Despite a significant correction in the cross-border market, with top tokens recording significant drops, mid-cap and low-cap altcoins have gained significant attention from crypto investors by adding massive value to their valuations within a short period.
Planning on investing in memecoins for the upcoming memecoin mania? Scroll down as, in this article, we have covered the top 3 memecoins that have the potential to record a surge of up to 10X in their respective portfolios during the coming time.
Mumu the Bull (MUMU) Price Action:
Built on the Solana chain, the MUMU price has gained massive attention from the crypto space this year. Notably, this memecoin has surged 119% within the past week and 435% over the past month. Further, it has rewarded its long-term investors with a YTD return of approximately 1,000%.
With a trading price of $0.00009475, a circulating supply of 2.28 Trillion, and a total supply of 2.33 Trillion MUMU tokens, the Mumu the Bull price has secured the 226th position in the global crypto-list with a market capitalization of $215.71 Million.
Furthermore, this memecoin has formed a parabolic sar pattern in the 1D time frame with its technical indicators recording a bullish trend. This highlights a positive outlook for the MUMU memecoin in the coming.
WHY (WHY) Price Action:
Built on the BNB Smart Chain (BEP20), the WHY memecoin instantly gained momentum and recorded a massive uptrend in its valuation. Notably, this memecoin has an all-time high (ATH) of $0.0000003202 and is currently trading at a discount of only 8.4%.
It has jumped approximately 5% in valuation within the past day and 17% over the past seven days. Furthermore, it has gained 118.36% from inception and has skyrocketed 2,553% from its all-time low (ATL) of $0.00000001153.
Moreover, with a trading price of $0.0000003056 and a circulating supply of 420 Trillion WHY tokens, this memecoin has secured the 295th position in the global cryptocurrency market list with a market capitalization of $128.37 Million.
Mog Coin (MOG) Price Action:
The Mog coin price has bounced between ±10% range over the past month. However, it is the most successful memecoin of the Ethereum chain this year and has rewarded its investors with a Year-to-Date (YTD) return of approximately 4,500%.
Positively, it has formed an ascending channel pattern in the 1D time frame and has continued to trade within it since mid-June, highlighting a strong bullish sentiment for the memecoin in the crypto market. Further, its technical indicators record a bullish convergence in their respective charts.
If the market continues to trade under a bullish sentiment, the MOG price will prepare to break out of its resistance level of $0.0000024725 and achieve a new all-time high (ATH) during the coming time.