Meme Coin Market Growth Surges As Shiba Inu & Pepe Prices Surge – Next Potential Meme Coin Sensations to Watch

The meme coin market is seeing significant growth after heavyweights like Shiba Inu ($SHIB) and Pepe ($PEPE) surged this week.

$SHIB has increased by a remarkable 16% this week as traders eagerly anticipate the launch of the Shiabrium mainnet.

In addition, $PEPE also saw a 26% price increase over the week, allowing it to meet prior resistance.

With the meme coin market surging, we’ve found a list of the next potential meme coin sensations to watch, capable of producing up to 50x returns for early-stage investors.

Meme Coin Market Sees Growth After Heavyweight Shiba Inu ($SHIB) Surges 16% This Week.

Shiba Inu saw a delightful week in which it surged by 16% to reach the current $0.0000103 level.

Traders are rushing to get positioned in $SHIB in anticipation of the upcoming Shibarium Layer 2 solution, which will exponentially expand the Shiba Inu ecosystem.

The cryptocurrency started its surge at the beginning of August as it soared into resistance at $0.00001 – provided by a bearish .382 Fib Retracement level.

$SHIB went on to break this resistance last week, reaching as high as $0.000011 before retracing back to the current support;

Looking ahead, the first resistance lies at $0.0000111 – provided by a bearish .5 Fib Retracement. This is followed by resistance at $0.0000116, $0.0000122, and $0.00001288 (October 2022 high-day close).

On the other side, support lies at $0.00001, $0.00000945 (.382 Fib), $0.000088 (.5 Fib), and $0.000082 (.618 Fib).

Pepe ($PEPE) Also Seeing Strong Rise After 26% Price Surge.

Pepe ($PEPE) is another token seeing bullish price action after surging by 26% this week.

Although the move was largely technically driven without any fundamental news, meme coin traders are starting to turn bullish on $PEPE again.

The bullishness allowed $PEPE to rebound from support at $0.00000106 last week and climb into resistance at $0.000001477;

The current resistance is essential to break as it served as solid support from mid-June through late July.

Looking ahead, if the buyers break $0.000001477, additional resistance lies at $0.0000016 and $0.00000187 (bearish .382 Fib).

This is followed by resistance at $0.000002, $0.0000022 (bearish .5 Fib), and $0.00000255 (bearish .618 Fib).

What Are The Next Potential Upcoming Meme Coin Sensations?

While the meme coin heavyweights soar, a series of emerging meme coins are also starting to gain significant momentum.

Investors are rushing to these projects as they believe they have the potential to turn into the next meme coin sensations on the market, capable of delivering up to 50x returns – similar to what $PEPE and $SHIB delivered in their early days.

In particular, Wall Street Memes ($WSM), Chimpzee ($CHMPZ), and XRP20 ($XRP20) are turning heads as their presales attract increasing levels of investment.

Wall Street Memes Approaches Impressive $24 Million Milestone as FOMO Kicks in for Remaining $WSM

The FOMO is officially kicking in for Wall Street Memes as investors rush to get a piece of the few remaining $WSM tokens on the market.

Wall Street Memes has raised almost $24 million in its extraordinary presale, making it one of the most sought-after meme coins in the industry.

Investors are rushing to this project due to its colossal community, meme-based humor, and attention received from industry figureheads like Elon Musk.

The FOMO has also captivated whales, who are rushing to get positioned before the presale ends.

For example, a whale recently aped in with 460 $ETH in one purchase, worth around $850,000;

The confidence from whales shows their extraordinary belief in this meme coin as they expect huge returns for their enormous risk.

Wall Street Memes strives to make satire out of Wall Street and expose our traditional financial system through a series of memes.

The memes are so popular that they generate over 40 million monthly impressions on X.

They’ve also attracted the attention of Elon Musk, who’s commented on the memes on several occasions;

If Elon is paying attention to your meme coin over an extended period, you know huge returns are coming.


Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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