Pepe Price and Dogecoin Price Steady in Quiet Week for Major Mem Coins, But These New Tokens Look Bullish

The big players in the meme coin world, Pepe ($PEPE) and Dogecoin ($DOGE), are breathing a sigh of relief after their recent bullish exploits.

With the cryptocurrency market showing minimal price momentum during a quiet week, meme coin traders have started looking elsewhere for profits.

Meanwhile, two brand new meme projects, Wall Street Memes ($WSM) and Thug Life ($THUG), have emerged as potential hotspots of significant growth.

Bearish week for $PEPE amid drop in trading volume

At the time of writing, $PEPE is hovering around the $0.00000147 level, having closed four out of the last five days with a downside.

Even though $PEPE price is down only 4% in the past week, the overall momentum remains bearish, which suggests that the bullish trend seen in late June may now be over.

From a technical perspective, $PEPE price seems to be moving back towards a strong support area at $0.00000142.

The price aggressively rejected this level on June 29 – and $PEPE bulls will be expecting a similar situation this time around.

Unfortunately, per coinmarketcap dataDaily trading volume for the token has dropped to just $96 million – a far cry from June, when it averaged over $800 million per day.

Nonetheless, $PEPE has shown resilience in the past and managed to recover from setbacks, indicating that there is still room for improvement in the days ahead.

Dogecoin enters consolidation phase as markets heave a sigh of relief

Similarly, Dogecoin is also experiencing calmness in the market.

Mimicking the price action of $PEPE, $DOGE is going through a consolidation phase, with the price trading in a narrow range between $0.0644 and $0.0662.

After the recent exploits of Dogecoin, the meme coin market appears to be in a “wait and see” mode – although the technicals of $DOGE appear more positive than those of $PEPE.

For example, the price of $DOGE has respected an ascending trend line on three occasions since June 10, which has helped boost the coin’s value.

Besides, $DOGE held a minor support level at $0.0645, indicating a high volume of long VIX buy orders over the past few days.

However, one potential challenge for Dogecoin is its declining trading volume, according to the data. coingeco This shows that it is now much lower than in the first week of July.

Which meme coins are up this week?

As Pepe and Dogecoin heave a sigh of relief, attention turns to newcomers in the meme coin space.

Wall Street memes and Thug Life have quickly become topics of discussion in the crypto community, showing rapid momentum in their respective presale phases.

Wall Street Memes emerges as contender to be the next Pepe, raises $14.4 million via presale

Wall Street Memes ($WSM) The viral presale of the $WSM token has taken the crypto community by storm.

Launched in late May, the presale has already surpassed $14.4 million in funding, which means investors are buying around $300,000 of $WSM per day.

This rapid growth highlights $WSM’s potential to equal (or even exceed) the gains made by well-known meme coins such as Pepe and Dogecoin.

At the time of writing, the ongoing presale price for $WSM tokens is only $0.0316 – an attractive price point considering the strength of the Wall Street memes community.

The community includes over 1.1 million people, spread across a variety of platforms Twitter And Instagram,

Given the massive audience of Wall Street memes, along with the immediate success of its presale, many believe a Tier-1 exchange listing is now on the horizon for $WSM.

These Lists May Be Important Since Wall Street Memes white paper Details plans to reach a whopping market capitalization of $1 billion in the future.

Wall Street memes have also attracted attention from high-profile crypto influencers, with Michael Vrubel posting Video On July 12, saying it had bought $WSM.

Overall, Wall Street Memes’ bullish trajectory undoubtedly solidifies its potential as a game-changer in the meme coin world.

Visit Wall Street Memes Presale

“Baller’s meme coin” Thug Life causes a stir and raises $1.2M with only 4 days left to buy

Thug Life ($Thugs) Crypto is another new entrant in the landscape and it has already created a stir in the entire investment community.

In just two weeks, Thug Life’s presale has raised an incredible $1.2 million, with investors from around the world vying to get involved.

Based on the super-popular “Thug Life” meme, $THUG aims to create a community of like-minded investors who are tired of missing out on fast profits in the meme coin market.

With only four days left until the Thug Life presale ends, potential investors have a limited opportunity to acquire $THUG at a low price of $0.0007.

per thug life white paperThe developers are planning to launch $THUG on major decentralized exchanges (DEXs) following the conclusion of the presale, a move that could potentially catalyze a price increase.

The developers also plan to host a $THUG airdrop campaign, which will provide interested investors with another way to obtain the tokens.

with thug life telegram channel Seeing new members joining daily, this token is likely to grow in the coming weeks.

Visit Thug Life Presale