With gold and silver prices soaring, traders seek alternatives that may bring higher returns. They have turned to meme coins. Today, we’ll discuss the next meme coins to explode in 2024: KangaMoon (KANG), Dogecoin (DOGE), Shiba Inu (SHIB), Book of Meme (BOME), Pepe (PEPE), and Dogwifhat (WIF).
A closer look at the top meme coins
Millions of traders worldwide are paying attention to meme coins, and if you buy some today, you could make a pretty penny. While gold and silver continue rising, let’s discuss why buying certain meme coins may bring you faster gains.
KangaMoon (KANG) – The topmeme coin to invest in
KangaMoon (KANG) tops our list as the most promising meme coin. Its ongoing presale has attracted interest from traders all over the world. It has already raised $4.9M, and projections hint that it will reach $6M by the end of April 2024. Furthermore, over 5,800 individuals currently hold the KANG token.
Crypto Tracker
14.30%
What sets KANG apart from 99% of other meme coins is its tangible utility. This crypto is set to be the main in-game currency for KangaMoon’s upcoming Play-to-Earn (P2E) game. With this meme coin, users can buy in-game items or upgrade characters. Additionally, participants gain access to regular challenges for more tokens.
The KangaMoon team rewards active members with free KANG before its official launch. This drives community engagement and further increases interest in the meme coin. As a result, over 20,000 registered community members currently engage with KangaMoon’s online content, liking or sharing its social media posts.
One KANG token costs only $0.0196, as it is in Stage 5 of its presale. This is a 290% ROI for those who bought it early on. Since it also has connections to the P2E gaming market, which Yahoo Finance predicts will reach $885M by 2028, its long-term growth potential is excellent. Experts predict a rise to $1 for KANG once it hits Tier-1 CEXs in Q2 of 2024.
- Dogecoin (DOGE) - The first-ever meme coin
Next, we have Dogecoin (DOGE), the first meme coin. Even though this crypto was birthed as a joke, Dogecoin has proven resilient, amassing an incredibly loyal following. With celebrity endorsem*nts and the potential for massive rallies, DOGE is still trading gold for veteran traders. The Dogecoin price rose from $0.166 to $0.194 in the last 30 days, and its market cap surged from $23.81B to $27.97B. In addition, 27 technical indicators are showing green for the Dogecoin crypto, prompting experts in the crypto field to predict Dogecoin will hit $0.28 within Q2 of 2024. - Shiba Inu (SHIB) - one of the meme coin titans
Taking a page from Dogecoin’s book, Shiba Inu (SHIB) has become a successful meme coin. The self-proclaimed “Dogecoin Killer,” Shiba Inu markets itself as an eccentric yet possibly profitable crypto. CoinMarketCap data shows that the Shiba Inu price skyrocketed from $0.000026 to $0.000027 over the past week alone with its market cap jumping from $15.84B to $15.93B. Additionally, the Shiba Inu coin trades above its 21 and 50-day EMAs. Thus, analysts foresee SHIB reaching $0.000041 before Q2 of 2024 ends. - Book of Meme (BOME) - A meme coin riding a bullish wave Book of Meme (BOME) emerges as another lucrative meme coin amidst the surge in silver and gold prices. According to CoinMarketCap data, the Book of Meme price increased from $0.0011 to $0.011 in the last 30 days alone—a 1,100% jump. The Book of Meme market cap surged from $286M to $615M during that time. From a technical analysis perspective, this bullish trend for this meme coin may continue. In other words, nine technical indicators for the Book of Meme crypto are now in the green. As a result, crypto experts predict that Book of Meme will trade at $0.024 within Q2 of 2024.
- Pepe (PEPE) - The most memeable meme coin Pepe (PEPE) claims the penultimate place on our top meme coins list. Over the past seven days, the Pepe coin has been on an uptrend. This meme coin’s value grew from $0.0000065 to $0.0000069. Simultaneously, its market cap increased from $2.77B to $2.93B. The technical analysis for this meme coin also shows positive signs. For example, the Pepe coin trades above its 21 and 50-day EMAs. Moreover, 10 technical indicators suggest a buy zone for Pepe. Market analysts foresee PEPE hitting $0.0074 before the conclusion of Q2 of 2024, positioning Pepe as one of the meme coins to watch amidst the gold and silver pump.
- Dogwifhat (WIF) - A shining meme coin sensation Finally, we have to mention Dogwifhat (WIF), which has been trading in the green recently. CoinMarketCap data shows that the Dogwifhat price surged from $2.19 to $3.12 over the past month alone, and its market cap jumped from $2.41B to $3.12B. This increase places Dogwifhat as one of the best new meme coins to keep on your radar.
The technical analysis for the Dogwifhat crypto also shows bullish signs. Notably, there are seven technical indicators in the green for WIF, and owing to this crypto experts predict that Dogwifhat will soar to $4.14 within Q2 of 2024. This price prediction places Dogwifhat as one of the top meme coins to invest in.
Which crypto may rule the meme coin market?
As gold and silver prices rise, meme coins offer an alternative avenue for traders to make money. While Dogecoin, Shiba Inu, Book of Meme, Pepe, and Dogwifhat are all worth the hype, KangaMoon stands out in the meme coin space. With actual utility and a modest market cap of $19.6M, it possesses the potential for skyrocketing prices with comparatively fewer new investments.
To buy KANG, follow the links below:
Website: https://KangaMoon.com/
Join Our Telegram Community: https://t.me/KangaMoonofficial
Disclaimer: The above content is non-editorial, and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL's or Economic Times endorsem*nt. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.
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