{"id":311461,"date":"2021-11-16T09:52:48","date_gmt":"2021-11-16T14:52:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=311461"},"modified":"2024-05-31T11:13:00","modified_gmt":"2024-05-31T11:13:00","slug":"5-next-meme-coin-cryptocurrency-to-explode-november-2021-week-3","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-next-meme-coin-cryptocurrency-to-explode-november-2021-week-3","title":{"rendered":"5 Next Meme Coin Cryptocurrency to Explode November 2021 Week 3"},"content":{"rendered":"
Meme coins have been rave after Bitcoin knock-off Dogecoin became an internet sensation, pushing early investors to look for the next mem coin to explode.<\/p>\n
A proliferation of projects launched in the spirit of fun and interest in the meme niche has picked up significantly. Dogecoin has largely led the ranks as the foremost meme coin due to its first-mover advantage.<\/p>\n
If you missed the price surges of the Shiba-themed coin, then this next meme coin list should help you get started in investing in the fun-themed crypto circles.<\/p>\n
<\/p>\n
The joke cryptocurrency has shown resilience over the last eight years in an industry controlled by mammoth Bitcoin and Ethereum. The asset has remained top and has quickly won crypto sceptics over with its fun side.<\/p>\n
Another strong case backing DOGE is its popularity. Despite recently sliding down the crypto ranks by value, Dogecoin is the most famous of the parody coin lot.<\/p>\n
The currency is heavily courted by the likes of Tesla and SpaceX boss, Elon Musk, who is interested in turning the meme coin into a sort of internet currency of the future. Others like Dallas Mavericks owner, Mark Cuban, have also thrown their weight behind the meme coin.<\/p>\n
At press time, DOGE is trading in the red zone and is down 6.30% in the last 24 hours, with a figure around $0.24. The asset is also trading below its 20-day and 200-day moving average (MA) support prices of $0.2716 and $0.2871, respectively. The relative strength index (RSI) figure of 44.76 shows that the asset is trading in the underbought region.<\/p>\n
Meanwhile, crypto payment processing company BitPay has recently added support for Dogecoin. According to a blog post,<\/a> BitPay users can now pay for services on Amazon with Dogecoin.<\/p>\n