As the cryptocurrency market inches closer to its next bull run, meme coins are gaining significant traction, with experts predicting massive rallies. A prominent Dogecoin millionaire has pointed out Shiba Inu (SHIB) and PEPE as key players, forecasting a potential 14,000% surge for both. Additionally, ETFSwap (ETFS), a new ETF-based altcoin, is emerging as a contender in this anticipated market frenzy.
Shiba Inu (SHIB) Surges Beyond Weekly Resistance
Shiba Inu (SHIB) has recently broken through its weekly resistance, showcasing its potential for monumental gains. On December 1st, SHIB’s price peaked at $0.000030, reflecting a 10.54% increase within a week. This rally has propelled SHIB to surpass its resistance level of $0.00002599, sparking renewed optimism among investors.
Crypto influencer TheKyptoKing highlighted SHIB’s breakout from a four-year downtrend, suggesting that its all-time high (ATH) might soon be within reach. With this momentum, the Dogecoin millionaire’s prediction of a 14,000% rally seems more plausible, as SHIB solidifies its role as a frontrunner in the meme coin bull market.
$SHIB Is breaking out of a 4-year downtrend
— The Krypto King 👑 (@thekryptoking_) December 1, 2024
The next stop will be ATH pic.twitter.com/skquLN9MwI
PEPE Coin Hits All-Time High on Coinbase Listing
PEPE coin, another meme coin with substantial investor interest, recently achieved a new ATH following its listing on Coinbase. Starting November at under $0.000010, PEPE’s price skyrocketed by 130% after the listing, hitting $0.00002524 by mid-November.
Despite retracing slightly since then, market analysts remain optimistic about PEPE’s potential. Chandler Bing, a notable crypto expert, predicts a 5-10x increase, while the Dogecoin millionaire maintains a bullish outlook, expecting a 14,000% surge. As investor sentiment around meme coins grows, PEPE’s performance will be pivotal in shaping market trends.
$PEPE retested once again after breaking out of the bullish flag. Hopefully, that was the last time, and we can finally get some good old 5-10x! 🐸📈 #pepe pic.twitter.com/KmhdKW43JU
— Chandler Bing (@chandlerbingpl) December 2, 2024
ETFSwap (ETFS): The Altcoin to Watch
Unlike traditional meme coins, ETFSwap (ETFS) offers a unique value proposition as an ETF-based altcoin with robust features. Its recent presale success, raising nearly $7 million, has captured the market’s attention. The token’s price jumped 575% from $0.00854 to $0.05769, signaling strong investor confidence.
ETFS is set to debut on Uniswap on December 6, an event that could catalyze significant price growth. Analysts believe this innovative altcoin has the potential to outperform meme coins, with the Dogecoin millionaire predicting a staggering 14,000% rally.
As the market gears up for a bullish phase, meme coins are primed to dominate. Shiba Inu (SHIB), PEPE, and ETFSwap (ETFS) are emerging as top contenders, with forecasts of exponential growth capturing investor interest. Whether it’s SHIB’s breakout, PEPE’s Coinbase-induced rally, or ETFS’s innovative model, these tokens could redefine the meme coin narrative in the coming months.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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