When we look at meme coin price performance this week, the top 6 coins by market cap show that 5 coins have had a 'green' week, while only DOGE is slightly in the red with a 1.5% decrease. Memes have been a hot topic this cycle, and today's good performance is most likely related to the 'PEPE Friday' phenomenon.
Jelle expects some additional consolidation to occur underneath the resistance level before FLOKI eventually breaks out to establish new all-time highs.
Free acknowledged that identifying the next breakout success akin to WIF or PEPE will become increasingly challenging due to the influx of new meme coins launching daily.
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