optimistically, the Fibonacci levels paint a target at $0.25 with a 1.618 percent level.
