Several meme coins have hit their all-time highs in the past week following a market-wide rebound led by Bitcoin’s soar above the $93,000 mark. Pepe and Dogwifhat are leading today’s charge in the meme coin sector, as they pumped by 51.68% and 31.82%, respectively.
However, their meteoric rise is slowing down, and investors are shifting their attention to promising animal-themed meme coins. Simon’s Cat, which hit an ATH at $0.00005786 today, is experiencing a massive surge in its daily trading volume, while the Flockerz presale is seeing increased investment.
Pepe and WIF Soar Following Coinbase Listing
In the week following Donald Trump’s election on November 5, the overall crypto market exploded, with the top 10 meme coins seeing double to triple-digit gains. However, Pepe and WIF have dominated the charts compared to their competition in the top five meme coin list, with further gains today.
Following Pepe’s listing on Coinbase and Robinhood, the coin reached an all-time high at $0.00002486 as its market cap rose above $10 billion. Similarly, WIF’s Coinbase listing helped the coin soar from $2.9196 to $4.5974 yesterday.
Currently, Pepe is facing challenges as its price dropped to $0.00002169. The coin is still well above its previous support of $0.00001677 and the 200-day SMA of $0.000009156, while its 24-hour long/short ratio stands at 1.39, indicating investors are largely holding onto their positions.
If this trend continues, Pepe may continue rising, but Smiley Capital, a crypto forecaster, believes there’s also a chance that the coin will start underperforming.
Crypto expert Trader Koala believes traders should wait for WIF to dip from its current price of $4.03 before investing in it but expects its possible downturn to be followed by a new ATH in the $5 range.
Simon’s Cat Reaches a New All-Time High and Secures a Strategic Liquidity Investment
Simon’s Cat (CAT), a meme coin that joined the market in August 2024, was trading at $0.00002467 30 days ago and has more than doubled its price over the month.
Today, the token secured an investment from Unicorn Verse, a strategic investment firm, which it intends to use to increase its visibility by expanding onto additional trading platforms. In the announcement, CAT’s team also hinted at the release of a new blockchain, with further details to follow.
After a sharp rise to its new ATH of $0.00005786 earlier today, followed by a brief dip to $0.00004712, CAT currently trades at $0.00005058 and has seen its market cap reach $342 million following a $51.27% soar.
Crypto analyst Crypto Palace believes CAT is entering a week-long upward movement, predicting it will reach a new ATH near $0.00008.
As the coin has a healthy 14-day RSI of 62.11, indicating that it is neither overbought nor oversold, CAT seems ready to gain a strong upward momentum. Plus, it’s trading above its 50-day SMA of $0.00003139, which is another favorable technical indicator regarding short-term growth.
Flockerz Gains Momentum & Raises Over $1.7 Million for Groundbreaking Vote-to-Earn Platform
Flockerz (FLOCK) is turning heads with its upcoming vote-to-earn DAO, FlockTopia. As the first of its kind, FlockTopia intends to reward every FLOCK holder who votes on the project’s key decisions with more FLOCK, encouraging participation and fostering a culture-driven community environment.
The ambitious project has already raised over $1.7 million as investors rush to secure their share of FLOCK ahead of its launch on DEXs. Currently, FLOCK costs $0.0060049 each, but its price will increase in just 19 hours or if the presale raises another $69,000 before that.
Flockerz Token Set To See Major Gains Launching Into Massive Bull Market!
Becoming a part of “The Flock” is easy, and there’s no minimum investment required, making the presale equally attractive to whales and casual traders. Investors can purchase FLOCK using BNB, ETH, USDT, or a traditional bank card.
Regarding investor security, the project’s contract has been audited by SolidProof and Coinsult, which found no errors in its code. Plus, 10% of the total token supply is allocated to liquidity to create a safe trading environment.
Another attractive aspect is the project’s staking rewards, which are currently an estimated 1066% p/a.
