Amidst increasing price volatility, Solana price remained above $150. This helped the Solana ecosystem regain momentum last weekend. Additionally, memecoins on the SOL chain recorded the highest returns.
Will Solana-based memecoins make a strong comeback this altcoin season and dominate the memecoin rally? In this article, we cover the top 3 memecoins that are likely to see huge price surges this Q4!
Dogwifhat (WIF) Price Action
Despite registering a 5.86% decline in the last 24 hours, Dogwifhat price is up up to 7% over the past week and 69.16% over the past 30 days. It also ranked 36th with a market capitalization of $2.67 billion.
Despite the SMA acting as support on the price chart during the 1D period, the RSI indicator failed to repeatedly breach the overbought range. This highlights the increased price volatility of memecoin in the cryptocurrency market.
If the bulls gain momentum again, WIF price will soon head towards the upper resistance level of $4. However, a bearish reversal could push the price to a low of $2.1.
Bonk (BONK) Price Action
BONK price maintained its bullish momentum, rising about 2% the day before and 7.16% last week. It has also surged 31.35% over the past month, rewarding long-term investors with a return of 69.68% YTD.
Technical indicators EMA 50/200 days and MACD are on the rise on their respective charts. This suggests that the BONK memecoin may continue to gain value during this week.
Holding the price above the support level of $0.00002125 could set the stage for a move towards the resistance level of $0.0000270. Conversely, a trend reversal could lead to a retest of the $0.0000150 low.
Popcat (SOL) Popcat price movement
Following the price increase action, POPCAT price has recorded a neutral trend over the past day. However, its value has increased by 84.41% over the past month and by 16,585.95% this year alone, making it the best-performing memecoin of the year.
The RSI indicator continues to hover near the overbought range with the EMA 50/200 days registering a sustained upward trend. This highlights the optimistic outlook for POPCAT price in the cryptocurrency market.
Let’s assume the bull market regains momentum and this could cause this meme coin to hit a new all-time high (ATH) in the future. Conversely, if the downtrend outpaces the uptrend, the POPCAT price could plummet to a low of $1.25.
Also read Popcat (SOL) POPCAT Price Forecast 2024 – 2030.