The meme coins market suffered a slight decline today, falling by 3.3% to reach $87.41 billion over the last 24 hours. Nevertheless, some meme tokens managed to make their way out upwards.
BeInCrypto has analysed three meme coins for the investors to watch, as they post gains today.
Rekt (REKT)
- Launch Date – November 2024
- Total Circulating Supply – 420.69 Trillion REKT
- Maximum Supply – 420.69 Trillion REKT
- Fully Diluted Valuation (FDV) – $278.48 Million
- Contract Address – 0xdd3b11ef34cd511a2da159034a05fcb94d806686
REKT has surged by 14% today, trading at $0.000000659, marking a significant uptick after a week-long rise of 51.5%. This price action signals strong momentum for the token. The next challenge for REKT is to breach the resistance at $0.000000686, a key level for further growth.
Should REKT successfully break past the $0.000000686 resistance, it could propel the meme coin toward the next resistance at $0.000000745. This level could offer substantial returns for investors, reinforcing the uptrend.
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However, if the recent rise fails to sustain itself, REKT may face a pullback. A decline toward the support of $0.000000563 is possible, which would undermine the bullish outlook. Losing this support would signal a reversal, invalidating the ongoing positive trend for REKT.
Useless (USELESS)
- Launch Date – May 2025
- Total Circulating Supply – 999.94 Million USELESS
- Maximum Supply – 1 Billion USELESS
- Fully Diluted Valuation (FDV) – $321.89 Million
- Contract Address – Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk
USELESS price is up 15% today, currently trading at $0.318, nearing its all-time high (ATH) of $0.382. This surge follows positive market sentiment, indicating strong bullish momentum for the meme coin. If the momentum continues, USELESS could potentially surpass its previous ATH and make significant gains.
USELESS is on track to break its ATH of $0.382 and move towards $0.449, assuming the coin bounces off its support level at $0.310. For this to happen, investor confidence is crucial, as any sell-off could hinder further upward movement.
However, if USELESS fails to hold the support of $0.310, it could experience a significant pullback. In such a scenario, the price may drop to $0.222, invalidating the current bullish outlook.
Small Cap Corner – Bobo Coin (BOBO)
- Launch Date – July 2024
- Total Circulating Supply – 66.40 Trillion BOBO
- Maximum Supply – 69 Trillion BOBO
- Fully Diluted Valuation (FDV) – $54.04 Million
- Contract Address – 0xb90b2a35c65dbc466b04240097ca756ad2005295
BOBO has risen 51% over the past week, currently trading at $0.0000007893. The meme coin faces resistance at $0.0000008077, which it needs to breach for further gains. Continued bullish sentiment is necessary to push past this barrier and drive BOBO toward higher price levels in the coming days.
The 50-day EMA is close to crossing over the 200-day EMA, signaling a potential Golden Cross. This pattern is often a bullish indicator, suggesting that BOBO could break past the $0.0000008077 resistance. If this happens, the altcoin may rise to $0.0000009000, further strengthening its upward momentum.
However, if investor sentiment shifts and profit-taking begins, BOBO could face a pullback. If the altcoin falls below its support of $0.0000006477, the bullish outlook will be invalidated, and a deeper correction may occur. This would result in significant losses for those holding positions.
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Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
