Top 3 Meme coin Price Prediction: Dogecoin, Shiba Inu And MemeCore Ahead of Market Recovery

Coingapestaff
Coingapestaff

Coingapestaff

Journalist
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Top 3 Meme coin Price Prediction: Dogecoin, Shiba Inu And MemeCore Ahead of Market Recovery

Highlights

  • Meme coin prices have seen a recovery after a crash.
  • Crypto market is recovering; BTC, ETH show a light surge.
  • Dogecoin, Shiba Inu, and MemeCore continue upward recovery momentum today.

Dogecoin, Shiba Inu And MemeCore have started to gain traction as the broader crypto market shows early signs of recovery. Meme coins market cap has increased by 2.4% in the last 24 hours, bringing the market cap to 2.75 trillion. 

The top Meme coins, such as Dogecoin, Shiba Inu, and MemeCore, are recovering following a slight decline in the past week amid the downturn. At the same time, the most popular cryptocurrencies, including Bitcoin, Ethereum, ADA, and Solana, are gradually gaining momentum.

Dogecoin Price Rebounds 5%, Eyes Recovery After Bearish Trend

Dogecoin price recovered to $0.11 after a 5.45% gain over the past 24 hours, signaling potential short-term upside. DOGE is resilient despite a wider downtrend of -11.35% in the last week and -23.56% in the last 30 days. The meme coin is already on the bottom edge of a long-term downward-trending channel.

Open interest increased by 7.71%. to $1.29 billion, and options volume increased by 173.19%. to 277.19 million. DOGE Price action signals the early recovery after a bearish weekend. Continued momentum may push the future Dogecoin outlook toward $0.12, possibly even $0.15 in the near term.

Shiba Inu Price Rises 5% as Burn Rate Surges Over 480%

Shiba Inu price rose 5% over the last 24 hours, showing resilience amid a broader market downturn. 

However, SHIB is still negative by 10% this week and 12% on the month despite this temporary improvement. The SHIB is now trading in a very important weekly support area and seems to be stabilizing.

The burn rate of SHIB increased 480.45% in the previous day, and more than 5.8 million tokens were taken off the market. 

When this support zone is occupied, and market selling pressure ends, a bull swing may be appreciated. Analysts believe such a move might lift SHIB above the $0.0000075 level in the short term.

MemeCore Price Jumps 22% as Traders Eye Return to $2 Mark

MemeCore price surged by 22.34% in the past 24 hours, climbing to $1.49 as bullish momentum returned. The increase in the volume of derivatives by 2.4 million shows more interest on the part of traders in the speculation.

This recovery follows a previous oversold position of MemeCore, which resulted in a drastic recovery. 

Daily trade volume increased by 28% to $16.1 million, positioning MemeCore as one of the best performing coin in the market today. The rally was further fueled by Hyperliquid’s recent unveiling of ‘HIP-4’ for prediction markets. 

As MemeCore is experiencing renewed hype and robust market action. The price might keep increasing further, possibly topping the $2 mark in the near future, should the bullish trends persist.

What’s Next for Dogecoin, Shiba Inu And MemeCore?

Dogecoin is recovering and could surge upwards. Shiba Inu can be considered sustainable as sentiment is improving. With fresh interest, MemeCore acquires great impetus. These meme coins might extend their rallies if the market remains bullish as it becomes stable.

Advertisement

Frequently Asked Questions (FAQs)

1. What caused the recent surge in meme coin prices?

The surge follows a broader crypto market recovery and renewed investor interest.

2. Why is MemeCore gaining so much attention?

MemeCore surged 22% after entering oversold territory and strong trading activity.
coingape google news

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

DOGE

Dogecoin

$0.10860544 3.49% (24h)

24 Hours volume

$2.01B

Market Cap

$16.2B

Max Supply

NA

Buy $DOGE with MEXC
About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.