Memecoin Mania: POPCAT, WIF, and MUBARKA Surge 10%—Who’s Leading the Pack?

Another day, another memecoin rally—because why invest in fundamentals when you can ride the hype wave? POPCAT, WIF, and MUBARAK just blasted past 10% gains, leaving traders scrambling to pick the next moonshot.

POPCAT: The cat’s out of the bag. This feline-themed token’s latest pump has degens whispering about a breakout—or just another dead cat bounce.

WIF: Dogwifhat’s back, because nothing says ’serious investment’ like a Shiba Inu wearing a knitted cap. Chartists are eyeing resistance levels, but let’s be real—it’s all vibes.

MUBARAK: The dark horse (or should we say dark camel?) of the trio. Low liquidity, high volatility—perfect for that adrenaline-fueled 3 AM trade you’ll regret by sunrise.

So, which one’s the ’smart’ bet? Trick question. Just remember: in memecoins, the only thing sharper than the rallies are the corrections. Happy gambling—sorry, ’trading.’

Dogwifhat (WIF) price is up 12%, currently trading at $0.96, with the 24-hour trading volume surging over 80% to $428 million.

Similarly to POPCAT, WIF price has recently broken the uptrend structure, forming a lower low at $0.80. However, three days ago, the price strongly rebounded from that level and is now continuing its recovery, having just wicked above the 20 EMA.

With the continuation of the bounce from $0.80, the memecoin‘s price has now reclaimed the previous higher low at around $0.95. If WIF maintains this upward momentum and closes above the 20 EMA, it could signal the resumption of an uptrend.

On the momentum side, MACD bearish crossover is still in place. However, histogram is negative but showing decreasing red bars, suggesting bearish momentum is weakening. RSI is 52, recovering from neutral territory, but still way below its moving average.

Mubarak (MUBARAK) price is up 12% in the past 24 hours, currently trading at $0.044, with the trading volume surging 80% to $55 million.

Since breaking out of its previous range on May 9, MUBARAK price has been consolidating in the $0.04 – $0.07 range. Recently, the price dipped below $0.04, but then bounced and reclaimed the $0.0430 support level.

However, volume is still weak, and the price has yet to break above the EMA 20, which is acting as its dynamic resistance. Despite this, bearish momentum is fading, as indicated by the declining MACD histogram and an upward-sloping RSI.

A break above the 20 EMA with strong volume WOULD likely confirm bullish momentum and open the path toward a retest of the $0.06 – $0.07 resistance at the top of the range.