Cryptocurrency Investor Sentiment Rebounds: Meme Coin Surge... Top Tokens to Watch?

# Bitcoin Surges Past $94,000 as Meme Coins Ride the Momentum Bitcoin(BTC) soared past $94,000 on October 24, Korean Standard Time, reaching its highest level in six weeks. This upswing in the cryptocurrency market has also positively impacted meme coins, which are experiencing notable surges. Investors are closely monitoring the performance of major meme coins. Here is a detailed analysis of the top performers in the meme coin space. # Dogecoin Gains on Technical Rebound Signals Dogecoin(DOGE), the pioneering meme coin, has surged over 20% in the past week. It recently broke above the $0.20 mark and is now targeting a move past $0.26. Technical analysis indicates that Dogecoin has broken out of a falling wedge pattern, a bullish signal. Several analysts predict that DOGE could sustain its upward trajectory given this breakout. # Pepe Coin Soars Amid FOMO-Driven Buying Pepe Coin(PEPE), themed around the popular frog meme, has jumped approximately 30% over the past week. It is currently trading around $0.0000092, aiming to break past its key resistance level of $0.00001050. Market observers suggest that breaking this resistance could trigger a wave of buying interest, potentially accelerating its upward momentum. # Bonk Faces Key Resistance Despite 20% Daily Surge Bonk(BONK), a meme coin operating on the Solana(SOL) blockchain, posted a 20% gain within just one day, reaching the $0.000016 level. However, the token has stalled near a key resistance zone that has previously capped its price gains. Short-term analysts anticipate slight corrections but note that breaching the $0.0000178 resistance level could pave the way toward $0.00002044 in the near term. # Trump Coin Rises 10% on Breaking News Trump Coin(TRUM), another Solana-based meme coin, gained significant attention after being listed on major exchanges. Following reports that former U.S. President Donald Trump could lower tariffs on China, the token's price rose about 10%, trading at $9.47. As Bitcoin leads the resurgence of the cryptocurrency market, meme coins have also returned to the spotlight. However, amid the renewed activity, investors are advised to proceed with caution, given the inherent volatility associated with the meme coin sector. ▶