Shiba

FLOKI

Dogecoin

Shiba Inu

Trillion

The post <a href="https://coinpedia.org/price-analysis/meme-coins-price-analysis-will-shib-pepe-floki-doge-explode-this-week/" rel="noopener noreferrer nofollow">Meme Coins Price Analysis: WILL SHIB, PEPE, FLOKI, DOGE Explode This Week?&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With astounding returns in the last two weeks, the meme coin rally continues to break higher levels. As the growing volumes in the meme coins signal an upcoming altcoin season, the Bitcoin price is preparing for a new all-time high supporting the thesis.&nbsp;
As the altcoins market cap reaches the $1.113 Trillion milestone, the altcoins season is coming stronger than ever. Hence, with the potential for further hikes in the meme coins, let’s have a look at the top meme coins.
Shiba Inu (SHIB)
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="489" src="https://image.coinpedia.org/wp-content/uploads/2024/03/05142151/image-40-1024x489.png" alt="" class="wp-image-275414" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/05142151/image-40-1024x489.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142151/image-40-300x143.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142151/image-40-768x367.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142151/image-40-1536x733.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142151/image-40-150x72.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142151/image-40.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Source – <a href="https://www.tradingview.com/x/jnFrVMo8/" rel="noopener noreferrer nofollow">Tradingview</a>
Also known as the DOGE-Killer, Shiba Inu, the second biggest meme coin, is on a supersonic path to recovery. Amongst the top meme coins, the SHIB price is racing at a quick speed. With an almost 300% surge within ten days, the DOGE-Killer is heading for its all-time high.&nbsp;
Breaking above the 50% Fibonacci level in the weekly chart, Shiba Inu price signals a trend reversal. Further, the meme coin is heading to reclaim the psychological mark of $0.000050 shortly.&nbsp;
Currently, the SHIB price trades at $0.00003850 with an intraday growth of 7.13% signaling strong momentum. Considering the uptrend continues, the meme coin can create a new all-time high in 2024. However, a short pullback phase is possible in the coming weeks for a retest.&nbsp;
PEPE (PEPE)
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="488" src="https://image.coinpedia.org/wp-content/uploads/2024/03/05142155/image-41-1024x488.png" alt="" class="wp-image-275415" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/05142155/image-41-1024x488.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142155/image-41-300x143.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142155/image-41-768x366.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142155/image-41-1536x732.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142155/image-41-150x72.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142155/image-41.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Source- <a href="https://www.tradingview.com/x/CJMX8Eq1/" rel="noopener noreferrer nofollow">TradingView</a>
With the biggest and the quickest leap in the top meme coins, PEPE has showcased a 441% surge from last 26th February. Carving out two huge bullish engulfing candles in the weekly chart, the meme coin undermines the prevailing downtrend.&nbsp;
Surpassing the all-time high during the listing phase, the PEPE coin is trading at unforeseen levels. Further, the trading volumes are astronomical supporting the uptrend possibility for PEPE.&nbsp;
Currently, the PEPE price trades at $0.00000746 with an intraday growth of 6.40% and prolongs the bullish candles streak.
Dogecoin (DOGE)
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="488" src="https://image.coinpedia.org/wp-content/uploads/2024/03/05142200/image-42-1024x488.png" alt="" class="wp-image-275416" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/05142200/image-42-1024x488.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142200/image-42-300x143.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142200/image-42-768x366.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142200/image-42-1536x732.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142200/image-42-150x72.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142200/image-42.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Source – <a href="https://www.tradingview.com/x/gXZw1bPo/" rel="noopener noreferrer nofollow">TradingView</a>
As the biggest meme coin in the crypto industry, the DOGE price is waking up after years of downtrend. Despite the rally led by newcomers, the Dogecoin ranks at the top and is rising at a similar speed.&nbsp;
With a bull run of 115% in this buying frenzy, the meme coin is heading to surpass the 23.06% Fibonacci level and signal a trend reversal. Hence, a closing above $0.1780 in the weekly chart can signal a stronger bounce back in DOGE.&nbsp;
Currently, the DOGE price trades at $0.1809 with a long range Doji candle signaling a short breather phase coming. Hence, the week could find a pullback as the buyers might become exhausted. Nevertheless, an overall uptrend can lead the DOGE price higher to $0.31 at the 50% Fib level after the Bitcoin Halving.&nbsp;
FLOKI (FLOKI)
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="489" src="https://image.coinpedia.org/wp-content/uploads/2024/03/05142206/image-43-1024x489.png" alt="" class="wp-image-275417" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/05142206/image-43-1024x489.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142206/image-43-300x143.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142206/image-43-768x367.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142206/image-43-1536x733.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142206/image-43-150x72.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/05142206/image-43.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Source – <a href="https://www.tradingview.com/x/MTA2LBLT/" rel="noopener noreferrer nofollow">TradingView</a>
With the most dramatic and bullish charts in the meme coins, FLOKI price stands out as the top performer after PEPE. With an almost 300% jump last week, the remakrble bullsih engulfing candle changes the entire price dynamic.&nbsp;
Coming true to the udnerlying meaning of high volatitly in meme coins, the FLOKI price gives a bullsih breakout of an ascending triangle. This week, the FLOKI coin showcases a short pullback of 9.39% as the exhaustion in buyers kicks in. Creating a piercing candle, a retest is possible in the FLOKI prices.&nbsp;&nbsp;&nbsp;

Meme Coins Price Analysis: WILL SHIB, PEPE, FLOKI, DOGE Explode This Week?

CoinPedia News

Other articles published on Mar 5, 2024

Chainlink and Avalanche Navigate Market Volatility; Borroe Finance Poised for Breakthrough with U...

Cardano Holders & Bitcoin Dogs Show Resilience as BlockDAG Continues its Bullish Tide with Over $...

Astrafer (ASTRAFER) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Shiba Inu enters top 10 cryptos, whale activity skyrockets

Chainlink (LINK) & Tron (TRX) Investors Rush To Join New Crypto Presale Doge Uprising

Mox Bank Spearheads Cryptocurrency Integration in Hong Kong’s Financial Sector

Join our free newsletter for daily crypto updates!