Meme Coins Rising With Dogecoin Price? Shiba Inu, Tamadoge, FLOKI, DC, Samoyedcoin
With the explosive Dogecoin price action that shows no sign of correcting yet, other top meme tokens are also rallying to the upside.
Some traders predict a meme coin could be the next cryptocurrency to explode as a beta play to the DOGE price action.
Tamadoge (TAMA) is one of the newest meme coins, launched in late September and is currently the closest rival to the Dogecoin price action, up over 12% in the past day.
Analyst Jacob Bury reviewed some of its recent bullish catalysts including its NFT drops, crypto game development and rumored upcoming exchange listings.
Since early Saturday, Tamadoge moved up close to 100% from $0.02 to almost $0.04, outperforming Dogecoin.
TAMA is listed on OKX exchange.
Altcoin Sherpa (@AltcoinSherpa), who has 186,000 followers, has been closely following the Shiba Inu price action.
At the weekend he expected the SHIB price to follow the Dogecoin price to the upside, and today SHIB is up approximately 8%.
However he expects the SHIB price chart to put in a double top.
The Floki Inu price is up 24% in the past 24 hours and over 2x off last month's lows, as noted by Phoenix (@Phoenix_Ash3s).
He tweeted out a possible trading setup to his 80,000 followers, with a FLOKI price target of $0.000015.
Daan Crypto Trades (@DaanCrypto), who has 187,000 followers, noted Dogechain (DC) was trailing the Dogecoin price closely this weekend.
However today the DC price is in the red, down 15% - low market cap meme coins are some of the most volatile cryptocurrency assets.
'Wen dogs go woof woof, more dogs go woof woof' was the analysis of expert crypto trader adi NINJA (@adidogCEO).
He compared the Samoyedcoin price chart to the Dogecoin price chart. The SAMO price is relatively flat this week, but did move up 45%
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