The cryptocurrency market slightly recovered earlier this week but shows signs of consolidation. Bitcoin (BTC) hovers just below $71,000, while the global market cap has seen no change in the last 24 hours and currently stands at $2.78 trillion.
Memecoins have been the talk of the town this year, with several hitting all-time highs. Let’s look at three memecoins that you could watch this weekend.
Top 3 meme cryptocurrencies to watch this weekend
Floki (FLOKI):
FLOKI hit an all-time high yesterday but has since faced a significant correction. The asset is down 5.6% in the daily charts but is up 18.6% in the weekly chart, 37.1% in the 14-day chart, and more than 75% over the previous month.
Also Read: Top 3 Cryptocurrencies Under $0.10 That May Surge in June 2024
According to CoinCodex, the dog-themed cryptocurrency will continue to rally over the next few weeks. The platform anticipates FLOKI to hit a new all-time high of $0.000352 on Sunday, June 9, 2024.
Moreover, CoinCodex predicts FLOKI to delete a zero and hit $0.001069 on July 4, 2024. Hitting $0.001069 from current levels would translate to a growth of nearly 242%.
Shiba Inu (SHIB):
SHIB is one of the most popular cryptocurrencies in the market. The asset is facing significant resistance around $0.000025. Although SHIB witnessed a healthy rally earlier this year, it is still down by over 70% from its all-time high of $0.00008616, which it attained in October 2021.
According to CoinCodex, SHIB could breach the $0.00003 mark very soon, hitting $0.00003107 on Sunday, June 9, 2024.
Furthermore, the platform anticipates the cryptocurrency to hit a new all-time high of $0.00008723 on July 3, 2024.
Pepe (PEPE):
PEPE is among the best-performing cryptocurrencies of the last year. The asset hit an all-time high of $0.00001717 on May 17, 2024, but has since fallen by over 14%.
Also Read: Cryptocurrency: Pepe Coin Investor Makes $5.3 Million in Just 6 Months.
According to CoinCodex, PEPE will rally over the next few weeks. The platform predicts PEPE to hit a new all-time high of $0.00001796 on Monday, June 10, 2024.