Memecoin ($MEME) Crypto Forecast: Up 5.2% Today

What is Memecoin?

MEME is a cryptocurrency token popular for its meme-inspired branding and community-oriented approach. The market for meme coins is known for its high volatility and speculative nature.

Why is Memecoin going up?

MEME crypto is up 5.2% on Nov 21, 2024 18:02

• The recent bullish movement in MEME is likely due to the hype surrounding meme coins, as investors look to make quick profits in a speculative environment.
• Concerns raised by industry figures like Sandeep Nailwal about rug pulls and regulatory actions against memecoins may have prompted investors to act swiftly, leading to increased buying activity for MEME.
• Reports of a CHILLGUY investor making significant profits in a short timeframe may have added to the positive sentiment and fear of missing out (FOMO) among traders, contributing to the upward trend.
• Despite the impressive gains, market observers will monitor MEME closely to see if it can sustain its popularity and avoid the challenges that have impacted other meme coins in the past.

MEME Price Chart

MEME Technical Analysis

MEME News

Why Chillguy Meme Creator is Threatening For Legal Action After Memecoin Blew 4000%?

Why Chillguy Meme Creator is Threatening For Legal Action After Memecoin Blew 4000%?

https://coingape.com/trending/why-chillguy-meme-creator-is-threatening-for-legal-action-after-memecoin-blew-4000/

Polygon’s Sandeep Nailwal warns memecoin rug pulls like QUANT may invite regulatory crackdown

Polygon’s Sandeep Nailwal warns memecoin rug pulls like QUANT may invite regulatory crackdown

https://cryptoslate.com/polygons-sandeep-nailwal-warns-memecoin-rug-pulls-like-quant-may-invite-regulatory-crackdown/

CHILLGUY Investor Turns $22K Into $2.48M Profit In Days

CHILLGUY Investor Turns $22K Into $2.48M Profit In Days

https://coincu.com/293254-chillguy-investor-turns-22k-into-2-48m-profit/

QUANT pumps 71K% in 6 hours as teenager’s failed rugpull angers crypto community

QUANT pumps 71K% in 6 hours as teenager’s failed rugpull angers crypto community

https://ambcrypto.com/quant-pumps-71k-in-6-hours-as-teenagers-failed-rugpull-angers-crypto-community/

Just a chill guy: Can the TikTok memecoin maintain its +10,000% hype?

Just a chill guy: Can the TikTok memecoin maintain its +10,000% hype?

https://ambcrypto.com/just-a-chill-guy-can-the-tiktok-memecoin-maintain-its-10000-hype/

Trending Today

Litecoin ($LTC) Crypto Forecast: Up 6.5% Today

dogwifhat ($WIF) Crypto Forecast: Up 5.2% Today

Ethereum ($ETH) Crypto Forecast: Up 10.0% Today

Bitcoin ($BTC) Crypto Forecast: Up 5.0% Today

GMT ($GMT) Crypto Forecast: Up 8.8% Today

Pepe ($PEPE) Crypto Forecast: Up 11.1% Today

Internet Computer ($ICP) Crypto Forecast: Up 5.7% Today

Dogecoin ($DOGE) Crypto Forecast: Up 5.7% Today

Toncoin ($TON) Crypto Forecast: Up 5.3% Today

XRP ($XRP) Crypto Forecast: Up 13.3% Today

Memecoin Price History

21.10.2024 - MEME Crypto was down 6.1%

• MEME experienced a strong bearish movement, possibly influenced by the broader trend of meme coins in the market.
• The positive news surrounding Floki and BONK, with double-digit gains and new ATHs, may have diverted attention and investment away from MEME.
• Mentioning a potential new ATH for POPCAT despite a 22% fall in value could have shifted investor focus towards other meme coins, contributing to MEME's decline.
• The overall "meme coin bloodbath" where multiple tokens like PEPE, WIF, PNUT, and POPCAT dumped by double digits could have created a sentiment of caution among investors, impacting MEME's performance.

21.10.2024 - MEME Crypto was up 5.2%

• The recent bullish movement in MEME is likely due to the hype surrounding meme coins, as investors look to make quick profits in a speculative environment.
• Concerns raised by industry figures like Sandeep Nailwal about rug pulls and regulatory actions against memecoins may have prompted investors to act swiftly, leading to increased buying activity for MEME.
• Reports of a CHILLGUY investor making significant profits in a short timeframe may have added to the positive sentiment and fear of missing out (FOMO) among traders, contributing to the upward trend.
• Despite the impressive gains, market observers will monitor MEME closely to see if it can sustain its popularity and avoid the challenges that have impacted other meme coins in the past.

20.10.2024 - MEME Crypto was down 5.1%

• A recent bearish trend in MEME is possibly linked to a rug pull incident involving a trader who reaped $30k in profits at the expense of missing out on $4 million gains. This event could have eroded investor trust in the token.
• The emergence of Memecoin Launchpad GraFun on Ethereum may have shifted focus and investments away from MEME, leading to a negative impact on its price.
• Comparisons between MEME and Dogecoin, as seen in a PEPE analysis, may have set overly positive expectations, resulting in disillusionment among investors and subsequent selling pressure.
• An incident where a Gen Z trader executed a rug pull on MEME during a livestream, prompting a community backlash and causing the token to plummet to $80M, likely triggered panic selling among other investors and contributed to the bearish trend.

