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  • WIF, BOME, and PEPE have been tipped to lead the next generation of meme coins to unexpected heights. 
  • WIF has been tipped to get back into the $3 mark after pulling back to $2.3

With the continuous evolution of the crypto market, a new wave of meme coins are emerging with Book of Meme (BOME), DogWifHat (WIF), and PEPE appearing as formidable contenders. Interestingly, their popularity and interest among the crypto community position them as top challengers of the long-reigning favorites – Dogecoin and Shiba Inu.

Having taken note of these emerging meme coins, whales have doubled down their activities as they “flood” exchanges with their transfers. 

End of Meme Coin Era: Whale Transfers Flood Exchanges with Shiba Inu, Dogecoin, PEPE

Book of Meme (BOME)

BOME’s uniqueness lies in its 50 billion circulating supply that could easily line it up to hit $1. In the last 90 days, this meme coin has surged by 1,468% to trade at $0.01424. According to reports, BOME is currently in a recovery phase, bouncing from a crucial Fibonacci retracement to testing a bull run. Following a previous impressive run, BOME took a significant pullback from its $0.02805 all-time high. 

Analysts have observed that this asset is crossing the halfway retracement level, a run that could take it to $0.30. Also, a surge in buying pressure is reportedly positioning it to challenge its 38.20% Fib level. This uptrend would enable BOME to reclaim the physiological level of $0.015. Interestingly, the sudden surge in trading volume is reportedly in support of the ongoing rally. 

WIF and PEPE Could Take the Lead

BOME is currently trailing WIF, one of the fastest-rising meme coins. As of press time, WIF was the fourth largest meme coin with a market cap of $2.3 billion, just behind Dogecoin, Shiba Inu, and PEPE.

Last month, it surged by almost 700% before it got trapped in the broad market “bloodbath.” On March 18, WIF became the third-largest meme coin after surpassing PEPE, however, this feat was short-lived. Within the moment, WIF briefly hit $3 before declining to the current value of $2.3. According to CoinCodex, WIF would hit $3.38 before the end of March 2024. 

Based on these Dogwifhat projections, WIF will be changing hands at $3.38 on March 26, 2024, gaining 47.59% in the process.

It is important to note that the current level was rightly predicted by an analyst identified as Bluntz and reported by Crypto News Flash. At that time, WIF was trading at $0.361886. Bluntz has always been a big fan of the Elliott Wave theory which mostly focuses on recurrent long-term price patterns. As reported, Bluntz noticed that WIF was on the second wave of the five-wave pattern, and also predicted that the asset could surge by 270% to hit $1. It is important to note that the meme coin surged by 323% from $0.0759 on January 8 to $0.361886 on January 26. After that incredible surge, WIF has never looked back. 

One of the most talked-about meme coins is PEPE. In the last 30 days, PEPE has surged by 540%, recording $0.00001074 within the period. However, the asset took a sudden nosedive to fall to the current price of $0.00000758. Interestingly, it is expected to reach its all-time high in the next bull cycle. This potential move could be fueled by the impact of Bitcoin halving. 

 


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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

John is a seasoned cryptocurrency and blockchain writer and researcher, boasting an extensive track record of years immersed in the ever-evolving digital frontier. With a profound interest in the dynamic landscape of emerging startups, tokens, and the intricate interplay of demand and supply within the crypto realm, John brings a wealth of knowledge to the table. His academic background is marked by a Bachelor's degree in Geography and Economics, a unique blend that has equipped him with a multifaceted perspective. This diverse educational foundation allows John to dissect the geographical and economic factors influencing the cryptocurrency market, offering insights that go beyond the surface. John's dedication to the crypto and blockchain space is not merely professional but also personal, as he possesses a genuine passion for the technologies that underpin this revolutionary industry. With his astute research skills and commitment to staying at the forefront of industry trends, John is a trusted voice in the world of cryptocurrencies, helping readers navigate the complex and rapidly changing terrain of digital assets and blockchain innovation. John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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