The post These Next-Gen Meme Coins Offer Massive 2X Potential appeared first on Coinpedia Fintech News
The crypto market witnessed a sudden bearish reversal, with the Bitcoin price slipping 2.29% in the early Asian hours. Ethereum, major altcoins and meme coins are marked red after the crash in BTC. The majority expects the upcoming FOMC meeting to be the potential FUD catalyst.
Amidst the downfall, certain meme coins have been making waves and have made massive gains over the past couple of days. Will these coins sustain the bull run in the coming days even after the FOMC meet?
Let’s take a closer look at the price charts of these high-potential coins to answer this question.
Will The BYTE Token Reach The 50% Fib Level?
With a bullish revival over the last 48 hours, the BYTE token price is up by 155%. The bull run creates three consecutive green candles, undermining the pullback phase in May.
Tradingview
As per the Fibonacci levels, the meme coin surpasses the 23.
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