Best Coin Memes This Week that You Need to Know
2024-10-28Bittime - The fairly good condition of the crypto market is providing momentum for meme coins to rise to a higher level.
Some new coin memes that appeared later attracted the attention of most meme coin investors, such as GIGA and GOAT, have been proof of this teori meme coin super cycle.
For those of you who are coin meme fans, here is a list of the three best coin memes this week that you need to know.
Best Coin Memes of the Week
The list of the best coin memes this week refers to the third or fourth week of October.
The indicators used to determine the best meme coin this week in the following article are the relatively new age of the meme coin, the market capitalization aspect, and the level of community interest.
This is the best meme coin which is important for you to monitor its development.
1. Meme Coin Goatseus Maximus (GOAT)
The best coin memes this week are Goatseus Maximus (GOAT). As a meme coin created by AI, GOAT is growing rapidly.
GOAT showed a remarkable rally this week with an increase of 177%, reaching an all-time high price of $0.902.
Currently, the meme coin GOAT is stable above the $0.640 support level, which is an important basis for maintaining investor confidence.
The positive performance has attracted great attention, making GOAT one of the most prominent performing meme coins in recent times.
Read Also: What is Goatseus Maximus (GOAT) and Truth Terminal?
It is likely that GOAT will experience a consistent upward trend, especially if the overall crypto market maintains bullish momentum.
In such a scenario, GOAT could potentially reach the crucial $1,000 level, a significant milestone.
If GOAT fails to defend the support at $0.640, a correction to the $0.466 level is possible, which would pare some of the recent gains.
2. Gigachad (GIGA)
Although GIGA did not experience a big spike like other memecoins, Gigachad (GIGA) still managed to register itself as the best meme coin this week with a steady increase of 26%.
Such consistent growth is worth noting, especially given the stability of the crypto market in recent weeks.
Over the past month, GIGA has continued to show an upward trend, with a 26% increase this week strengthening its momentum. Currently, GIGA reached a new record high of $0.0686.
However, if GIGA does not manage to clear the $0.0686 level, profit-taking could occur as investors try to secure their profits.
Such an action might lead to a price pullback to $0.0408, which could indicate a shift in market sentiment, as the upward trend could potentially stall temporarily amid investor caution.
Read Also: Getting to Know Gigachad Coin (GIGA) A New Innovation on the Solana Network
3. Simons Cat (CAT)
The last best meme coin this week in this article is Simons Cat (CAT).
CAT showed significant gains in the past seven days, with an intraweek high nearing its all-time record at $0.00004650.
Such stellar performance has practically caught the attention of investors, as the meme coin continues to show solid growth potential.
Read Also: Simon's Cat Price Prediction ($CAT) Market Analysis
Reaching the level increased market optimism towards CAT, prompting greater interest from traders and potential investors.
Currently, CAT is up 57% and attempting to establish $0.00004063 as a new support level.
Maintaining this support can provide a strong foundation for CAT to try to reach new highs.
Of note, if CAT fails to secure support at $0.00004063, a correction to $0.00003410 is possible.
Such a decline could quickly turn recent gains into losses, potentially affecting investor sentiment.
Those are the three lists of the best coin memes this week that you need to know. However, the three meme coin lists above are still relatively new, so you need to be careful. Hope it is useful.
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