Memecoin MEME Overview
Today’s Memecoin price is $0.03457 with a 24-hour trading volume of $91,667,787. Memecoin is down 7.52% in the last 24 hours. The current CoinMarketCap ranking is 184, with a live market cap of $405,490,502. It has a circulating supply of 11,661,075,763 MEME coins and a max. supply of 69,000,000,000 MEME coins.
Memecoin Price Analysis: Meme Corrects To $0.03457 As Bears Strike
- Memecoin price analysis shows a downtrend
- MEME token has corrected lower after a period of a bullish wave
- Memecoin has sought support at $0.03397
Memecoin has recently experienced a notable price correction following a peak in its value. However, the current technical indicators suggest a potential for a fine ascending trend shortly. The short-term analysis reveals a mix of bullish and bearish signals. The meme token formed lower highs and higher lows consistently, forming a symmetrical triangle pattern. This formation points towards an imminent price breakout.
Memecoin is down by 7.52 percent, trading at $0.03457 when writing. The token’s price dip was triggered by its recent high following a massive market correction that saw most cryptocurrencies lose significant value.
Memecoin 1-day Price Chart: Volatility Is High As Sellers Make A Comeback
The 1-day Memecoin price analysis shows that the price is down by nearly 7.52% and is currently trading at $0.03457. MEME is presently in bearish market sentiment and is likely to remain in the downtrend for some time. The bears are currently maintaining control over the market, and the price is expected to stay in the bearish zone for some time.
MEME/USD 1-day price chart, Source: TradingView
The Relative Strength Index, an indicator of overvaluation or undervaluation, currently reads 45.16, with the RSI line approaching a potential bearish crossover below the Signal line. If this occurs, MEME may be considered bearish. However, a reversal could happen if buyers enter the market. Additionally, RSI divergence could signal a bearish divergence, such as a lower high when the price makes a higher high.
Memecoin 4-hour Price Chart: Bears in Control
The 4-hour Memecoin price analysis shows that the price has been trading in a downward channel for the past 24 hours and is currently near the lower end of the channel. The next major support level is at $0.03397, which could be tested in the coming days.
MEME/USD 4-hour price chart, Source: TradingView
The relative strength index (RSI) is also currently in neutral territory, which indicates that prices could fall further in the near term. The MACD provides a bearish bias for the incoming trend as the histogram slowly declines toward the zero line. This indicates that selling pressure is still in control of the market. The MACD line has changed its upward direction to downward, confirming the bearish sentiment.
What To Expect For MEME Coin
Memecoin price analysis indicates that MEME’s price may maintain its descending trend and reach the lower support level at $0.03397 before triggering a rebound toward $0.03457. However, it’s important to note that the correction may not get to the $0.3500 price level, indicating a potential for support before that point. Memecoin’s recent trading journey has seen significant fluctuations, including a bullish rally followed by extreme bearish actions.
Memecoin Price Prediction 2024-2033 by Cryptopolitan
| Year | Minimum | Average | Maximum |
| 2024 | $0.0296 | $0.0308 | $0.0371 |
| 2025 | $0.0450 | $0.0465 | $0.0527 |
| 2026 | $0.0651 | $0.0670 | $0.0776 |
| 2027 | $0.0940 | $0.0973 | $0.1139 |
| 2028 | $0.1361 | $0.1400 | $0.1630 |
| 2029 | $0.1906 | $0.1976 | $0.2314 |
| 2030 | $0.2636 | $0.2735 | $0.3266 |
| 2031 | $0.3903 | $0.4012 | $0.4621 |
| 2032 | $0.5686 | $0.5886 | $0.6730 |
| 2033 | $0.8399 | $0.8634 | $0.9989 |
Memecoin Price Prediction 2024
According to the technical analysis of Memecoi prices expected in 2024, the minimum cost of MEME will be $0.0296. The maximum level that the MEME price can reach is $0.0371. The average trading price is expected around $0.0308.
