With gold and silver prices rising, traders are looking for alternatives that can bring higher returns. They turned to meme coins. Today, we will discuss the next meme coins to explode in 2024: KangaMoon (KANG), Dogecoin (DOGE), Shiba Inu (SHIB), Book of Meme (BOME), Pepe (PEPE), and Dogwifhat (WIF).
A Closer Look at Top Meme Coins
Millions of traders around the world are paying attention to meme coins, and if you buy some today, you could make some good money. As gold and silver continue to rise, let’s discuss why buying certain meme coins can bring faster gains.
- KangaMoon (KANG) – The best meme coin to invest in
We place KangaMoon (KANG) as the most promising corner on our list. Its continuous presale has attracted interest from traders around the world. It has already raised $4.9 million and projections suggest it will reach $6 million by the end of April 2024. Additionally, more than 5,800 individuals now hold the KANG token.
What makes KANG stand out from 99% of other meme coins is the fact that KANG has real utility. This crypto will be the main in-game currency for KangaMoon’s upcoming Play-to-Earn (P2E) game. You can buy game items or upgrade characters. Additionally, you will have access to regular challenges to get more tokens.
The KangaMoon team rewards the most active members with free KANG before its official launch. This drives community engagement and further increases interest in the meme coin. Because of this, over 20,000 registered community members are now liking or sharing KangaMoon’s posts on social media.
Right now, one KANG token costs just $0.0196 as it is in Stage 5 of its presale. This is a 290% ROI for those who bought from the beginning. Because it also has connections to the P2E gaming market, which Yahoo Finance predicts will reach $885 million by 2028, its long-term growth potential is excellent. Experts predict a rise to $1 for KANG once it hits level 1 CEXs in Q2 2024.
- Dogecoin (DOGE) – The first Meme Coin
Next we have Dogecoin (DOGE), the first meme coin. Although this crypto was born as a joke, Dogecoin has proven to be resilient and has an incredibly loyal following. With celebrity support and the potential for massive rallies, DOGE is still trading gold for veteran traders.
Dogecoin’s price has risen from $0.166 to $0.194 in the last 30 days, and its market value has risen from $23.81 billion to $27.97 billion. Furthermore, 27 technical indicators are green for Dogecoin. Because of this, experts in the field predict that Dogecoin will reach $0.28 in the second quarter of 2024.
- Shiba Inu (SHIB) – A Meme Coin Titan
Taking a page from Dogecoin’s book, Shiba Inu (SHIB) has become a success. The self-proclaimed “Dogecoin Killer,” Shiba Inu markets itself as an eccentric but possibly profitable crypto.
Data from CoinMarketCap shows that the price of Shiba Inu has skyrocketed from $0.000026 to $0.000027 in the past week alone. Its market value jumped from US$15.84 billion to US$15.93 billion during this period. Furthermore, Shiba Inu coin trades above the 21-day and 50-day EMAs. Thus, analysts predict SHIB to reach $0.000041 before the end of Q2 2024.
- BOME – AMoeda Meme Taking advantage of a bullish wave
Book of Meme (BOME) is another hit as silver and gold rise. According to data from CoinMarketCap, it has increased from $0.0011 to $0.011 in just the last 30 days – a 1,100% jump. Book of Meme’s market capitalization increased from $286 million to $615 million during this period.
From a technical analysis perspective, this uptrend for this meme coin could continue. In other words, nine technical indicators are now in the green. For all these reasons, experts predict that Book of Meme will trade at $0.024 in Q2 2024.
- Pepe (PEPE) – The new Meme Coin
Second to last in our top currencies is Pepe (PEPE). Over the past seven days, Pepe coin has been trending upwards. The value of this meme coin grew from $0.0000065 to $0.0000069. Simultaneously, its market value increased from US$2.77 billion to US$2.93 billion.
The technical analysis of this meme coin also shows positive signs. For example, Pepe coin trades above the 21-day and 50-day EMAs. Furthermore, ten technical indicators are in Pepe’s buy zone. Thus, market analysts predict PEPE to reach $0.0074 before the end of Q2 2024. This makes Pepe one of the meme coins to watch.
- Dogwifhat (WIF) – A brilliant meme coin sensation
Lastly, we have to mention Dogwifhat (WIF), which has been trading in the green recently. Data from CoinMarketCap shows that the price of Dogwifhat rose from $2.19 to $3.12 in the last month alone. During this period, its market value jumped from US$2.41 billion to US$3.12 billion. This rise puts Dogwifhat as one of the best new meme coins to keep on your radar.
Dogwifhat technical analysis also shows bullish signs. Notably, there are seven green technical indicators for WIF. Because of this, experts in the field predict that Dogwifhat will rise to $4.14 in the second quarter of 2024. This price prediction places Dogwifhat as one of the top meme coins to invest in.
Which Crypto Can Rule the Meme Coin Market?
As gold and silver rise, meme coins offer a different way for traders to make money. While Dogecoin, Shiba Inu, Book of Meme, Pepe, and Dogwifhat are worth watching, KangaMoon stands out in the meme coin space. Since it has real utility and a low market capitalization of $19.6 million, it needs much less new funding for its price to skyrocket. To buy KANG, follow the links below.
Discover exciting KangaMoon (KANG) presale opportunities today!
Website:https://KangaMoon.com/
Join our Telegram community:https://t.me/KangaMoonofficial
