Meme coins are making a comeback as the market sentiment in the broader crypto market improves. Over the past 7 sessions, top meme coins like Dogecoin, Shiba Inu, and Pepe have recorded gains of 11.7%, 8.8%, and 13.9, respectively.
Beyond these popular assets, investors are looking for fresh projects whose growth potential is tied to their efficiency in solving existing challenges. CartelFi is one such project and meme lovers are increasingly jumping onto the bandwagon.
Dogecoin enters tight-range trading with focus on US-China trade war
After successfully defending the crucial support zone of $0.15000, Dogecoin price entered a tight trading range in the just concluded week. While investors are still concerned over Trump’s aggressive tariffs, an improvement in the market sentiment has benefited majors and meme coins alike. However, investor interest appears to have eased with Dogecoin’s trading volume dropping by 2.25% over the past 24 hours.
In the immediate term, Dogecoin price will likely continue to trade between $0.1705 and $0.1920. Hints at a probable US-China deal may reignite the rally to the resistance level of $0.2062.
CartelFi retains upside momentum with early adopters set to win big
Meme coins are considered attractive due to their parabolic price action and speculative trading appeal. However, they often “sit idle” in between rallies. In such a case, one may have to sell the volatile assets and shift the resources to stablecoins to earn some yield.
CartelFi is out to solve this inefficiency by making the concept of yield farming a reality. More specifically, it offers investors an opportunity to earn passive income from their preferred meme coins while still enjoying 100% price exposure. This means that one does not have to sell their crypto, which would mean losing out on its upside potential.
In addition to this unique infrastructure, its programmed scarcity fuels steady upward momentum. It is this robust growth potential that has crypto enthusiasts rushing to amass some CARTFI tokens at the currently affordable price of $0.0389. Three weeks into its presale, the project has already raised over $1.2 million.
At the end of every 3-day stage, the token price increases by 5%. By the time the platform is launching in Q3, early adopters will have earned up to 311% in cumulative gains. Hurry up and buy CartelFi here.
Shiba inu price finds steady support in readiness for further rallying
Shiba Inu has mirrored the recovery in the broader crypto market; reporting gains of 8.8% over the past 7 sessions. However, as some buyers maintain a wait-and-see approach, the meme coin has entered a consolidation phase.
Bulls appear keen to reverse the bearish pattern formed in December 2024 when the short-term EMA crossed the medium-term 50-day EMA to the downside, forming a death cross. Indeed, the MAs appear to be converging near the crucial support zone of $0.00001300.
Based on this thesis, $0.00001468 will be a resistance level worth watching in the ensuing sessions. If successful at attracting more buyers, the bulls will have a chance to bolster Shiba Inu price higher to $0.00001614.
Read more: Shiba Inu price prediction: mapping out potential SHIB scenarios
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