Memecoin Price Prediction 2024 – 2033: Is MEME A Wise Investment?

Key takeaways

• By 2024, the MEME price could reach a maximum possible level of $0.0211.
•  In 2027, the price of Memecoin is predicted to reach a minimum level of $0.0571.
• Memecoin is expected to cross a price level of $0.2163 in 2030

Memecoin (MEME) has experienced notable volatility throughout 2023, reflecting the broader trends within the cryptocurrency market. As of now, MEME is priced at $0.0237, having decreased 12.23% over the past month. In the last 24 hours alone, it dropped by 4.97%, contributing to a broader 41.23% decline over the past 30 days. This recent downturn is part of a short-term bearish sentiment, although the long-term outlook remains optimistic, with predictions suggesting MEME could reach $0.12 by 2025.

Analyzing the recent price action.MEME‘s price has fluctuated significantly over the past month, with notable resistance around the $0.027 level and support around $0.024. The bearish trend has been consistent, but the increased trading volume could indicate the potential for a reversal. Despite the current market conditions, long-term projections remain bullish due to Memecoin’s fundamental potential and market positioning.

Overview

Cryptocurrency	Memecoin
Token	MEME
Price	$0.01579
Market Cap	$331,059,588
Trading Volume	$85,997,916
Circulating Supply	21,073,148,255
All-time High	$0.05706   Mar 03, 2024
All-time Low	$0.01706   Nov 07, 2023
24 High	$0.0308
24 Low	$0.0278

Memecoin Price Prediction: Technical Analysis

Metric	Value
Price Prediction	$ 0.095389  (223.07%)
Volatility	7.87%
50-Day SMA	$0.026813
14-Day RSI	54.99
Sentiment	Bullish
Fear & Greed Index	75 (Greed)
Green Days	13/30 (43%)
200-Day SMA	0.030283

Today’s Memecoin price is $0.01579, with a 24-hour trading volume of $85,997,916. Memecoin is down 9.25% in the last 24 hours. The current CoinMarketCap ranking is 152, with a live market cap of $331,059,588. It has a circulating supply of 21,073,148,255 MEME coins and a max. Supply of 69,000,000,000 MEME coins.

Memecoin Price Analysis: Meme Corrects To $0.01579 As Bears Strike

• Memecoin price analysis shows a downtrend
• MEME token has corrected lower after a period of a bullish wave
• Memecoin has sought support at $0.01557

Memecoin has recently experienced a notable price correction following a peak in its value. However, the current technical indicators suggest a potential for a fine ascending trend shortly. The short-term analysis reveals a mix of bullish and bearish signals. The meme token consistently formed lower highs and higher lows, forming a symmetrical triangle pattern. This formation points towards an imminent price breakout.

Memecoin is down 9.25 percent, trading at $0.01579 when writing. The token’s price dip was triggered by its recent high following a massive market correction that saw most cryptocurrencies lose significant value.

Memecoin 1-day Price Chart: Volatility Is High As Sellers Make A Comeback

The 1-day Memecoin price analysis shows that the price is down by nearly 9.25% and is currently trading at $0.01579. MEME is presently in bearish market sentiment and will likely remain in the downtrend for some time. The bears maintain control over the market, and the price is expected to stay in the bearish zone for some time.

MEME/USD 1-day price chart, Source: TradingView

The Relative Strength Index, an indicator of overvaluation or undervaluation, currently reads 29.87, with the RSI line approaching a potential bearish crossover below the Signal line. If this occurs, MEME may be considered bearish. However, a reversal could happen if buyers enter the market. Additionally, RSI divergence could signal a bearish divergence, such as a lower high when the price makes a higher high.

Memecoin 4-hour Price Chart: Bears in Control

The 4-hour Memecoin price analysis shows that the price has been trading downward for the past 24 hours and is currently near the lower end of the channel. The next significant support level is $0.01557, which could be tested in the coming days. 

MEME/USD 4-hour price chart, Source: TradingView

The relative strength index (RSI) is also currently in neutral territory, which indicates that prices could fall further in the near term. The MACD provides a bearish bias for the incoming trend as the histogram slowly declines toward the zero line. This indicates that selling pressure is still in control of the market. The MACD line is changing upward to downward, confirming the bearish sentiment.

Memecoin Technical Indicators: Levels And Action

Daily Simple Moving Average (SMA)

Period	Value	Action
SMA 3	$0.029474	BUY
SMA 5	$0.029786	BUY
SMA 10	$0.029079	BUY
SMA 21	$0.027424	BUY
SMA 50	$0.026813	BUY
SMA 100	$0.032839	SELL
SMA 200	$0.030283	SELL

Daily Exponential Moving Average (EMA) 

Period	Value	Action
EMA 3	$0.029545	BUY
EMA 5	$0.029497	BUY
EMA 10	$0.028947	BUY
EMA 21	$0.028002	BUY
EMA 50	$0.028414	BUY
EMA 100	$0.029562	BUY
EMA 200	$0.030032	SELL

What to expect for MEME coin

Memecoin price analysis indicates that MEME’s price may maintain its descending trend and reach the lower support level at $0.01557 before triggering a rebound toward $0.01745. However, it’s important to note that the correction may not get the $0.01800 price level, indicating a potential for support before that point. Memecoin’s recent trading journey has seen significant fluctuations, including a bullish rally followed by extreme bearish actions.

