The 5 best meme coins to see this month
The meme coin sector has been very mixed over the past few months, with its market capitalization surpassing $70 billion just a few days ago. Currently, the figure is about 64 billion dollars after the latest correction.
According to CoinGecko, there are more than 2,300 meme coins, some of which are late and others are in the middle stage due to their price fluctuations. In the following lines, we'll focus on five surprising assets that could experience improved volatility over the next 30 days.
Dogecoin (DOGE)
Meme Coin, the leader in terms of market capitalization, has been in the lead lately, rising 17% in the past week.
One factor that contributed to the strong performance was Elon Musk's interaction. Last week, the Tesla CEO participated in Donald Trump's rally at Madison Square Garden, urging people to vote for the Republican candidate in the upcoming US presidential election (scheduled for November 5).
He he repeated. Last but not least, Musk posted a photo of himself on X, interested in running the DOGE if Trump becomes president again. The upper half of the image shows the billionaire's flexibility during public speaking.saying The lower half shows a similar pose of a muscular Shiba Inu breed (resembling the DOGE logo).
The outcome of the election will trigger additional price volatility for Dogecoin, given Musk's potential involvement. He is the boss of Tesla. known as A Huge A fan of the OG meme coin, often extolling its benefits and expanding its popularity.
Shiba Inu (SHIB)
The second largest Mem coin has also been made so true all right to the end of October. However, there has been a significant pullback over the past 24 hours, erasing most of the earlier gains.
The revival of Shibarama, the SHIB burning program and other elementseven if Suggest that asset prices may return to the green track soon. as a Cryptopotato recently reportedDaily transactions on the Layer-2 blockchain solution are in the millions, while the burn rate has increased by a staggering 252,900%. Daily balance.
Efforts in this field will result in fewer SHIB tokens circulating, which will create scarcity and potentially increase the price (assuming demand remains the same or increases).
MAGA and BED
It could be the Trump-related MAGA (TRUMP) and the Harris-themed Kamala Horris (KAMA). Going through a lot of turmoil this month.
It wouldn't be surprising if the former sizzled in the wake of a Republican victory, while the latter could explode if a Democrat emerges victorious.
However, the meme coin sector is very unpredictable, and we have yet to see the exact reaction of those particular tokens after the announcement of the final results.
POPCAT
The largest cat-themed meme coin – POPCAT – has been one of the best market performers this year. The price reached an all-time high of nearly $1.80 on October 29 and is currently priced at $1.65 (representing a 23,500% increase since January 1).
Crypto X is full of analysts who are thinking of more profits for the stock. In the near future. A devotee uses the moniker “Shah”. He thinks POPCAT “leads the rest of the cute cat memories to Valhalla.”
And so he said. It will be interesting to see What November offers.
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