bitcoin
Bitcoin (BITCOIN)
$84,472 -0.64%
ethereum
Ethereum (ETHEREUM)
$1,595 0.37%
binancecoin
BNB (BINANCECOIN)
$593.98 0.40%
solana
Solana (SOLANA)
$134.25 -0.22%
ripple
XRP (RIPPLE)
$2.08 0.13%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 4.07%
pepe
Pepe (PEPE)
$0.000007 -0.85%
bonk
Bonk (BONK)
$0.000012 0.75%
bitcoin
Bitcoin (BITCOIN)
$84,472 -0.64%
ethereum
Ethereum (ETHEREUM)
$1,595 0.37%
binancecoin
BNB (BINANCECOIN)
$593.98 0.40%
solana
Solana (SOLANA)
$134.25 -0.22%
ripple
XRP (RIPPLE)
$2.08 0.13%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 4.07%
pepe
Pepe (PEPE)
$0.000007 -0.85%
bonk
Bonk (BONK)
$0.000012 0.75%
bitcoin
Bitcoin (BITCOIN)
$84,472 -0.64%
ethereum
Ethereum (ETHEREUM)
$1,595 0.37%
binancecoin
BNB (BINANCECOIN)
$593.98 0.40%
solana
Solana (SOLANA)
$134.25 -0.22%
ripple
XRP (RIPPLE)
$2.08 0.13%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 4.07%
pepe
Pepe (PEPE)
$0.000007 -0.85%
bonk
Bonk (BONK)
$0.000012 0.75%
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Next Memecoins to Explode, March 8 – Pepe, Dogecoin, Floki

Highlights:

  • PEPE may surge if it breaks $0.00000725, with a 40x rally predicted after its correction phase.
  • DOGE is forming a symmetrical triangle, and a breakout above $0.214 could trigger strong bullish momentum.
  • FLOKI’s price depends on ecosystem growth, and a breakout will follow the overall crypto market trend.

The memecoin market has crashed to the red zone, with most of the top 20 coins showing bearish momentum despite bullish announcements this week, such as the strategic reserve and the White House crypto summit. Data from CoinGecko shows that the memecoin market is down by 2.7% to $57 billion.

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The overall crypto market cap has decreased by 2.06% to $2.83 trillion in the past 24 hours. In addition, the trading volume has dropped 10.24% to $116.55 billion. The fear and greed index remains unchanged in the past week and is in the fear zone. Market observers argue that the market will need some time to adjust to the recent developments before the bull market starts. While the market is in a bear mood, it offers a chance for investors to buy the dip; hence, these are the next memecoins to explode.

Next Memecoins to Explode

1. Pepe (PEPE)

The frog-themed memecoin, PEPE, is trading at $0.000006872 in the past 24 hours. The market cap stands at $2.89 billion, and the trading volume has increased by 11.38% to $615.7 million. The coin is down over 13% in the past year.

Next Memecoins to Explode, March 8 – Pepe, Dogecoin, Floki
Source: CoinMarketCap

Crypto analyst CryptoELITES has hinted that a bullish move is coming soon. The chart analysis indicates an upward trajectory after PEPE finishes in its correction zone. The analyst has predicted that a 40-times surge is imminent as the whole market starts to rally.

On the 4-hour daily chart, PEPE is facing the first resistance level at $0.00000725. A breakout here could push PEPE toward $0.00000826, setting the stage for a bigger rally. However, failure to hold $0.00000670 support could lead to a further downside. The RSI is at 41.14, showing neutral conditions but signaling potential recovery. If the RSI crosses 50, bullish momentum will strengthen, increasing the chances of an upward move. If price action confirms the bullish setup, PEPE could be the next memecoin to explode.

Next Memecoins to Explode, March 8 – Pepe, Dogecoin, Floki
Source: TradingView

2. Dogecoin (DOGE)

The largest memecoin is trading at $0.1978, with a 1.37% drop in the past 24 hours. The market cap has dropped to $29.34 billion, while the trading volume is down 15.43% to $1.51 billion. DOGE has seen a slight increase of 18% in the past year.

Next Memecoins to Explode, March 8 – Pepe, Dogecoin, Floki
Source: CoinMarketCap

According to popular analyst Alan, Dogecoin is preparing for a major move. The symmetrical triangle on the 4-hour chart suggests an impending breakout.

If DOGE breaks above $0.214, bullish momentum could take over. The next key resistance stands at $0.240. A successful breakout may trigger a strong rally and push prices higher. A move below $0.196 might lead to losses for investors.

3. FLOKI (FLOKI)

FLOKI is trading at $0.00007024, reflecting a 2.50% decrease over the past 24 hours. The trading volume of the coin stands at $107.99 million, which is a 0.94% increase over the past 24 hours. However, the market capitalization has decreased to $676.14 million.

Source: CoinMarketCap

Floki hit a week high of $0.00008953 after Metamask recently announced support for the Floki Inu domain extension, which was launched in June last year. The integration offers simplified transactions, cross-chain security, and enhanced security.

The price movement of memecoin is mostly influenced by partnerships and growth within the ecosystem. However, macroeconomic factors also influence the price. A price breakout of the coin will follow the broader movement of the overall crypto market.

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