Top Meme Coins To Buy: Cat in a Dogs World (MEW), Popcat (POPCAT), and Bonk (BONK)

Amid the increasing talks around emergency rate cuts and a recovery in the US and global markets, Bitcoin is back above $57K.

As the US and global markets show signs of recovery amid talks of emergency rate cuts, Bitcoin has risen back above the $57K mark. This market recovery has also seen a surge in interest for meme coins due to the bullish sentiment.

In light of this, MEW, POPCAT, and BONK have emerged as the top performing meme coins with massive upside potentials. However, given the high volatility associated with these coins, it's crucial to assess the risks and potential rewards before making any trades.

Top Meme Coins To Buy: Cat In A Dogs World (MEW)

MEW token price displays a V-shaped recovery from the low of $0.0040, forming a massive bullish engulfing candle. This follows a 42% overnight jump, pushing the meme coin past the $0.0060 level with an intraday move of 2.74%.

Moreover, the MEW token price shows a strong bullish comeback as it breaches the 61.80% Fibonacci level at $0.0056. With the broader market recovering, the MEW token aims for the 1.618 Fib level at $0.0111, indicating a potential 85% rise from the current market value.

POPCAT (POPCAT)

A quick reversal from the $0.37 level forms an evening star pattern in the POPCAT price trend. However, a bullish reversal from a crucial support trendline boosts the meme coin by 117% from the low of $0.25 during the market crash.

Furthermore, the POPCAT price trend showcases an expanding channel on the 1D chart. This bullish reversal ends the correction phase and reclaims the short-term 23.60% Fib level.

Optimistically, an uptrend continuation could pump the meme coin price past the $1 mark. According to the Fibonacci levels, the 1.618 Fib level at $1.3372 could be a potential target, indicating almost a 150% rise.

BONK (BONK)

Among the cat-themed coins, BONK, a dog-themed meme coin on Solana, also teases a trend reversal move. The BONK price quickly resurfaces above the broken trendline after forming a low of $0.00001552.

This recovery rally marks a 38% rise from the low of the recent market crash and suggests a bullish comeback. As per the Fibonacci levels, this bull run could hit the $0.000045 peak, indicating a 110% rise.

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