- 1 PONKE and HOPPY are flashing early bullish signs for the month ahead.
- 2 Analysis showed that the DADDY bottomed out and is ready for a pullback.
As the crypto market goes through the bull and bear cycles, smart money seeks memes coins that can thrive in a bear market.
The memecoin sector suffered a significant blow in June when the heavy weights including Bitcoin (BTC) and Ethereum (ETH) fell sharply.
However, new trends emerging in the market accompanied by an increase in social activity are worth buying at the current price levels. Below is a list of three memes coins with the possibility of continuing their bullish moves in the next sessions.
DADDY TATE (DADDY) Initiated Reversal: What’s Next?
Social media influencer Andrew Tate’s DADDY token has gained focus and surged by over 30% in the past 24 hours.
After the video shot by Andrew Tate appeared, DADDY picked up steam. In the video, Tate encouraged the holders of the memecoin to attend what he dubbed as his University, The Real World.
Tate gave 72 hours to build up to DADDY, hinting at a massive reveal targeting to solve what he considered as flaws in the crypto world.
DADDY Price Chart by TradingView
Its market cap soared to $92 Million and noted a massive rise of over 50% over the last three trading sessions.
Trading at $0.153, DADDY coin reverted from its lowest trajectory support mark of $0.0700 and initiated a reversal in the past few trading sessions. It showed signs of accumulation and gained traction.
PONKE Rose Over 35% this Week
PONKE is a character-based token on the Solana network and is characterized by the user, a degenerate gambler.
PONKE Price Chart By TradingView
At press time, PONKE was trading at $0.431 with an intraday gain of 2.31%, reflecting a bullish stance on the chart. Market cap stood at $239.47 Million with a total supply at 555.55 million.
On the daily chart, a bullish flag pattern was observed. The token could trigger a breakout soon. Once it crosses the $0.500 hurdle, a rise is likely.
Could HOPPY Continue to Expand Gains?
HOPPY is an Ethereum based memecoin and is named after the comic book named, The Night Rider.
The price of HOPPY token surged over the weekend even as the crypto market plummeted. It rose by over 75% last week and in the process, the market cap rose over $51 Million.
At press time, HOPPY was trading at $0.000121 with an intraday gain of 1.21%, revealing an uptrend on the chart.
HOPPY Price Chart by TradingView
In the past few trading sessions, it moved drastically and demonstrated a sharp increase in investor interest. Yesterday, the token marked its ATH at $0.000153 and decisively held the gains in the upward trajectory.
It continued to make higher high swings and traded inside a rising parallel channel on the chart. Analysts gave a bullish outlook and suggested that it might perform well in the upcoming sessions.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
