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Meme coins fared well today as the crypto market rejoiced owing to a potential ceasefire between Israel and Iran. Non-Playable Coin ($NPC) took the top spot today, rising by nearly 45% to reach closer to the $1 mark.
BeInCrypto has analysed two other meme coins that posted gains high enough to make them worthy of investors to watch.
dogwifhat ($WIF)
- Launch Date – December 2023
- Total Circulating Supply – 998.92 Million $WIF
- Maximum Supply – 998.92 Million $WIF
- Fully Diluted Valuation (FDV) – $861.32 Million
- Contract Address – EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm
$WIF price has surged by nearly 25% in the last 24 hours, currently trading at $0.861. This price increase is largely driven by the broader market’s bullish momentum, suggesting that $WIF is benefiting from positive market conditions.
The Ichimoku Cloud indicates bullishness for $WIF, suggesting that the meme coin may continue its upward trend. If $WIF manages to secure $0.851 as support, it will likely pave the way for further gains, pushing the price towards $0.950. Reaching this level would bring the $1.000 target closer.
However, if $WIF fails to secure $0.851 as support, it risks a decline. A drop below this level could push the price down to $0.752, invalidating the current bullish thesis. This would suggest that the recent upward momentum is losing steam, with further declines possible.
Launchcoin on Believe (LAUNCHCOIN)
- Launch Date – January 2025
- Total Circulating Supply – 999.87 Million LAUNCHCOIN
- Maximum Supply – 1 Billion LAUNCHCOIN
- Fully Diluted Valuation (FDV) – $108.80 Million
- Contract Address – Ey59PH7Z4BFU4HjyKnyMdWt5GGN76KazTAwQihoUXRnk
Launchcoin has experienced a 22% rise over the last 24 hours, currently trading at $0.108. The altcoin is now testing the resistance at $0.114, aiming to break through this level for further gains. The recent surge indicates growing interest from investors amid broader market optimism.
Securing $0.114 as support is critical for Launchcoin to recover the 62% losses it experienced over the last 12 days. If the meme coin can hold above this level, it will have a shot at reaching $0.140. This would mark a significant recovery, restoring confidence in Launchcoin’s price potential.
However, if Launchcoin faces increased selling pressure from investors, it risks falling below the $0.100 support level. A drop to $0.087 or lower would invalidate the bullish outlook for the meme coin, signaling further downside.
Small Cap Corner – Non-Playable Coin ($NPC)
- Launch Date – August 2023
- Total Circulating Supply – 8.05 Billion $NPC
- Maximum Supply – 8.05 Billion $NPC
- Fully Diluted Valuation (FDV) – $122.89 Million
- Contract Address – 0x8ed97a637a790be1feff5e888d43629dc05408f6
$NPC has outperformed top meme coins, posting a remarkable 45% rise in the last 24 hours. Currently trading at $0.0154, the meme coin is approaching the resistance level of $0.0156. This surge highlights the strong interest in $NPC and its potential for further growth if it can surpass the resistance.
The Relative Strength Index (RSI) for $NPC is positioned in the positive zone above the neutral mark, signaling increasing bullish momentum. This indicates that momentum is gaining strength and could support a breakthrough above $0.0156. If the resistance is flipped into support, $NPC could rise toward $0.0174.
However, if $NPC fails to break through $0.0156, it risks a pullback. A fall below this level would bring the price to $0.0136. Should the support at $0.0136 break, the altcoin could drop further to $0.0121, invalidating the bullish outlook and signaling a potential bearish movement.