Tap into the enormous potential of meme coins surging amidst record gold prices - Times of India (2024)

With their growth potential,

meme coins

have been shaking things up in the digital currency sector. Traders put their money into meme coins rather than gold as gold prices reach all-time highs. Today, we will discuss five of the popular meme coins that have piqued interest: KangaMoon (KANG), Floki (FLOKI), Bonk (BONK), Dogwifhat (WIF) and Shiba Inu (SHIB).
KangaMoon (KANG): Among the best new meme coins
First on our meme coins to watch list is KangaMoon (KANG) - a shining presale star that many traders gravitate toward as gold prices rise.

This presale project has already obtained over $5.8M and may reach $6M before April 2024 ends. Moreover, over 20,000 people are registered community members, and 6,000 are KANG holders.
This number is projected to increase as KangaMoon recently announced a significant partnership with RaidSharks. With this development, KangaMoon will introduce thrilling raids with an outstanding $1,000 monthly reward pool.

Unlike most meme coins, KANG will have actual utility. It will be the main in-game currency for KangaMoon’s upcoming P2E game, allowing you to buy in-game items and upgrade your characters. Moreover, KangaMoon is now giving its most active community members free KANG tokens before its official launch, which is an excellent way to give back to its community.
In Stage 5 of its presale, one KANG costs only $0.0196 - a 290% ROI for those who bought it early on. Market analysts predict another 100x jump once a Tier-1 CEX lists this meme coin in Q2 of 2024. This price prediction could come true thanks to its connections to the resilient P2E market, which may reach $885M by 2028. Thus, KANG is one of the best meme coins to invest in now.

Floki (FLOKI): A meme coin experiencing tremendous gains
Next, we must discuss Floki (FLOKI) trading in the green. CoinMarketCap data shows that the Floki price soared from $0.00013 to $0.00019 over the last seven days, and its market cap increased from $1.30B to $1.90B in that time. Crypto analyst Captain Faibik predicts Floki will soon see a 2x or 3x bullish rally.
The technical analysis for this meme coin supports this prediction. For example, the Floki coin is now trading above its 50—and 100-day EMAs. Not only that, but Floki boasts 26 technical indicators in the buy zone. Therefore, experts in the crypto field predict a rise to $0.000287 for Floki within Q2 of 2024, making it one of the

top meme coins to invest in

as gold is soaring.
Bonk (BONK): Jumps nearly 95%
Bonk (BONK) is another dominant force in the

meme coin space

. Over the last week, the Bonk price increased from $0.000014 to $0.000027, according to CoinMarketCap data. Its market cap surged from $905M to $1.78B during that period. The crypto analyst behind the More Crypto Online YouTube channel forecasts a jump to $0.00078 for this meme coin soon.
Currently, the Bonk crypto is trading above its 21 and 50-day EMAs. In addition, over 24 technical indicators are showing green for Bonk. Thus, market analysts forecast a potential hike to $0.000039 for BONK before Q2 of 2024 ends.
Dogwifhat (WIF): Another meme coin showing bullish signs
In second-to-last place on our meme coin list is Dogwifhat (WIF). According to CoinMarketCap data, the Dogwifhat price surged from $2.49 to $3.41 in the past seven days, and its market cap rose from $2.45B to $3.40B. With this trend continuing, Dogwifhat is another of the best meme coins to buy as the value of gold skyrockets.
The technical analysis for the Dogwifhat crypto also shows bullish signals. For instance, there are now 19 technical indicators in the buy zone for Dogwifhat. Because of this, experts in the crypto field have made a bullish Dogwifhat price prediction. They forecast a surge to $4.53 within Q2 of 2024 for Dogwifhat.
Shiba Inu (SHIB): Bullish market trends and outlook
Last, we must mention Shiba Inu (SHIB) - one of the

meme coin titans

. The Shiba Inu price rose from $0.000021 to $0.000026 during the previous seven days. In that period, SHIB’s market cap surged from $12.76B to $15.76B.
The Shiba Inu technical analysis has recently been under bull control. Notably, the Shiba Inu coin is now trading above its 100—and 200-day EMAs. Additionally, 28 technical indicators are flashing green for Shiba Inu. As a result, market analysts remain bullish for SHIB. They foresee a potential jump to $0.000040 for this meme coin before Q2 of 2024 finishes.
In Closing
Traders are looking towards meme coins for possible profits as the price of gold soars to record levels. Meme coins have risks and volatility but can yield massive returns if you’re open to digital assets. With rapid expansion, KangaMoon, Floki, Bonk, Dogwifhat and Shiba Inu could skyrocket.
However, KangaMoon has a distinct advantage—a low market cap of $19.6M. In other words, KANG will need only $19.6M for its current price to double, which means faster growth than its rivals. With this advantage plus its utility, KANG emerges as one of the best meme coins to invest in now. If interested, follow the links below and get a 20% bonus for a limited time.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
Disclaimer: The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.

