3 Meme Coins To Watch In The First Week Of December
Meme coins have had a volatile week, with many tokens observing gains while many others suffer losses. The cascading effect of the broader market’s crash could further impact the meme coins that are noting losses. BeInCrypto has identified three meme coins that investors should watch, considering the market’s movement. Pippin (PIPPIN) PIPPIN has delivered one
Meme coins have had a volatile week, with many tokens observing gains while many others suffer losses. The cascading effect of the broader market’s crash could further impact the meme coins that are noting losses.
BeInCrypto has identified three meme coins that investors should watch, considering the market’s movement.
Pippin (PIPPIN)
PIPPIN has delivered one of the strongest performances of the week, soaring 451% over seven days. The meme coin now trades at $0.152, marking a 10-month high.
PIPPIN is holding above the $0.136 support level, and the Parabolic SAR indicates a continuing uptrend with markers positioned below the candlesticks. This setup could drive the price toward $0.193 and potentially $0.255 if bullish momentum remains intact.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter.
PIPPIN Price Analysis. Source:
If the rally loses strength due to profit-taking, PIPPIN could slip below $0.136 and retreat toward $0.100. Such a move would invalidate the bullish thesis and signal the start of a deeper correction.
Rekt (REKT)
REKT has emerged as a strong performer despite volatile market conditions, climbing 68% in the past day. The meme coin now trades at $0.0000002892, showing resilience even as broader sentiment leans bearish.
REKT is holding above the $0.0000002866 support level and may attempt an upward bounce if investors provide sufficient backing. A move past $0.0000003347 and $0.0000003775 is essential for the meme coin to revisit the $0.0000004324 local peak.
REKT Price Analysis. Source:
If market conditions deteriorate further, REKT could lose its immediate support and drop toward $0.0000002287. Such a decline would invalidate the bullish thesis and signal a deeper correction.
MEMECORE (M)
Memecore fell 27% over the past week and is now trading at $1.38, sitting just below the $1.42 resistance level. The meme coin is struggling to regain momentum after sustained market weakness.
Current CMF readings show strong outflows dominating Memecore, signaling fading investor confidence. If this continues, M could lose the $1.25 support and drop toward $1.13 or even $1.00.
Memecore Price Analysis. Source:
However, if bullish momentum returns, Memecore could rebound and push toward $1.69. Clearing this barrier may open the path to $1.88, which would invalidate the bearish outlook and support a stronger recovery.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VIPMidterm Elections Conclude, Anthropic Initiates IPO
1. Cross-asset performance diverged this week. Between the October 30 and November 6 closes, the S&P 500 fell 2.68%, the Nasdaq 100 dropped 4.91%, and BTC lost 1.88%. Gold and silver rose 4.51% and 5.79%, respectively, while the Hang Seng gained 5.10%. Sharp declines in crude oil and some Asian equity indexes showed how differently assets responded to growth, policy, and event risks. 2. Democrats won majorities in both chambers of Congress in the US midterm elections, and markets rallied before reversing. We focus on actual changes in fiscal negotiations, key committee arrangements, and local industrial policy, especially data-center approvals, energy costs, and the pace of capital expenditure. We do not map party outcomes directly to asset direction. 3. The pullback in technology stocks has put returns on AI investment under renewed scrutiny. Whether rapid growth can cover financing, construction, and ongoing compute costs is becoming a key valuation test. For related positions, monitor policy implementation, customer capital expenditure, and cash collection together, and do not read a one-day rebound as a sign that the pressure has passed. 4. Anthropic's IPO preparations are putting the growth quality, operating profitability, and funding needs of AI model companies under public-market scrutiny. Valuations discussed for the offering are not final pricing, and participating in related products also requires assessing fees, allocation methods, asset rights, and trading restrictions. Assets in focus: BTC, the Nasdaq 100, crude oil, and gold, along with key earnings from companies including CSCO, AMAT, and CEG
Asian Stocks Rebound, Nikkei Up 3.4%, but Can They Lead Wall Street?
Brent Crude Fell 12.5% But Former Biden Advisor Warns Iran War Could Return
Cathie Wood Blames Anthropic’s CEO for AI Panic: Why Attack a Company Her Fund Backs?
Crypto prices
More