20.10.2024 - MEME Crypto was down 9.8%

• The bearish movement of MEME token today could be attributed to profit-taking by investors after a period of strong gains.
• The expansion of meme coin platforms like GraFun to Ethereum for increased visibility may have diverted some attention and investment away from MEME token.
• The news about TikTok meme coin CHILLGUY hitting a $500 million market cap could have shifted market sentiment towards other meme coins, impacting the performance of MEME token.
• The overall uncertainty and speculation surrounding meme coins, as highlighted by the coverage of the Crypto kid missing out on significant gains, may have contributed to the bearish movement of MEME token today.

20.10.2024 - MEME Crypto was down 5.7%

• The bearish movement in MEME today could be attributed to the incident where a Gen Z trader rug pulled the token during a livestream, leading to a significant drop in its value.
• The market sentiment towards memecoins like MEME might have been impacted by the contrasting performances of other tokens like POWSCHE and FLOKI, which have seen significant gains and are attracting attention.
• The dip in MEME's price could also be influenced by the broader trend of profit-taking and consolidation in the memecoin sector, as seen with the fluctuations in tokens like DOGE and SHIB.
• Investors in MEME might be cautious following the recent price volatility, waiting to see if a bullish rebound is on the horizon amidst the ongoing memecoin mania.

20.10.2024 - MEME Crypto was down 7.8%

• MEME's bearish movement today could be attributed to profit-taking by investors after a recent price surge.
• The overall market sentiment in the cryptocurrency space might have influenced MEME's decline, with investors possibly shifting focus to other tokens like FLOKI and SHIB.
• Potential bullish rebounds for tokens like GOAT and Dogecoin could have diverted attention and investment away from MEME, contributing to its bearish movement.
• The high burn rate spike in Shiba Inu and the optimistic outlook for Dogecoin's price milestone could have overshadowed MEME's performance, leading to a sell-off in the token.

19.10.2024 - MEME Crypto was down 6.0%

• MEME experienced a strong bearish movement today, possibly influenced by profit-taking or market sentiment.
• The bullish rebound in GOAT and the potential rally in SHIB and Dogecoin may have diverted investor attention away from MEME, leading to selling pressure.
• The sharp spike in RIZO crypto's gains might have attracted traders away from MEME, contributing to its bearish movement.
• Overall, the competitive dynamics within the cryptocurrency market and the shifting investor interests in meme-based tokens could have played a role in MEME's bearish performance today.

20.10.2024 - MEME Crypto was down 5.3%

• MEME witnessed a significant bearish trend today, possibly influenced by the widespread sell-off in meme coins like PEPE, BONK, WIF, PNUT, and POPCAT, all of which recorded double-digit declines.
• The strong performance of BONK, achieving an all-time high post-listing on Upbit, might have shifted focus and investments away from MEME, impacting its bearish movement.
• The rise of TikTok meme coin CHILLGUY, reaching a $500 million market cap, could have diverted investor interest from MEME, contributing to its price decline.
• The expansion of memecoin platform GraFun to Ethereum for enhanced visibility may have redirected market attention towards other meme coins, leading to MEME's bearish movement.

20.10.2024 - MEME Crypto was down 6.7%

• The bearish movement in MEME today could be attributed to a recent incident where a rug pull during a livestream caused a significant drop in the token's value, leading to a sell-off by panicked investors.
• Despite the negative impact on MEME, the broader memecoin market seems to be experiencing a mixed trend, with some tokens leading the rally while others are consolidating, indicating a shifting sentiment among meme coin investors.
• The expansion of Memecoin Launchpad GraFun to Ethereum may have diverted attention and investment away from MEME temporarily, contributing to its bearish movement as traders explored new opportunities in the market.
• The comparison of PEPE's price pattern to Dogecoin's 2021 performance might have set unrealistic expectations for MEME investors, leading to disappointment and profit-taking, further exacerbating the bearish movement of the token.

19.10.2024 - MEME Crypto was down 5.2%

• MEME token likely experienced a bearish movement due to the overall consolidation and potential buying zone entry of meme coins like DOGE, PEPE, and SHIB.
• The spike in Shiba Inu's burn rate and the anticipation of a rally in Dogecoin might have shifted investor focus away from MEME, leading to the bearish movement.
• The market's attention towards meme coins with potential rallies and significant gains like RIZO could have diverted capital from MEME, contributing to its bearish performance today.

21.10.2024 - MEME Crypto was down 5.2%

• MEME experienced a strong bearish movement today, likely influenced by the broader sell-off in meme coins such as PEPE, BONK, WIF, PNUT, and POPCAT.
• Despite the overall bearish sentiment, BONK managed to hit an all-time high after being listed on Upbit, showcasing the potential for individual meme coins to defy market trends.
• The expansion of memecoin platform GraFun to Ethereum could have contributed to increased visibility and interest in meme coins, potentially diverting attention and investment away from MEME.
• The news of TikTok meme coin CHILLGUY reaching a $500 million market cap may have drawn investor focus away from other meme tokens like MEME, leading to a decline in its value.

21.10.2024 - MEME Crypto was down 5.8%

• MEME saw a significant decrease in value today amid a market downturn affecting meme coins.
• Investor focus might have shifted from MEME to Floki due to the latter's substantial gains post a Coinbase listing, leading to increased selling pressure.
• Despite the potential for a new all-time high, POPCAT experienced a 22% decline, potentially contributing to negative market sentiment impacting MEME.
• The widespread decline in value of other meme coins such as PEPE, BONK, WIF, PNUT, and POPCAT likely had a spillover effect on MEME's price.
• CHILLGUY's achievement in reaching a $500 million market cap may have attracted speculative interest away from MEME towards other meme coins.