2024

Memecoin

FLOKI

<p>The post <a href="https://coinpedia.org/news/memecoin-mania-pepe-and-floki-price-predicted-to-hit-new-highs/">Crypto Expert Reveals Top 2 Memecoins Set to Hit New Highs Soon</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The crypto market of 2024 is on a tear, clawing its way back from a slump and setting the stage for potential explosions. This year is shaping up to be a wild ride, especially for Ethereum (ETH) and memecoins, which are grabbing headlines after the long-awaited greenlight for ETH ETFs. </p> 
<p>But what exactly is driving this surge, and are these memecoins the next big thing? Dive deeper to find out!</p> 
<h2 class="wp-block-heading" id="h-etf-approval-sparks-market-rally"><strong><strong>ETF Approval Sparks Market Rally</strong></strong></h2> 
<p>The recent green light from the Securities and Exchange Commission (SEC) for eight spot Ether exchange-traded funds has ignited a frenzy in the market. Noteworthy names like BlackRock, Grayscale, and Fidelity are among the entities filing for these ETFs, signaling a strong vote of confidence in the Ethereum ecosystem. While buyers of Ethereum are grappling to push its price beyond $3,950, the meme coin segment is witnessing a surge in activity.</p> 
<h2 class="wp-block-heading" id="h-meme-coin-craze-takes-off"><strong>Meme Coin Craze Takes Off</strong></h2> 
<p>Interestingly, while Ethereum’s price movement remains somewhat restrained, the meme coin market is ablaze with excitement. Coins like Pepe (PEPE), Floki Inu (FLOKI), and Turbo (TURBO) have fueled a remarkable 4% surge in the meme coin market over the past 24 hours alone. </p> 
<p>The collective market cap of meme coins has now skyrocketed to $66 billion, with a daily trading volume approaching $9 billion.</p> 
<h2 class="wp-block-heading" id="h-expert-insights-on-top-picks"><strong>Expert Insights on Top Picks</strong></h2> 
<p>Renowned analyst Bluntz has singled out two memecoins poised for success in 2024. His insights, shared on X, shed light on the potential of Pepe (PEPE) and Floki (FLOKI).</p> 
<ul> 
 <li><strong>Pepe (PEPE)</strong>: Despite a recent 140% surge, Bluntz believes there’s more room for growth in PEPE. Currently ranked 12th in trading volume and 30th in market cap at $3.59 billion, PEPE has witnessed an impressive 221.45% increase in value over the past year. Bluntz predicts a target price of $0.000028, marking a substantial 75% uptick from its current value of $0.000016.</li> 
</ul> 
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   <p lang="en" dir="ltr">despite the all time highs i think <a href="https://twitter.com/search?q=%24pepe&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$pepe</a> will continue to be the fastest horse for now. <a href="https://t.co/UbbIWAkl3d">https://t.co/UbbIWAkl3d</a> <a href="https://t.co/CftqqI9U9Y">pic.twitter.com/CftqqI9U9Y</a></p>— Bluntz (@Bluntz_Capital) <a href="https://twitter.com/Bluntz_Capital/status/1795228741171634207?ref_src=twsrc%5Etfw">May 27, 2024</a>
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<ul> 
 <li><strong>Floki (FLOKI)</strong>: While FLOKI may not match PEPE’s performance, it still holds promise. Ranked 42nd among top cryptocurrencies by volume and boasting a market cap of $1.7 billion, FLOKI is positioned for growth. Bluntz draws parallels between FLOKI’s current trajectory and the pre-PEPE all-time high phase, forecasting a new high of $0.00044. With FLOKI currently trading at $0.000294, the potential for robust growth is evident.</li> 
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   <p lang="en" dir="ltr">getting pre <a href="https://twitter.com/search?q=%24pepe&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$pepe</a> all time high vibes from <a href="https://twitter.com/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$FLOKI</a>.<br><br>chart looking really nice imo + bonk guy <a href="https://twitter.com/theunipcs?ref_src=twsrc%5Etfw">@theunipcs</a> has been all over this one for months. <a href="https://t.co/xQwww0uKlk">pic.twitter.com/xQwww0uKlk</a></p>— Bluntz (@Bluntz_Capital) <a href="https://twitter.com/Bluntz_Capital/status/1794970790959485041?ref_src=twsrc%5Etfw">May 27, 2024</a>
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<h2 class="wp-block-heading" id="h-ethereum-s-journey-with-bitcoin"><strong>Ethereum’s Journey with Bitcoin</strong></h2> 
<p>Looking beyond memecoins, Bluntz has turned his attention to Ethereum’s performance, particularly its trading pair with Bitcoin (ETH/BTC). Anticipating a short-term dip below 0.052 BTC ($3,553), followed by a breakout rally to 0.06 BTC ($4,100), Bluntz’s prediction aligns with the Elliott Wave theory. </p> 
<p>Currently trading at 0.05625 BTC ($3,842), ETH/BTC presents an intriguing landscape for investors. Bluntz identifies a bearish divergence, suggesting a loss of momentum preceding the anticipated dip and subsequent recovery.</p> 
<h2 class="wp-block-heading" id="h-these-are-some-exciting-times">These Are Some Exciting Times!</h2> 
<p>The crypto market of 2024 is buzzing with activity, with Ethereum and memecoins leading the charge. Analysts anticipate these trends to persist, with new all-time highs on the horizon for the highlighted memecoins.</p> 
<p><strong>Ready to dive deeper into memecoins? Check out our guide to the top meme projects: <a href="https://coinpedia.org/news/top-memecoins-poised-for-10-50x-profits-in-2024/">Top 13 Memecoins to Buy for 10-50x Profits in 2024</a></strong></p>

Crypto Expert Reveals Top 2 Memecoins Set to Hit New Highs Soon

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