Joe Coin will shoot with a 26% increase

Meme coins have gained traction even in the bear market, with Bitcoin regaining $105,000 in support, boosting altcoin’s optimism. Among the meme tokens, Jocoin is leading by 26%.

Beincrypto analyzed two additional meme coins to monitor investors and assessed whether they were prepared for further profits or potential losses.

Pepe (pepe)

Release date – April 2023 Total circulation supply – Maximum supply of 420.69 trillion Pepe – 420.69 Pepe Complete Dilution Evaluation (FDV) – $43.8 Billion Contract Address – 0x6982508145454CE325DDBE47A25D445454CE

Pepe has dropped 22% over the past week, currently trading at $0.00001037, facing resistance to $0.00001059. Despite this recent decline, Memecoin shows potential for recovery.

One-sided cloud indicators suggest that Pepe’s bullish momentum remains strong. This technical analysis shows the potential for a verseback, with AltCoin potentially rising to 0.00001152. If Pepe can overcome resistance at $0.00001059, it could regain its upward momentum and attract more investors’ attention.

However, if the broader bear market situation continues, Pepe can experience even more downsides. A drop below $0.0000917 indicates a weaker market for Altcoin, negating the current bullish outlook. This could lead to greater losses for investors in the near future.

Mog Coin (Mog)

Release date – July 2023 Total circulation supply – 390.56 trillion Mog maximum supply – 420.69 trillion Mog complete dilution evaluation (FDV) – $354.93 million contract address – 0xAAEEE1A9723AADB7AFA2810263653A34BA2C21C7A

MOG is currently trading at $0.00000899 and is struggling to hold the local support level of 0.00000901. Meme Coin has experienced considerable volatility over the past month, affecting investor trust. Despite these fluctuations, MOG may have the potential to rebound if the market is stable.

Given the improved broader market situation, MOG is more likely to recover support levels at $0.00000966. Changes in emotion will help Altcoin recover and stabilize. If the market continues to show signs of strength, the mog may push beyond current levels of resistance.

However, if investor panic increases pressure and sells, the MOG could fall below $0.00000901. A drop to $0.00000796 will invalidate the current bullish outlook. In such a scenario, memecoin is likely to face further losses, putting more downsides at risk in the short term.

Small Cap Corner – Joe Coin (Joe)

Release Date – October 2023 Total Circulating Supply – 1 Billion Jaw Max Supply – 1 Billion Jaw Full Dilution Evaluation (FDV) – $46.89 Million Contract Address – 0x76E2222B07C53D28B89B0BAC18602810FC22B49A889B0BAC18602810FC22B49A8

Joe surged 26%, reaching $0.046 at the time of writing, becoming one of the top-performing altcoins. Intray High temporarily pushed Altcoin over $0.050, showing strong upward momentum. This price transfer reflects the growing interest of investors in Joe as a promising token in the market.

Joe is supported by around 9,000 holders who maintain Altcoin’s bullish outlook. Over the past 24 hours, traders who employ the highest profits and losses have accumulated over $339,000 in Joe, cementing even more solid confidence in their potential. This accumulation is a key indicator of sustainable market interest.

This bullish sentiment could help Joe claim $0.050 as a support floor, paving the way for further profits. If a meme coin is held above this level, it may continue its upward trend. However, if investors start cashing out, Joe could return to $0.039, invalidating the current bullish paper and reversing its momentum.