Rally

Bitcoin

Dogecoin

Shiba Inu

Gains

Crypto Price Prediction: The cryptocurrency market has witnessed a fresh relief rally since last week following the completion of Bitcoin Halving. The renewed demand pressure signaled a local bottom formation for BTC at $60000, propelling its price to $67000.&nbsp;
Moreover, Santiment reports that <a href="https://coingape.com/bitcoin-price-chart-flashes-sell-signal-analyst-warns-dip-below-65-5k/" rel="noopener noreferrer nofollow">Bitcoin</a> whales holding 1,000 to 10,000 BTC have bolstered their positions, accumulating an additional 266,000 BTC since early 2024. This uptick constitutes a significant 1.24% of the total Bitcoin supply. Amidst an emerging sentiment of FOMO within the crypto community, these whales now control 25.16% of all circulating Bitcoin, strengthening the potential of higher rally.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f433.png" alt="🐳" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a>'s key whale tier holding 1K-10K <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> are supporting this rise, and have now accumulated 266K more <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> since the start of 2024. This translates to an accumulation of 1.24% of the entire supply. The crowd is also showing a high degree of <a href="https://twitter.com/hashtag/FOMO?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#FOMO</a>. <a href="https://t.co/fNSTOERzXo" rel="noopener noreferrer nofollow">https://t.co/fNSTOERzXo</a> <a href="https://t.co/qaJmQJfFca" rel="noopener noreferrer nofollow">pic.twitter.com/qaJmQJfFca</a>
 — Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1782954556013547562?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 24, 2024</a>
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As per recent data, the <a href="https://coingape.com/trending/3-meme-coins-that-can-make-you-millionaire/" rel="noopener noreferrer nofollow">Meme coin</a> sector is leading the post-halving with assets such as Bonk, Dogwifhat(WIF), Floki, and Pepe coin (PEPE) registering double-digit growth today.&nbsp;
Also Read: <a href="https://coingape.com/crypto-prices-today-april-24-bitcoin-at-67k-ethereum-gains-wif-bonk-skyrocket/" rel="noopener noreferrer nofollow">Crypto Prices Today April 24: Bitcoin At 67K, ETH Gains, Hedera &amp; Bonk Skyrocket</a>
<h2 id="b-1-dogecoin-doge-b">1) Dogecoin (DOGE)</h2>
<figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://s3.tradingview.com/snapshots/d/Dyx0wesp.png" alt="BINANCE:DOGEUSDT Chart " width="1946" height="893">
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 Dogecoin (DOGE)| Tradingview
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<a href="https://coingape.com/markets/historical-patterns-hints-dogecoin-price-target-1-in-weeks/" rel="noopener noreferrer nofollow">Dogecoin</a> (DOGE) began as a meme but has grown into a notable cryptocurrency with a strong community. Initially created in 2013 as a playful alternative to Bitcoin, Dogecoin features the Shiba Inu dog from the “Doge” meme as its mascot.
For nearly two months, the <a href="https://coingape.com/price-predictions/dogecoin-doge-price-prediction/" rel="noopener noreferrer nofollow">DOGE price</a> has led a sideways action resonating within two converging trendlines in a daily chart. The memecoin currently trades at $0.161, showcasing no clear dominance from buyers or sellers with the neutral candle.
The current market cap of Dogecoin stands at $23.26 Billion, while trading volume since yesterday’s gain surged to $1.234.
A potential upside breakout from this triangle will signal the continuation of the recovery trend, bolstering the DOGE price to target the $0.206 barrier, followed by $0.22.
Also Read: <a href="https://coingape.com/sponsored/explosive-raffle-coin-soars-in-presale-stage-1-as-dogecoin-millionaire-stakes-big-whilst-shiba-inu-soars-once-more/" rel="noopener noreferrer nofollow">Explosive Raffle Coin Soars in Presale Stage 1, As Dogecoin Millionaire Stakes Big, Whilst Shiba Inu Soars Once More</a>
<h2 id="b-2-dogwifhat-wif-b">2) Dogwifhat (WIF)</h2>
<figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://s3.tradingview.com/snapshots/o/OemcT1Xv.png" alt="BINANCE:WIFUSDT Chart " width="1946" height="893">
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 Dogwifhat (WIF)| Tradingview
