Former Goldman Analyst Predicts at Least 25 Meme Coins in Top 100
Release: 2024/08/12 16:49 Reading: 315
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Former Goldman Sachs analyst Murad Mahmudov predicts that over 25 meme coins will reach the top 100 cryptocurrencies based on market capitalization. Currently, seven meme cryptocurrencies rank among the top 100, according to CoinGecko.
Dogecoin (DOGE) remains the largest meme cryptocurrency by market cap. Dogecoin gained popularity in 2013 and reached new heights in 2021 with support from celebrities like Elon Musk. Despite its price being lower than its 2021 peak, DOGE maintains a value of $14 billion, securing its place among the leading cryptocurrencies.
Shiba Inu (SHIB), the second-largest meme coin, has a market cap of $7.9 billion. This Dogecoin rival briefly surpassed DOGE in late 2021 due to a massive rally.
Pepe (PEPE), a challenger to DOGE and SHIB, ranks 27th. Solana-based canine meme coin dogwifhat (WIF) ranks 51st after gaining attention for its price surges this year.
Other meme coins in the top 100 include Bonk (BONK), Floki (FLOKI), and Brett (BRETT), which has a market cap below $1 billion.
Potential Contenders:
Additional meme coins may soon enter the top 100, such as Popcat (POPCAT), BOOK OF MEME (BOME), and Mog Coin (MOG).
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