Tap into the enormous potential of meme coins surging amidst record gold prices - Times of India (2024)

FAQs

What is the hottest Memecoin right now? ›

Top Meme Coins Today By Market Cap
#Name24H
1Dogecoin ( DOGE )+2.04%
2Shiba Inu ( SHIB )+1.72%
3Pepe ( PEPE )+0.30%
4dogwifhat ( WIF )-0.71%
39 more rows

Which crypto exchange has the most meme coins? ›

As the top altcoin exchange, KuCoin is one of the most preferred platforms for finding the most trending meme tokens making waves in the crypto market.

Does Memecoin have future? ›

Based on your price prediction input for Memecoin, the value of MEME is projected to increase by 5%, potentially reaching $ 0.024721 in the next 30 days.

Should I invest in meme coins? ›

These coins are primarily driven by speculation and community engagement, lacking fundamental value or unique use cases. Also, the prices of meme coins can experience rapid fluctuations, making them risky investments.

Which memecoin will explode in 2024? ›

In 2024, the some of the best and most exciting new meme coins capturing the interest of the crypto community include ButtChain, the first Auto Liquidity token on Polygon, Popcat, Brett, cat in a dogs world, and Degen, each bringing unique themes and features to the crypto market.

Which meme coins will explode in 2024? ›

Several meme coins achieved popularity in early 2024, and as we move forward, coins like ButtChain, Brett, Popcat, cat in a dogs world, and Bonk are emerging as strong contenders in the meme coin market.

Which new meme coin is best to invest? ›

Top 5 Meme Coins of 2024
Coin NameMarket CapitalizationPrice
Dogecoin$22 billion$0.15
Shiba Inu$14 billion$0.00002518
Pepe Coin$4.3 billion$0.00001038
Floki$2.0 billion$0.0002127
1 more row
4 days ago

What is the most profitable meme coin? ›

Dogecoin (DOGE)

With a market cap of £7.4 billion, DOGE is the world's biggest memecoin.

Which meme coin can reach $1? ›

Dogecoin ($DOGE)

Spotlight Wire Dogecoin, commonly known by its moniker DOGE, being the world's first meme crypto is the strongest candidate on this list to achieve 1$ valuation. In the 2021 bull market, Dogecoin nearly reached this goal, hitting a high of $0.74376.

Which coin will boom in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Ripple (XRP)$28 billion$0.51
Dogecoin (DOGE)$22 billion$0.15
Tron (TRX)$10 billion$0.12
Polkadot (DOT)$9.9 billion$6.9
6 more rows
5 days ago

Which coin will boom in future? ›

Cryptocurrency FAQs

Cryptos that could boom in 2024 include SingularityNET and Fetch.ai, both of which may capitalize on the popularity of AI. Bitcoin is another crypto that could be poised for a strong performance in 2024, thanks to the SEC's approval of Bitcoin ETFs.

Which meme coin will 100x? ›

Dogeverse is our top pick of meme coin presales that could 100x. Ushering in a revolutionary use case, Dogeverse is the first ever doge-themed cryptocurrency to go multichain. The project is already live on the six top smart contract-enabled blockchains: Ethereum, Base, Solana, BSC, Avalanche, and Polygon.

What are the risks of investing in meme coins? ›

5 Risks of Investing in New Memecoins in 2024
  • #1 Inept Memecoin Creators. Memecoin projects are often initiated by inexperienced developers who may lack the necessary expertise. ...
  • #2 Pseudonymity and Scammers. ...
  • #3 Rug Pulls. ...
  • #4 Presale Risks. ...
  • #5 Lack of Utility.
Mar 26, 2024

What are the 5 best meme coins? ›

Our list of the best meme coins of the year include ButtChain, Dogecoin, Shiba Inu, Floki, and Popcat.

Which meme tokens will explode? ›

Best Meme Tokens to Invest In May 2024
  • FLOKI (FLOKI) Inspired by Elon Musk's Shiba Inu dog, Floki Inu brands itself as a movement with goals of utility-based projects, NFTs, and a dedicated fan base. ...
  • Bonk (BONK) ...
  • Dogecoin (DOGE) ...
  • Shiba Inu (SHIB) ...
  • Dogwifhat (WIF) ...
  • Pepe (PEPE) ...
  • Book of Meme (BOM) ...
  • Memecoin (MEM)
May 7, 2024

Which meme coin is best to invest now? ›

Best Meme Tokens to Invest In May 2024
  • FLOKI (FLOKI) Inspired by Elon Musk's Shiba Inu dog, Floki Inu brands itself as a movement with goals of utility-based projects, NFTs, and a dedicated fan base. ...
  • Bonk (BONK) ...
  • Dogecoin (DOGE) ...
  • Shiba Inu (SHIB) ...
  • Dogwifhat (WIF) ...
  • Pepe (PEPE) ...
  • Book of Meme (BOM) ...
  • Memecoin (MEM)
May 7, 2024

Which meme coin is trending? ›

As of 2024, meme coins like Dogecoin, Shiba Inu, Pepe, Floki, and Bonk have gained prominence, drawing interest from dedicated communities.

What is the best meme coin to buy? ›

Given its impressive run so far, DOGE token has been touted as one of the best meme coins to buy in the face of the current market dynamic.

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