Bitcoin Price Targets $90K And Top Meme Coins Like DOGE Are About to Go Parabolic
Dogecoin is breathing fire into meme coin markets. Now, top analysts target MOG, Popcat, and Pepe Unchained as top meme coins to consider as Bitcoin rallies toward $90K.
Bitcoin and the broader market continue to exceed expectations as money pours into crypto. In the last day alone, the total crypto market cap is up nearly 11% to over $2.9 trillion.
At this mega valuation, Bitcoin, which dominates the market with a share of 58.8% as of November 12, is up 30% in the previous week, pushing its market cap to over $1.7 trillion.
The spike in valuation has to do with its pricing. Earlier today, BTC soared to over $90,000, just $10,000 short of the highly coveted $100,000 level. Even though prices have since retraced, confidence is high that bulls will eventually break six digits as BTC aims for $150,000 or better in the next few weeks.
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Amid this welcomed expansion, meme coins are also on the horizon. The subsector has a cumulative market cap of over $116 billion, nearly 2X in one month. Dogecoin, Shiba Inu, and Pepe are leaders, pushing their market caps to $59 billion, $16 billion, and $5.6 billion, respectively.
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While DOGE is up 145% in one week, more than doubling from the $0.20 resistance of October, interest is on other top-performing and equally vibrant meme coins. The surge in Bitcoin only proves that it is the forerunner for interest to soar and capital to pour into meme coins.
These tokens are considered more rewarding. Among the top meme coin picks in November 2024 are:
1# MOG: Room For More Gains?
MOG is a favorite for traders. Although the coin is under pressure, losing 3% in the last week, interest is high. From the daily chart, MOG trades at a crucial resistance level.
After rallying from early September, adding 160% by the end of October, the retracement could offer an opportunity for aggressive traders.
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The immediate resistance is at $0.000002329, but if broken, MOG can easily 2X to new territory during Q4 2024.
Confidence is high because one meme coin trader, Murad, considers MOG a “top-tier” token, pointing to its loyal community.
Update on MarketCap-to-Holders Ratio
This metric indicates what the strongest Cults are
High Ratio = High Emotional Resonation Per Capita#SPX6900 $GIGA $MOG $POPCAT $WIF pic.twitter.com/PRBzXX2TYu
— Murad 💹🧲 (@MustStopMurad) October 3, 2024
2# POPCAT: Cat-inspired Meme Coin, Flips BRETT
Popcat is the most valuable cat-inspired meme coin.
Thriving on Solana, the token is up 22% the previous week, pushing its market cap above the $1.5 billion level.
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POPCAT only trails WIF and BONK in the top Solana meme coins ranking, pointing to support from the community and interest from traders diversifying from dog-themed meme coins.
POPCAT is more valuable than Neiro, GOAT, and Brett at the current valuation and may flip FLOKI in the coming sessions.
If buyers push on, POPCAT may print new 2024 highs above $1.85 in Q4 2024.
3# Pepe Unchained: A Layer-2 Platform For Meme Coins
Pepe Unchained is a newcomer but is already capturing attention. Unlike most meme coins, PEPU, the native token, has utility.
At the same time, Pepe Unchained focuses on creating the much-needed infrastructure for the $116 billion meme coin market. In the ongoing presale, the platform has raised over $26 million, signaling interest from the community.
The yet-to-be-launched Pepe Chain will allow traders to swap tokens cheaply, while developers will quickly launch meme coins via the Pump Pad without worrying about congestion. Pepe Chain will be 100x faster than Ethereum but remain compatible with the base layer.
Presently, presale investors can stake PEPU, receiving an APY of 90%, one of the highest in the market.
On launch, multiple analysts on YouTube predict PEPU to rise 10X, outpacing even the current top-tier coins.
EXPLORE: Who Let The DOGE Out? Dogecoin Is Heading For Seismic Move – Here’s Why
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