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Fantom has unveiled a plan for far safer meme coin launches as a means of resolving concerns surrounding market volatility and risks .Specifically, Sydney, Michael Kong, CEO of Fantom Foundation, unveiled a $6.5 million initiative to revolutionize the sector. This announcement occurred at the MemeGlobal event on April 30, and marked a significant move towards a safer, and more structured launch of meme coins moving forward in the crypto industry. In addition, the Fantom Foundation announced 10 million in FTM prizes for meme coin holders and teams.
As a result of this, it's clear that there is a major level of interest in memecoins, and their presence and domination within Web3 can rise in the upcoming years. As a result, its essential for traders to diversify with top memecoins prior to their surge in value, such as KangaMoon (KANG), Floki (FLOKI), Bonk (BONK), Book of Meme (BOME) and Memecoin (MEME). Today, we will go over their price performance and overall technology to see why they can see the most major price increases.
As major investments are heading towards the overall evolution and improvement of the memecoin space, it's likely that some meme coins can experience a price surge following the implementation of all of the changes. As a result, here, we will dive deeper into the top 5 meme coins that can see the most significant price gains. By the end, we will see why these are some of the top meme coins to get.
KangaMoon (KANG) is one of the latest projects to enter the meme coin space, but despite this it has already taken it by storm with a major 400% price increase. Since the first stage of its presale, to now, the crypto has increased from $0.005 to $0.025. In addition, the presale has raised $6 million, and given that over 20,000 users signed up, interest and demand is massive, which can result in the project reaching $8 million by the end of the month.
The key catalysts for this major level of growth include its unique implementation of a Play-to-Earn (P2E) game, alongside Social-Fi elements and a community-driven approach. These aspects can help it redefine the meme coin space, as its KANG token also has vast token utility and can experience a further price uptrend as a result of this. Within the P2E world, anyone can earn KANG tokens and other rewards through completing weekly, monthly and quarterly challenges. Players gain control of a character, build it up and unlock unique abilities, and they can even buy, sell or trade NFTs on top of the dedicated marketplace with KANG.
Recently, the team behind the project also established a strategic partnership with RaidSharks, and this can help boost the overall community engagement as it will also introduce a massive monthly reward pool. According to analyst projections, KangaMoon can spike 100x following its launch and major exchange listings, making it one of the best meme coins to watch.
Floki (FLOKI) is a cryptocurrency which was inspired by the Shiba Inu project, however, is a major competitor. It was created by the community in response to Elon Musk’s love for meme coins, and has evolved into a fully-fledged Web3 project.
The Floki price also experienced substantial price gains, as it increased 360% within the past year. Moreover, in the past two weeks, the Floki crypto is up 12%, and during the past week it moved from a low point of $0.000145 to a maximum value at $0.0001977. As a result, sentiment on its future is bullish, and according to the Floki price prediction, it can end Q4 of 2024 at $0.000380, positioning it as one of the most solid meme coins to watch.
Bonk (BONK) is a meme coin which was built on top of the Solana blockchain and experienced a major level of growth within the past year. The project aims to be a community coin on top of Solana, and will be utilized across many decentralized applications (dApps) at some point in the future.
For the time being, within the past year, the Bonk crypto has surged by 3,149.2%. Just within the past week, the Bonk price is up from $0.00002121 to a maximum price of $0.00002924, and this aspect positions it for major gains in the future as-well. According to the Bonk price prediction, it can end Q4 of 2024 at $0.000038, making it one of the most solid meme coins to invest in.
Book of Meme (BOME) is a memecoin aiming to revolutionize meme culture within the decentralized space. The project also has the objective of providing users with an optimized Web3 experience and even offer a secure, and seamless platform for swapping cryptocurrencies.
As for the Book of Meme price performance, it has remained bullish during the past trading sessions. According to the on-chart metrics, on a weekly level, the Book of Meme crypto moved up from a low point of $0.008413 to a maximum value of $0.01145. As a result, according to the Book of Meme price prediction it can end Q4 of 2024 at $0.0147, positioning it as one of the best meme coins to invest in.
Memecoin (MEME) is a meme coin that is compatible with the ERC-20 token standard, and has no function, no utility, and does not even have any intrinsic value of promise of financial returns. There is no roadmap, and it is created for entertainment only.
However, this has not stopped the Memecoin price from spiking in value and climbing up the charts with its trading volume. During the past six months, the Memecoin crypto went up by 35%, and within the past week it's risen from a low point of $0.02264 to a maximum price of $0.03082. According to the Memecoin price prediction, it can end Q4 of 2024 at $0.0241, making it one of the best meme coins to buy now.
Its clear that more companies than ever before are diving into the memecoin space. As a result, now marks a solid opportunity to diversify holdings and begin accumulating meme coins. While Floki, Bonk, Book of Meme and Memecoin are all solid choices, KangaMoon has the highest potential for ROI and is primed to spike in value following the completion of its presale and major exchange listings, making it one of the top meme coins to get.
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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.
