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The crypto world is evolving, and memecoins are now moving to the top of the food chain. Before now, they were not a huge deal in the crypto community and received little to no attention after the emergence of Shiba Inu and Dogecoin.
However, the tides have turned, and everyone is going crazy about them. Even celebrities have caught the memecoin fever as celebrity-backed memecoins run wild in the market.
Angry Pepe Fork (APORK): a Solana-based memecoin that is set to revolutionize the memecoin market with its “Conquer To Earn” model.
Shiba Inu (SHIB): The Dogecoin killer and second largest memecoin by market cap in the meme coin sector.
Pepe (PEPE): An Ethereum-based memecoin that has no utility.
Floki (FLOKI): the memecoin that is working towards building a more comprehensive ecosystem.
Notcoin (NOT): The Tap-to-Mine coin that became popular through Telegram and has more on-chain holders than Shiba Inu and Pepe.
Angry Pepe Fork (APORK) is a new Solana-based meme coin that is making waves in the crypto world. Backed by a solid community and featuring an innovative “Conquer to Earn” model, Angry Pepe Fork is setting out to transform the meme coin market. This is the major feature that makes the APORK different from other meme coins.
The ‘Conquer to Earn’ model is about assembling a group of people to eliminate the zombie memecoins to get rewards. This system turns APORK to be not only a meme coin but also a token with practical use and value as users are incentivized to engage. In order to increase the confidence among the users of APORK, the project has got its smart contract audited by SOLIDProof. Thus, the platform is very secure.
Also, APORK has a staking feature where members can seal their tokens for a period of 30 days, 60 days or 90 days. The more days the coins are locked the higher the APY of the coins. It is a clear strategy to increase the use and presence of APORK in the market through forging of partnership relations.
With the current price of the APORK token at $0.014 and predictions of further price rises, APORK is one of the best memecoins to invest in this year for gains. Market experts have forecasted a potential 100x price surge in the coming months.
Shiba Inu (SHIB), the second in command after Dogecoin, is another memecoin that is a worthy contender for the top spot. The Shiba Inu army has been at the forefront of development this year. Not only have they been burning SHIB tokens to reduce its supply, but they are also working on building a decentralized ecosystem where Shiba Inu holders have control over their identity.
Analysts are expecting these projects to yield results in the coming months and positively affect the value of Shiba Inu. Their price target for the memecoin this year is $0.00005633.
Being one of the best-performing memecoin in May and outshining top meme coins like Dogecoin, Pepe (PEPE) is a worthy contender for the biggest meme coin this year. Pepe hit new highs and became the third largest memecoin with no major project to back it up.
Pepe coin rose up the ranks based entirely on people’s expectations and activity on social media. However, Pepe is still among the list of best market analysts who are able to predict the further growth of the price. They have forecasted a new all-time high before the year runs out.
Floki (FLOKI) is another meme coin that has the potential to be the best contender of 2024. The community is currently working on expanding the Floki ecosystem to include more projects and developments that might attract more users in the coming months.
One of such projects is the plan to launch a mobile app version of its metaverse game, Valhalla, later this year. With these developments, market experts have predicted a price target of $0.0004134 before the year runs out.
Despite starting as a Tap-to-Mine coin on Telegram, the value of Notcoin (NOT) has increased over the past month. Listings on top exchanges have fueled its growth by increasing trading volume and market cap.
Notcoin’s trading volume went so high that it surpassed that of top meme coins like Shiba Inu and Dogecoin. Sadly, Notcoin has come under selling pressure, dropping into the red region on the weekly chart. Analysts are still optimistic about its future potential and have predicted a rise to $0.03136 this year.
Low Entry Cost: Many of these memecoins are relatively affordable and this gives many people an opportunity to invest in them and make a lot of profits if the prices increase in the near future.
Popularity: Another way Memecoins can gain a lot of popularity is through social media and celebrities which can cause a spike in prices quickly.
Community Support: This has been because of the support from the community which has welcomed memecoins as one of the trends in the market. Owing to the support of the community, there is increased traffic and high prices since the members of the community promote the coin on various social media platforms.
Utility: The Angry Pepe Fork and Floki teams are working on adding more utility for their meme coins so they can have more uses to drive their value than depending purely on hype.
The meme coin sector is growing fast and might cover other coins in the crypto sector. This is the right time for the investors and traders to get in on the memecoin hype for the next bull run.
While Shiba Inu, Pepe, Floki, and Notcoin are good memecoins to buy, the new contender, Angry Pepe Fork, is a good option to consider due to its low market cap, low total supply, and connection to the Solana network. Due to these features, analysts have tagged it the best memecoin to buy for 100x gains this year.
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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.
