Buyers Acquire Dwellings, Not Residences, Leading to a 816% Increase in Property Value | Cryptocurrencies to Monitor Today
Crypto Market on the Rise:As April draws to a close, the crypto market is on the upswing. Meme coins, once dismissed as laughable, are emerging as serious contenders in May. With Housecoin (HOUSE) leading the charge, it seems investors are taking these joke tokens more seriously than ever.
BeInCrypto dives into three meme coins that might have some serious potential. Let's take a look at Zerebro (ZEREBRO), Pudgy Penguins (PENGU), and Housecoin (HOUSE).
Smarter Money with Zerebro (ZEREBRO)
- Launch Date: November 2024
- Total Circulating Supply: 999.95 Million ZEREBRO
- Maximum Supply: 1 Billion ZEREBRO
- Fully Diluted Valuation (FDV): $60.01 Million
Zealous investors driving the price up, Zerebro (ZEREBRO) is currently riding a 30% surge in the last 24 hours, trading at $0.061. The meme coin displays strong bullish momentum and indicates a continued uptrend.
The 50-day Exponential Moving Average (EMA) provides solid support, suggesting ZEREBRO maintains strong technical strength. This supportive level may boost the altcoin to the next major resistance at $0.086. If investors continue to buy in, ZEREBRO may climb higher with sustained interest.
But, profit-taking from investors could set off a price correction, pushing ZEREBRO down to $0.051. Breaching this vital support could lead to further declines towards $0.042. The recently-gained ground would be lost if ZEREBRO fails to hold above the 50-day EMA.
Gentle Giants: Pudgy Penguins (PENGU)
- Launch Date: December 2024
- Total Circulating Supply: 62.86 Billion PENGU
- Maximum Supply: 88.88 Billion PENGU
- Fully Diluted Valuation (FDV): $943.05 Million
Over the weekend, Pudgy Penguins (PENGU) surged by 25%, trading at $0.0123, reinforcing the bullish outlook. With continued support from investors, PENGU aims to break through the $0.0147 resistance.
A successful breach of this barrier could set PENGU on a path towards $0.0225, potentially indicating further upward momentum. However, if PENGU fails to conquer this key resistance level, it may slide back towards $0.0100 and wobble towards $0.0071. A significant decline of this magnitude would hint at a prolonged downturn and invalidate the current bullish outlook.
The Newcomer: Housecoin (HOUSE)
- Launch Date: April 2025
- Total Circulating Supply: 998.83 Million HOUSE
- Maximum Supply: 998.83 Million HOUSE
- Fully Diluted Valuation (FDV): $66.90 Million
Housecoin (HOUSE) has taken the meme coin market by storm, capturing the attention of investors with its humorous concept of crypto-investing over real estate. This novel approach has garnered support in the crypto community.
Over the past week, HOUSE has skyrocketed by 816%, currently trading at $0.0664. The altcoin targets to flip the $0.0666 level into support, an essential step before aiming towards $0.1000 resistance. Should HOUSE prevail, the stage would be set for continued growth.
But, if the hype dissipates or investors decide to cash out, HOUSE could fall sharply, potentially dropping to $0.0170. If this support level is breached, the altcoin's recent uptrend may come to an end.
Investing with a Twist
Investing is no joking matter, and meme coins aren't always reliable investments. Stay smart and strategic, and remember that all investments come with risk. So, before making any decisions, do your research and always consult with a professional.
Uphold offers a one-stop-shop for trading various assets, including crypto, stocks, and precious metals. With their platform, early access to new tokens, one-step trading process, and multi-asset support, Uphold empowers investors to make the most of the market.
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Remember, this information is intended for informational purposes only and should not be considered financial or investment advice. Please always conduct your own research and keep abreast of the latest market news and trends. Happy crypto-venturing!
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- Amid the crypto market surge, investors are taking joke tokens like Zerebro (ZEREBRO) more seriously, with the meme coin currently displaying a 30% surge in 24 hours.
- In the current market scenario, Zerebro (ZEREBRO) could climb higher if investors continue to buy in, with the vital support level at $0.051.
- Pudgy Penguins (PENGU) has surged by 25% over the weekend, aiming to break through the $0.0147 resistance and setting the stage for further upward momentum.
- Housecoin (HOUSE), with its humorous crypto-investing over real estate concept, has captured the attention of investors, skyrocketing by 816% over the past week.
- Uphold, a platform that offers trading for various assets, including crypto, stocks, and precious metals, can empower investors to make the most of the market, providing early access to new tokens and a one-step trading process.
- Although meme coins and all investments come with risk, it's essential to stay smart and strategic by doing your research and consulting with a professional in finance and technology.
