{"id":279592,"date":"2024-04-08T20:05:19","date_gmt":"2024-04-08T14:35:19","guid":{"rendered":"https:\/\/dripp.zone\/news\/memecoins-gain-momentum-with-btc-surge-to-72k-crypto-news\/"},"modified":"2024-04-08T20:05:23","modified_gmt":"2024-04-08T14:35:23","slug":"memecoins-gain-momentum-with-btc-surge-to-72k-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/memecoins-gain-momentum-with-btc-surge-to-72k-crypto-news\/","title":{"rendered":"Memecoins Gain Momentum With BTC Surge to $72K &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Crypto Price Prediction: Following a month-long consolidation, the cryptocurrency market is witnessing a renewed recovery trend in the second week of April. The Bitcoin price rally above $70000 is influencing this buying, uplifting a majority of major coins to reclaim lost ground.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Wu Blockchain\u2019s recent tweet highlights a significant bullish sentiment among market participants as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-price-top-analyst-warns-massive-liquidation-btc-hits-71k\/\">Bitcoin<\/a> breaks through $72,000 and Ethereum surpasses $3,600. The market experienced a total of $148 million in liquidations in the last 24 hours, predominantly from short positions amounting to $103 million<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Binance shows that BTC has broken through $72,000 and ETH has broken through $3,600. In the past 24h, the entire network has experienced a liquidation of $148 million, of which short positions have been liquidated at $103 million.<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1777264535046635558?ref_src=twsrc%5Etfw\">April 8, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">However, the meme coin sectors witnessed a higher momentum, evidenced by long bullish candles in their top asset like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), and Bonk.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With Bitcoin halving just around the corner, these altcoins will likely witness further buying pressure to lead a prolonged rally.<\/span><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/crypto-prices-today-april-8-bitcoin-at-69k-ethereum-above-3400-xrp-sol-dipv\/\">Crypto Prices Today April 8: Bitcoin At $69K, Ethereum Above $3400, XRP &#038; SOL Dip<\/a><\/p>\n<h2><b>1)Floki<\/b><\/h2>\n<figure style=\"width: 1814px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/2\/2Fc9gsQW.png\" alt=\"BINANCE:FLOKIUSDT Chart \" width=\"1814\" height=\"836\"\/><\/noscript><figcaption class=\"wp-caption-text\">Floki| Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/trending\/pepe-and-flokis-similar-outflows-possible-weekly-reversal\/\">Floki<\/a> is a cryptocurrency project that\u2019s part of the wave of meme coins, but it aims to differentiate itself by providing actual utility beyond the initial hype. It\u2019s named after Elon Musk\u2019s dog and stands out by developing an ecosystem with various components, including an NFT marketplace, merchandise store, and educational platform called Floki University.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over a month, the Floki coin has traded sideways with its price resonating with two convergence trendlines of bullish pennant patterns. Amid the recent relief rally in the market, the coin price rebounded from the pattern\u2019s lower trendline at $0.000184 and surged 18% to hit $0.000217.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This upswing uplifted Floki\u2019s market cap to $2.08 Billion, while 24-hour trading volume is recorded at $16.9 Billion. However, for buyers to reclaim control over the asset, they must break out of the overhead trendline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The post-breakout rally may drive <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/floki-inu\/\">Floki Price<\/a> rally to the $0.00038 mark.<\/span><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/sponsored\/pepe-coin-pepe-and-floki-floki-fans-join-the-koala-coin-klc-hug-the-next-presale-sensation\/\">Pepe Coin (PEPE) and Floki (FLOKI) Fans Join the Koala Coin (KLC) Hug The Next Presale Sensation<\/a><\/p>\n<h2><b>2)<\/b> <b>Bonk\u00a0<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BINANCE:BONKUSDT Chart\" width=\"1946\" height=\"937\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/o\/oAKUpzs7.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/o\/oAKUpzs7.png\" alt=\"BINANCE:BONKUSDT Chart\" width=\"1946\" height=\"937\"\/><\/noscript><figcaption class=\"wp-caption-text\">Bonk| Tradingview<\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/bonk-price-prediction\/\">BONK<\/a> is a Solana-based memecoin that has gained attention for its significant rise in value and for its approach of being a community coin \u201cfor the people, by the people \u201d.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike some meme coins which have been criticized for being controlled by venture capitalists or having unclear tokenomics influenced by \u2018toxic\u2019 dynamics within the crypto industry, BONK has positioned itself as a more democratic and community-focused alternative.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The last correction trend in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/bonk\/\">BONK price<\/a> found suitable support at the $0.0000212 level, evidenced by the two notable bounce-backs within three weeks. The recent reversal bolstered by market upswing has propelled the memecoin 14.4% to hit $0.000024.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The current market cap on Bonk stands at $1.57 Billion, while the 24-hour trading volume is at $123 Million. An analysis of the daily chart reveals this reversal as the formation of a double bottom pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Under the influence of this pattern, the BONK price could cause a potential target of $0.0000378.