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Meme coins are particularly valuable at the start of bull markets when new investors flock in. They achieve significant gains because their potential for speculative profit attracts new investors. They continue this trend until experienced through painful lessons. Of course, the volume support provided by the dominance of old investors in the process brings these speculative rises, followed by rapid declines.
PEPE Coin Commentary
In the middle of last year, while just emerging from bear markets during the most frustrating days of low volume, PEPE Coin appeared. It garnered strong community support during days when a 1 billion dollar volume was considered a massive figure. Eventually, it was listed by the Binance exchange along with FLOKI.
Binance listed it, and it reached its ATH level there. It couldn’t surpass the peak of $0.0000043 for a long time. However, as the hot days of bull markets began this year, it marked a historical peak at $0.0000172 just yesterday. The price erased a zero and continues to find buyers close to the peak region. If it can stay above $0.0000151, the environment will remain suitable for higher peaks. This means we could see new, higher peak points (compared to the current price).
Despite some fluctuations with the BTC price, PEPE Coin remains strong for the bulls.
SHIB Price Prediction
Shiba Coin and DOGE have long failed to deliver desired results. The strong volumes of relatively new and popular cryptocurrencies like FLOKI and PEPE have overshadowed them. For now, the price, stuck between $0.0000269 and $0.0000219, needs a breakout for a significant move. If this breakout is upward, the targeted levels will be new peaks above $0.0000328 and $0.0000390. If the price falls, we could see a drop to $0.0000200 and $0.0000165.
BONK Coin Price Prediction
Do you remember the day BONK Coin was listed on the Binance exchange? It reached a record level at $0.0000400. After that, the price, which turned into a tough resistance, couldn’t be surpassed for a long time. However, as of the time of writing, BONK Coin is above this level. On March 4, the price, which broke the all-time record, now tested $0.0000446.
If the $0.0000383 threshold can be maintained and the long upper wick is filled, we will witness a new ATH attempt above the record level of $0.0000479.