Memecoin July Price Prediction 2024

According to Memecoin’s forecast and technical analysis, in July 2024, Memecoin’s price prediction is expected to cross the $0.01579 average price level. By the end of 2024, Memecoin’s minimum price is expected to be $0.01557. 

Additionally, MEME can reach a maximum price level of $0.01745. At the end of 2031, Memecoin will have an average price of $0.01579. The crypto market expects a significant price shift.

Memecoin Price Prediction	Potential Low	Potential Average	Potential High
Memecoin Memecoin Price Prediction July 2024	$0.01557	$0.01579	$0.01745

Memecoin Price Prediction 2024

The Memecoin price is forecast to reach the lowest possible $0.01557 in 2024. The MEME price could reach a maximum possible level of $0.01745, with an average forecast price of $0.01579.

Memecoin Price Prediction	Potential Low	Potential Average	Potential High
Memecoin Price Prediction 2024	$0.01557	$0.01579	$0.01745

Memecoin Price Prediction 2025-2030

Year	Minimum	Average	Maximum
2025	$0.0270	$0.0278	$0.0326
2026	$0.0408	$0.0419	$0.0469
2027	$0.0571	$0.0592	$0.0705
2028	$0.0845	$0.0868	$0.1008
2029	$0.1252	$0.1286	$0.1415
2030	$0.1836	$0.1887	$0.2163

Memecoin Price Prediction 2025

The price of Memecoin is forecast to reach a lowest possible level of $0.0270 in 2025. According to our findings, the MEME price could reach a maximum possible level of $0.0326, with an average forecast price of $0.0278.

Memecoin Price Prediction 2026

The price of Memecoin is expected to reach a minimum level of $0.0408 in 2026. The MEME price can reach a maximum level of $0.0469 with the average price of $0.0419 throughout 2026.

Memecoin Price Prediction 2027

According to the forecast price and technical analysis, in 2027, the price of Memecoin is predicted to reach a minimum level of $0.0571. The MEME price can reach a maximum level of $0.0705, with an average trading price of $0.0592.

Memecoin Price Prediction 2028

The price of Memecoin is predicted to reach at a minimum level of $0.0845 in 2028. The Memecoin price can reach a maximum level of $0.1008 with the average price of $0.0868 throughout 2028.

Memecoin Price Prediction 2029

Memecoin Price Prediction and Technical Analysis: Memecoin is expected to cross a price level of $0.1286 in 2029. Meanwhile, It is expected to reach a minimum price of $0.1252 this year. The maximum price may reach $0.1415.

Memecoin Price Prediction 2030

The price of Memecoin is forecast to reach its lowest possible level of $0.1836 in 2030. According to our findings, it could reach a maximum possible level of $0.2163, with an average forecast price of $0.1887.

Memecoin Market Price Prediction: Analysts’ MEME Price Forecast

Firm Name	2024	2025
Gov.Capital	$0.0157	$0.03487
DigitalCoinPrice	$0.0405	$0.0631
CoinCodex	$0.026647	$0.04098

Memecoin price prediction by Cryptopolitan

According to Cryptopolitan,Memecoin Price Prediction, or MEME, will experience tremendous growth as it has the potential to achieve new highs in terms of price points and market cap. Meanwhile, Memecoin is expected to reach a minimum price of $0.0185. The maximum price may reach $0.0211 in 2024.

Memecoin Price History

• Memecoin was launched on 28th October by the renowned internet humor platform 9GAG and has quickly become a significant player in the meme coin market.
• The Memecoin garnered immense popularity through a unique launch strategy involving a fire sale and strategic social media airdrops to cultivate a robust and dedicated community.
• This approach proved highly successful, with the fire sale raising over $11 million and selling more than 11.4 billion MEME tokens at $0.001 each, representing a 150% surge from what the team initially planned.

• Looking at its price history since 27th October 2020, MEME saw its first price pump on the same day, reaching a high of $0.02868.
• The MEME token price remained above $0.0020 until 7 November, when a minor pullback occurred below the $0.0200 level.
• Memecoin continued trading around the $0.020 level, with minor fluctuations, until the price spiked again on 4 January, reaching an all-time high of $0.04075 on November 15th.
• Memecoin recorded an all-time low of $0.0751 on 14 January, following a significant market correction. This dip was short-lived, and the token’s price quickly rebounded. The memecoin has been trading at around $0.0268 for the past few days.