Top 5 Memecoins That Can Potentially Explode During the Upcoming Crypto Bull Run

After recording a significant over the past few days in the cross-border payment system, the crypto market continues recording a mixed price action

Amid Bearish crypto market conditions, several memecoins have managed to record a significant upside in their respective portfolios. Here are the top 5 memecoins that could explode during the upcoming crypto bull run.

1. Floki (FLOKI)

Despite the increased price volatility in the crypto space, the FLOKI price has jumped 6.17% within the past day with a trading volume of $228.83 Million. Furthermore, with a market capitalization of $1.262 Billion, it has secured the 54th position in the global crypto list.

Notably, the Relative Strength Index (RSI) has displayed a sharp rise to its halfway mark after hovering close to its oversold range. Further, it is on the verge of recording a bullish convergence, suggesting a positive outlook for the Floki memecoin in the coming time.

If the market continues to gain momentum, the Floki price will prepare to test its upper resistance level of $0.00021435 during the upcoming weeks. Conversely, a bearish reversal could result in the meme coin testing its low of $0.00010190.

2. Brett (Based) BRETT

Built on the BASE chain, the Brett project is one of the iconic project of the rapidly expanding Base ecosyatem. Positively, the growing ecosystem gives Base-based projects a strong foundation. Moreover, it allows the platform to leverage the resources and expertise of other projects in the space.

This memecoin has jumped 17.08% within the past day with a trading volume of $49.63 Million, a change of +8.19%. Further, it has dropped 12.11% within the past week and 21.22% over the past month. However, it has rewarded its long-term investors with a YTD return of 170%.

With a trading price of $0.1016, a circulating supply of 9.910 Billion and a total supply of 10 Billion BRETT tokens, it has secured the 63rd spot in the global crypto list with a market capitalization of $1.006 Billion.

3. Popcat (SOL) POPCAT

With a bullish recovery, the Popcat price has jumped 12.70% over the past 24 hours with a trading volume of $119.28 Million, a change of -5.10%. Despite recording a drop of 1.87% within the past week, it has surged 28.16% over the past 30 days and has a YTD return of 8,141.28%.

The Moving Average Convergence Divergence (MACD) has displayed a constant decline in the red histogram, indicating increased price action for the altcoin in the crypto market.

On the other hand, the RSI indicator shows a sharp rise in the POPCAT price chart with its average trendline recording a bullish convergence. This highlights a positive outlook for the memecoin during the coming time.

If the market holds the Popcat (SOL) price above its resistance level of $0.6625, the bulls will prepare to test its upper resistance level of $1 this month. However, a bearish reversal could pull the meme coin toward its lower support level of $0.330.

4. Mog Coin (MOG)

With a surge of approximately 20% within the past day, the MOG crypto has successfully managed to reclaim momentum and has surpassed its important resistance level of $0.0000018250. Inspite of recording a bearish action over the past month, it has surged 2,745% this year.

The MACD indicator has displayed a similar price action in its 1D time frame, suggesting a positive outlook for the MOG price this month. Further, the SMA shows a bullish crossover, indicating that the price will continue gaining value this week.

Maintaining the price above its support level of $0.0000015420 will set the stage for Mog Coin price to test its upper high of $0.0000021430. Negatively, a bearish action could result in this memecoin plunging toward its important support level of $0.0000012700.

5. DogeBonk (DOBO)

After a massive sell-off in the crypto market, several memecoins have managed to recover from the bearish crypto market conditions. Inspite of being down -7.23% over the past 24 hours, the DOBO price has surged 65.33% within the past week and 1,000% over the past 30 days.