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This Week in Meme Coins: Hoppy Forms New ATH, BOME, RETARDIO Rally Over 50%

This Week in Meme Coins: Hoppy Forms New ATH, BOME, RETARDIO Rally Over 50%

BeInCryptoBeInCrypto2024/10/18 11:36
By:BeInCrypto

In the last week, meme coins have experienced a renewed wave of investor interest as the crypto market rebounded. Notably, several coins saw significant gains, and a few also reached new all-time highs. 

BeInCrypto has identified the top three standout tokens that exceeded expectations, capturing the spotlight and drawing attention from investors.

Hoppy (HOPPY)

Hoppy’s price surged by 94% today, hitting a new all-time high of $0.0002896. This dramatic rise has caught the attention of investors as the meme coin continues to outperform expectations.

The week-long rally is part of an ongoing uptrend that began in mid-September. Hoppy has managed to break through several key resistance levels during this period, reinforcing its bullish outlook.

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This Week in Meme Coins: Hoppy Forms New ATH, BOME, RETARDIO Rally Over 50% image 0 HOPPY Price Analysis. Source: CoinMarketCap

Hoppy’s continued price growth will largely depend on whether its holders decide to sell or hold. If profit-taking begins, Hoppy could face a drawdown, potentially sending its price down to $0.0001844.

RETARDIO

Retardio’s price has surged by 88% over the past seven days, bringing it close to breaching the $0.20 mark and forming a new all-time high. The recent rally has sparked optimism among investors, as the meme coin has gained significant momentum.

The previous all-time high (ATH) for Retardio was set in mid-August. This week marked the third attempt to break through that level. If the bullish trend continues, the chances of breaching the $0.20 resistance appear promising, which could pave the way for further gains.

This Week in Meme Coins: Hoppy Forms New ATH, BOME, RETARDIO Rally Over 50% image 1 RETARDIO Price Analysis. Source:  TradingView

However, if market sentiment shifts and Retardio’s price declines, it could find initial support at $0.14. Should this support level fail to hold, the meme coin might retrace further, potentially falling to $0.12 or lower, signaling a more extended correction in its price action.

Book of Meme Coin (BOME)

BOME has been one of the top performers this week despite experiencing a minor correction over the past three days. Currently, the meme coin is trading at $0.0099, having come close to breaching the key resistance level of $0.0111.

Historically, BOME has consolidated within a narrow range, between the $0.0111 resistance and the $0.0082 support levels. If this pattern holds, BOME could see more sideways trading in the coming days, offering a period of stability before its next move. 

Read more:  7 Best Base Chain Meme Coins to Watch in October 2024

This Week in Meme Coins: Hoppy Forms New ATH, BOME, RETARDIO Rally Over 50% image 2 BOME Price Analysis. Source:  TradingView

However, if BOME manages to breach the $0.0111 resistance, it would mark a significant achievement—a four-month high for the coin. Such a breakthrough could push the price toward $0.0127.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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