What MemeCoin (MEME)?
Memeland is a collection of 9,999 utility-enabled PFPs (picture-for-profile) NFTs that was founded by the viral meme-sharing and news website 9GAG. This NFT ecosystem aims to unify the power of NFT with the culture of memes.
As per the agenda on Memecoin’s website, it says:
We are building and investing in social products for the community, with the community. We are connecting creators and communities together through creativity, $MEME, and NFTs.
The native ecosystem token of Memeland is called Memecoin (MEME). The Memecoin has a maximum supply of 69,000,000,000, with 8,797,500,000 MEME circulating at launch.
According to the Memecoin creators, the MEME cryptocurrency has no intrinsic value and no functionalities. Moreover, it holds no promise or expectation of any kind of financial return— profit, interest, or dividend. Despite this, the cryptocurrency community has shown a great deal of interest in and investment in the token.
Table of contents
- What MemeCoin (MEME)?
- What are Memeland’s PFP Collections?
- Latest News of MemeCoin
- MemeCoin (MEME) Current Market Status
- MemeCoin (MEME) Price Analysis 2023
- MemeCoin (MEME) Price Prediction 2023-2030 Overview
- MemeCoin (MEME) Price Prediction 2023
- MemeCoin (MEME) Price Prediction 2024
- MemeCoin (MEME) Price Prediction 2025
- MemeCoin (MEME) Price Prediction 2026
- MemeCoin (MEME) Price Prediction 2027
- MemeCoin (MEME) Price Prediction 2028
- MemeCoin (MEME) Price Prediction 2029
- MemeCoin (MEME) Price Prediction 2030
- MemeCoin (MEME) Price Prediction 2040
- MemeCoin (MEME) Price Prediction 2050
What are Memeland’s PFP Collections?
The Memeland is made up of a collection of four themes namely, You the real MVP, The Potatoz, The Captainz, and Treasure Islandz.
According to the tweet, “You are the real MVP” is an extra way of thanking and rewarding their passionate community and team. You can even call it VIP.
This collection consists of 420 beautifully crafted gold trophies that were discovered in different historical sites worldwide. They all have the same inscription: “In i dór -o i greatest memes lies i greatest mír”. Loosely translated, these words mean: In the Land of the Greatest Memes lies the Greatest Treasure.
The Potatoz is a collection of 9,999 utility-enabled PFPs that feature rarity-powered traits inspired by internet memes and pop culture. It was launched as a free mint in June 2022 and became a top 150 OpenSea collection in less than 69 days. The concept of the Potataoz was based on the fiction that the Potato was the first resident of Memeland which was deserted.
Potatoz represents the base-level membership of Memeland. Nonetheless, the Potatoz website says, “You are not only part of the fun and energetic community, but you are like a co-founder of Memeland!”. Additionally, Potatoz comes with innovative non-custodial staking and a multi-stage reveal mechanism.
Moreover, the site says that growing the Potatoz allows them to sit in the user’s wallet, keep them safe from hacks and scams, and evolve into the next stages (from stage 0 to stage 5) while collecting tickets to enter the weekly prize draw. Rumour has it that growing is related to $MEME, allowlist spots, NFT drops, access to IRL events, and more!
The last collection “The Captainz” is a collection of 9,999 utility-enabled PFPs that feature rarity-powered traits inspired by pirates, internet memes, and pop culture. It is the premier collection of Memeland.
Captainz represents the premier-level membership of Memeland. The utility and perks that will be available exclusively to the Captainz will be revealed later.
Meanwhile, the company stated that $MEME is not a regular NFT token that normal people don’t care about; Treasure Islandz is not the regular metaverse that feels like a digital ghost town. They are built differently, and Captainz will have first access, said the company.
Captainz governs the Memeland DAO. The DAO will serve as a community-led vehicle to empower the growth and development of the Memeland ecosystem. The DAO will deploy resources toward projects and initiatives that further the Memeland mission.
