Memecoins
Diversify with these top meme coins before they skyrocket
Fantom has unveiled a plan to launch much safer meme coins as a means to address concerns about market volatility and risks. Specifically, in Sydney, Michael Kong, CEO of the Fantom Foundation, presented a $6.5 million initiative to revolutionize the sector. This announcement occurred at the MemeGlobal event on April 30 and marked a significant step towards a more secure and structured launch of meme coins moving forward in the cryptocurrency industry. Furthermore, the Fantom Foundation announced 10 million in FTM rewards for meme coin holders and teams.
As a result, it is clear that there is a great level of interest in memecoins and that their presence and dominance within Web3 may increase in the coming years. As a result, it is essential for traders to diversify into top memecoins before their increase in value, such as KangaMoon (KANG), Floki (FLOKI), Bonk (BONK), Book of Meme (BOME), and Memecoin (MEME). Today we will look at their pricing performance and overall technology to understand why they manage to see the biggest price increases.
The 5 best meme coins to diversify with as an influx of major investments enter the sector
As major investments are heading towards the overall evolution and improvement of the memecoin space, it is likely that some meme coins may experience a price increase following the implementation of all the changes. Accordingly, here we will delve into the top 5 meme coins that can see the most significant price increases. Eventually, we will see why these are some of the best meme coins to get.
1. KangaMoon (KANG)
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 notable 400% price increase. From the first phase of its presale to today, the cryptocurrency has gone from $0.005 to $0.025. Furthermore, the pre-sale has raised $6 million, and as more than 20,000 users have signed up, the interest and demand is huge, which can lead to the project reaching $8 million by the end of the month.
Key catalysts for this major level of growth include the unique implementation of a Play-to-Earn (P2E) game, along with Social-Fi elements and a community-driven approach. These aspects can help it redefine the meme coin space, as its KANG token also has extensive token utility and can experience a further upward price trend as a result. In the P2E world, anyone can earn KANG tokens and other rewards by completing weekly, monthly, and quarterly challenges. Players gain control of a character, develop them and unlock unique abilities, and can even buy, sell or trade NFTs on the dedicated marketplace with KANG.
Recently, the team behind the project has also established a strategic partnership with RaidSharks, and this can help increase overall community engagement as it will also introduce a huge monthly prize pool. According to analysts’ projections, KangaMoon can rise 100 times after its launch and major exchange listings, making it one of the best meme coins to watch.
2. Floki (FLOKI)
Floki (FLOKI) is a cryptocurrency inspired by the Shiba Inu project, however it is a major competitor. It was created by the community in response to Elon Musk’s love of meme coins and has evolved into a full-fledged Web3 project.
The Floki price has also seen notable price increases, as it has increased by 360% in the last year. Furthermore, in the last two weeks, the Floki cryptocurrency has grown by 12%, and in the last week it went from a low of $0.000145 to a high value of $0.0001977. As a result, sentiment about its future is bullish, and according to Floki’s price prediction, it could close the fourth quarter of 2024 at $0.000380, positioning it as one of the strongest meme coins to keep an eye on.
3. Bon (BONK)
Bonk (BONK) is a meme coin built on the Solana blockchain and has seen a notable level of growth over the past year. The project aims to be a community coin on top of Solana and will be used in many decentralized applications (dApps) in the future.
For the moment, in the last year, the Bonk cryptocurrency has grown by 3,149.2%. Just in the past week, Bonk’s price has risen from $0.00002121 to a high price of $0.00002924, positioning it for major gains in the future as well. According to Bonk’s price prediction, it could end the fourth quarter of 2024 at $0.000038, making it one of the strongest meme coins to invest in.
4. Book of Memes (BOME)
Book of Meme (BOME) is a memecoin that aims to revolutionize meme culture in the decentralized space. The project also aims to provide users with an optimized Web3 experience and even offer a secure and seamless platform for cryptocurrency trading.
As for the price action of Book of Meme, it has remained bullish during the last few trading sessions. According to the chart parameters, on a weekly level, the Book of Meme cryptocurrency went from a low of $0.008413 to a high of $0.01145. As a result, according to the Book of Meme price prediction, it could close the fourth quarter of 2024 at $0.0147, positioning it as one of the best meme coins to invest in.
5. Memecoin (MEME)
Memecoin (MEME) is a meme coin compatible with the ERC-20 token standard and has no function, no utility and does not even have any intrinsic value of promising financial returns. There is no roadmap and it was created for entertainment only.
However, this has not stopped Memecoin’s price from increasing in value and climbing the charts with its trading volume. In the last six months, the Memecoin cryptocurrency has increased by 35% and in the last week it went from a low of $0.02264 to a high price of $0.03082. According to Memecoin price prediction, it could end Q4 2024 at $0.0241, making it one of the best meme coins to buy now.
Make the right decision when switching to meme coins
It’s clear that more companies than ever are diving into the memecoin space. As a result, it now presents a solid opportunity to diversify holdings and start accumulating meme coins. While Floki, Bonk, Book of Meme, and Memecoin are all solid choices, KangaMoon has the highest potential in terms of ROI and is poised to reach a peak in value after the completion of its pre-sales and major exchange listings, making it one of the best meme coins to get. .
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