Memecoins have been the flavour of cryptoworld this past month and the surge has been very rewarding.
In this article we will look at top 3 best memecoins to buy now for even higher rewards.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
Table of Contents
What is BYDFI exchange?
BYDFI is one of the most popular trading platform for crypto derivatives, providing its users with seamless access to the global crypto market through a range of options including spot trading, copy trading, and CFDs.
The exchange, operational since 2014, offers an array of features and products as outlined in the article below. With a sizable user base exceeding , Bydfi has the lowest trading fee and has a welcome bonus of $200 on signing up.
Floki Inu (FLOKI Price Target)
- Current Market Price: $0.000283
- 24-Hour Trading Volume: $219.96 million
- Market Cap: $2.7 billion
- Total Supply: 20 trillion FLOKI
- Circulating Supply: 9.56 trillion FLOKI
- Notable News: Floki Inu has seen a 62% price increase over the past month, partly due to its integration into the Valhalla NFT gaming metaverse, which continues to attract new users and investors.
The price is consolidating within an ascending channel. Currently, it is being rejected by the resistance trendline of the channel. We need to wait for a successful breakout or breakdown.
Shiba Inu (SHIB Price Target)
- Current Market Price: $0.0000282
- 24-Hour Trading Volume: $362.92 million
- Market Cap: $4.8 billion
- Total Supply: 1 quadrillion SHIB
- Circulating Supply: 589 trillion SHIB
- Notable News: Shiba Inu has been making headlines with its ongoing efforts to develop Shibarium, a Layer 2 solution designed to improve transaction speed and lower fees on the Ethereum network.
The price is moving inside the descending triangle. keep an eye on the breakout or breakdown.
Bonk (BONK Price Target)
- Current Market Price: $0.0000276
- 24-Hour Trading Volume: $12.37 million
- Market Cap: $122 million
- Total Supply: 100 trillion BONK
- Circulating Supply: 44 trillion BONK
- Notable News: Bonk has recently partnered with several decentralized applications (dApps) to expand its ecosystem.
The price is trading above the horizontal key level and continues to move within the descending triangle after being rejected at the main horizontal resistance zone of the triangle. We need to wait for further price developments.
Conclusion
The memecoin world has always attracted investors and it has also delivered hige returns. These 3 picks of best memecoins to buy now are good bets to buy for short term and can also be added to the long term portfolio.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