The DAO membership is open to all Captainz. Captainz will help make decisions regarding the DAO treasury, governance rules, partnerships, and beyond.
Latest News of MemeCoin
The Memecoin (MEME) was listed on Binance’s launch pool on October 27, 2023. This will be the 39th project on Binance’s listicle. Users will be able to stake their BNB, TUSD, and FDUSD into separate pools to farm MEME tokens over 30 days.
MemeCoin (MEME) Current Market Status
The maximum supply of MemeCoin (MEME) is 69,000,000,000 MEME, while its circulating supply is 8,797,500,000 MEME, according to CoinMarketCap. At the time of writing, MemeCoin is trading at $0.02141 representing a 24-hour increase of 8.86%. The trading volume of MemeCoin in the past 24 hours is $414,388,313 which represents a 147.27% increase.
Now that you know MemeCoin and its current market status, we shall discuss the price analysis of MemeCoin (MEME) for 2023.
MemeCoin (MEME) Price Analysis 2023
Will the most recent improvements, additions, and modifications to BIGTIME continue to contribute to BIGTIME’s spike? Do you think BIGTIME’s recent strong performance will be enough to entice additional global investors? First, let’s focus on the charts in this article’s BIGTIME price forecast.
MemeCoin (MEME) Price Analysis – Bollinger Bands
The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time).
The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average. When the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility.
Currently, the bands have widened and MEME is in the upper half of the Bollinger bands. There is a high possibility that the price of MEME could rise towards the upper band. After touching the upper band, MemeCoin may retrace and fall back below the SMA. Moreover, the bands could squeeze and MemeCoin could go through a period of consolidation.
The Bollinger band super trend indicator shows the uptrend in green patches while the downtrend is shown by red patches. Currently, the MemeCoin is on an uptrend as shown by the green patches. If the buyers keep entering the market, then, MemeCoin could keep on increasing. However, the Bollinger band width percentile reads a value of 92%, and the line is horizontally placed. As such, the bands may maintain their distance for some time as MEME fluctuates within.
MemeCoin (MEME) Price Analysis – Relative Strength Index
The Relative Strength Index is an indicator that is used to find out whether the price of a security is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price, within a selected time frame.
Moreover, it has a signal line which is a Simple Moving Average (SMA) that acts as a yardstick or reference to the RSI line. Hence, whenever the RSI line is above the SMA it is considered bullish and if it’s below the SMA then it is bearish.
The above chart shows that the RSI for MEME reads a value of 51 and the RSI line is on the verge of crashing below the Signal line. If this happens, then MEME will be adjudicated as bearish. However, if the buyers come to MEME’s rescue, then, the RSI which is facing downwards will start to tilt upwards and move.
Moreover, the RSI could also be used to find out divergence. Usually, when the crypto makes a higher higher, the RSI should also make a higher higher. However, if the RSI makes a lower high, then, it is known as a bearish divergence.
MemeCoin (MEME) Price Analysis – Accumulation and Distribution Line
The Accumulation and Distribution Line (ADL) is an indicator that relies upon the price and the volume of the cryptocurrency to find out how strong the current trend is. Generally, if there is a price rise then the ADL should also rise along with the price.
When the preceding happens then there is an assurance that the price rise is being supported by volume. However, when the ADL falls while the price rises, then, it shows that the price change is not supported by volume and the trend is weak.
Lately, MEME’s uptrend seems to have been supported by the traders with volume. The ADL reads a value of 1.18B and the line seems to be moving upwards. If more and more buyers keep accumulating MEME, then, there is a high chance that the price of MemeCoin could increase drastically. Nonetheless, the forming red candlesticks show that the sellers have entered the market and as such, the price of the MemeCoin could be reduced in the future.
