Analyst says where the prices of memecoins Floki, Neiro and Popcat are headed

Table of Contents

Follow Us @

Analyst says where the prices of memecoins Floki, Neiro and Popcat are headed
-Trending Marketing news, content marketing, latest Ways to rank your website, marketing discoveries, Local SEO, seo and social media marketing services. enjoy your stay on our website.

The memecoins Floki (FLOKI), First Neiro on Ethereum (NEIRO) and Popcat (POPCAT) have been gaining great prominence in the crypto market, attracting the attention of investors looking to profit from the high volatility of these coins.

According to a recent analysis by Bitcoin.com, the prices of these coins may be about to make significant movements, with potential for appreciation in the coming months.

Floki, inspired by the dog from the Vikings series, has been standing out in the market, registering a 15% increase in the last week, reaching a value of US$ 0.00014. This significant growth increased the trading volume of the currency, which jumped 75% in the last 24 hours, reaching US$ 249 million. Currently, FLOKI occupies the position of fifth most traded meme coin in the market.

YOU MAY HAVE MISSED:

US Presidential Candidate Robert Kennedy Jr. Calls Bitcoin the Best Hedging Asset Against Inflation

According to the analysis, on the 4-hour chart, FLOKI shows a bullish pattern with higher highs and higher lows. Also, the price remains above the 200-period exponential moving average.

“All these signs indicate that FLOKI could continue its upward trajectory, with the potential to reach US$0.000208 in October. This would represent an increase of approximately 48% compared to the current price, taking the currency back to the highs recorded in July”, he highlights.

First Neiro on Ethereum (NEIRO) is another memecoin that has been gaining attention. In the last 30 days, NEIRO has surged by over 3,500%, outperforming other established memecoins in the market. Recently listed on Binance, NEIRO is already the fourth most traded memecoin, with a volume of $328 million in a single day.

The analysis indicates that the current price of the coin is around $0.00118, and the chart points to a bullish flag formation, which could drive a new positive movement. If NEIRO breaks this flag, the cryptocurrency could rise even further, reaching the $0.00207 mark in October, practically doubling its current value.

Popcat (POPCAT), based on the popular cat meme, has also been posting impressive results. In the past week, the token has surged 41% to a new all-time high of $1.02. However, despite this growth, the price has retreated slightly in the past few hours as investors took profits.

YOU MAY HAVE MISSED:

Bitcoin Demand in the US Increases, What's Happening?

Bitcoin.com’s analysis reveals that the $1 level has become an important psychological support for POPCAT. If the coin can sustain itself at this level, a new upward movement could occur in October, taking POPCAT to $1.20. This would represent a 20% increase from its current value.