What a few days the crypto market is having. October started off a little rough after a great end to September, but now it is really living up to its ‘Uptober’ nickname. The resilience the market showed after the conflict in the Middle East and global uncertainty at the start of the month shows how far we have come. Now we are looking into very bullish conditions, hopefully for the rest of the quarter.
Bitcoin (BTC) is grabbing a lot of headlines as it has reached a high we haven’t seen since July. Experts are now wondering if a new all-time high is possible before November. It is the meme coin market, however, that has seen the most growth in the last 6 weeks in comparison to every other crypto sector. This has been a theme in 2024 and now the total market cap of the meme coin sector is above $57 billion.
That is a high we have not seen since June and should alert investors that now is the perfect time to invest in meme coins. We looked for the tokens with the most explosive growth and that led us to the presale market. We are currently living through the golden age of meme coins as some of these projects have amazing potential. Here are the top 7 choices:
Pepe Unchained ($PEPU)
Crypto All-Stars ($STARS)
Flockerz ($FLOCK)
FreeDum Fights ($DUM)
Memebet Token ($MEMEBET)
Sponge V2 ($SPONGEV2)
DogDump ($DOGDUMP)
We will now give you an in-depth look at each token so you can see why we think they all have explosive growth potential.
There are many reasons that investors should consider when they are looking for the perfect presale token. We think that normally, there is no one quality that should make you buy a coin but rather a combination of a few. However, every now and then you will come across a record-breaking presale like Pepe Unchained ($PEPU).
Luckily, a presale that breaks records also has a lot of substance to it. Pepe Unchained is now in rare company as one of the only presales to have surpassed $21 million. We know meme coin investors love the Pepe meme and this project has promised to unleash it so it can reach its full potential. The original Pepe Coin ($PEPE) is great but this takes things to a new level.
The plan of the project is to free Pepe from its Layer 1 constraints by building Pepe Unchained on its own Layer 2 chain. There are many benefits to this both for investors and the project. First of all, Layer 2 means faster transactions and cheaper gas fees. This means more room for gains. Perhaps even more exciting is the potential of being a powerful chain in the future.
By building on top of Ethereum Pepe Unchained can one day host other meme coins. They have even started taking steps toward this with the launch of the Pepe Frens With Benefits development grant. This will incentivize creators to build on Pepe Unchained. So who knows, maybe by this time next year Pepe Unchained will be the new Solana.
Get ready for a groundbreaking new meme coin project. Pepe Unchained was an easy selection because of its amazing presale, Crypto All-Stars ($STARS) is a little underrated in that category but has amazing potential. That is because the project is going to do something that has never been done in crypto before; allow multi-chain and multi-token staking under one roof.
It will be interesting to revisit 2024 in a few years and look at the major evolution the market went through. At the center of that revolution was the move toward utility. Meme coins have been legitimized in the eyes of most investors because of this move. It is staking that the majority of projects turned to as it is perfect for most meme coin projects.
Meme coins are naturally volatile so staking helps combat that and makes it more likely that the coins can survive the initial listings stage. So, staking has become very crucial in meme coin circles. Now, Crypto All-Stars ($STARS) is ready to take things to the next level. The presale has raised over $2.5 million so you can still buy tokens for a decent price.
At the center of the ecosystem is the Meme Vault. This is where investors can bring other top meme coins and stake them for rewards. If you hold the native token then your staking rewards will increase by 3x. A number of meme coins that can be staked have already been announced including PepeCoin ($PEPECOIN), Dogecoin ($DOGE), Shiba Inu ($SHIB), and Brett ($BRETT).
If you had a quick glance at the Flockerz ($FLOCK) project you would wonder to yourself; why don’t more projects go down the vote-to-earn route? It seems like a no-brainer, especially when it comes to meme coin projects. Investors are always going to be attracted to a scenario where they get a say in big project decisions and rewards for doing so.
This especially applies to meme coins as those investors tend to be the most community oriented. The reason we do not see vote-to-earn more is greed. Unfortunately, with meme coins individuals in charge of projects are often just looking for a big payout for themselves. That's why you often see pump-and-dump scenarios.
That is why coins like Flcokerz are so worth investing in. You are nearly guaranteed that the token will survive the listing's launch thanks to how much investors will be invested in the project. Flcokerz also represents a low-entry crypto as the presale is still in its very early stages. It has now raised over $900k.
