Meme coins have become a major part in the growing world of cryptocurrency and have managed to attract the interest of investors and meme enthusiasts alike. Last few weeks saw a lot of meme coins, such as MOG, POPCAT, WIF, PEPE and BONK reach the top. Let’s take a closer look at how these top coins performed and their recent development.
Top Meme Coins Last Month
MOG
Mog coin is a memecoin that was launched in July 2023 as the internet’s first culture coin. The coin started to gain popularity early this year, with the price steadily climbing to newer heights. At the end of September, the coin was trading around $0.000001450 and with a bullish outlook. MOG is trading at $0.00000152 at press time with an increase of 6.28% in 1 day and a 78.56% rise in 1 month. The coin has a market capitalization of $593,559,019 and a volume (24h) of $17,757,799.
The MOG Relative Strength Index is 61.12, indicating a neutral position but leaning towards bullish sentiment. Moving Average Convergence Divergence is trading above the signal line, which represents short-term bullish momentum. Furthermore, Chaikin Money Flow is trading at 0.08, representing a bullish trend.
PEPE Set for a Bullish Bounce as Analyst Predicts A SurgePOPCAT
Unlike the dog-themed memecoins, Popcat is a cat-themed memecoin based on a popular meme that originated in 2020. The meme featured a cat named ‘Oatmeal’ and its two contrasting facial expressions. The coin was trading in the range of $0.95 at the end of last month. At press time, the coin’s price is $1.18 and has a market cap of $1,155,095,487. The coin’s price increased by 98.92% in 1 month and 0.85% in 1 day, with a trading volume of $153,686,432.
The Moving Average Convergence Divergence indicates a short-term bullish momentum, while the RSI at 65.49 represents a neutral stance with a tilt toward a bullish trend. Furthermore, the Bollinger Bands shows an uptrend, with the price trading above the median line.
WIF
dogwifhat was launched in late 2023 on the Solana blockchain. After its launch, the coin attracted a lot of attention from dog and meme coin enthusiasts. The previous month, the coin ended up trading at $2.45, with the coin’s price at the time of writing being $2.36. WIF has a trading volume of $621,045,682 and a market cap of $2,360,677,758. The coin’s price has increased by over 50% in 1 month.
The Relative Strength Index is at 63.86, moving towards overbought terrority, and the Moving Average Convergence Divergence hints at a potential bullish momentum with the MACD line trading above the signal line. The Exponential Moving Average hints at a bullish trend with a break above the line.
PEPE
At the end of September, the Pepe coin was trading at $0.00001080 and was in a consolidation phase. PEPE, at press time, has a value of $0.00000939. The coin has increased by more than 30% in one month and has a trading volume of $966,277,155. The RSI is at 54.15, which means it is in a neutral zone, neither overbought nor oversold, and the MACD has crossed the signal line and is trading below it, indicating a potential bearish trend. Additionally, the Bollinger Bands shows a downtrend.
BONK
BONK is a popular meme coin launched in Christmas 2022. After the launch, the coin has experienced ups and downs, with the price at $0.0000239 at the end of September. At the time of publication, the coin is trading at $0.0000214 with a 1-day increase of 4.13% and a 1-month rise of 27.03%. It has a circulation supply of 71,247,605,338,709 BONK and a market cap of $1,524,908,331.
The Relative Strength Index is 55.40, which indicates neutral momentum. The Moving Average Convergence Divergence line and the signal line are close to each other, with the MACD line at the top and the possibility of a crossover. Still, currently, it indicates a bullish momentum.
Bullish Trends in Memecoins: WIF and PEPE Surge AheadConclusion
In the past month, the meme coin market has been active, where coins like MOG, POPCAT, WIF, PEPE, and BONK climbed to the top. The price of these coins has seen significant increases and are moving along positive technical lines such as having bullish reading on their Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). Despite that volatility is still being high, some coins such as PEPE are showing some signs of consolidation or a potential downtrend. If you are an investor be wary and keep an eye on markets as these coins evolve.
