Dogecoin, Shiba Inu, Pepe, and Pump. Fun as Crypto Market Recovers

Meme coins have experienced a surge in prices, with popular tokens like Dogecoin, Shiba Inu, Pepe, and Pump seeing positive growth. The meme coin market capitalization is 44.5 billion, which indicates a 1.9% growth over the past 24 hours.

This is occurring as the overall cryptocurrency market has also recovered and increased 1.17 to a new high of $3.02 trillion. Other significant cryptocurrencies like Bitcoin, Ethereum, Solana, and XRP have experienced minimal gains as well. 

Market observers are on the alert, awaiting the Federal Reserve’s ruling on interest rates.

Dogecoin Price Holds Steady, Eyes $0.15 Target

Dogecoin price has seen a slight increase of around 0.6% over the last 24 hours, holding steady near the $0.1246 mark.

In spite of this slight increase, the cryptocurrency remains in a tight trading range.

As this trend may persist, the long-term DOGE projection may be heading towards the target of $0.15 in the near future.

Shiba Inu Price Prediction: Key Levels To Watch

As of the reporting, the Shiba Inu price traded at $0.00000773.   The Shiba Inu market has encountered significant resistance at the $0.00000850 level and has been unable to break above it in the recent price action. 

The Moving Average Convergence Divergence (MACD) indicates a neutral trend. The MACD line is directly on the signal line, and this may indicate that it could be getting a slight positive movement. The Relative Strength Index (RSI) stands at 47.91, meaning SHIB is neither overbought nor oversold.

Should the future Shiba Inu outlook overcome the resistance of $0.00000850, it may target the level of $0.000009. On a negative side, a decline below $0.00000750 may pull the price down to the stage of 0.0000070.

Pepe Coin and Pump.fun Surge as Market Sentiment Improves

The past week has been bullish as Pepe coin (PEPE) has risen up to $0.000004971. Nonetheless, recent highs have some signs of hesitation, which is an indication of potential market indecision.

Any breakout beyond the $0.000005 resistance would signal a potential bullish continuity and any failure may result in a correction. The market capitalization has risen to 341.56 million, and the open interest has risen by 1.28%. The horizontal service at $0.000004 is the critical level to observe in case of a downward trend.

Pump.fun (PUMP) price is seeing a strong rebound, trading above $0.003. The coin has shot up by 28% in the past 24 hours, as a result of a strong bullish trend. The token regained the $0.003 support, which is an indicator of investor confidence.

Meme coin launchpad, its meme coin exchange initiative, has already reported results of a strong revenue, which has been rising over five consecutive days, reaching up to $2.3 million. 

The trading fees have increased by 21% in total revenue, and open interest in PUMP futures has gone up by 33% in the 24 hours, which is also a positive indicator of the market.

What’s Next For Meme Coins Price?

Dogecoin, Shiba Inu, Pepe, and Pump.fun are all top meme coins that are growing in a larger crypto market recovery. Although short-term gains can be realized, they are volatile and thus caution is required.