After recording a significant over the past few days in the cross-border payment system, the crypto market continues recording a mixed price action with top tokens recording a constant pump-and-dump-like situations in their respective portfolios.
However, with the price of Bitcoin reclaiming the $61,000 level, the memecoin category has regained power with some memecoins recording a massive upside in their respective portfolios.
Scroll down as, in this article, we have covered the top 5 memecoins that have the potential to record a massive upside in their respective portfolios during the upcoming crypto bull run.
Floki (FLOKI):
Amid increased price volatility in the crypto space, the FLOKI price has jumped 6.17% within the past day with a trading volume of $228.83 Million. Furthermore, with a market capitalization of $1.262 Billion, it has secured the 54th position in the global crypto list.
The Relative Strength Index (RSI) has displayed a sharp rise to its halfway mark after hovering close to its oversold range. Further, it is on the verge of recording a bullish convergence, suggesting a positive outlook for the Floki memecoin in the coming time.
If the market continues to gain momentum, the Floki price will prepare to test its upper resistance level of $0.00021435 during the upcoming weeks. Conversely, a bearish reversal could result in the meme coin testing its low of $0.00010190.
Brett (Based) BRETT:
Built on the BASE chain, the Brett project is one of the iconic project of the rapidly expanding Base ecosyatem. Positively, the growing ecosystem gives Base-based projects a strong foundation. Moreover, it allows the platform to leverage the resources and expertise of other projects in the space.
Notably, this memecoin has jumped 17.08% within the past day with a trading volume of $49.63 Million, a change of +8.19%. Further, it has dropped 12.11% within the past week and 21.22% over the past month. However, it has rewarded its long-term investors with a YTD return of 170%.
With a trading price of $0.1016, a circulating supply of 9.910 Billion and a total supply of 10 Billion BRETT tokens, it has secured the 63rd spot in the global crypto list with a market capitalization of $1.006 Billion.
Popcat (SOL) POPCAT:
With a bullish recovery, the Popcat price has jumped 12.70% over the past 24 hours with a trading volume of $119.28 Million, a change of -5.10%. Despite recording a drop of 1.87% within the past week, it has surged 28.16% over the past 30 days and has a YTD return of 8,141.28%.
The Moving Average Convergence Divergence (MACD) has displayed a constant decline in the red histogram, indicating increased price action for the altcoin in the crypto market.
On the other hand, the RSI indicator shows a sharp rise in the POPCAT price chart with its average trendline recording a bullish convergence. This highlights a positive outlook for the memecoin during the coming time.
If the market holds the Popcat (SOL) price above its resistance level of $0.6625, the bulls will prepare to test its upper resistance level of $1 this month. However, a bearish reversal could pull the meme coin toward its lower support level of $0.330.
Mog Coin (MOG):
With a surge of approximately 20% within the past day, the MOG crypto has successfully reclaimed momentum and has surpassed its important resistance level of $0.0000018250. Inspite of recording a bearish action over the past month, it has surged 2,745% this year.
The MACD indicator has displayed a similar price action in its 1D time frame, suggesting a positive outlook for the MOG price this month. Further, the SMA shows a bullish crossover, indicating that the price will continue gaining value this week.
Maintaining the price above its support level of $0.0000015420 will set the stage for Mog Coin price to test its upper high of $0.0000021430. Negatively, a bearish action could result in this memecoin plunging toward its important support level of $0.0000012700.
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