Top 10 Meme Coins to Invest in 2024 with 100X Returns
Release: 2024/03/05 17:39 Reading: 351
The post Top 10 Meme Coins to Invest in 2024 with 100X Returns appeared first on Coinpedia Fintech News
The meme coin market is spearheading the current bull market, as the sector is up by over 30% in the past day, reaching nearly $60 billion. As investor sentiment grows in this sector, here are the top 10 meme coins to look out for throughout 2024:
BEFE Token
BEFE is one of the latest entries in the meme coin market, and has surged over 600% since its launch just four months ago. The token has a growing community of over 50k members. It’s unique appeal comes from a multi-chain approach, as the token operates on both the Ethereum and Binance Smart Chain networks. The token has also shown great inclusivity and dedication to the community, as it launched without a presale and charges zero tax on transactions.
The current BEFE token price is $0.000465, with a forecasted decrease of 3.94%, aiming for a future price of $0.000454 by March 9, 2024. Despite a downward prediction, market sentiment remains Bullish, contrasting with a high Fear & Greed Index at 82, indicating Extreme Greed. BEFE has experienced moderate price volatility of 12.34% and achieved 47% green days in the past month. Technical indicators, including a 14-day RSI of 37.01, support the positive outlook, suggesting it might be an opportune moment to invest in BEFE, given its current market dynamics and future potential.
Shiba Inu (SHIB)
The Shiba Inu token is currently priced at $0.00003047, with a predicted decline of 5.91% to $0.00002475 by March 9, 2024. Despite the forecasted drop, market sentiment remains bullish, highlighted by the Fear & Greed Index at 82, signalling Extreme Greed. Shiba Inu has shown significant activity with 73% green days and a high volatility rate of 29.16% over the last 30 days. Technical indicators, including a 14-Day RSI at an extremely high 96.35, reinforce the bullish outlook. Given these dynamics, including substantial recent gains, the prediction suggests it might be a favorable time for investment in Shiba Inu, considering its potential for recovery and growth.
PEPE
Pepe is currently trading at $0.057199, with a 24-hour volume of $3.58B and a market cap of $3.03B, ranking it 39th in market dominance at 0.12%. It has shown remarkable growth, increasing 29.76% in the last 24 hours. Pepe Coin achieved its all-time high (ATH) of $0.058246 on March 4, 2024, and its all-time low (ATL) of $0.0101057 on April 14, 2023. The coin has seen 19 green days in the last 30, indicating a 63% positivity rate, and is currently trading above its 200-day SMA, reflecting strong market sentiment. With a circulating supply of 420.69T PEPE, equivalent to its max supply, Pepe Coin exhibits extreme liquidity and volatility, with the Fear & Greed Index at 82 (Extreme Greed) and a bullish market sentiment.
Dogecoin
Dogecoin is trading at $0.174, marking an 18.50% increase in the last 24 hours, with a trading volume of $12.75B and a market cap of $25.02B. Its market dominance stands at 1.01%. Dogecoin reached an all-time high (ATH) of $0.738595 on May 8, 2021, and recorded its all-time low (ATL) of $0.00008547 on May 7, 2015. Since its ATH, the lowest price was $0.049701, with a recent cycle high of $0.184198. The sentiment around Dogecoin is bullish, reflected by a Fear & Greed Index of 82, indicating Extreme Greed. With a circulating supply of 143.33B DOGE and a yearly inflation rate of 8.03%, Dogecoin ranks highly in the Proof-of-Work, Meme Coins, and Layer 1 sectors.
BONK
Bonk (BONK) is currently priced at $0.00004115, showcasing a significant 24-hour increase of 62.43% with a trading volume of $1.98B. It holds a market cap of $2.68B, positioning it at rank 44, and exhibits a market dominance of 0.11%. The token has experienced a cycle low of $0.00003800 and a cycle high of $0.00004219 recently. With a circulating supply of 65.19T, representing 70% of its total supply of 93.53T, BONK demonstrates high volatility at 30% and significant supply inflation at 40.19%. The market sentiment is bullish, underlined by a Fear & Greed Index at 82, indicating Extreme Greed.