Flcokerz is also giving up more control than is standard for a vote-to-earn project. They are almost giving investors complete control. King Birb, the meme at the center of the ecosystem is also a fun story. He was once a powerful leader of an army of degens. One day he woke up and realized that the real power lies in community so he elevated his followers to the position of leaders.
There are many reasons to be worried about the upcoming US election. The country is arguably the most divided it has been in decades. There will be a lot more madness unfolding over the next few weeks and in the aftermath of the election. Luckily we have a token like FreeDum Fighters ($DUM) to break the tension.
It is often left to the crypto market to inject a bit of humor into situations like this. As you can immediately tell from the name FreeDum Fighters is a comical meme coin project that makes light of the upcoming election. Its presale has literally just kicked off so investors have a chance to purchase the token at its beginning stages.
As we mentioned, this is a very satirical project. It pokes fun at both candidates but also interestingly will allow investors a platform to discuss their opinions. We like the way it manages to toe the line between humor and informed discussion. Once you purchase your tokens you will be able to join in on the discussion.
The project also operates a stake-to-vote system. This means that once you stake your $DUM tokens you will then be able to vote for either MAGATRON or KAMATRON. Staking will also earn you big rewards. The APY percentage isn’t on site yet but make sure to keep an eye out for it as it will pop up soon.
This is another project that has shown a lot of innovation and creativity. Memebet Token ($MEMEBET) will be the first-ever combination of a crypto casino and a meme coin project. What this will allow is the first web and Telegram casino that will allow its players to bet with meme coins. Imagine betting some $DOGE on a slot and winning big! Now you no longer have to dream.
We think this is a very smart combination by the creators of Memebet Token. We are writing this article because of how successful meme coins have been in 2024 but if there was another section of the market to pick that was also thriving it would be crypto casinos.
They have exploded in popularity in the last couple of years and arguably the sector has been the most successful at breaking into the mainstream. It is now very common to read online casino websites and hear them discuss whether a casino is compatible with crypto. Memebet Token will combine both and crucially it has a unique selling point that will help it stand out from the crowd.
There is a long list of tokens that you will be able to bet with that includes the big hitters on CoinMarketCap like $DOGE, $PEPE, and $SHIB. There is also more being announced almost every day.
The presale for Memebet Token is still in its early stages but has now surpassed $500k raised. Keep an out for campaigns on their social channels that reward investors for interacting with the project.
One of the meme coin launches we are most excited about in 2024 is Sponge V2 ($SPONGEV2). Now we should say we are a little biased in our opinion here as we were huge fans of the first token from this ecosystem. That was Sponge Token ($SPONGE) and there are high hopes that version 2 can achieve even more than the original.
For those that don’t know, or may need a refresher, Sponge Token was a meme coin launched in the summer of 2023. It came after Pepe Coin, but by then, investor sentiment had once again chilled and the market was very bearish. Despite this, it still managed to pump by hundreds of percent and gained a very healthy online following that should help Sponge V2.
This new version isn’t going to be a carbon copy. It will add some great utility through a P2E game. This will be a Spongebob-themed racing game so we are sure that will attract a lot of new investors. The way version 2 will launch is very interesting as it is not going down the traditional presale route. Instead, it will do something that is called stake-to-bridge.
How this works is investors who are interested in the new project must first buy and also stake $SPONGE Token. Don’t fret, as when you do the equivalent amount of Sponge V2 tokens will also be purchased for you and then stored. Once all the $SPONGE tokens have been sold, version 2 will launch and investors will get their tokens and staking rewards paid out over 4 years. A great way to ensure both tokens thrive.
DogDump ($DOGDUMP) is a much riskier selection than any of the above 6 projects but we still think it's worth a chance. The project revolves around Dogecoin performing poorly. Now, when the project launched $DOGE was struggling and this seemed like a great idea, but the market growth has ignited $DOGE which is up nearly 40% in the last 30 days.
That's why DogeDump is a long-term bet as we still also believe Dogecoin will not be the leading meme coin for too much longer. Every day that the price of $DOGE finishes in the red the project will burn 0.2% of the total allocation of $DOGDUMP. Scarcity is king in the market nowadays so this could become a very valuable token in the long run.
That is just about it from us now. We think that the projects we have selected are definitely the best meme coin presales with explosive growth potential. You will notice they all had unique selling points and this is what we think will attract investors and help them pump once listings begin.
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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.