Meme Coin Price Outlook for June: Dogecoin, Pepe, Dogwifhat, Sealana
June has been a whirlwind so far for meme coins, with Dogecoin, Pepe, dogwifhat, and Sealana all capturing attention.
In this article, we’ll dive into these four tokens, examining their movements and potential future trajectories.
DOGE Primed for Breakout as Trading Volumes Rise
The OG meme coin Dogecoin (DOGE) is back after a period of muted price action.
DOGE has been stuck trading in a tight descending channel but seems to have finally found a floor around $0.155.
After repeatedly bouncing off that floor, DOGE is now looking like it is breaking out.
Currently trading around $0.164 after a 4% jump in the past day, DOGE’s spot volumes are starting to perk up as it breaks downtrend resistance on the 4-hour chart.
This often comes before a sharp bullish rally.
If DOGE can maintain itself above $0.164, a run towards the local high of $0.170 is a realistic scenario.
That was an area that DOGE tapped last week before rejecting and plummeting.
A clean breach of $0.170 could even set up a retest of $0.175, where a “double top” formation formed in late May.
PEPE Eyes Bullish Rally with Strong Support Bounce
The bullishness is spreading from dogs to frogs, with Pepe (PEPE) also making a case for upside this month.
After a sluggish start to June, PEPE is rebounding – currently trading at $0.0000148 after a 6% surge in the past 24 hours.
More importantly, the $0.0000140 support level is holding firm.
PEPE has also breached its 20-period exponential moving average (EMA) on the 4-hour chart, widely considered a bullish signal.
When combining that with the potential bull flag pattern forming in the same time frame, the outlook for the token is starting to shape up nicely.
Spot volumes for PEPE have climbed 6% in the past 24 hours, confirming that there is legitimate momentum behind this move.
If the breakout continues and gathers pace, PEPE’s recent all-time high around $0.0000172 is the logical upside target to watch.
WIF Surges 14% & Targets New Highs After Breaking Resistance
Alongside DOGE and PEPE, dogwifhat (WIF) is also performing well.
It’s currently trading at $13.50 after a 14% rally since Monday morning.
The spark that lit this rally was a retest of the 20-day EMA as dynamic support.
That retest led to a clear breach of the $3.45 level, which had been capping upside in the past week.
Now freed of its tight trading range, dogwifhat looks primed to make a run back to $4.00.
That key battleground in late May ultimately halted dogwifhat’s rally.
However, with momentum favoring the bulls, another challenge of $4.00 seems likely.
If WIF can convincingly pass $4.00, there might even be scope for the token to head back to March’s all-time high of around $4.85 – a 38% jump from here.
Sealana’s Hyped Presale Gains Momentum Ahead of Big Developer Announcement
While established meme coins duke it out, a new contender is rapidly gaining steam – and it hasn’t even launched yet.
Sealana (SEAL) is turning heads as one of the most hyped presale crypto events of the summer.
Despite being solely centered around a chubby seal mascot, Sealana has managed to raise over $3 million from initial investors.
With SEAL tokens priced at just $0.022 each, that fundraise represents serious interest from the thousands of people now following the project’s Twitter and Telegram channels.
The hype around Sealana reached a new level yesterday when the dev team teased they’re preparing a “big announcement” around an upcoming airdrop.
And with Sealana’s team promising even more surprises, they’re aiming to make a splash in June.
Since the token isn’t yet tradable on the open market, providing a logical price forecast is challenging – if not impossible.
Sealana has no set tokenomics structure, which is a conscious choice to bolster its “pure meme” appeal.
Additionally, any DEX listing for SEAL is likely still a few weeks away.
But with the presale momentum continuing and an engaged community already behind it, Sealana looks ready to shake up the meme coin market.
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