Memetic / PepeCoin narxMEME

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The recent launch of the $TRUMP meme coin by former President Donald Trump has led to a surge of over 700 imitation tokens, many of which have no official association with Trump or his family. This proliferation has raised concerns about potential scams and financial risks for investors. Given the volatile nature of meme coins and the prevalence of unaffiliated copycats investors should exercise caution. It's essential to conduct thorough research and be aware of the risks associated with these tokens.

The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices. However, some experts believe that the ongoing consolidation in the prices of $DOGE and $SHIB , especially during a dip, could trigger a strong recovery ahead. Dogecoin and Shiba Inu Silently Gain Momentum According to data from Coinglass, Dogecoin saw a significant amount of liquidation in the past 24 hours, with around $6.77 million in DOGE positions being closed. This included about $3.55 million sold by buyers and $3.22 million by sellers. Meanwhile, SHIB experienced about $137,000 worth of liquidation, with buyers accounting for $73.5K of that total. Despite these liquidations, the prices of both meme coins have remained stable, which could indicate a potential rally ahead. Analysts suggest that this stability might be the calm before a storm, as large investors continue to buy SHIB and DOGE during the recent price dip. This buying could strengthen support levels and potentially lead to a sharp increase in the prices of Dogecoin and Shiba Inu. Dogecoin Price Analysis Dogecoin price made a sharp decline from the $0.3 mark, which suggests that the bears have turned this level into resistance. Bears are dominating as DOGE struggles in surging above immediate resistance of $0.26. As of writing, DOGE price trades at $0.254, surging over 1.47% in the last 24 hours. The selling pressure continues to be dominating below the $0.30 level. However, buyers have built a strong support around $0.2 as it forms an accumulation zone. Any recovery is likely to encounter selling pressure at the previous support now turned resistance level of $0.30. If the price continues to hold below that level, the bears might push the DOGE/USDT pair below $0.20. Conversely, if Dogecoin breaks and holds above $0.30 following ongoing accumulation, it could indicate that the bears are losing control. This could mean that a bottom has been established, pushing the DOGE price toward $0.34. Shiba Inu Price Analysis SHIB price is attempting for a recovery as the price aims for a surge above the EMA50 trend line. However, the price of SHIB continues to face resistance. Currently, the SHIB price is at $0.000015, having surged over 0.24% in the last 24 hours. The SHIB/USDT trading pair remains under the downtrend line, showing strong selling pressure from bearish traders. This price level may continue to be a significant barrier, as short-term holders (STHs) might opt to sell off their positions at this level. However, we expect the SHIB price to retest its resistance at $0.00001717. If the price stays above the EMA20 trend line on the 1-hour chart, buyers could attempt to send it toward $0.000022. With the Relative Strength Index (RSI) remaining below the midline at 40, there could be a drop toward $0.000012.

$TRUMP -related tokens are gaining traction, and here are some worth keeping an eye on: MAGA (TRUMP) This token is inspired by Donald Trump's "Make America Great Again" slogan and has captured the attention of both Trump supporters and crypto enthusiasts. With a market cap of approximately $200 million, MAGA is trading at around $4.37, having experienced significant volatility and reaching an all-time high of $17.51 in July 2024. MAGA Hat (MAGA) Another token inspired by Trump's slogan, MAGA Hat aims to capitalize on the viral nature of political memes and the active engagement of Trump's supporter base. With a market cap of approximately $92 million, MAGA Hat trades at around $0.00024. Super Trump (STRUMP) This meme token operates on both the Ethereum and Solana blockchains, aiming to merge political enthusiasm with the speculative nature of cryptocurrencies. Super Trump features a unique tokenomics model that allocates transaction fees to a wallet associated with Donald Trump. MAGA VP (MVP) Part of the broader MAGA TRUMP ecosystem, MAGA VP rewards its holders with TRUMP tokens through a buy and sell tax mechanism. This token serves as a speculative asset, attracting both political supporters and crypto investors Fight to MAGA (FIGHT) Inspired by the ideals of the "Make America Great Again" movement, Fight to MAGA aims to empower political activism through decentralized finance (DeFi). The token's ecosystem supports partnerships with political organizations, enabling seamless fundraising and activism. These $TRUMP-related tokens are worth watching, but keep in mind that they are highly speculative and volatile. As with any investment, do your own research and consider the risks before making a decision.

$TRUMP Make America Great Again" slogan. It's trading at around $4.37 with a market cap of approximately $200 million.¹ - *MAGA Hat (MAGA)*: Another Trump-themed token that targets Trump supporters and merges political enthusiasm with cryptocurrency investment. It's trading at around $0.00024 with a market cap of approximately $92 million. - *Doland Tremp (TREMP)*: A Solana-based meme coin that humorously centers around a satirical take on Donald Trump. It's trading at approximately $0.39 with a market cap of around $38 million. - *Super Trump (STRUMP)*: A meme token created to honor Donald Trump, operating on both the Ethereum and Solana blockchains. It's trading at approximately $0.007 with a market cap of around $18 million. - *MAGA VP (MVP)*: A meme token created to support Donald Trump's political campaigns and ideals, operating on the Ethereum blockchain. It's trading around $0.06 with a market cap of approximately $2.7 million. - *Fight to MAGA (FIGHT)*: A politically themed token inspired by the ideals of the "Make America Great Again" movement. It's trading at around $0.011 with a market cap of approximately $11.6 million.