Over the past few months, memecoins have evolved to become more than just a joke currency, with many adding more utility to attract users. As a result, they have captured the attention of retail and whale investors.
In this article, we will look at three memecoins that gained traction in 2024. They include Popcat, NEIRO, and Angry Pepe Fork.
How Will Popcat (POPCAT) Perform in Q4 After Explosive Rally
Popcat (POPCAT), the cat-themed memecoin, is one of those which showed extraordinary growth this year. The price of the Popcat coin rose from an all-time low of $0.00383 in January and soared to an all-time high of $0.9976. This was an increase of more than 15,000%, according to CoinMarketCap.
Also, the market cap of the Popcat coin soared, almost reaching the $1 billion mark. While the memecoin’s price has dropped in the past few weeks, it is showing upward movement on the weekly and monthly timeframes.
Going forward, the Popcat price is trading above the 50-day SMA ($0.59780) and 200-day SMA ($0.40283), which is a bullish sign. Coincodex forecastst that the Popcat price could increase to $0.864857 before the end of this year. On the other hand, other analysts believe it might cross the $1 mark.
Neiro (NEIRO) Rallies 1,000%
Neiro (NEIRO) gained popularity this year after the death of Shiba Inu, the mascot behind the largest memecoin, Dogecoin. The Neiro price growth has been astronomical in the past few months.
According to CoinMarketCap, the Neiro price pumped more than 1,000% from a low of $0.01321 to a peak of $0.2986 in August. Although the value of the Neiro coin has dropped in the past few weeks, it is still one of the top memecoins in the market. It has a weekly gain of 99.8% and a biweekly profit of 170.7%.
To regain its upward momentum, analysts say that the Neiro coin must surpass the resistance at the $0.017 and $0.019 region. If this happens, Coincodex forecasts a price target of $0.207374 before the end of this year. Currently, the coin’s 14-day RSI is above 50 and supports this prediction.
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Angry Pepe Fork: The Next Dogwifhat Investors Should Watch Out For
Angry Pepe Fork (APORK) is a new meme coin based on the Solana blockchain that launched this year. Analysts believe the project is set for the moon and is a good memecoin to hold.
Unlike other meme coin projects like PEPE, the Angry Pepe Fork has utility and does not depend on hype. Those who have the memecoin can stake them to earn rewards even from the presale stage.
Also, they can take part in quests and competitions to win more coins. Many market analysts have referred to Angry Pepe Fork since it is the new 100x Solana meme coin. They consider it to be the next Dogwifhat competitor that is going to take Solana memecoins to the top.
Lately, investors have been showing interest in the project and have been buying it at the current price of $0.02518. Notably, Angry Pepe Fork has a scarcity model – a limited supply of 1.9 billion coins like Bitcoin, which has 21 million. Analysts believe this approach could cause rarity in the future and lead to price appreciation.
Final Words On Memecoins Making Waves In The Market
Popcat, Neiro, and Angry Pepe Fork are the memecoins that are shaping the memeFi market this year. Analysts forecast more price increases in the coming weeks as positive momentum returns to the market. Meanwhile, they believe Angry Pepe Fork is a good memecoin to watch out for as it could be the next Dogwifhat.
Website: https://angrypepefork.com/
Telegram: https://t.me/AngryPepeFork
Twitter: https://x.com/AngryPorkCoin
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