<\/span><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/bonk-price-prediction\/\">Bonk (BONK) Price Prediction (2024, 2025 to 2030)<\/a><\/p>\n<h2><b>3) Dogwifhat (WIF)<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BINANCE:WIFUSDT Chart \" width=\"1946\" height=\"937\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/6\/6WJGKIKg.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/6\/6WJGKIKg.png\" alt=\"BINANCE:WIFUSDT Chart \" width=\"1946\" height=\"937\"\/><\/noscript><figcaption class=\"wp-caption-text\">Dogwifhat (WIF)| Tradingview<\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/dogwifhat-wif-price-jumps-15-with-trend-reversal-eyeing-new-all-time-high\/\">Dogwifhat<\/a> (WIF) is a memecoin that caught the wave of popularity surrounding the Solana blockchain\u2019s meme trend. It\u2019s characterized by its quirky mascot, a Shiba Inu dog with a hat, reminiscent of the doge meme that has been widely popular on the internet.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The WIF price rising for three consecutive days has jumped from $3.18 to $4.17, registering a 30% rally. With a market cap of $4.7 Billion, the Dogwifhat coin surged to $4.16, holding its position among the top 30 largest cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With an intraday gain of 10%, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/how-market-volatility-could-propel-wif-to-10-in-april\/\">WIF price<\/a> now challenges the $4.16 resistance, offering buyers the next stepping stone to prolong the recovery trend. With sustained buying, the Dogwihat price could hit the potential target of $4.8.<\/span><\/p>\n<h2><strong>Key Takeaway<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">With the Bitcoin halving event less than two weeks away, the cryptocurrency market is experiencing an increase in purchasing activity. This development, which could lead to a Bitcoin supply crunch, is seen as a potential catalyst for a widespread market recovery. Currently, cryptocurrencies associated with memes are at the forefront of this upward trend, suggesting an opportune moment for leveraging breakout strategies.<\/span><\/p>\n<p><noscript><link rel=\"stylesheet\" id=\"quads-style-css-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/quick-adsense-reloaded\/includes\/gutenberg\/dist\/blocks.style.build.css?ver=2.0.80\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"dscf7-math-captcha-style-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/ds-cf7-math-captcha\/assets\/css\/style.css?ver=6.3.3\" type=\"text\/css\" media=\"1\"\/><link data-minify=\"1\" rel=\"stylesheet\" id=\"logdash-activity-log-css\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/wp-content\/plugins\/logdash-activity-log\/assets\/build\/index.css?ver=1712579238\" type=\"text\/css\" media=\"all\"\/><link data-minify=\"1\" rel=\"stylesheet\" id=\"parent-style-css\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/wp-content\/themes\/mh-magazine\/style.css?ver=1712579238\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"bootstrap-css-css\" href=\"https:\/\/coingape.com\/wp-content\/themes\/coingapev3\/css\/bootstrap.min.css?ver=6.3.3\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"Carousel-css2-css\" href=\"https:\/\/coingape.com\/wp-content\/themes\/coingapev3\/css\/owl.carousel.min.css?ver=6.3.3\" type=\"text\/css\" media=\"all\"\/><link data-minify=\"1\" rel=\"stylesheet\" id=\"Carousel-css-css\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/wp-content\/themes\/coingapev3\/css\/owl.theme.default.css?ver=1712579238\" type=\"text\/css\" media=\"all\"\/><link data-minify=\"1\" rel=\"stylesheet\" id=\"mh-magazine-css\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/wp-content\/themes\/coingapev3\/style.css?ver=1712579238\" type=\"text\/css\" media=\"all\"\/><link data-minify=\"1\" rel=\"stylesheet\" id=\"mh-font-awesome-css\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/wp-content\/themes\/mh-magazine\/includes\/font-awesome.min.css?ver=1712579238\" type=\"text\/css\" media=\"all\"\/><link data-minify=\"1\" rel=\"stylesheet\" id=\"tablepress-default-css\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/wp-content\/tablepress-combined.min.css?ver=1712579238\" type=\"text\/css\" media=\"all\"\/><link data-minify=\"1\" rel=\"stylesheet\" href=\"https:\/\/coingape.com\/wp-content\/cache\/min\/1\/wp-content\/themes\/coingapev3\/maincss.css?ver=1712579238\"\/><\/noscript><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p class=\"m-0\">Related Articles<\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/crypto-price-prediction-4-8-meme-coins-gain-btc-surge-to-72k\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/crypto-price-prediction-4-8-meme-coins-gain-btc-surge-to-72k\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; 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Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD190394\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/5-important-highlights-from-the-recent-fed-meeting\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" 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cryptocurrency market is witnessing a renewed recovery trend in the second week of April. The Bitcoin price rally above $70000 is influencing this buying, uplifting a majority of major coins to reclaim lost ground. Wu Blockchain\u2019s recent tweet highlights a significant bullish sentiment among market participants as [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":278752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-279592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=279592"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279592\/revisions"}],"predecessor-version":[{"id":279593,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279592\/revisions\/279593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/278752"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=279592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=279592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=279592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}