Memecoins have taken the spotlight this crypto cycle and it looks like they will continue to do so. Despite the latest Bitcoin (BTC) dip, Bitcoin, altcoins, and memecoins have already begun rising once again. It seems the dip was a much needed market correction and most traders are taking advantage of the unexpected drop.
With Bitcoin (BTC) already racing to meet its recently set ATH still in the $69,000 range, all altcoins too are painting bullish signals on their price charts. Many analysts are highlighting patterns that could lead to significant gains for specific altcoins such as UNI, VET, XRP, and BEFE. We shall soon see if the price spikes will arrive before or after the Bitcoin Halving event.
More interestingly, memecoins have been taking the lead in this crypto bull cycle. Traditionally, memecoins surge at the end of the crypto bull cycle. Many analysts consider this a bullish sign for crypto as memecoins surging signals the arrival of retail investors who make safe entries through friendly memecoins.
Meanwhile, amidst the latest dip many analysts speculate the real altseason to arrive as opposed to have already arrived. This means memecoins and altcoins are yet to make there significant surges. This is intriguing especially considering that popular memecoins have already made 10x gains over the last two weeks.
For instance, SHIB and FLOKI both rose by 100%-300% in a matter of weeks. In fact, both assets surged so much that their communities initiated token burns to further propel the price. SHIB already saw a surge after its burn while the Floki community awaits its token burn event later this week.
Similarly, DOGE and WIF also saw good surges in price during the same time along with PEPE and BONK. A prominent analysts highlighted Shiba Inu (SHIB), FLOKI, Dogecoin (DOGE), and dogwifhat (WIF) as memecoins that are still early in the crypto bull cycle. This means he expects the assets to make greater pumps in the following months.
The question is will these memecoins moon alongside BEFE before or after the Bitcoin (BTC) halving event? BEFE is another promising meme token that has garnered over 50,000 community members in a very short time.
BEFE was launched late last year with zero fees and no presales. According to CoinGecko, the asset is up by over 263% since its listing. You can find BEFE on Pancakeswap, Uniswap, and IceCreamSwap by swapping BNB, ETH, and BRISE. BRISE holders can also stake BRISE to earn more BEFE.
All in all, the memecoin sector is set to pump parablically in the thick of the ongoing crypto bull market. Make sure to keep your sights on Shiba Inu (SHIB), BEFE, Dogecoin (DOGE), dogwifhat (WIF), and PEPE.
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The post Top 5 Proven Meme Coins of the Crypto Space: Shiba Inu, BEFE, Dogecoin, dogwifhat, and PEPE appeared first on Crypto News Land.
