{"id":301208,"date":"2024-08-23T03:38:44","date_gmt":"2024-08-23T03:38:44","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=news&p=301208"},"modified":"2024-08-23T03:38:44","modified_gmt":"2024-08-23T03:38:44","slug":"top-meme-coins-to-watch-in-august-2024-brett-turbo-and-emerging-players","status":"publish","type":"news","link":"https:\/\/www.techopedia.com\/news\/top-meme-coins-to-watch-in-august-2024-brett-turbo-and-emerging-players","title":{"rendered":"Top Meme Coins to Watch in August 2024: Brett, Turbo, and Emerging Players"},"content":{"rendered":"

Discover why Brett, Turbo, and the new meme coin Pepe Unchained are the altcoins to watch this August 2024.<\/b><\/p>\n

As the cryptocurrency market evolves, meme coins like Dogecoin, Shiba Inu, and Pepe are capturing significant investor attention.<\/p>\n

Ranked #9, Dogecoin<\/a> (DOGE) is currently priced at $0.1056 with a 24-hour trading volume exceeding $515 million. Shiba Inu<\/a> (SHIB) follows closely, holding the #13 spot with a price of $0.00001416 and a trading volume of over $209 million.<\/p>\n

Meanwhile, Pepe<\/a> (PEPE) has gained traction, sitting at #25 with a price of $0.057961 and a 24-hour trading volume of $602 million. The rise in these meme coins<\/a>, alongside others like Floki<\/a> and Bonk<\/a>, highlights their growing appeal and potential for substantial gains in the market.<\/p>\n

Brett Price Analysis<\/span><\/h2>\n

Brett<\/a> (Based) continues to garner attention, currently trading at $0.09195 with a 4.50% increase over the past 24 hours. The 24-hour trading volume stands at $40.11 million, securing Brett the #72 spot with a market cap of $911.26 million. The coin’s circulating supply is 9.91 billion out of a maximum 10 billion BRETT tokens.<\/p>\n

Currently, Brett (BRETT\/USDT) is in a consolidation phase following a recent surge. The price finds strong support at $0.08677, aligning with the 50-day Exponential Moving Average (EMA)\u2014a critical level for determining the short-term trend.<\/p>\n

The Relative Strength Index (RSI) at 62 suggests that Brett is neither overbought nor oversold, indicating room for potential upside movement.<\/p>\n

\"Bret
Bret Price Chart | Source: Tradingview<\/figcaption><\/figure>\n

Traders should monitor the price action closely. A break above the immediate resistance could push Brett towards a target of $0.09975. Conversely, a failure to hold the $0.08677 support level might lead to further downside, potentially testing the $0.08108 zone.<\/p>\n

Watch the $0.08677 support level carefully. If bullish momentum continues, consider buying above $0.09195.<\/p>\n

Turbo Price Analysis<\/span><\/h2>\n

Turbo<\/a> is currently trading at $0.0040, with a 24-hour trading volume of $58.7 million, reflecting a 1.67% increase over the last day. Ranked #216, Turbo boasts a live market cap of $261.6 million, with a circulating supply of 64.49 billion TURBO coins out of a maximum supply of 69 billion.<\/p>\n

Turbo\/Tether (USDT) is consolidating within a broad trading range on the 4-hour chart, fluctuating between $0.0044 on the upside and $0.0039 on the downside. The symmetrical triangle pattern forming within this range signals market indecision, as traders await a significant catalyst to drive the next move.<\/p>\n

\"Turbo
Turbo Price Chart | Source: Tradingview<\/figcaption><\/figure>\n

The 50-day EMA, positioned at $0.0041, highlights the struggle in price momentum. Candles hover around this level without a clear directional push.<\/p>\n

Conclusion: Consider selling below $0.0042 and buying above $0.0044.<\/p>\n

In addition to established coins like Brett and Turbo, emerging meme coins in their presale stages are also attracting new investors.<\/p>\n

Pepe Unchained: Emerging Player<\/h3>\n

Pepe Unchained<\/a> (PEPU), for instance, is making waves with its introduction of a Layer-2 blockchain on Ethereum. It aims to revolutionize the meme coin market by increasing transaction speed by 100 times while lowering fees.<\/p>\n

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We\u2019ve just hit $9.5M!<\/p>\n

So close to the next big milestone! Pepe Unchained is unstoppable and we\u2019re only getting started. Huge thanks to everyone on this journey with us! \ud83d\udc38\ud83d\ude80 pic.twitter.com\/l5SOUSpkJF<\/a><\/p>\n

— Pepe Unchained (@pepe_unchained) August 20, 2024<\/a><\/p><\/blockquote>\n