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

Key takeaways

• Memecoin (MEME) price drops 12.23% in a month but long-term predictions remain bullish, aiming for $0.12 by 2025.
• MEME’s trading volume surges 30.39% in 24 hours, highlighting strong market interest despite recent price decline.
• With a current market cap of $429M and circulating supply at 18.1B, MEME shows significant potential for future growth.

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 seen a decrease of 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 increase in trading volume could indicate potential for a reversal. Long-term projections remain bullish due to Memecoin’s fundamental potential and market positioning, despite the current market conditions.

Overview

Cryptocurrency	Memecoin
Token	MEME
Price	$0.02367
Market Cap	$429,153,582
Trading Volume	$429,153,582
Circulating Supply	18,134,678,610
All-time High	$0.02572
All-time Low	$
24 High	$0.02572
24 Low	$0.02345

Memecoin Price Prediction: Technical Analysis

Metric	Value
Price Prediction	$ 0.083465 (231.40%)
Volatility	7.12%
50-Day SMA	$0.030950
14-Day RSI	41.17
Sentiment	Bearish
Fear & Greed Index	66 (Greed)
Green Days	14/30 (47%)
200-Day SMA	$

Memecoin Price Analysis: Meme Corrects To $0.02368 As Bears Strike

TL;DR Breakdown

• Memecoin price analysis shows a downtrend
• MEME token has corrected lower after a period of a bullish wave
• Memecoin has sought support at $0.02345

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 formed lower highs and higher lows consistently, forming a symmetrical triangle pattern. This formation points towards an imminent price breakout.

Memecoin is down by 6.12 percent, trading at $0.02368 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 6.12% and is currently trading at $0.02368. MEME is presently in bearish market sentiment and is likely to remain in the downtrend for some time. The bears are currently maintaining 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 49.82, 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 in a downward channel for the past 24 hours and is currently near the lower end of the channel. The next major support level is at $0.02345, 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 its upward direction to downward, confirming the bearish sentiment. 

Memecoin Technical Indicators: Levels And Action

Daily Simple Moving Average (SMA)

Period	Value	Action
SMA 3	$0.025298	SELL
SMA 5	$0.024830	BUY
SMA 10	$0.025375	SELL
SMA 21	$0.025949	SELL
SMA 50	$0.030950	SELL
SMA 100	$0.032316	SELL
SMA 200	$0.03478	BUY

Daily Exponential Moving Average (EMA) 

Period	Value	Action
EMA 3	$0.025275	SELL
EMA 5	$0.025417	SELL
EMA 10	$0.025817	SELL
EMA 21	$0.027293	SELL
EMA 50	$0.030320	SELL
EMA 100	$0.031234	SELL
EMA 200	$0.032456	BUY

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 $0.02345 before triggering a rebound toward $0.02572. However, it’s important to note that the correction may not get to the $0.30 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 May Price Prediction 2024

In May 2024, Memecoin Price Prediction are expected to cross the $0.024 average price level, according to Memecoin forecast and technical analysis. By the end of 2024, Memecoin’s minimum price is expected to be $0.02400. Additionally, MEME can reach a maximum price level of $0.025. At the end of 2031, Memecoin will have an average price of $0.025. The crypto market expects a significant price shift.

Memecoin Price Prediction	Potential Low	Potential Average	Potential High
Memecoin Memecoin Price Prediction May 2024	$0.024	$0.024	$0.025

MMemecoin Price Prediction 2024

In the first week of January 2024, Memecoin reached $0.0302 when it dropped below $0.0213 for the first time since January 2021. According to the investors and market exports, Memecoin is on its way to passing the $0.0502 mark by the end of this year. Before $0.0502, it may break its mark of $0.0570 and reach. 

According to the investors, exporters, and market leaders, Memecoin will break its previous all-time high of $0.0570 and hold between $0.0489 and $0.0502 soon. As of now, on 13 May 2024, Memecoin is trading at $0.0229, its 24-hour trading volume is around 38.46M, and it makes the number 147 currency in the whole crypto world.

