
These three memcoins could spring surprises in August 2024
03.08.2024
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82The first one to be singled out by experts was Mog Coin. Since the beginning of the year, the price of the coin has increased by more than 8000% and reached an all-time high of $0.0000024 at the end of July. As a result, MOG, based on Ethereum, is attracting more and more attention from the market.
The exponential moving average (EMA) indicates that MOG may continue to grow in August. The EMA shows the direction of the trend over a certain period. Right now, the 20 EMA (blue) and 50 EMA (yellow) are below price. If the trend continues in the next few days, the memcoin exchange rate will continue to rise throughout August and reach $0.0000026.
Another memcoin that may please investors is BONK. Despite the fact that it has lost almost 13% in value, investors believe in its potential. Their optimism is due to the fact that the buying pressure on the coin is gradually growing, and if it intensifies, then BONK will return to $0.000030. If the bullish trend in the memcoin segment continues in August, the BONK rate will exceed the $0.000035 mark.
And one more memcoin may show price growth in the next few weeks. Analysts believe that it is Popcat (POPCAT), a cat-themed memcoin.
It showed positive dynamics in July, and experts believe that in August its price may exceed the mark of $1. The forecast is based on the dynamics of the RSI index. Despite the recent selling pressure, the RSI index did not fall below the neutral zone. This indicates that the bulls are protecting the rate from a serious fall.