Meme Coins Price Prediction: PUMP Surges 10%, DOGE Jumps 4% as SHIB and PEPE Gains

Meme Coins Price surge on Saturday supported fresh optimism across digital asset markets as leading meme tokens recorded notable gains. PUMP is up 10% and getting a lot of short interest at the moment. Market trading of the SHIB token also rose by 3% while the DOGE token rose by 4%. PEPE’s price rally of 2.5% across all crypto assets was a sign of buying momentum returning.

The total market capitalization rose to nearly $2.68 trillion and the entire cryptocurrency market increased by 1.15%. The Senate Banking Committee is expected to vote on the CLARITY Act on May 14 and investors are keeping an eye on the vote.  

Bitcoin is trading above $80,000 and XRP has settled at $1.40.

Pumpfun Bullish Momentum Grows as Trader Profits Reach 73%

Pump.fun’s price has skyrocketed on Saturday and is currently one of the highest performing meme tokens in the space. The token surged by 10% in the trading session with 24-hour trading averaging around $0.00217. The overall crypto market has been almost flat throughout the trading session but Pump.fun has done quite well. 

Sentiment among investors also got better, with more traders returning to profit after months of poor performance. Statistics indicated that more than 50% of the Pump.fun traders made profit for the first time since May 2024. A break above $0.0021 could set the stage for the next move to the $0.0023 and $0.0025 resistance levels.

Analyst Predicts Dogecoin Rally as “Ready, Set, Go” Pattern Emerges

Dogecoin price has surged by 4% over the past 24 hours, nearing the $0.110 mark. If DOGE maintains the price above the $0.107 level, the price may attempt to move towards $0.117 resistance level. While a downward move below the $0.107 price could lead towards $0.099 resistance if the price of Bitcoin falls below $80,000.

On the four-hour chart, Crypto analyst has pointed to a bullish pattern for Dogecoin.

The trend was called “Ready, Set, Go” by the analyst, indicating the increasing momentum of the meme crypto.The trend was identified by the analyst and named “Ready, Set, Go”, which is an indication of the growing momentum of the meme cryptocurrency.

The chart shows that recently, Dogecoin is in a consolidation period before heading towards an upward channel.

Shiba Inu and Pepe Extend Gains Amid Strong Meme Coin Activity

Shiba Inu price rose higher on Saturday, climbing 1.39% in the past 24 hours to trade at $0.00000640. The token saw support from the growing ecosystem activity and attention paid to the growing utility of Shibarium. SHIB also set a new record for the number of wallet holders, showing increased participation in the meme coin price space. 

If the future SHIB outlook stay above the 30-day moving average, the meme coin could possibly come into contact with a level of resistance around the $0.000006570 mark. 

However, a drop below $0.000006389 could increase pressure toward the 200-day average near $0.00000630. Meanwhile, Pepe rose 2.66% to $0.00000430. As PEPE continues to hold up above $0.00000420 in future trading sessions, the price may rise to $0.00000450.

What’s Next For Meme Coin Price?

Bitcoin strength and market sentiment are likely to influence meme coin prices this week, as speculators watch closely. The continued strength of the upward momentum may help PUMP, DOGE, SHIB and PEPE to further extend their bull market rally, whereas the strength of the market may provide short-term selling pressure.