The cryptocurrency market is recovering, and meme coins are showing significant growth, with some even reaching new all-time highs.
BeInCrypto analyzed three meme coins that have stood out during the recovery stage.
GOAT
GOAT has shown an impressive upward trend this week, surging 177% and reaching a new high of $0.902. Currently, this meme coin is firmly maintaining a support level of $0.640, which has become an important foundation for strengthening investor confidence. This performance has made GOAT one of the most outstanding meme coins in recent days.
If the cryptocurrency market continues its upward trend, the likelihood of GOAT's upward momentum continuing is high. In this case, GOAT could reach the important milestone of $1.000.
CAT
CAT has shown an impressive upward trend over the past week, with its weekly high reaching almost a new all-time high of $0.00004650. This remarkable performance has attracted the attention of investors, and the meme coin continues to show promising growth. This performance has strengthened market optimism and attracted more traders and investors.
Currently, CAT, which has risen 57% this week, is trying to establish $0.00004063 as a new support level. If this support level is secured, the meme coin could make another attempt to form a new all-time high.
GIGA
While not showing the same dramatic surge as other meme coins, GIGA has achieved a steady 26% increase. Considering the stability it has maintained over the past few weeks, this continuous growth is noteworthy.
Over the past month, GIGA has maintained an upward trend, and this week's 26% increase has strengthened that trend, allowing GIGA to form a new all-time high of $0.0686.