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This Week in Meme Coins: GOAT Rallies 170%, GIGA and CAT Rise as Well Beincrypto 25 Oct 2024

This Week in Meme Coins: GOAT Rallies 170%, GIGA and CAT Rise as Well 🚀

The recent crypto market recovery has significantly boosted the performance of meme coins, with some reaching new all-time highs. Goatseus Maximus (GOAT) stands out with a remarkable 177% increase, reaching a high of $0.902, supported by investor interest at the $0.640 level. If the market remains bullish, GOAT could potentially hit the $1.000 mark.

GOAT risks a retracement to $0.466 if it falls below $0.640, erasing recent gains and potentially changing investor sentiment. Simons Cat (CAT) had a successful week with a 57% rise, aiming to maintain $0.00004063 as support to attempt a new all-time high, with risks of dropping to $0.00003410 impacting sentiment.

Gigachad (GIGA) saw a steady 26% increase, forming a new high at $0.0686. Its growth suggests consistent positive momentum, although failure to surpass this mark might lead to profit-taking, pulling GIGA down to $0.0408. This could indicate a temporary pause in the upward trend.

Source: beincrypto.com ↗

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