After having a gloomy start to the latter quarter of the year, the meme coin market is back on fire. As the NEIRO price breaks out, investors are turning their attention to the top contenders in the market.
Here’s a look at the top 3 meme coins gaining momentum: NEIRO, MOG, and BabyNeiro.
NEIRO: A Breakout Star
The NEIRO price has seen a 35.02% surge in the last 24 hours, drawing significant attention from traders. According to PostyXBT, a prominent crypto analyst, the recent price movements reflect a strong upward breakout from a consolidation phase.
After a symmetrical triangle formed in September, NEIRO’s price broke through the resistance level, leading to a strong rally. The trading volume for NEIRO also jumped by 226.30%, showing high interest.
While PostyXBT advises caution for new buyers due to the price already running up, the analyst remains bullish, holding onto his position for a potential further 10x gain. The NEIRO breakout highlights its bullish momentum, but it also suggests a possible retest of support before the next leg up.
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Show more +MOG: Steady Climb and Record Volumes
MOG is another meme coin making headlines with its 17.48% price increase in the past 24 hours. In addition to the price jump, its DEX trading volume spiked by 168.25%, reaching a new milestone. The coin’s cumulative volume has now surpassed $2 billion, according to crypto trader Alex (@obchakevich_).
Alex chart analysis shows that MOG’s price has experienced a sustained uptrend throughout 2024. Its steady rise and relative stability make it an attractive option for investors looking for less volatile assets in the memecoin space. As it continues to grow, MOG remains one of the leaders in the Ethereum memecoin market, particularly due to its liquidity and strong market performance.
Read Also: PEPE Price Surges 22% – Is Dogwifhat (WIF) the Next Meme Coin Token to Break Resistance and Pump?
BabyNeiro: The New Contender
BabyNeiro, a lesser-known token compared to its parent coin, has seen impressive price gains of 103% over the last day, with its trading volume surging by 463.19%. As the first community-driven CTO project on Ethereum, the coin is gaining traction fast.
GleeGains (@gleegains) believes that BabyNeiro could follow in NEIRO’s footsteps, with its unique features and community-driven nature likely contributing to its growth.
Despite being newer, the rapid rise of BabyNeiro shows that it is quickly becoming a serious contender in the memecoin ecosystem. Investors are beginning to take notice as BabyNeiro’s community involvement and innovative approach set it apart from other coins in the space.
With NEIRO, MOG, and BabyNeiro showing remarkable growth, meme coins are once again drawing the attention of crypto traders. NEIRO’s breakout signals further potential, while MOG’s stability and BabyNeiro’s rapid rise make them top picks for investors seeking high returns.
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