Over the past few weeks, the meme coin market has been on a strong uptrend, outperforming the rest of the cryptocurrency market. With meme coins pumping, speculations of a repeat of the infamous 2021 meme coin season are flooding the crypto market.
A top crypto trader and the co-founder of Mechanism Capital, Andrew Kang, has confirmed the meme season. According to Kang, many projects in the meme coin space will experience massive price increases, ranging from 5x to as high as 100x in 2024.
This prediction means that the biggest gains are still in front. As a result, many investors are looking for the top meme coins to invest in for significant gains in 2024. Read on to find the top 8 meme coins you should HODL in 2024.
KangaMoon (KANG) is one of the new meme tokens that has gained significant traction in 2024. The project merges finance, gaming, and community to create a unique Social-Fi concept where users are rewarded based on their level of engagement in the community.
The platform provides weekly, monthly, and quarterly challenges, events, and special giveaways where users can earn KANG and other exciting rewards. The more active you are on the platform, the more you participate, the more you can win.
In addition, KangaMoon also rewards its users for holding the KANG token during its presale. With its innovative new model and great reward structure, KangaMoon has been tipped to become one of the meme coin market leaders in 2024.
Already, the price of KANG has increased by more than 125% to set a new high at $0.01125 per coin. KangaMoon has also been very successful in its presale, closing in on $650,000 in its first three stages. However, as the meme season matures, crypto experts have forecasted gains of up to 100x for KANG, making it one of the best meme coins to invest in.
Thanks to its relationship with former President Donald Trump, MAGA (TRUMP) has quickly emerged as one of the top meme coins to buy in 2024. MAGA, a meme coin that is named after a popular comment from Trump, "Make America Great Again," has gained attention as one of the first PoliFi projects.
MAGA merges politics, finance, and community, making it a unique project in the meme coin space. This has fueled its rapid growth over the past few months, gaining over 3,000% since the beginning of 2024. With the US elections coming up soon, MAGA could further extend its gains by up to 4x.
While Shiba Inu has been one of the top meme coin titans, it has remained a very good investment option. SHIB has been one of the meme coin season leaders, with its price increasing by more than 200% in February.
Shiba Inu has maintained this level of excitement heading into March. Shiba Inu recently became the first top meme coin to adopt an advanced FHE technique to enhance its security. In addition, the Shiba Name Service was launched in March.
While its price has crossed $0.0000400 in March, many top market analysts are bullish about SHIB. They are optimistic that Shiba Inu will form a new all-time above $0.0001 in 2024, making it one of the best meme coins to buy now.
As the first meme coin on the Solana network, Bonk (BONK) quickly became one of the best picks. In addition, Bonk has utility as one of the next meme coins. It was created to return liquidity to the Solana DEX ecosystem.
In February, the price of BONK increased by more than 150%, highlighting the continuous growth. Although BONK is down from its ATH by more than 40%, its track record suggests that the meme coin could increase by up to 5x before the end of 2024.
Within the cryptocurrency community, "wen" is one of the most popular slangs. The term became popular in 2017, one of the previous bull markets. With this new meme coin named after a popular crypto term, there are high hopes for it in 2024.
The goal of Wen is to permanently spread awareness of this culture. In a short amount of time, the challenge garnered enough attention to elevate it above other cryptocurrency projects, and one million cryptocurrency wallets benefited from the endeavor.
Wen has also been on the rise, increasing by more than 300% in February. While Wen is trading in the $0.0002300 range, crypto experts have forecasted that it could delete one zero and trade at $0.00200 before the end of 2024.
Toshi (TOSHI) is one of the new meme coins aimed at innovating the market. Despite the fact that most of the top meme coins are dog-themed, Toshi was one of the earliest cat-themed meme coins. The Toshi logo is actually the face of Base & Brian Armstrong's pet cat.
This also accelerated the popularity of TOSHI, which has been growing in the market. TOSHI has been impressive in 2024, more than doubling its price. With the popularity of the meme coin growing in the past few weeks, it is expected to hit new heights in 2024.
A meme coin designed specifically for meme enthusiasts, MOG Coin (MOG), has been gaining traction over the past few weeks. This project's goal is to compile a list of the most absurd and humorous memes available online.
The project has benefited from the community's search for viral memes and content, growing by more than 1,00% since February. As we enter the meme coin season, Mog Coin is projected to benefit. MOG could see another 10x price gain in 2024 to hit new ATHs at $0.00000500.
dogwifhat (WIF) is one of the meme coin titans of the Solana network. Over the past few weeks, dogwifhat has been gaining traction over the past few weeks, rising by more than 500% on the monthly chart. WIF has set a new ATH in 2024 at $1.720.
dogwifhat was created to allow users to track transactions and on-chain data for SOL and Solana-related tokens, giving it utility. The project recently got listed on Binance, highlighting its increased adoption. Although dogwifhat has retracted back to the $1.35 level, crypto experts are optimistic that WIF will set a new ATH in 2024 as high as $3.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.