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4 Must-Have Meme Coins For 100X Gains Before Market Recovers – Crypto News
The crypto market is going through a tough patch where the fear and greed index has called it to be in a neutral zone. The neutral zone states that the buying and selling of cryptocurrencies is balanced. The global market cap has declined from earlier, and the same is true with the trading volume. However, meme coins’ performance is far better than the rest of the cryptocurrencies, leading to increased attention on them.
Before the crypto market recovers, let us discuss the four must-have meme coins for 100X gains in this blog.
Top Meme Coins For 100X Gains
The last few days have been great for a few meme coins like ERC20 token and The first YouTube Cat (PAJAMAS), which has surged more than 200% this week. This surge in less popular meme coins does indicate the possibility of entering the meme season before the bull run.
Regardless, cryptocurrencies like Dogecoin, Shiba Inu, Pepe, and dogwifhat have exhibited great potential and will continue to do so in the future as well. Let us discuss them one by one.
Dogecoin
Despite being the most popular meme coin, Dogecoin has faced a 34% drop this month, smashing its value down to $0.1408 with a market cap of $20,286,676,415 with a 5% decline. But this drop also puts the opportunity to make higher gains in this meme coin. It is because, in the case of market recovery, Dogecoin might surge to higher peaks because of its popularity and reputation in the crypto market. Also, DOGE’s ATH of $0.7376 cannot be ignored as it signifies its potential to surge to such heights again.
Though its value has declined over the period, the trading volume is still high, where it has surged 24.56%, pushing the value to $856,514,946.
Shiba Inu
Shiba Inu isn’t much behind Dogecoin in terms of popularity, as people have acknowledged its potential to win against any other meme coin. After surging to a two-year peak of $0.00003592 in March, SHIB’s price has declined to its current value of $0.00002331. During this month, the value has dipped 24.57%, and with the recovery, analysts believe it to surge beyond its March surge.
SHIB’s trading volume is also indicating its increased demand in the market. It has increased 19.21% in the last 24 hours, bringing the value to $432.07M.
PEPE
Contrary to his previous image of a pump-and-dump meme coin, PEPE had surged more than any other cryptocurrency this year. Just two months ago, PEPE had created an all-time high of $0.00001074, and a crypto market recovery will help to gain a similar hike again.
It is presently trading at $0.000006971 with a market cap of $579,297,646. PEPE has indicated an upsurge in its 20-and-50-day EMA slope, which opens the possibility of recovery soon. Analysts believe PEPE might surge to the $0.0000108 mark after a 45% gain in the upcoming days.
Dogwifhat
Dogwifhat has become one of the most successful Solana-based meme coins. It has set a record of being in profit for days continuously, where it surged to its all-time high of $4.85 a month ago. In such a short span of release in the market, dogwifhat has succeeded in gaining the most deserving attention.
Like any other cryptocurrency, dogwifhat also has a slow turn-in this month. But based on its previous performances, the expectations are high for it once the market recovers. At the time of writing, the token is trading at $2.69 with a market cap of $2,691,911,691.
Read More Altcoin Season 2024: 4 Factors for Delay in Altcoins Rally
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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