The altcoin market is on its way to recovery as many coins trade in the green region. In a recent tweet, Captain Faibik told his followers a “real altcoin party” is on the way and could begin when Bitcoin’s dominance breaks down from the rising wedge.
In this article, we’ll look at the best altcoins to buy this third quarter and how their communities fuel their success. The altcoins are Toshi, Myro, cat in dogs world, Book of Meme, and Angry Pepe Fork.
Key Resistance Could Lead To Toshi (TOSHI) Price Rally
Toshi (TOSHI) is a project that seeks to democratize finance by eliminating the need for traditional financial intermediaries. This will allow users to store, send, and receive digital assets.
In the last month, Toshi crypto has only recorded 12 green days which is below average, a sign that bears won most of the time.
In terms of future price movement, Toshi crypto is facing strong resistance around the 50-Day SMA ($0.00013). The sentiment surrounding the token is currently bearish as most of its indicators, like the Stoch RSI (14), are giving sell signals.
Nevertheless, analysts are looking forward to a rally in the coming weeks. They expect that the Toshi price will smash the 50-Day SMA and climb as high as $0.000146.
Myro (MYRO): Can It Surpass Current Resistance?
Myro (MYRO) is a token that came to the Solana ecosystem in November 2023 and is dedicated to Raj Gokal’s dog. Currently, Myro stands out in the crypto space by offering its holders perks like staking rewards and access to limited-edition merchandise such as t-shirts, hats, and hoodies.
Presently, the Myro price is up on the weekly and biweekly timeframes. Its market cap is consolidating between a low of $60 million and a high of $95 million on the monthly timeframe.
In the short term, the Myro coin has an immediate resistance around the 50-Day SMA ($0.089454). Crossing this level would determine its next movement in the coming weeks.
At the moment, the 14-day RSI of Myro coin is below the 50 mark, a sign that bears are in control of the market. If bulls regain control, Coincodex forecasts the Myro price could soar to a short-term target of $0.092814 and a long-term target of $0.233946 in a very bullish scenario.
Cat in dogs world (MEW) Continues To Gain Traction
Cat in dogs world (MEW), a Solana-based project that launched in March 2024, quickly became the talk of the market due to the interest in Solana and the appeal of the “Cat in a Dogs World” brand. In the first three hours of trading, the trading volume of the cat in dogs world coin went past $150 million.
However, the cryptocurrency has suffered some losses in the past few months. It is currently trading around the $0.0035-$0.0060 on the monthly timeframe. The market cap of the cat in dogs world coin is consolidating between $300 million and $550 million after falling from its all-time peak of $700 million.
Going forward, the cat in dogs world price is expected to increase in the coming weeks. Analysts are optimistic about its trajectory but the token has to surpass the resistance around the 50-Day SMA ($0.00502). If this happens, cat in dogs world price could reach the $0.005577 mark.
Book of Meme (BOME) Price Trajectory in 2024
The Book of Meme (BOME), a cryptocurrency project that uses decentralized storage technologies to immortalize meme culture on the blockchain, has enjoyed huge support from its community since its launch.
They were able to propel Book of Meme price to an all-time high of $0.02805 on March 16 from an all-time low of $0.000858 on March 14. Unfortunately, the bearish market has wiped out some of its gains.
Meanwhile, bulls have returned to the market and Book of Meme Coin is showing upward movement on the weekly chart. Data from CoinMarketCap shows the value of the altcoin has increased by 5% during this period, with its market cap consolidating between $360 million and $460 million.
Analysts are optimistic about the future of Book of Meme Coin and expect a price surge soon. Coincodex forecasts Book of Meme price could increase to $0.00815 in the next few weeks. However, the cryptocurrency must surpass the resistance at the 50-Day SMA ($0.0073).
Angry Pepe Fork Could Be the Next Big Thing in the Memecoin Space
There has been a growing shift from hype-based memecoins to memecoins offering some form of utility. The Solana-based Angry Pepe Fork (APORK) is one of the memecoins championing this move. Unlike Dogwifhat and Pepe, Angry Pepe Fork has utility, earning opportunities, and scarcity-based tokenomics.
Members of the community can earn free coins by defeating dead projects in the meme coin space and taking part in quests and competitions. The theme behind Angry Pepe Fork is to get rid of the low-quality meme coins so that Angry Pepe Fork stands as the best.
Also, just like any other tokens that were influenced by the success of Bitcoin, Angry Pepe Fork has a total and permanent mining cap of 1.9 billion coins. This kind of approach is good for the health of the project since there is a limited supply. It could also lead to price appreciation when scarcity happens. At the moment, Angry Pepe Fork is popular in the first round of the presale process.
The project is priced at $0.0025 and is expected to rise by 10X in the coming months. In addition to price gains, holders can stake their APORK coins to receive rewards right from the presale stage. Those who get the highest rewards are those who stake early. This feature makes Angry Pepe Fork a good project for new and professional investors who would want to expand their portfolios.
In Summary
Toshi, Myro, cat in dogs world, Book of Meme, and Angry Pepe Fork are currently the best altcoins in the market this third quarter. Analysts predict their prices could increase in the coming weeks when the real altcoin rally begins. Meanwhile, analysts have singled out Angry Pepe Fork as one of the best altcoins to watch, given that it is still in the presale stage and has unique tokenomics.
Visit the Angry Pepe Fork Presale:
Website: https://angrypepefork.com/
Telegram: https://t.me/AngryPepeForkSocials: https://x.com/AngryPorkCoin
