Dogecoin, Dogwifhat, and Mog Coin have booked strong gains today, rallying 6%, 4%, and 10% respectively.
However, the new cat-themed meme coin Catslap shows even more strength with a 32% pump.
DOGE Bull Run “Has Just Started”
Dogecoin is on fire, but analysts think it still has much more in the tank.
Currently, DOGE is trading at $0.42, having recently hit its highest price since 2021.
It’s up 6% today, down 6% this week, but up 148% this month.
Dogecoin’s performance has been buoyed by the President-Elect’s promise to open the Department of Government Efficiency, a presidential advisory commission that Elon Musk and Vivek Ramaswamy will co-chair.
The commission is often referred to as D.O.G.E for short, which has brought a lot of attention to Dogecoin in recent weeks.
But based on technical analysis carried out by Trader Tardigrade, Dogecoin’s rally remains in its early innings.
“Dogecoin weekly Price Momentum Oscillator (PMO) is telling you the bull run of DOGE has just started,” he wrote.
Per the analyst’s price chart, DOGE could hit $10 this cycle.
Dogwifhat Prepares For Parabolic Rally
Dogwifhat’s performance has been underwhelming this month as Solana peer Bonk overtook it to become the ecosystem’s most valuable meme coin.
However, WIF is holding strong, and analysts expect an explosive breakout to follow.
Dogwifhat is currently trading at $3.26, up 4.4% today, down 2.8% this week, and up 26% this month. It holds a $3.27 billion market cap and a $554 million 24-hour trading volume, up 28% today.
Popular trader Freedom By 40 notes that Dogwifhat is forming an Elliott Wave pattern on the daily time frame and preparing to launch toward a new high of $7. The analyst even anticipates an uptrend continuation beyond $18 on the leg that follows.
Mog Coin Pumps On Coinbase Listing Rumors
While Dogecoin and Dogwifhat remain down week-on-week, Mog Coin is one of the few big-name meme coins at a profit.
It has soared 10% today to $0.000002612. Its price is also up 2% this week and 22% this month. Mog Coin has a $1.02 billion market cap and a $33.81 million 24-hour trading volume, up 31% today.
Today’s rally comes as traders anticipate that Coinbase will list MOG, noticing a wallet linked to the exchange has been purchasing the token. A Coinbase listing would likely bring huge gains.
Analyst Brian Garret suggests that Mog Coin has room for a 5-10x rally during the bull market.
Expectations are high for meme coins, with experts anticipating the sector will continue booming in the coming months. This comes as altcoin prices across the board have begun to outperform Bitcoin, sparking excitement for a forthcoming alt season.
One project perfectly positioned for this is Catslap, a brand new Ethereum-based meme coin currently showing big demand.
Catslap Claws Huge Community in Opening Days – Next Breakout Meme Coin?
Catslap launched just over one week ago but has already had a big impact. The price has rallied 32% in the past day, bringing its gains since launching to over 2,600%.
With that, people are paying close attention. Its holder count has just crossed the 8,000 mark.
It has also amassed over 10,000 followers on X and 1,000 members in its Telegram channel. These are impressive metrics demonstrating a strong market appetite.
Considering the hopes for an all-out altcoin season to occur shortly, Catslap has emerged at the perfect time.
It’s an Ethereum-based cat-themed meme coin with a quirky “Slap-to-Earn” game on its website. This game is similar to Popcat’s “Tap-to-Pop” game, except Catslap users can earn free crypto from playing.
Currently, Catslap has a $25 million market cap, while Popcat is worth over $1.5 billion. That leaves a lot of room for growth for $SLAP.
And the team is taking a long-term approach, locking $4.2 million in liquidity to ensure traders can seamlessly buy and sell the token.
The project has also received coverage from top analysts. Crypto June speculates it could make millionaires.
But with its price on the rise, prospective buyers should not wait too long.
You can buy $SLAP from the DEX widget on the CatSlap website, Uniswap, or via Best Wallet’s Upcoming Tokens feature.
