Best Meme Coins For Investors This October

3 Meme Coins To Watch In Early October

The meme coin market started the new month with strong momentum before facing a sharp correction, currently sitting at a market cap of $67.4 billion. Despite volatility, several altcoins continue to show strong growth potential.

BeInCrypto highlights three meme coins that investors should closely monitor as Q3 unfolds.

Pump.fun (PUMP)

Pump.fun’s native token, PUMP, has quickly become one of the top-performing altcoins this month, recording a 66.8% surge since the start of October. At press time, PUMP trades at $0.0056, attracting investors with its steady upward trend.

While not a pure meme coin, PUMP is tightly connected to the meme coin ecosystem through Pump.fun, a major launchpad for thousands of meme tokens. This association has fueled PUMP’s rise, even amid broader market volatility.

The token recently hit a new all-time high (ATH) of $0.0090 and could retest this level if it breaks above $0.0077. On-chain data shows the Chaikin Money Flow (CMF) above zero, suggesting increased inflows and supporting a bullish outlook.

However, if bearish sentiment spreads across the broader crypto market, PUMP may retrace to $0.0047, and in a deeper correction, even down to $0.0041, invalidating the bullish case.

Source : TradingView

Memecore (M)

Memecore (M) has emerged as a standout in the meme coin sector, skyrocketing 243% in just one month. Currently trading at $2.33, M continues to demonstrate resilience despite market-wide fluctuations.

The challenge for M is to sustain its momentum. With its ATH at $2.99, the token needs to flip $2.61 into support to attract fresh demand. A successful breakout could push M closer to retesting record highs.

On the downside, a break below $2.17 could expose M to further declines toward $1.87, and in an extended bearish scenario, to $1.33. Such a move would undermine its bullish structure and trigger investor caution.

Source : TradingView

HarryPotterObamaSonic10Inu (HPOS10 / BITCOIN)

Another surprising meme coin gaining traction is HarryPotterObamaSonic10Inu (HPOS10), which has surged 44% since early October. At present, it trades at $0.114, just below the key resistance level of $0.116.

Technical indicators suggest that the Exponential Moving Averages (EMAs) are on the verge of forming a Golden Cross, a strong bullish signal. If momentum holds, HPOS10 could climb to $0.128 or higher, rewarding holders with further gains.

Conversely, fading momentum could push HPOS10 back to $0.099, with a deeper pullback targeting $0.090, potentially invalidating the bullish outlook.

Source : TradingView

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.