Rally

BOOK OF MEME

Bitcoin

FLOKI

Shiba Inu

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/memecoins-experience-significant-price-surges/" data-wpel-link="internal">Memecoins Experience Significant Price Surges</a> 
Bitcoin (BTC) remains stagnant below the $70,000 level, causing increased volatility in some altcoins. Especially memecoins are taking advantage of this fluctuation to reach upward trends and set all-time highs. Over the past seven days, memecoins like Pepe (PEPE) have achieved over 100% returns, making them one of the best-performing altcoins. Other memecoins like Floki (FLOKI), Bonk (BONK), and BOOK OF MEME (BOME) also performed well, while Dogecoin (DOGE) and Shiba Inu (SHIB) gained momentum. 
<h2 style="text-align: justify" id="strong-pepe-s-price-rally-targets-0-000022-strong">PEPE’s Price Rally Targets $0.000022</h2> 
PEPE made a significant bull run, reaching an all-time high with a rolling bottom formation on the daily chart. Despite a 4.26% rise recorded on May 27, it faced a 4.25% pullback during the day. This pullback indicates a potential correction in the coming days. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-356553" src="https://coin-turk.com/wp-content/uploads/2024/05/Altcoin-PEPE-1.png" alt="" width="1600" height="796"> 
Fibonacci retracement levels show PEPE is settled above the 1.618 level and is preparing for a retest. If the bulls make a successful comeback, PEPE could rise to $0.000021 or the 2.618 Fibonacci level. 
<h2 style="text-align: justify" id="strong-floki-price-trends-and-potential-volatility-strong">FLOKI Price Trends and Potential Volatility</h2> 
FLOKI reflected the sectoral uptrend led by PEPE, recording a 23.03% rise following the <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> of its listing on Coinbase for perpetual futures trading on May 30. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-356554" src="https://coin-turk.com/wp-content/uploads/2024/05/Altcoin-FLOKI-1.png" alt="" width="1600" height="796"> 
This situation indicates a potential price jump for FLOKI with upcoming surprise news, showing strength with a rolling bottom formation breakout targeting $0.00058 based on trend-based Fibonacci levels. 
<h2 style="text-align: justify" id="strong-bonk-s-rising-channel-breakout-expectations-strong">BONK’s Rising Channel Breakout Expectations</h2> 
BONK showed a high-momentum uptrend with a 72% rise over the last 14 days. The recent bull cycle within a rising channel completed a rolling bottom formation. Last night’s 15% jump indicated a potential breakout rally with a bullish engulfing candle. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-356555" src="https://coin-turk.com/wp-content/uploads/2024/05/Altcoin-BONK.png" alt="" width="1600" height="764"> 
A successful breakout could raise BONK‘s price to $0.00008321, corresponding to the 1.618 Fibonacci level this week. 
<h2 style="text-align: justify" id="strong-bome-s-triangle-formation-breakout-strong">BOME’s Triangle Formation Breakout</h2> 
BOME is steadily gaining momentum with a triangle formation breakout challenging the $0.014 level or the 61.80% Fibonacci level amid the sector-wide bull run. If the bull run continues, BOME‘s price could gain additional momentum to reach $0.023 based on Fibonacci projections. 
<img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-356556" src="https://coin-turk.com/wp-content/uploads/2024/05/Altcoin-BOME.png" alt="" width="1600" height="764"> 
With the broader market showing signs of a bullish trend, <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> are seen acting with Fear of Missing Out (FOMO). Memecoins have taken advantage of this sentiment, showing impressive performance in recent weeks. Breakout events and upward movements make memecoins a lucrative investment option in the current <a href="https://en.coin-turk.com/coinbase-plans-to-modernize-direct-deposit-system-with-blockchain-based-stablecoin-settlements/" data-wpel-link="internal">crypto market</a>. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/memecoins-experience-significant-price-surges/" data-wpel-link="internal">Memecoins Experience Significant Price Surges</a></h5>

Memecoins Experience Significant Price Surges

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