MemeCoin (MEME) Price Prediction 2023-2030 Overview
|Year||Minimum Price||Average Price||Maximum Price|
MemeCoin (MEME) Price Prediction 2023
When looking at the chart above, it could be noted that MEME was trading inside a bearish flag. It has been printing higher highs and higher lows inside the flag. Currently, MEME has been met with some bear power, as such, it is retracing even before touching the upper trendline. Therefore, if the bears are powerful, there is a possibility that MEME could crash below the lower trendline and look for support at the $0.018 support level.
If the above support is not able to hold MEME’s fall, then, it may test the support at $0.013. This is based on the best practice of trading the bearish flag of the MemeCoin.
However, in the event the bulls decide to keep MEME rising then, there is a high chance that MEME could reach a $0.026 resistance level. And, if this resistance is broken, then, MEME could head towards the $0.03 resistance level.
MemeCoin (MEME) Price Prediction – Resistance and Support Levels
After a short bust of spiking, MEME has been descending just below the 2:1 Gann line as shown in the chart above. It received support from the 1:1 Gann line on its way down and thereafter moved sideways for some time. Later on, it fell further down and received support. Currently, MEME is sliding along the 3:1 Gann line. If the bears are dominant, this motion of sliding downwards will continue for some time.
However, if the bulls interject and come to MEME’s rescue, then, it may test the 8:1 Gann line which rejected MEME a couple of times recently.
MemeCoin (MEME) Price Prediction 2024
There will be Bitcoin halving in 2024. Hence, we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum for MemeCoin based on the previous halving. Hence, we could expect MemeCoin (MEME) to trade at a price, not below $0.055 by the end of 2024.
MemeCoin (MEME) Price Prediction 2025
MemeCoin may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, MemeCoin will continue to rise in 2025 forming new resistance levels. It is expected that MemeCoin (MEME) will trade beyond the $0.9 level.
MemeCoin (MEME) Price Prediction 2026
It is expected that after a long period of bull run, the bears will come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, MemeCoin could tumble into its support regions. During this period of price correction, MemeCoin could lose momentum and be way below its 2025 price. As such, it could be trading at $0.75 by 2026.
MemeCoin (MEME) Price Prediction 2027
Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, there’ll be a dip in price before the excitement will be reciprocated in MEME. As such, we could expect MemeCoin (MEME) to trade at around $1.125 by the end of 2027.
MemeCoin (MEME) Price Prediction 2028
As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, MemeCoin may reciprocate its past behavior during the BTC halving. Hence, MemeCoin (MEME) would be trading at $1.75 after experiencing a considerable surge by the end of 2028.
MemeCoin (MEME) Price Prediction 2029
2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment, MemeCoin (MEME) could be trading at $4 by the end of 2029.
MemeCoin (MEME) Price Prediction 2030
After witnessing a bullish run in the market, MemeCoin and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, MemeCoin (MEME) could be trading at $2.85.
MemeCoin (MEME) Price Prediction 2040
The long-term forecast for MemeCoin indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their Coins at the ATH point.
If they start selling then MemeCoin could fall in value. It is expected that the average price of MemeCoin (MEME) could reach $8.5 by 2040.
MemeCoin (MEME) Price Prediction 2050
Since Cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such MemeCoin (MEME) could reach $15.75.
If investors continue showing their interest in Memecoin and add these Coins to their portfolio, it could continue to rise. MEME’s bullish price prediction shows that it could reach the $0.03 level.
Memeland is a collection of 9,999 utility-enabled PFPs (picture-for-profile) NFTs that was founded by the viral meme-sharing and news website 9GAG.
MemeCoin can be stored in a cold wallet, hot wallet, or exchange wallet.
MemeCoin is expected to reach $0.055 by 2024.
MemeCoin is expected to reach $1.55 by 2025.
MemeCoin is expected to reach $0.75 by 2026.
MemeCoin is expected to reach $1.125 by 2027.
MemeCoin is expected to reach $1.75 by 2028.
MemeCoin is expected to reach $4 by 2029.
MemeCoin is expected to reach $2.85 by 2030.
MemeCoin is expected to reach $8.5 by 2040.
MemeCoin is expected to reach $15.75 by 2050.
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