Volatility Warning: 5 Memecoins Maintaining Crucial Support Following a 20%–35% Weekly Recovery
Market Resilience: Several high-profile memecoins, including Shib, Hippo, Snek, Neiro, and Wif, have shown significant weekly rebounds, with gains ranging from 20% to 35%, indicating strong investor engagement and market stability despite high volatility.
Shiba Inu (Shib): Shib has demonstrated remarkable resilience by holding key support levels amid wide intraday price swings, supported by active trading volume and consistent retail holder engagement.
Hippo Protocol (HP): Hippo has achieved a 28% weekly increase, regaining previous consolidation points, with a balanced distribution of buyers and sellers that may help mitigate sudden price fluctuations.
Snek and Neiro Performance: Snek's 35% rebound reflects growing wallet activity, while Neiro shows strong technical stability by maintaining support above recent lows, indicating a trend towards short-term consolidation rather than sharp retracements.
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