The Top 10 Meme Coins with 100X Returns for 2024 Investment
The current bull market is being led by the meme coin market, which has increased by almost 30% in the last day to reach about $60 billion. As investor confidence in this industry continues to rise, the following ten meme coins are the ones to watch in 2024:
BEFE TOKEN
Only four months after its launch, BEFE, one of the newest coins in the meme space, has seen a 600% increase in value.With more than 50,000 members, the token community is expanding. Because it runs on both the Ethereum and Binance Smart Chain networks, the coin has a distinct appeal due to its multi-chain strategy. The coin, which launched without a presale and has no transaction tax, has further demonstrated its exceptional inclusivity and commitment to the community. The price of the BEFE token is currently $0.000465, with a 3.94% predicted decline, with a target price of $0.000454 by March 9, 2024.The market is still bullish despite a downward prognosis, in contrast to a high Fear & Greed Index of 82, which indicates Extreme Greed. BEFE has encountered mild price volatility
In the previous month, 12.34% and 47% of green days were attained. Given its present market dynamics and future potential, technical indicators, such as a 14-day RSI of 37.01, corroborate the optimistic view and indicate that now would be a good time to invest in BEFE.
Shiba Inu (SHIB)
The current value of the Shiba Inu token is $0.00003047; by March 9, 2024, a 5.91% decrease to $0.00002475 is anticipated. The market is still optimistic despite the anticipated decline, as evidenced by the Fear & Greed Index, which is at 82 and indicates Extreme Greed. With 73% green days and a high volatility rate of 29.16% over the past few years, Shiba Inus have demonstrated noteworthy activity.
the previous 30 days. Technical indicators support the bullish view, with a 14-Day RSI at an all-time high of 96.35. Taking into account the aforementioned dynamics and notable recent gains, the projection indicates that now could be a good time to buy in Shiba Inus, given their potential for development and recovery.
PEPE
With a market cap of $3.03 billion and a 24-hour volume of $3.58 billion, Pepe is currently trading at $0.057199, placing it 39th in terms of market domination at 0.12%. It has increased by 29.76% in the last day, demonstrating impressive growth. Pepe Coin reached its highest point on March 4, 2024, at $0.058246, and its lowest point on April 14, 2023, at $0.0101057. In the past 30 days, the currency has witnessed 19 green days, indicating a 63% optimism rate, and is trading above its 200-day moving average, indicating a positive mood in the market. Pepe Coin shows extreme liquidity and volatility with a circulating supply of 420.69T PEPE, which is equal to its maximum supply. The Fear & Greed Index is at 82 (Extreme Greed), indicating a strong market attitude.
Dogecoin
Dogecoin has increased 18.50% in the last day to trade at $0.174, with a $12.75 billion trading volume and a $25.02 billion market capitalization. It currently holds a 1.01% market share. On May 8, 2021, Dogecoin achieved its highest point ever (ATH) of $0.738595, while on May 7, 2015, it hit its lowest point ever (ATL) of $0.00008547. The lowest price since its ATH was $0.049701, and the most recent cycle high was $0.184198. The ATH, with a recent cycle high of $0.184198 and a lowest price of $0.049701. With a Fear & Greed Index of 82, which indicates Extreme Greed, Dogecoin sentiment is optimistic. In the categories of Proof-of-Work, Meme Coins, and Layer 1 currencies, Dogecoin is ranked highly with a circulating quantity of 143.33 billion DOGE and an annual inflation rate of 8.03%.
CRANK
With a trading volume of $1.98 billion, Bonk (BONK) is presently trading at $0.00004115, exhibiting a noteworthy 24-hour rise of 62.43%. With a market capitalization of $2.68 billion, it is ranked 44th and has a 0.11% market share. The token has recently seen a cycle high of $0.00004219 and a cycle low of $0.00003800. At 65.19T, which is 70% of its circulating supply,With a total supply of 93.53T, BONK has notable supply inflation at 40.19% and high volatility at 30%. The Fear & Greed Index, which stands at 82 and indicates Extreme Greed, highlights the positive attitude in the market.
Dogwifhat (WIF)
With a market capitalization of $1.40 billion, a 24-hour trading volume of $1.41 billion, and a 0.06% market domination, Dogwifhat (WIF) is presently valued at $1.40. The last day has seen a 13.44% drop in the price of WIF. It recorded its all-time low (ATL) of $0.004131 on December 13, 2023, and its all-time high (ATH) of $1.923030 on March 4, 2024. The lowest price after hitting its ATH was $1.344520 (cycle low), and the highest price since the previous cycle low was $1.493170 (cycle high). The feeling around Dogwifhat The summary leaves room for interpretation, but the Fear & Greed Index shows 82, indicating Extreme Greed in the market.
Floki Inu (FLOKI)
Floki Inu (FLOKI) is presently trading at $0.000155, with a $919.34 million 24-hour trading volume, a $1.48 billion market capitalization, and a 0.06% market domination.
Over the past day, FLOKI has increased by 7.52%. November 4, 2021, was its all-time high (ATH) of $0.000342, while July 6, 2021 was its all-time low (ATL) of $0.00079038. The cycle low was $0.0004852, and the cycle high was $0.000174, the lowest and highest prices since the previous cycle low, respectively, since its ATH. An Extreme Greed indicator in the market, the Fear & Greed Index of 82, supports the positive attitude around Floki Inu.
CorgiAI
At its present price of $0.003657, CorgiAI has a minuscule market dominance with a 24-hour trading volume of $4.16M and a market cap of $37.06M. Over the past day, the price of CORGIAI has increased by 3.44%. March 3, 2024, was its all-time high (ATH) of $0.004206, and September 6, 2023, was its all-time low (ATL) of $0.00004367. The lowest price after hitting its ATH was $0.003525 (cycle low), while the highest price since the previous cycle low was $0.003717 (cycle high). Bullish attitude surrounding CorgiAI is demonstrated by an Extreme Greed index of 82 on the Fear & Greed scale.
Baby Doge (BABYDOGE)
With a trading volume of $28.09M, Baby Doge Coin is presently trading at $0.000082423, exhibiting a noteworthy 22.65% 24-hour rise. It has a $348.45 million market capitalization and a 0.01% market domination. On January 16, 2022, Baby Doge Coin reached its all-time high (ATH) of $0.000086241, and on June 13, 2021, it recorded its all-time low (ATL) of $0.000091320. The price since its ATH has been as low as $0.000097317 (cycle low), and as high as $0.000084598 (cycle high), since the previous cycle low. Bullish attitude surrounding Baby Doge Coin is demonstrated by an Extreme Greed index of 82 on the Fear & Greed Index.
MEME, or Memecoin
With a market capitalization of $448.37 million and a 24-hour trading volume of $468.52 million, Memecoin is now valued at $0.050966, indicating a 0.02% market dominance. Over the past day, there has been a minor decline of 0.81% in the price of MEME. On March 4, 2024, it reached its all-time high (ATH) of $0.057362, and on November 7, 2023, it reached its all-time low (ATL) of $0.017250. The lowest price after hitting its ATH was $0.047458 (cycle low), and the highest price since the previous cycle low was $0.057264 (cycle high). Bullish feeling surrounding Memecoin is heightened by an Extreme Greed index of 82 on the Fear & Greed scale
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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