Release: 2024/03/12 01:04 Reading: 813
The crypto market is enjoying one of its best-ever spells, and there has never been a better time for investors to make a profit. Bitcoin (BTC) aside, the meme coin market may be the biggest benefactor of this bullish period. It can be seen by examining the prices of Pepe Coin (PEPE), Shiba Inu (SHIB), and Floki (FLOKI), which, in the last 7 days, have followed almost identical patterns and are all up over 130%.
However, it should be noted that all three meme coins are on the way down at the time of writing, and it may be best to turn them elsewhere. We have found five perfect coins to invest in right now as they are on an upward trajectory.
– Scotty the AI (SCOTTY)
– Smog Token (SMOG)
– Sponge V2 ($SPONGEV2)
-Frog Wif Hat (FWIF)
– Pikamoon (PIKA)
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2024 has brought about a lot of change in meme coins. The most notable aspect of this is projects adding utility to their ecosystems. While this is good, utility, for utility’s sake, is not enough to make a project worth investing in. Scotty the AI (SCOTTY) is a perfect example of a meme coin with a useful application.
The meme is a Scottish terrier, but this dog has much more use than most other dog meme coins. Scotty acts as an AI guard dog that guides and protects crypto investors as they explore the market. It has two main functions that can be divided into two categories: Scotty Swap and Scotty Chat.
Scotty Swap is basically a token exchange where investors can trade crypto. However, it is all done under the watchful eye of Scotty’s state-of-the-art AI technology. Scotty Chat is where Scotty’s companion nature kicks in. Through a chat service, you will get up-to-date market analysis and advice from Scotty, as well as protection, which will be useful to everyone, especially anyone new to the market.
A noticeable change in the meme coin world lately is how the Solana network keeps producing coins that are a huge success. Dog Wif Hat (WIF) and especially Bonk Coin (BONK) are two coins that have been pumping since their launch. Smog Token (SMOG) looks like it has the potential to be the biggest meem coin from the network.
The reason for this is the project knows what meme coin investors love most: airdrops and virality. The project will have massive airdrop events coming in the future. Before that, investors can earn airdrop points by buying and holding SMOG or completing daily tasks on Zealy. These are fun challenges that investors love, as millions have already been completed.
The more points they get, the more rewards they will receive. With a massive 35% of the total allocation of SMOg dedicated to these rewards, investors know they are in line for a payday. Another 50% of the allocation of SMOG is dedicated to marketing, so you know this coin will go viral. The project has the perfect ingredients for a successful meme coin.
Sponge V2 ($SPONGEV2) is the meme coin we had to do the least research for when making this list because it’s almost like a shortcut to profit investing in this meme coin. The reason for this is that the people behind the project have developed an innovative stake-to-bridge system that builds on the success of Sponge Token ($SPONGE), one of last year’s biggest meme coins.
For those who don’t remember, the most impressive aspect of Sponge Token’s success came from the roadblocks it had to overcome. After the initial success of Pepe Coin, %SPONGE was launched. Unfortunately, the market was bearish by then, and it had no publicity. Despite this, it pumped hundreds of percent and grew a substantial online following.
Now, we have version two. Investors wishing to get involved must first purchase and stake Sponge Token. When they do so, an equivalent amount of Sponge V2 will also be purchased for them and locked away. When $SPONGE sells out, they can claim their new $SPONGEV2 tokens and the staking rewards they have earned. The perfect way to bridge the gap.
We already mentioned in the discussion about meme coins how utility has become very valuable in 2024. However, it is not a necessity. The crypto market goes in cycles, and history tends to repeat itself. That is why we are intrigued by Frog Wif Hat (FWIF).
This meme coin is a throwback in the sense that it is only here to go viral and pump. The meme itself is another frog meme coin, but with a twist. Often seen with a beret, a baguette, and a glass of wine, it is pretty clear this frog is French. If you weren’t 100% sure, its disdain for anyone not French, especially Americans, gives the game away.
When we look at the FWIF allocation, we see this coin is only here to pump for its investors. No tokens are dedicated to marketing or future projects, meaning this is for real meme coin lovers. Given the success of Dog Wif Hat, we think this sibling coin could be huge in 2024.
We love a meme coin and a P2E crossover project. However, what we love even more is when the P2E game takes inspiration from a traditional gaming giant. That is what Pikamoon (PIKA) has done as this meme coin hopes to make its version of a Pokemon universe in the blockchain world.
Like the original game, players will be able to explore different worlds and meet exotic creatures. However, your partner on this journey will be an NFT you get to mint right at the beginning. Also, instead of badges, players will be able to earn in-game currency by completing exciting tasks. A really entertaining game all around that we think players will love.
So there you have our list of the best meme coins to buy right now. While PEPE, SHIB, and FlOKI had great weeks, the arrow is clearly pointing down now. That is why these new meme coins we have reviewed are better options. They are built for long-term gains, so investing now should lead to a great ROI.
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