Currently, there are more than 300 meme coins buzzing around in the crypto world. Figuring out which one to invest in might feel daunting, but fret not! This article is here to guide you through the top 6 meme coins poised for potential profit in 2024 after Bitcoin halving.
A meme coin is a cryptocurrency that finds its roots in memes, animals, or humorous characters. These digital currencies often gain traction thanks to dedicated communities sharing a mutual interest. The enthusiasm within these communities can transform a meme into a legitimate cryptocurrency.
However, while meme coins offer entertainment value, they also come with significant risks. They’re highly volatile and notoriously difficult to forecast. Investing in meme coins can be precarious, as their value may fluctuate wildly or even plummet, presenting a considerable risk for traders. Nonetheless, let’s explore some of the top meme coins that might experience explosive growth in 2024.
Top 6 Meme Coins With 300x Potential
1. Pepe (PEPE)
- Market Cap: $1.78B
- Monthly Return: 355.96%
Pepe, born out of the iconic internet meme “Feels Good Man” frog, also known as Pepe the Frog, made its entrance in April 2023. Since then, it’s been riding a wave of bullish energy, with its price shooting up by a whopping 355% in just the last 30 days. With a total circulating supply of 420 trillion tokens, Pepe stands out, especially since more than 90% of them are snugly locked in liquidity pools.
2. Dogwifhat (WIF)
- Market Cap: $1,670,708,124
- Monthly Return: 648%
Imagine Dogwifhat as that fun-loving digital token hanging out in the Solana system, where cryptocurrencies zip around with ease and speed. It’s like having a playful pup sporting a cool hat as its logo. Dogwifhat belongs to the meme coin gang, a crew of cryptocurrencies known for their lighthearted, often joke-themed nature, which has gained massive popularity online.
This memecoin burst onto the scene in December 2023 and swiftly stole the spotlight. Its value skyrocketed to $0.53, catching the attention of many. But hold onto your hats—between January 8 and January 18, it went through a jaw-dropping 700% surge! Big names like Binance and BitMEX giving it a thumbs-up definitely helped fuel this rise. And as of now, Dogwifhat is proudly standing at 1.69.
In some interesting news, Lookonchain, the on-chain data provider, spilled the beans on some cool stuff happening with Dogwifhat (WIF). It seems a big fish or whale in crypto speak, recently made a splash by pulling out a chunk of Solana from Binance, worth about $918,000. They used this stash to scoop up 673,394 WIF tokens at $1.36 each.
What’s even more intriguing is this whale’s belief in WIF’s potential. They’ve already tossed in $2 million to snag a massive 2.82 million WIF tokens, with an average price tag of $0.71 per token. With an unrealized profit of roughly $1.35 million, it’s clear this whale is doubling down on Dogwifhat (WIF), fueling the buzz about its potential for major gains in the near future.
3. Bonk (BONK)
- Market Cap: $1.6B
- Monthly Return: 132%
Bonk entered the scene on the Solana blockchain back in December 2022, quickly grabbing attention thanks to its ties to Solana’s meme culture and its fun, meme-focused marketing. While Bonk faced some challenges in recent months, it’s made an impressive leap with growth shooting up by over 2233% in the past year alone.
But here’s the kicker: Bonk’s success is tightly intertwined with Solana’s own triumphs and the various projects thriving on its blockchain. Being a native token of Solana, Bonk’s fate is closely linked to how well Solana performs. And there’s plenty of optimism surrounding Solana-based ventures like Pyth, the Jupiter aggregator, JITO MEV infrastructure, MadLads, and Tensorians NFT projects, all adding to the excitement surrounding Bonk’s potential journey ahead.
4. Corgi AI (CORJIAI)
- Market Cap: $1.16B
- Monthly Return: 91%
Meet CorgiAI, the one-of-a-kind meme coin cruising through the Cronos blockchain scene. What sets it apart? Well, it’s all about blending the playful vibes of meme coins with the latest in artificial intelligence tech. CorgiAI has big dreams—it’s here to back various AI ventures, from whipping up and trading AI-generated artworks and NFTs to dishing out opportunities in the AI job market.
Sporting a total supply of 500 billion tokens and boasting a market cap of $1.16B, CorgiAI puts a spotlight on community involvement and pushing the boundaries in the ever-expanding realm of artificial intelligence.
5. Memecoin (MEME)
- Market Cap: $444,627,664
- Monthly Return: 53%
Memecoin (MEME) takes center stage as the native ecosystem token of Memeland. Picture it as the beating heart of a digital realm crafted by none other than 9GAG, the global meme sensation. Welcome to Memeland, where memes reign supreme and creativity knows no bounds. You can read more about this here. Now, this one’s a bit of a wild card. Memecoin isn’t about utility or grand promises. Nope, it’s all about one thing: memes. There’s no roadmap or financial forecasts to fuss over here—just pure, unfiltered meme magic. It’s like stepping into a digital playground where laughter reigns supreme, and memes are the currency of choice.
6. Shiba Inu (SHIB)
- Market Cap: $12.92B
- Monthly Return: 128%
Debuting in August 2020, Shiba Inu surged in popularity throughout 2021 and is poised to keep up its momentum in 2024. Known for its playful Shiba-themed concept and decentralized structure, SHIB has become a standout among meme coins.
Beyond its meme status, SHIB’s integration with the Ethereum network enables it to manage smart contracts. Presently, there are endeavors in progress to introduce an auto-burn mechanism designed to curb its vast token supply, which currently stands at trillions.
Shibarium, the transaction network tailored for Shiba Inu, is teetering on the brink of hitting a whopping 400 million transactions. This milestone isn’t just a number—it’s a testament to the substantial usage Shibarium is experiencing. What’s more, the network is on the cusp of locking in nearly $1 million, indicating a significant amount of capital flowing through the system.
Where to Buy Crypto?
Bitget stands out as a viable platform to purchase crypto. Known for its security and user-friendly interface, Bitget makes starting your cryptocurrency investment journey straightforward. To buy crypto on Bitget, simply create an account, complete the necessary KYC procedures, deposit funds, and execute your purchase.
