Ethereum-Based Meme Coins to Watch in June 2024

in hive-108451 •  7 months ago 

The recent market resurgence has drawn attention to Ethereum-based meme coins, which have seen significant gains. Here are the Ethereum meme coins worth considering in June:

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Shiba Inu (SHIB)

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Market Capitalization: $14.6 billion
Current Price: $0.00002478
Recent Performance: Up 45% from April lows
Outlook: A break above $0.00003 could push SHIB to $0.000038, with further gains likely to $0.000054.
Shiba Inu has been gaining traction with its strong community support and ongoing projects. The recent performance indicates a potential for further growth, especially if it breaks through key price levels.

FLOKI
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Market Capitalization: $2.4 billion
Current Price: $0.00002528
Recent Performance: Down 16% from recent highs, with a potential drop of another 20% to support
Outlook: A rebound could take FLOKI above $0.0000313.
FLOKI has experienced some recent declines, but strong community backing and continuous project developments suggest it could rebound and see significant gains during a market recovery.

Both Shiba Inu and FLOKI benefit from robust community support and active development projects, giving them the potential to rise further during a market recovery. As the market continues to evolve, these Ethereum-based meme coins are worth keeping an eye on in June 2024.

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