This article looks closely at the top 5 meme coins to buy in 2024. Based on research and market trends, we highlight some meme coins that could offer potential benefits. Let's take a look at the top 5 meme coins that could explode in July 2024.
Top 5 Meme coins
1. Shiba Inu Coin (SHIB)
Today, Shiba Inu is priced at $0.00001736 with a 24-hour trading volume of $207.70 million. Its market cap stands at $10.23 billion, making up 0.44% of the market. The SHIB price has risen by 0.68% in the last 24 hours.
Shiba Inu's highest price was $0.00008819 on October 28, 2021, and its lowest was $0.0000000005637 on November 28, 2020. Since hitting its all-time high, the lowest price recorded was $0.00005821, and the highest since then was $0.00004501. Currently, the sentiment for Shiba Inu's price prediction is bearish, with the Fear & Greed Index showing a neutral score of 47.
Assessing the potential for SHIB's price rise in July, several indicators suggest a positive outlook. Over the past year, SHIB's price has increased by 137%, outperforming 66% of the top 100 crypto assets, including Bitcoin and Ethereum. This robust performance demonstrates strong market confidence. Additionally, SHIB is currently oversold, indicating a potential for a rebound. With a negative yearly inflation rate of -0.01%, the value retention of SHIB appears favorable. These factors combined suggest that SHIB's price is likely to rise in July.
2 BOOK OF MEME (BOME)
Today, BOOK OF MEME (BOME) is priced at $0.010139 with a 24-hour trading volume of $676.85 million and a market cap of $699.28 million, making up 0.03% of the market. The BOME price has risen by 8.39% in the last 24 hours.
BOOK OF MEME hit its all-time high of $0.026886 on March 16, 2024, and its all-time low of $0.00005880 on March 14, 2024. Since reaching its peak, the lowest price recorded was $0.007192, while the highest price since that cycle low was $0.015846. The current sentiment for BOOK OF MEME's price prediction is neutral, with the Fear & Greed Index showing a score of 47. BOOK OF MEME has a circulating supply of 68.97 billion BOME, which is also its maximum supply.
The potential for BOOK OF MEME (BOME) to see a price rise in July looks promising based on several key indicators. Firstly, BOME has shown a strong performance with 16 green days out of the last 30, translating to a 53% rate of positive daily gains. This consistent upward movement suggests a robust demand and investor confidence in the asset. Additionally, BOME's high liquidity, evidenced by its substantial market cap of $699.28 million and a 24-hour trading volume of $676.85 million, indicates that the coin is actively traded and can handle large transactions without significant price swings. These factors combined suggest a favorable market sentiment and the potential for BOME's price to continue rising in July.
3. Pepe (PEPE)
Today, Pepe Coin (PEPE) is priced at $0.00001233, with a 24-hour trading volume of $525.96 million and a market cap of $5.19 billion, representing 0.23% of the market. In the last 24 hours, PEPE's price has decreased by 0.34%.
Pepe Coin reached its all-time high of $0.00001717 on May 27, 2024, and its all-time low of $0.0000000001057 on April 14, 2023. The lowest price since its ATH was $0.00009879, and the highest price since that cycle low was $0.00001335. Currently, the sentiment for PEPE's price prediction is bullish, with the Fear & Greed Index at a neutral score of 47. Pepe Coin has a circulating supply of 420.69 trillion PEPE, which is also its maximum supply.
Several key indicators suggest a strong potential for Pepe Coin (PEPE) to rise in price this July. Over the past year, PEPE has experienced an impressive 742% increase, demonstrating significant market interest and robust growth. It has outperformed 95% of the top 100 crypto assets, including major players like Bitcoin and Ethereum, highlighting its exceptional performance and investor confidence.
Additionally, PEPE is currently trading above the 200-day simple moving average, indicating a bullish trend and strong upward momentum. High liquidity, as evidenced by its substantial market cap of $5.19 billion and active trading volume of $525.96 million, further supports the coin's ability to handle large transactions without significant price fluctuations.
These factors combined suggest that PEPE is well-positioned for a price increase in July, driven by strong historical performance, positive market sentiment, and technical indicators pointing to continued growth.
4. Bonk (BONK)
Currently, Bonk (BONK) is priced at $0.00002343, with a 24-hour trading volume of $243.48 million and a market capitalization of $1.57 billion, representing a market dominance of 0.07%. Over the past 24 hours, the BONK price has increased by 4.66%.
Bonk achieved its all-time high of $0.00004516 on March 4, 2024, and its all-time low of $0.00000000061753 on October 12, 2023. Since reaching its peak, the lowest price recorded was $0.00001260, and the highest since that cycle low was $0.00004430. The current sentiment for Bonk's price prediction is bullish, while the Fear & Greed Index remains neutral at 47. Bonk has a circulating supply of 67.22 trillion BONK out of a maximum supply of 93.08 trillion BONK.
The outlook for Bonk (BONK) suggests a strong potential for price growth in July, driven by several compelling factors. Over the past year, BONK has surged by an extraordinary 6,715%, underscoring robust market interest and impressive performance relative to its peers. It has outperformed 96% of the top 100 crypto assets, including major cryptocurrencies like Bitcoin and Ethereum, indicating significant investor confidence and strong market positioning.
Moreover, BONK is currently trading above its 200-day simple moving average, a bullish technical indicator suggesting continued upward momentum. The coin's high liquidity, supported by a substantial market capitalization of $1.57 billion and a 24-hour trading volume of $243.48 million, further enhances its ability to accommodate large transactions without substantial price volatility.
These factors collectively indicate a favorable environment for BONK's price to continue its upward trajectory in July. With a strong historical performance, positive market sentiment, and solid technical indicators, BONK appears well-positioned for potential price appreciation in the near term.
5. Dogecoin (DOGE)
Currently, Dogecoin (DOGE) is priced at $0.126589, with a significant 24-hour trading volume of $50.97 billion and a market capitalization of $18.29 billion, representing a market dominance of 0.79%. Over the last 24 hours, the DOGE price has increased by 2.93%.
Dogecoin achieved its all-time high of $0.738595 on May 8, 2021, and its all-time low of $0.00008547 on May 7, 2015. Since reaching its peak, the lowest price recorded was $0.049701, and the highest since that cycle low was $0.227362. The current sentiment for Dogecoin's price prediction is neutral, while the Fear & Greed Index remains at a neutral score of 47.
Dogecoin's current circulating supply stands at 144.46 billion DOGE. The yearly supply inflation rate is currently 3.30%, resulting in the creation of 4.62 billion DOGE over the past year.
The potential for Dogecoin (DOGE) to see a price increase in July looks promising based on several key indicators. Over the past year, DOGE has experienced a notable 102% increase in price, indicating strong market interest and positive momentum. Although it has outperformed 58% of the top 100 crypto assets, it has shown resilience and stability in its market positioning.
Moreover, DOGE benefits from high liquidity, supported by its substantial market capitalization, which currently stands at $18.29 billion. This liquidity allows for significant trading volumes and reduces the risk of price manipulation, making DOGE a preferred choice for many traders and investors.
These factors combined suggest a favorable environment for DOGE's price to potentially rise in July. With a solid historical performance, positive market sentiment, and robust liquidity, DOGE appears well-positioned to capitalize on market opportunities and sustain its upward trajectory.