Dogwifhat (WIF)
Dogwifhat (WIF) is currently valued at $1.40, experiencing a 24-hour trading volume of $1.41B with a market cap of $1.40B, and commanding a market dominance of 0.06%. The price of WIF has seen a decrease of 13.44% in the last 24 hours. It reached its all-time high (ATH) of $1.923030 on March 4, 2024, and recorded its all-time low (ATL) of $0.004131 on December 13, 2023. Since reaching its ATH, the lowest price was $1.344520 (cycle low), with the highest price since the last cycle low being $1.493170 (cycle high). The sentiment around Dogwifhat remains undefined in the summary, yet the Fear & Greed Index indicates 82, suggesting Extreme Greed in the market.
Floki Inu (FLOKI)
Floki Inu (FLOKI) is currently trading at $0.000155, witnessing a 24-hour trading volume of $919.34M, with a market cap of $1.48B and a market dominance of 0.06%. FLOKI has seen a 7.52% increase in the last 24 hours. It reached its all-time high (ATH) of $0.000342 on November 4, 2021, and its all-time low (ATL) of $0.00079038 on July 6, 2021. Since its ATH, the lowest price was $0.0004852 (cycle low), with the highest price since the last cycle low being $0.000174 (cycle high). The sentiment around Floki Inu is bullish, supported by a Fear & Greed Index of 82, indicating Extreme Greed in the market.
CorgiAI
CorgiAI is currently priced at $0.003657, with a 24-hour trading volume of $4.16M and a market cap of $37.06M, holding a negligible market dominance. The price of CORGIAI has seen a 3.44% increase in the last 24 hours. It achieved its all-time high (ATH) of $0.004206 on March 3, 2024, and its all-time low (ATL) of $0.00004367 on September 6, 2023. Since reaching its ATH, the lowest price was $0.003525 (cycle low), with the highest price since the last cycle low being $0.003717 (cycle high). The sentiment around CorgiAI is bullish, underscored by a Fear & Greed Index of 82, indicating Extreme Greed.
Baby Doge Coin (BABYDOGE)
Baby Doge Coin is currently trading at $0.000082423, witnessing a notable 24-hour increase of 22.65% with a trading volume of $28.09M. It boasts a market cap of $348.45M and a market dominance of 0.01%. Baby Doge Coin achieved its all-time high (ATH) of $0.000086241 on January 16, 2022, and recorded its all-time low (ATL) of $0.000091320 on June 13, 2021. Since its ATH, the lowest price was $0.000097317 (cycle low), with the highest price since the last cycle low being $0.000084598 (cycle high). The sentiment around Baby Doge Coin is bullish, highlighted by a Fear & Greed Index of 82, indicating Extreme Greed.
Memecoin (MEME)
Memecoin is currently valued at $0.050966, with a 24-hour trading volume of $468.52M and a market cap of $448.37M, asserting a market dominance of 0.02%. The MEME price has slightly decreased by 0.81% in the last 24 hours. It achieved its all-time high (ATH) of $0.057362 on March 4, 2024, and its all-time low (ATL) of $0.017250 on November 7, 2023. Since reaching its ATH, the lowest price has been $0.047458 (cycle low), with the highest price since the last cycle low at $0.057264 (cycle high). The sentiment around Memecoin is bullish, amplified by a Fear & Greed Index of 82, indicating Extreme Greed.
Conclusion
In conclusion, the tokens discussed exhibit significant potential within the volatile landscape of cryptocurrency, driven by bullish sentiments and notable market activity. However, it’s crucial to acknowledge the inherent risks associated with investing in digital assets, characterized by their high volatility and market fluctuations. This analysis does not constitute investment advice but rather offers a projection of market trends based on current data. Investors are advised to conduct thorough research and consider their risk tolerance before engaging in cryptocurrency trading.
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