Memecoin Price Prediction 2025
Memecoin price is forecast to reach a lowest possible level of $0.0450 in 2025. As per our findings, the MEME price could reach a maximum possible level of $0.0527 with the average forecast price of $0.0465.
Memecoin Price Prediction 2026
Based on the price fluctuations of Memecoi at the beginning of 2026, crypto experts expect the average MEME rate of $0.0670. Its minimum and maximum prices can be expected at $0.0651 and at $0.0776, respectively.
Memecoin Price Prediction 2027
After the analysis of the prices of Memecoin in previous years, it is assumed that in 2027, the minimum price of MEME will be around $0.0940. The maximum expected MEME price may be around $0.1139. On average, the trading price might be $0.0973 in 2027.
Memecoin Price Prediction 2028
As per the forecast and technical analysis, In 2028 the price of Memecoin is expected to reach at a minimum price value of $0.1361. The MEME price can reach a maximum price value of $0.1630 with the average value of $0.1400.
Memecoin Price Prediction 2029
Based on the technical analysis by cryptocurrency experts regarding the prices of Memecoin, in 2029, MEME is expected to have the following minimum and maximum prices: about $0.1906 and $0.2314, respectively. The average expected trading cost is $0.1976.
Memecoin Price Prediction 2029
The price of Memecoin is predicted to reach at a minimum value of $0.1906 in 2029. The Memecoin price could reach a maximum value of $0.2314 with the average trading price of $0.1976 throughout 2029.
Memecoin (MEME) Price Prediction 2030
According to our deep technical analysis on past price data of MEME, In 2030 the price of Memecoin is predicted to reach at a minimum level of $0.2636. The MEME price can reach a maximum level of $0.3266 with the average trading price of $0.2735.
Memecoin Price Forecast 2031
The experts in the field of cryptocurrency have analyzed the prices of Memecoin and their fluctuations during the previous years. It is assumed that in 2031, the minimum MEME price might drop to $0.3903, while its maximum can reach $0.4621. On average, the trading cost will be around $0.4012.
Memecoin (MEME) Price Prediction 2032
Memecoin price is forecast to reach a lowest possible level of $0.5686 in 2032. As per our findings, the MEME price could reach a maximum possible level of $0.6730 with the average forecast price of $0.5886.
Memecoin Price Prediction 2033
According to our deep technical analysis on past price data of MEME, In 2033 the price of Memecoin is forecasted to be at around a minimum value of $0.8399. The Memecoin price value can reach a maximum of $0.9989 with the average trading value of $0.8634.
Memecoin Price Prediction by CoinCodex
The Memecoin price forecast by Coincodex suggests that the MEME coin will drop by -2.60% and reach $ 0.026647 by January 7, 2024. According to the technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 71 (Greed). Memecoin recorded 12/30 (40%) green days with 12.66% price volatility over the last 30 days. Based on their Memecoin forecast, it’s now a bad time to buy Memecoin.
Based on the historical price movements of Memecoin and the BTC halving cycles, the yearly low Memecoin price prediction for 2024 is estimated at $ 0.024312. Meanwhile, the price of Memecoin is predicted to reach as high as $ 0.038052 next year. Using the same basis, here is the Memecoin price prediction for each year until 2030.
Memecoin Price Prediction by DigitalCoinPrice
According to the Memecoin price predictions by Coincodex, there is an anticipated fluctuation in the value of Memecoin in the coming years. By 2025, the price is expected to oscillate between a yearly low of $0.023742 and a high of $0.040555. This trend of volatility and growth is projected to continue, with 2026 seeing potential highs of $0.092991 and 2027 with a maximum of $0.051937.
The predictions for subsequent years indicate a steady increase, with 2028 and 2029 experiencing highs of $0.071680 and $0.073521, respectively. By 2030 and 2031, Memecoin could reach highs of $0.132364 and $0.094669, respectively, suggesting a significant potential for growth compared to its current price, with a projected increase of up to 263.03% by 2031 if it reaches the upper price target.
