With the crypto market cap reaching $2.253 Trillion, the bull run is gaining momentum. Amidst this, the altcoins reveal massive upside potential, with the meme coins and PotiliFi taking the centre of attraction.
Known for quick returns and massive upside rallies, the meme coins are the best-performing sector in H1 2024. So, let’s take a quick look at such high-potential meme coins for more than 50% gain this week.
Top Meme Coins To Buy This Week: MOG (MOG)
Breaking above the rising channel’s resistance, the MOG meme coin reveals a massive uptrend in motion. Outgrowing the bullish pattern, the MOG price is up by 11.57% today and accounts for a 70% jump in seven days.
With the bullish breakout and an engulfing candle, the MOG price is set to continue the uptrend. As per the Fibonacci levels, the next resistance for the MOG coin is at $0.0000025 or the 2.618% Fib level.
Optimistically, the bull run could hit the $0.0000030 mark.
PEPE (PEPE)
With a pullback channel in the daily chart, the PEPE price trend reveals a correction phase of 50%. However, the recent bull cycle within the bearish pattern teases a breakout rally to reignite the uptrend.
Taking support from the 200D EMA, the double bottom reversal in the meme coin challenges the overhead trendline. With a morning star pattern and a 12% rise within 48 hours, the breakout chances are significantly high for PEPE.
As per the trend-based Fibonacci levels, the PEPE could hit the $0.000020 mark.
Dogwifhat (WIF)
With Solana-based meme coins being the best performers this year, the WIF price trend reveals a massive upside as the recovery rally begins. Despite a correction phase of 60%, the WIF price takes a bullish reversal from the $1.50 psychological mark.
Trading at $1.81, the meme coin creates a streak of four bullish candles and challenges the overhead trendline. As the WIF price challenges the 61.80% Fibonacci retracement, the ongoing recovery plans a breakout rally to extend the uptrend.
The breakout rally could hit the 23.60% Fibonacci level at $3.556.
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