There is a hangover of sorts on jobbers of meme coins, with the crypto rally skipping the goof-offs of the industry. Meme coins suffered a collective 4.4 percent drop in valuation, translating to billions getting dumped, and it now stands at $55.37 billion in digital dog bones. But hold on! Joe Coin went rogue in the carnage, up 31 percent in a wild surge, further proving that in any meme coin massacre, there will always be one that moons.
Put Dogecoin and Shiba Inu out of your mind. Two underdog meme coins are gearing for a possible comeback, BeInCrypto writes, bringing out hidden gems for those or rather some few investors willing to risk in today’s market dip.
Popcat (POPCAT)
- Launch Date– December 2023
- Total Circulating Supply– 979.97 Million POPCAT
- Maximum Supply– 979.97 Million POPCAT
- Fully Diluted Valuation (FDV)– $258.85 Million
- Contract Address– 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr
That POPCAT-style purr was just about to become a hiss. A merciless 24-hour attack, one might say, made the feline altcoin plunge by 11.5% into a somewhat fragile $0.26. This drop below the $0.29 support, a level where it once ambled comfortably, was something unbelievable. Is this just a temporary plunge, or are POPCAT’s nine lives drawing to an end? POPCAT’s fortune becomes wedged by the general crypto jungle, leaning heavily on the overall market trend to take charge of its imminent steps.
Dark Ichimoku clouds harbor hopes of resurrection for POPCAT, going against its recent slight retreat. Momentum is dissipating; still, maybe some tailwinds from the broader market could rekindle interest in this meme coin. Dare to catch $0.29 being flipped into strong support. This victory would set the stage for POPCAT’s comeback as a treasure chest for gains in the near term.
POPCAT Price Analysis. Source: TradingView
Conversely, if the bears remain firm, POPCAT hovers uncertainly at $0.24. A fall into the $0.20 range would tear apart any hope the bulls might have, and the decline would continue ever deeper. Issues could arise, with increased selling pressure possibly putting the final nail in the coffin for POPCAT’s price window.
Toshi (TOSHI)
- Launch Date– August 2023
- Total Circulating Supply– 420.69 Billion TOSHI
- Maximum Supply– 420.69 Billion TOSHI
- Fully Diluted Valuation (FDV)– $187.81 Million
- Contract Address– 0xac1bd2486aaf3b5c0fc3fd868558b082a531b2b4
TOSHI’s tail is dragging. TOSHI has shed 7% in the last 24 hours being balanced on its $0.000425 lifeline tenuously. Is this just a slip or a bit of cracked armor showing? Hold on to your hats because if this level does not hold, we may be able to see TOSHI strongly traverse downward, extending the recent freefall slides. The coming days will be very pivotal-the price either stands its ground or drops off.
If the above thing were understood by you, it’s evident how that recent dip of TOSHI just might be handing it the launchpad. The Ichimoku Cloud indicated a powerful bullish storm brewing, waiting to pour down if only TOSHI can vanquish the $0.000488 resistance. Either break through that resistance, or it’s going to remain a wall of resistance. However, if the resistance turns to support: liftoff. This will send TOSHI rushing on to $0.000575, which I can assure you, will rejuvenate the altcoin well and good.
TOSHI Price Analysis. Source: TradingView
TOSHI is walking right on the edge. Price of $0.000425 stands for the last line in the sand. It’s this level that, if breached, may see the meme coin dropping to $0.000384, hence would water down any hopes of positivity. This drop is not actually a dip level; this is death on arrival. It signals a complete reversal and a wide-open avenue for greater losses.
Small Cap Corner – Joe Coin (JOE)
- Launch Date– October 2023
- Total Circulating Supply– 1 Billion JOE
- Maximum Supply– 1 Billion JOE
- Fully Diluted Valuation (FDV)– $60.28 Million
- Contract Address– 0x76e222b07c53d28b89b0bac18602810fc22b49a8
JOE’s on a tear! This meme coin just skyrocketed 34% in the last 24 hours, hitting $0.0606 and making its 9,070 holders grin. Forget a sugar rush, and just imagine JOE strapped to a rocket as it almost hit an all-time high today. Fasten your seatbelt because the surging wave could lead to bigger gains on the horizon.
JOE flirted with a peak of $0.0700 today, a tantalizing dance which ended just short of a breakthrough. But I would not have it for defeated just yet. Its bullish momentum remains strong and may have a return flight towards market activity in the next one or two days. A successful breach of that resistance will cause investor enthusiasm to surge like a wave and JOE will crest new heights.
JOE Price Analysis. Source: TradingView
JOE is hanging by a thread. If it moves away by $0.0600 worth or, $0.0500 worse, every bullish dream is crushed forever. Any dip below either of those floors is going to demolish the hope rally and consign JOE to a one-way ticket to bargain basement territory at $0.0392.
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