Cryptocurrencies turn green as BTC holds above $60,000. So, what is the current situation with popular meme coins? Meme coins have the potential to rise much faster in bull markets. However, the number of alternatives has increased in this cycle. According to Coinmarketcap data, there are over 2.4 million cryptocurrencies. The figure is really exaggerated and shows that new altcoins have less chance now.
How Much is Shiba Coin in TL?
At the time of writing, the SHIB price was 0.0005758 TL according to 21milyon.com data. It fell by 30.40% in the last 30 days in Turkish Lira terms, with weekly losses at 5.18%. Considering that USDT also fell by 1.4% weekly, the loss rates should be balanced accordingly. Looking at the chart, the parallel channel support at 0.0000208 dollars in the dollar parity could not be regained.
If the support level is regained, it can be assumed that the steady sales that have been ongoing for 16 days will reverse and the target will be 0.0000294 dollars again. The next resistance will be 0.0000329 dollars.
PEPE Coin Price Prediction
Last year, the most popular meme coin was PEPE. It saw massive volumes under the conditions of that day. Although rarely seen, many popular exchanges had to list it due to its high volume. Now, it is hovering above the 0.00001066 dollar support. Its situation is still quite good compared to many altcoins, and it continues its upward trend.
A trial above 0.0000131 dollars, which will surprise those trading in a narrow range, may occur. Of course, BTC must stabilize beforehand.
WIF Coin Chart Analysis
On June 24, the price fell to 1.53 dollars, retreating to the last dip of the early days. It recovered from there and increased by approximately 50% to 2.25 dollars. However, in such periods of decline, quick reversals are easy selling opportunities for those evaluating deep dips. This causes resistances to form at unlikely points.
WIF Coin must reclaim 2.37 dollars to resume its rise. Beyond that, a new trial at 3.71 dollars may occur. BTC will be decisive here as well. Since WIF Coin is a relatively new altcoin and has already visited the key support level, there may not be much risk of excessive selling at this stage.
