Will it surpass Dogecoin and Shiba Inu? Cat-themed meme coins are the latest hot trend on DEX platforms.
“Cat in a Dogs World” (MEW), the Book of Meme-inspired “Book Of Meow” (BOMEOW), and “Kitten Haimer” (KHAI) are some of the hottest meme tokens in the niche. This is the department.
In particular, $MEW and $BOMEOW are currently trending within the top 10 tokens on CoinMarketCap and DEXScreener, respectively.
KHAI’s jump to $1.4 today marks a 67% rise in the past 24 hours and highlights the volatility in the meme coin market. Memecoin price predictions fluctuate rapidly, reflecting broader crypto market sentiment. Let's take a look at their technical outlook and price chart.
Cat in a Dogs World (MEW) Price Prediction
MEW, or “Cats of the Dog World,” is currently trading at $0.007175, with a 24-hour trading volume of approximately $200 million. Despite a recent decline of over 15%, MEW maintains a solid market capitalization of $600 million, securing the #130 position on CoinMarketCap. The total circulating supply of MEW coins is limited to 88.88 billion coins.
Technical indicators highlight the pivot point at $0.00613. Key resistance levels are observed at $0.00835, $0.00933, and $0.01034, indicating a potential price upper bound. Conversely, support levels have been identified at $0.00510, $0.00430, and $0.00331, which could provide a buying opportunity. The Relative Strength Index (RSI) is 53, suggesting market momentum is neutral.
The 50-day exponential moving average (EMA) at $0.00663 is supporting the price and we are seeing a bullish engulfing candlestick formation indicating a possible uptrend. Additionally, a bullish crossover above the 50 EMA strengthens the positive outlook.
While MEW appears to be in a bullish phase above $0.00613, a break below this level could trigger a significant decline, making these technical thresholds important in determining MEW's market trajectory. character becomes apparent.
Book Of Meow (BOMEOW) Price Prediction
The price of Book Of Meow (BOMEOW) is up 50% to $0.018, reflecting market interest in the token, which takes inspiration from the controversial Solana meme coin $BOME.
$BOMEOW is trending around the $0.017 pivot point, with immediate resistance levels at $0.020, $0.023, and $0.026.
These numbers represent potential hurdles that BOMEOW must overcome to maintain its upward trajectory. On the contrary, support levels are set at $0.014, $0.010, and $0.007, which are important to maintain price stability during a pullback.
Technical analysis highlights bullish sentiment with a relative strength index (RSI) of 70, suggesting solid buying momentum.
Additionally, a bullish candlestick pattern and price stance above the 20-day exponential moving average (EMA) of $0.013 support the case for a continuation of the uptrend.
In conclusion, Book Of Meow's market trend is bullish above $0.017. A continued move beyond this pivot could lead to further price increases.
Kitten Haimer (KHAI) Price Prediction
Kitten Heimer (KHAI) experienced a dramatic rally, with its price soaring nearly 74% to $1.3084, attracting significant market attention. The sharp rise in the new meme coin has drawn attention to its trading indicators, with a pivot point set at $1.26.
Currently, resistance levels are noted at $1.48, $1.62, and $1.78, indicating potential zones where price momentum could encounter difficulties.
Conversely, support levels are set at $1.11, $0.98, and $0.88, which could provide stability in case of a decline.
The Relative Strength Index (RSI) of 73 suggests KHAI is entering overbought territory, indicating strong buying activity.
Additionally, a bullish engulfing candlestick pattern on the 2-hour chart is consistent with the 50-day exponential moving average (EMA) at $1.27, suggesting sustained upward pressure. This technical setup indicates a possible continuation of the bullish trend toward the 261.8% Fibonacci extension level at $1.48. Considering the current market dynamics and technical indicators, KHAI shows a bullish stance above the $1.26 threshold.
cat meme coin sector
New meme coins with different themes are launched every day, and this week's trending cat token is, as expected, different from the one that topped the DEXScreener charts in late March.
Cat meme coins are pumping, let’s go… pic.twitter.com/chFL9VmUrL
— Mark Kelly (@TodayTraderMark) March 30, 2024
The key is often to get in early before the price of a meme coin explodes on the exchanges. For those looking for new opportunities outside of the cat meme coin niche, new Doge-related tokens are also in high demand alongside sloth-themed tokens after the Slerf token went viral around the world. crypto space.
Dogecoin20 (DOGE20) and Slothana (SLOTH) are two meme coins that are still in the pre-sale stage and are expected to launch in April.
DOGE20 has raised over $10 million in its ICO, and SLOTH has raised over $7 million at the time of writing, with support from popular YouTube analysts such as TodayTrader, who bought the new meme coin in a recent video.
