Heard of someone turning $100 into 100k or maybe $1k into a million? Well, there are lots of such stories in crypto. But how?
Memecoins are the lottery tickets to these stories. People got an ROI of 100x-10000x from $DOGE, $SHIBA, $FLOKI, $BONK, $TURBO, etc. They are usually driven by the community without any utility. Now, the real question is “when is the right time to buy memecoin”.
Looking at the price chart of top memecoins, Bitmala team has discovered a potential pattern.
DogWifHat ($WIF) looks extremely oversold at the current price with a stochastic RSI of 20.
Shiba Inu ($SHIB) looks extremely oversold at the current price with a stochastic RSI of 20.
Dog Runes ($DOG) looks extremely oversold at the current price with a stochastic RSI of 10.
Turbo ($TURBO) looks extremely oversold at the current price with a stochastic RSI of 10.
FLOKI ($FLOKI) looks extremely oversold at the current price with a stochastic RSI of 20.
BONK ($BONK) looks extremely oversold at the current price with a stochastic RSI of 10.
Dogecoin ($DOGE) looks extremely oversold at the current price with a stochastic RSI of 20.
Do you see a bottom here? Are you buying any memecoins in this market?
If you liked this article, then please subscribe to our YouTube Channel for web3 video tutorials. You can also find us on Twitter and Instagram.