Memecoin Price Prediction	Potential Low	Potential Average	Potential High
Memecoin Price Prediction May 2024	$0.0302	$0.0502	$0.0570

Memecoin Price Prediction 2025-2030

Year	Minimum	Average	Maximum
2025	$0.0491	$0.0546	$0.0585
2026	$0.0674	$0.0781	$0.0835
2027	$0.0880	$0.0957	$0.10
2028	$0.0880	$0.0957	$0.10
2029	$0.11	$0.12	$0.12
2030	$0.15	$0.17	$0.17

Memecoin Price Prediction 2025

Memecoin price is forecast to reach a lowest possible level of $0.0491 in 2025. As per our findings, the MEME price could reach a maximum possible level of $0.0585 with the average forecast price of $0.0546.

Memecoin Price Prediction 2026

By 2026, market analysts and experts predict that MEME will start the year at $0.0674 and trade around $0.0835. According to their predictions, this would be extremely high compared to last year. This is really an acceptable jump in Memecoin.

Memecoin Price Prediction 2027

As per the forecast price and technical analysis, In 2027 the price of Memecoin is predicted to reach at a minimum level of $0.0880. The MEME price can reach a maximum level of $0.10 with the average trading price of $0.0957.

Memecoin Price Prediction 2028

Memecoin Price Prediction, or MEME, will experience tremendous growth in 2028 as it has the potential to achieve new highs in terms of price points and market cap. Memecoin’s price is expected to surpass $0.10 in 2028. It has been predicted that Memecoin will reach the maximum price of $0.10 and the minimum price is expected to be around $0.0880 in the next five years from 2028.

Memecoin Price Prediction 2029

Market analysts and experts predict say that Memecoin Price Prediction and technical analysis, Memecoin is expected to cross a price level of $0.12 in 2029. Meanwhile, Memecoin is expected to reach a minimum price of $0.11 this year. The maximum price may reach $0.12.

Memecoin Price Prediction 2030

By the beginning of 2030, the Memecoin Price Prediction and technical analysis predict that the cost of Memecoin will reach $0.17, and the price of MEME should reach $0.17 by the end of the year. In addition, MEME can reach up to $0.15 in price. From 2024 to 2030 time gap will bring significant years for Memecoin growth.

Memecoin Market Price Prediction: Analysts’ MEME Price Forecast

Memecoin Price Prediction by CoinCodex

The Memecoin price forecast by Coincodex suggests that the MEME coin will drop by -2.60% and reach $ 0.026647 by January 7, 2024. According to the technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 71 (Greed). Memecoin recorded 12/30 (40%) green days with 12.66% price volatility over the last 30 days. Based on their Memecoin forecast, it’s now a bad time to buy Memecoin.

Based on the historical price movements of Memecoin and the BTC halving cycles, the yearly low Memecoin price prediction for 2024 is estimated at $ 0.024312. Meanwhile, the price of Memecoin is predicted to reach as high as $ 0.038052 next year. Using the same basis, here is the Memecoin price prediction for each year until 2030.

Memecoin Price Prediction by DigitalCoinPrice

According to the Memecoin price predictions by Coincodex, there is an anticipated fluctuation in the value of Memecoin in the coming years. By 2025, the price is expected to oscillate between a yearly low of $0.023742 and a high of $0.040555. This trend of volatility and growth is projected to continue, with 2026 seeing potential highs of $0.092991 and 2027 with a maximum of $0.051937.

The predictions for subsequent years indicate a steady increase, with 2028 and 2029 experiencing highs of $0.071680 and $0.073521, respectively. By 2030 and 2031, Memecoin could reach highs of $0.132364 and $0.094669, respectively, suggesting a significant potential for growth compared to its current price, with a projected increase of up to 263.03% by 2031 if it reaches the upper price target.

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 $0.0302. this year. The maximum price may reach $0.0570.

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.