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With the long-awaited bitcoin halving event concluded, this event is critical in determining cryptocurrency holdings for the next bull run.
bitcoin completed its fourth halving event, reducing the block reward for miners from 6.25 btc per mined block to 3.125 btc. As bitcoin's new issuance rate halves, the cryptocurrency's inherent scarcity mechanism begins to exert its influence over time.
This shift in supply and demand dynamics has the potential to influence the long-term direction of bitcoin and the broader crypto market. In this article, we will explore the five best meme coins to consider purchasing after the bitcoin halving.
Bonk (BONK)
Activity from $BONK holders has picked up again, which could drive the price of the meme coin even higher. On April 19, Bonk DAO revealed a proposal to burn around 280 billion BONK tokens from its treasury, which is equivalent to the total amount of Bonk sent to the DAO from BonkBot since its creation.
$BONK has seen a significant rise of 71.73% in one week, trading at $0.0000238. There are signs of impulsive price moves for Bonk, with strong bullish momentum suggested by its RSI at 60.91, indicating a neutral position.
Looking ahead, Bonk could encounter resistance levels at $0.0000299 and even stronger resistance at $0.0000315, while its support level is at $0.0000186.
In terms of moving averages, it is currently above the 10-day SMA of $0.0000195. This has led to optimistic predictions, with experts expecting $BONK to reach around $0.000021 by the end of April.
Pepe Coin (PEPE)
Recently, Pepe Coin has attracted increased attention, particularly after the completion of the fourth halving on the bitcoin btc network. This event boosted the price of $PEPE by 53.32% in just seven days, reaching a trading level of $0.0000073, instilling a new sense of confidence in the broader market.
In the span of six months, $PEPE has risen an impressive 1,401%, indicating solid momentum. Recent moves in Pepe Coin suggest an impulsive pattern, as evidenced by the significant short-term rise. The Relative Strength Index (RSI) value stands at 56.70, which means a neutral position in the market for $PEPE.
Based on the classic pivot levels, Pepe Coin has support levels at $0.000006863 and $0.00005829, with resistance levels at $0.000007897 and $0.00000931.
Technical indicators suggest that Pepe Coin's 200-day SMA will rise in the coming month, reaching $0.000004840 on May 25. Furthermore, the near-term 50-day SMA for Pepe Coin is expected to reach $0.00001118 on the same date.
Dog hat (WIF)
Dogwifhat, a novel Solana-based meme coin, has garnered significant attention since its launch in November 2023. Since then, $WIF has witnessed an extraordinary surge of over 10,000 times, with its price trajectory still pointing upwards. .
Dogwifhat is currently experiencing a notable uptrend, trading between $2.28 and $3.54 at the time of writing. During the last week it has registered an increase of 26%, while its monthly growth stands at 6.74%. With its 14-day RSI hovering around 51.30, Dogwifhat market sentiment is currently neutral.
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Looking ahead, potential resistance levels for $WIF may be found near $3.44 and possibly $4 if the bullish momentum persists. On the downside, support levels could be identified around $2.89, with additional support at $1.50 in case of a more substantial pullback.
Dogwifhat's price prediction suggests a potential reach of $4.50 by the end of 2025, with the possibility of rising to $6.78 if the cryptocurrency bull market experiences significant strength.
To discover the full list of the top five meme coins to buy after the bitcoin halving, watch the video above. Additionally, we suggest considering the two meme coins below that are currently in the pre-sale phase as they offer investors significant profit potential.
Slothana (SLOTH)
Slothana, a new meme coin poised for potential gains following the bitcoin halving, quickly raised more than $15 million shortly after its launch. Inspired by profitable Solana-based meme coins like $SLERF, Slothana aims to emulate their success in the market and offer growth opportunities to investors.
Unlike conventional pre-sale approaches, $SLOTH is running a one-time campaign where tokens are not distributed over multiple rounds. Instead, investors can simply send $SOL tokens to Slothana's designated wallet address (EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA) to receive $SLOTH airdrops.
At the current exchange rate, one $SOL buys 10,000 $SLOTH, which translates to an approximate symbolic value of $0.0147. The project strategy involves completing a successful pre-sale and quickly listing on centralized exchanges (CEX).
For more updates on the project, stay tuned for Slothana updates on twitter.com/SlothanaCoin”>x (formerly twitter). To participate in the pre-sale of the $SLOTH token, visit slothana.com.
Dogeverse (DOGEVERSE)
Dogeverse emerges as the newest contender in the field of dog-themed coins, ready to make waves in the meme sector. This multi-chain meme coin recently launched its ICO, raising over $250,000 in a matter of minutes, a testament to substantial investor interest.
What sets Dogeverse apart is its multi-chain support, currently accessible on ethereum, Polygon, and Binance Smart Chain, with future support on Solana, Avalanche, and Base. By leveraging some of the leading blockchains, Dogeverse optimizes cost and speed.
With a total token supply of 200 billion, 30 billion are reserved for the ongoing pre-sale. With a current price of $0.000301, Dogeverse has already accumulated $10.6 million, with a cap target of over $17 million.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”9.0265486725664″>
Come on! twitter.com/hashtag/DOGEVERSE?src=hash&ref_src=twsrc%5Etfw”>#PERROVERSO raises more than $10 million!
Another incredible milestone has been reached!
Join twitter.com/hashtag/Cosmo?src=hash&ref_src=twsrc%5Etfw”>#cosmos on your multi-chain adventures! pic.twitter.com/wNIPuHhplr
— DogeVerse (@The_DogeVerse) twitter.com/The_DogeVerse/status/1783058379109290124?ref_src=twsrc%5Etfw”>April 24, 2024
Early investors enjoy an impressive annual staking yield (APY) exceeding 100%, acquired in two years, with over $15.5 billion DOGEVERSE tokens already staked. To maximize returns, consider taking advantage of the opportunity early on to take advantage of the high-risk APY.
For more details on the Dogeverse pre-sale, follow their twitter.com/The_DogeVerse”>account x and join the telegram channel. To participate in the pre-sale of the $DOGEVERSE token, visit thedogeverse.com.
Related
Dogeverse – Multichain Meme Coin
- Early Access Presale Live Now
- Solana Bridge, Base, BNB Chain, Polygon, Avalanche
- Staking Rewards – thedogeverse.com
- Trade with low fees
- The world's first chain traveling doge: Cosmo
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