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<a href="https://coingape.com/sponsored/dogwifhat-and-aptos-affected-by-the-bearish-wave-new-dex-launches-presale-set-to-take-defi-by-storm/" rel="noopener noreferrer nofollow">Dogwifhat</a> (WIF) stands as a meme cryptocurrency built on the Solana blockchain, portraying a charming Shiba Inu donning a delightful pink-knitted hat. With a market cap of $3.46 Billion, this asset holds its position among the top 40 largest cryptocurrencies.&nbsp;
The last correction trend in WIF price bottomed at the $2 psychological level amid Bitcoin Halving. The positive turnaround has surged the coin value 82.75%, restoring over 50% of its value evaporated in the last downturn.
With an intraday jump of 17%, the <a href="https://coingape.com/dogwifhat-wif-price-skyrockets-over-20-heres-why/" rel="noopener noreferrer nofollow">WIF price</a> gave a decisive breakout from the downsloping trendline to currently trade at $3.52. If the breakout sustains, the memecoin buyers may drive a rally to $4.3, followed by $4.85.
<h2 id="b-3-b-b-bonk-b">3) BONK</h2>
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 BONK| Tradingview
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<a href="https://coingape.com/what-is-behind-25-bonk-price-rally-key-levels-to-watch/" rel="noopener noreferrer nofollow">BONK</a>, the Solana-based meme cryptocurrency has been witnessing aggressive inflow since last week following a reversal from $0.0000132 support. This upswing has propelled the memecoin price to $0.0000276, registering a growth of 114%.
This recent surge in the <a href="https://coingape.com/blog/bonk-price-prediction/" rel="noopener noreferrer nofollow">BONK price</a> is likely accelerated through its listing on global neobank Revolut’s trading platform. This development increases BONK’s visibility and accessibility to a wider audience of potential investors, driving up demand.
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 <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONK</a> is now available on <a href="https://twitter.com/RevolutApp?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@revolutapp</a><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2757.png" alt="❗" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2757.png" alt="❗" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2757.png" alt="❗" class="wp-smiley" style="height: 1em; max-height: 1em;">
 Users in the EU and other eligible countries can now trade in app, along with a Learn and Earn program starting on April 29th<a href="https://twitter.com/hashtag/LetsBONK?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#LetsBONK</a><a href="https://t.co/ytW9rJu8a3" rel="noopener noreferrer nofollow">https://t.co/ytW9rJu8a3</a>
 — Bonk! (@bonk_inu) <a href="https://twitter.com/bonk_inu/status/1782561144885977187?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 23, 2024</a>
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As per coinmarketcap, the BONK currently holds a market cap of $1.08 Billion, while the 24-hour trading is recorded at $703.2 Million.
If the bullish momentum persists, the BONK price could breach the overhead resistance of $0.00003, favoring buyers to lead a higher recovery to $0.000036 and $0.0000428.
Also Read: <a href="https://coingape.com/sponsored/bdags-0-001-price-surge-surpasses-eth-bull-run-bonk-price/" rel="noopener noreferrer nofollow">BDAG’s $0.001 Price Surge Surpasses ETH Bull Run &amp; BONK Price</a>
<h3 id="span-style-font-weight-400-key-takeaway-span">Key Takeaway</h3>
The anticipation of post-halving is still high among market participants as leading cryptocurrencies, Bitcoin and Ethereum witnessed active accumulation from whales. The meme coin sector is outperforming in the new relief rally last Friday projecting their capability of leading high momentum rally amid positive development in the broader market.
The post <a href="https://coingape.com/markets/crypto-price-prediction-4-24-memecoins-lead-double-digital-gain/" rel="noopener noreferrer nofollow">Crypto Price Prediction 4/24: Meme Coins Lead Market Rally With Double-Digital Gains</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Crypto Price Prediction 4/24: Meme Coins Lead Market Rally With Double-Digital Gains

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