$Top 3 Ethereum Meme Coins Worth Considering in June
1) Shiba Inu (SHIB)
Shiba Inu (SHIB) stands out as a meme- based cryptocurrency, initially conceived as a playful tribute to Dogecoin. Its robust social media presence, strategic token burns to manage supply, and ongoing ecosystem development are key factors underpinning its potential.
-Market Overview:
-Price: $0.000026
-Market Cap: $14.7 billion
24-hour Trading Volume: $250 million
Should current support levels hold, a breach of the $0.00003 resistance could signal a shift in market sentiment towards buying on dips. This breakout may propel SHIB towards $0.000038, and potentially $0.000054.
2) Floki (FLOKI)
Floki emerges as another meme-inspired cryptocurrency, originating from an affectionate nod to Elon Musk's Shiba Inu dog. Central to its ecosystem is Valhalla, an NFT gaming metaverse offering rewarding experiences such as battles and asset trading.
-Market Overview:
- Price: $0.0000259
-Market Cap: $2.44 billion
With ongoing supply pressure, a potential 20% price decline could seek support at the ascending trendline. A subsequent rebound from this level might propel FLOKI beyond the $0.0000313 barrier.
3) MAGA (Trump) MAGA Coin, also known as TRUMP, draws inspiration from the "Make America Great Again" slogan associated with former U.S. President Donald Trump. It aims to amalgamate political finance (PoliFi) with conventional cryptocurrency principles, targeting Trump supporters and conservative agendas.
-Market Overview:
- Price: $14.7
-Market Cap: $637.4 million
Exhibiting an aggressive recovery rally since the second week of May, TRUMP surged 256% from its $4.12 support level. Sustaining this momentum could pave the way for further gains, potentially reaching $22 and beyond to $25.