What is Memecoin MEME
Memecoin (MEME) token is a native cryptocurrency of the Memeland ecosystem, developed by 9GAG. Memecoin (MEME) presents an intriguing case in the cryptocurrency landscape, primarily because it openly declares having no intrinsic value or functionality and does not promise any form of financial return, profit, or dividend.
Despite this straightforward admission, MEME has garnered substantial attention and investment within the cryptocurrency community. This interest reflects a cultural phenomenon in the digital asset world, where community interest and the cultural significance of memes rather than traditional financial metrics or utility can drive perceived value and engagement.
The Memeland ecosystem, closely associated with MEME, features a series of unique PFP (Profile Picture) collections, each with its thematic focus and community value. These collections include “You the real MVP,” featuring 420 gold trophies as a token of appreciation for the community; “The Potatoz,” a set of 9,999 meme and pop culture-inspired PFPs that function as the base-level membership of Memeland; and “The Captainz,” consisting of 9,999 PFPs with traits inspired by pirates and pop culture, representing the premier-level membership.
These collections serve as digital collectibles and play a role in the governance of the Memeland DAO (Decentralized Autonomous Organization), contributing to the decision-making process and growth of the Memeland ecosystem. The Captainz, in particular, have first access to new developments, including the Memeland metaverse project, Treasure Islandz.
Memecoin Price History
Memecoin was launched on 28th October by the renowned internet humor platform 9GAG and has quickly become a significant player in the meme coin market. The Memecoin garnered immense popularity through a unique launch strategy involving a fire sale and strategic social media airdrops to cultivate a robust and dedicated community. This approach proved highly successful, with the fire sale raising over $11 million and selling more than 11.4 billion MEME tokens at $0.001 each, representing a 150% surge from what the team initially planned.
Looking at its price history since 27th October 2020, MEME saw its first price pump on the same day, reaching a high of $0.02868. The MEME token price remained above $0.0020 until 7 November, when a minor pullback occurred below the $0.0200 level. Memecoin continued trading around the $0.020 level, with minor fluctuations, until the price spiked again on 4 January, reaching an all-time high of $0.04075 on November 15th.
Memecoin recorded an all-time low of $0.0751 on 14 January, following a significant market correction. This dip was short-lived, and the token’s price quickly rebounded. The memecoin has been trading at around $0.0268 for the past few days.
More on Memecoin Token
Memecoin (MEME), post its fire sale, has witnessed remarkable developments in the crypto market, notably with its inclusion on Binance’s spot market and the Binance Launchpool. This listing and its introduction on other major exchanges like MEXC, BitMEX, and Bybit significantly boosted its visibility and trading volume.
Despite an initial 36% drop in price following the fire sale, MEME has shown a strong recovery, surging by 128% and experiencing a 60% increase in the last 24 hours. This growth is largely attributed to speculative interest and robust community engagement, as evidenced by its substantial social media following. Currently, Memecoin ranks as the fifth-largest meme coin globally by market capitalization and leads as the most-traded meme coin in daily volume.
Memecoin Tokenomics
Memecoin (MEME), as per its tokenomics, has a total supply of 69 billion MEME tokens. The token distribution is structured in a phased manner, with the first 2.7% of the total supply, amounting to approximately 1.863 billion tokens, becoming available on October 27. Following this initial release, the remaining tokens will be gradually unlocked over eighteen months. This phased approach to token distribution is often adopted in the cryptocurrency space to manage supply and potentially stabilize the token’s market value over time.
Conclusion
Memecoin cryptocurrency has exhibited strong potential for growth over the past month, with its price stabilizing and steadily increasing. With several price predictions by reputable sources, it is evident that Memecoin has the potential to continue its upward trajectory in the coming years, making it a promising investment opportunity for those interested in cryptocurrency.
If investors continue to show interest and support for this meme-based digital asset, there is a high likelihood that Memecoin will continue to grow and potentially reach new heights. However, as with any investment, it is essential to research and carefully consider all factors before making financial decisions.