6 VanEck Meme Coin Index Price Predictions – BONK, DOGE, FLOKI, PEPE, SHIB, WIF

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The crypto market entered the weekend going through one other correction, and meme cash felt the influence, with prime names like Dogecoin (DOGE), Shiba Inu (SHIB), and dogwifhat (WIF) all down 3-5%.

On Wednesday, VanEck launched a meme coin index monitoring the efficiency of the highest 6 meme cash: Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), dogwifhat (WIF), Bonk (BONK), and Floki (FLOKI), with a 30% cap on every asset.

Meme Coin Price Predictions – Top Analysts Weigh in on VanEck’s Index

Cold Blooded Shiller, a preferred analyst with over 274k followers, shared his meme coin worth predictions yesterday. He considered Pepe because the “strongest chart”, saying it reclaimed a serious resistance stage. Pepe worth is round $0.0000083 at press time, barely beneath its March all-time excessive of $0.00001.

For Bonk, Shiller referred to as it the “second strongest”, noting an analogous reclaim as Pepe however not but breaking the following resistance. Bonk worth is buying and selling round $0.000023, down 8% immediately.

On WIF, he pointed to a possible head-and-shoulders sample, saying the $3.20 stage is necessary to carry, with actual draw back threat if it loses $2.20 help. WIF worth is round $3.04 at present, down 5% within the final 24 hours.

CrediBULL, one other in style analyst with a following of almost 400k on X, additionally shared his bullish outlook on dogwifhat (WIF) worth immediately. He revealed risking $25,000 on an extended place, citing clear indicators of spot absorption as evidenced by the on-chain Cumulative Volume Delta (CVD) making decrease lows whereas WIF’s worth has been making increased lows.

Additionally, CrediBULL pointed to what seems to be a big variety of underwater quick positions that gathered throughout the earlier downward transfer.

He believes that if the broader market is positioned for a bounce, WIF might expertise a pointy squeeze to the upside, pushed by these over-leveraged quick sellers being pressured to cowl their positions.

Moreover, Shiller mentioned Floki “needs to break 0.19” for it to possible rally exhausting. Floki worth is buying and selling round $0.00016, down 4%.

For Shiba Inu, he talked about utilizing the “well-respected diagonal pattern” and ready for an impulse earlier than getting bullish. SHIB worth is round $0.000022, off 3.35%.

Lastly on Dogecoin, Shiller famous the “trouble around $0.165” resistance however mentioned it stabilized after sweeping March lows, suggesting ready for that push increased. DOGE worth is round $0.14 at press time, down 4.5% after failing to interrupt $0.20 twice this 12 months.

Answem, an analyst boasting almost 400k followers on X, highlighted an enormous rise of WIF, tweeting “never underestimate the power of crypto degenerates & the distribution of the internet.”

He famous that WIF, which had a mere $100k market cap in December, has now secured a spot in VanEck’s official meme coin index.

Best Meme Coins to Buy Now

Jacob Bury, a preferred YouTuber with 38k subscribers, posted a video immediately concerning the prime cryptocurrencies to purchase now, highlighting Dogeverse as the highest meme coin to purchase now.

Dogeverse is a multichain infrastructure mission that enables customers to entry the token on six main blockchains: Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.

This multichain method affords flexibility in selecting the blockchain primarily based on particular person wants when it comes to value and pace. Over $15 million has been raised up to now within the presale, and this meme coin is making ready for its launch on exchanges quickly.

Another new and in style meme coin in presale is WienerAI, which has raised nearly $1.5 million. WienerAI combines components of synthetic intelligence (AI) and a playful narrative, that includes a dog-sausage hybrid mascot.

It is designed as a utility mission that makes use of AI expertise to allow seamless swaps and function an AI-powered buying and selling companion. Once the presale is over, it can launch on exchanges, however you’ll be able to at present purchase it at a reduced worth of 1 $WAI = $0.000705.

Conclusion

All in all, traders would possibly doubtlessly maintain an in depth eye on the efficiency of prime meme cash like DOGE, SHIB, PEPE, WIF, BONK, and FLOKI.

And final, however not least, new meme cash to observe like Dogeverse and WienerAI might doubtlessly current an funding alternative throughout their presale levels.

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