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Across the Web3 space there has been a lot of excitement surrounding the market cap of cryptocurrencies, as many have exponentially grown. With Bitcoin (BTC) breaking above the $68,000 zone, and moving its way closer than ever before to it's all-time high, it's clear that a major wave is being made across the industry from bulls.
Leading this resurgence are meme coins, as they have been a huge point of appeal, both due to their massive growth opportunities and low cost. Today, we will go over KangaMoon (KANG), Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), Dogwifhat (WIF), Floki (FLOKI) and Baby Doge Coin (BABYDOGE) to see why they are the best meme coins to buy now.
KangaMoon (KANG) has gained a significant level of attention with its cryptocurrency ICO due to its rich feature-set and vast ecosystem. It will include a community-driven approach to its platform, alongside Social-Fi elements. Moreover, anyone will be able to earn by commenting on tweets, or resharing them during the presale period, making it the best meme coin to invest in.
The ecosystem will also feature virtual boxing matches where anyone can compete to get rewards. Others can even spectate and place bets on the potential winners, and earn that way. Users can even compete in weekly, monthly or quarterly challenges.
The project has reached Stage 3 of its presale, where it trades at $0.01125. It's up 125% since its starting value, and has raised over $951,000. It also features a 10% bonus on any purchases made during this stage, and at launch, analysts project a price upswing of 100x. These aspects make it one of the best meme coins.
Dogecoin (DOGE) experienced a notable upswing recently, fueled by the enthusiasm of meme coins. Specifically, it was the first meme coin to truly boom in popularity, and was originally created as a joke. Fast forward to 2024 and it's the number one by market cap, cementing itself as an industry leader.
During the past month, Dogecoin's price went up by 97%, and it could soon reach new heights. Just in the past week alone, the value of the Dogecoin crypto moved up from $0.1169 to $0.1984. As a result, analysts are bullish on its future, and according to the Dogecoin price prediction, it can end 2024 at $0.2367.
Shiba Inu (SHIB) is another meme coin that's been a leader as of recently, and is dubbed as the "Dogecoin Killer". What separates it is its vast ecosystem, such as Shibarium's launch during the previous year, which is a Layer-2 scaling solution for Ethereum.
Similarly, it also reached significant gains during the past trading sessions, as its up 261.2% during the past month alone. Moreover, just in the past week, the Shiba Inu price
Pepe (PEPE) is another meme coin created as a joke, but unlike other similar projects on this list, it lacks any serious utility. In other words, it was created to have zero utility at all, and its team remains a mystery.
However, the cryptocurrency did experience significant growth, as during the past week, it surged by 134%. What's more impressive is its monthly growth, where the Pepe crypto spiked 658%. At this rate, it is bound to reach new heights, as based on the Pepe price prediction, it can end 2024 at $0.000011.
Bonk (BONK) has also made it up the list, as it's a cryptocurrency built on top of Solana, which grew the most in the meme coin sector as of recently. According to the whitepaper, it aims to become the community coin of Solana, and can be used across a variety of different decentralized applications (dApps).
As for its price performance, the year-to-date (YTD) price increase for the Bonk crypto was by 4,684.4%.
Moreover, during the past week alone, the Bonk price is up 27.4%, where it moved from a low point of $0.00002116 to a maximum value at $0.00004302. According to the Bonk price prediction, it can end 2024 at $0.000045.
Dogwifhat (WIF) is a meme coin that was created in 2023, and since then has seen major price movements on the charts. It's a decentralized cryptocurrency based on the Doge meme, and it isn't backed by any real-world asset. As a result, the value of this meme coin is based on speculation alone. Yet, the WIF format is a way t o store private keys for users of the Dogwifhat wallets, which does give it some utility.
As for the value of the Dogwifhat crypto, it's up 777.5% on the monthly chart, and could soon see even further gains. Just in the past week, its price more than doubled with an increase of 123%, as it moved from $0.72 to $2.16. According to the Dogwifhat price prediction, it can end 2024 at $0.2634.
Floki (FLOKI) is a meme coin that features its own decentralized community, with various products and services in its ecosystem. The FLOKI token is used as a payment currency, for collateral, and even for governance. There's Valhalla, a P2E NFT-based game and Metaverse, and FlokiPlaces, a merchandise and NFT marketplace, among other products.
During the past month, the price of Floki surged by 378%, and in the past week alone its up 131%. Moreover, during the past seven days, Floki moved up from $0.0000531 to a maximum value at $0.0001708. According to the Floki price prediction, it can end 2024 at $0.000208.
Baby Doge Coin (BABYDOGE) is another meme coin that was created to become an "improved" form of Dogecoin, with the objective of becoming more scarce over time. It is built on the Binance Smart Chain and follows the BEP20 token standard.
During the past month, the Baby Doge Coin price moved up by 92.2%. In the past week alone, the Baby Doge Coin crypto increased by 39.1%, and at this rate could reach new heights. According to the Baby Doge Coin price prediction, it can end 2024 at $0.0000000120.
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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.
