Meme coins have continued to capture attention throughout Q3, even as the broader crypto market remained subdued. As we move into Q4, some of these coins show promising signs of growth. Here are 5 meme coins to keep on your radar in October, according to BeInCryptoâs analysis:
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đč 1. First Neiro on Ethereum (NEIRO)
Launched: September 2024
Recent Performance: Surged by 4,313% to an ATH of $0.00137
Outlook:
Bullish: NEIRO could continue its uptrend, targeting $0.00250.
Bearish: Failure to breach the ATH could see it drop below $0.00103 with a potential fall to $0.00076.
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đč 2. Baby Doge Coin (BabyDoge)
Recent Rally: Up 131% in the past month
Current Price: $0.000000002241
Outlook:
Bullish: A breach of $0.000000002571 could propel BabyDoge toward its ATH of $0.000000003800.
Bearish: Failing to sustain momentum may cause a drop back to $0.000000001968, invalidating its bullish trend.
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đč 3. Shiba Inu (SHIB)
Current Resistance: Testing at $0.00001961
Next Targets: $0.00002093 and beyond, with potential consolidation up to $0.00002976
Outlook:
Bullish: Breaching resistance could set the stage for SHIB to break out of its 3.5-month-old range.
Bearish: A failed breakout could drag SHIB down to $0.00001699 or even further to $0.00001462.
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đč 4. Mother Iggy (MOTHER)
All-Time High (ATH): $0.242
Current Position: 93% below ATH
Outlook:
Bullish: Octoberâs bullish sentiment might help MOTHER surpass $0.242, but it first needs to flip $0.149 into support.
Bearish: Failure to breach ATH could send MOTHER below $0.10, possibly down to $0.051 if $0.092 is lost.
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đč 5. Dogwifhat (WIF)
Current Price Pattern: Breaking out of an ascending wedge, hinting at a 55% rally
Target Price: $3.43
Outlook:
Bullish: If broader market conditions align, WIF could hit a four-month high of $3.43.
Bearish: Failing to overcome resistance at $2.75 and $2.36 could see WIF fall back to its support at $2.01.
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đ„ Conclusion:
Meme coins continue to surprise the crypto space with their volatility and potential for explosive gains. However, investors should remain cautious as these assets can see sharp corrections. Keep an eye on these 5 meme coins in October as they could offer significant opportunities for savvy traders.
