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Dogwifhat (CRYPTO: WIF) and the TRUMP (CRYPTO: TRUMP) meme coin are emerging as the highest gainers on Friday, putting in significant rallies from their bottom valuations.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
OFFICIAL TRUMP (CRYPTO: TRUMP) | $23.00 | $4.6 billion | +41.6% | +33.7% |
Dogwifhat (CRYPTO: WIF) | $0.7399 | $739.1 million | +26.8% | +2.7% |
SPX6900 (CRYPTO: SPX) | $0.8429 | $784.7 million | +17.3% | +38.6% |
Trader Notes: Influencer Cryptomist noted that market bias is shifting upward, suggesting that Dogwifhat should follow suit.
She emphasized that an aggressive rebound, mirroring the previous drop, would be ideal if momentum builds. "$1.40 next level of resistance here on the 3-day timeframe," she concluded.
Meanwhile, influencer degengambleh believes WIF is forming a bottom, while crypto analyst Ali Martinez highlights a TD Sequential buy signal on WIF's 12-hour chart, indicating a potential rebound.
Martinez also identified the same signal on TRUMP's 12-hour chart, suggesting upside potential for both assets.
Nebraskangooner sees a clean 4-hour downtrend break and then further consolidation break.
Statistics: In its latest earnings report, Coinbase highlighted a surge in meme coin activity, driven by an explosion of utility-free meme coins issued since the launch of the Pump.fun token-generating platform last year.
Read Next:
- Millionaire Trader Says Dogecoin, Bonk, Trump Memes Have Bottomed
Image created using artificial intelligence with Midjourney.