Top meme coins to put on your watch list in August
The ever-evolving meme coin sector can deliver surprises at any time, with newly launched tokens making waves due to the impressive successes of their newly launched tokens.
In the following lines We touch each other. Five such assets that could take center stage in the next 30 days and explain why.
Dogecoin (DOGE)
The OG meme coin remains one of the most interesting topics for industry participants. It has a strong community of members. While The famous supporter of the property is the CEO of Tesla – Elon Musk.
His comments about DOGE are usually followed by a significant rally in the token's value, and it will be interesting to see if he touches on the issue again in August.
Many analysts have predicted that Dogecoin is poised to reach new highs. X user Ali Martinezfor instance, He argued In the year Asset prices consolidated in a descending triangle in 2016 and 2021, followed by a major bull run.
He believes that this is the case beautiful Currently, the same keep out A significant increase coming soon. The analyst also admitted that he has been accumulating a lot of DOGE lately without selling a single coin.
JAVON MARKS was very talented Prediction Based on previous price differences, ATH predicts a price of $10, which seems beyond the reasonable range, at least given the current market conditions.
Shiba Inu (SHIB)
The second largest meme coin, with a current market cap of around $9.3 billion (according to CoinGecko data) should also be watched this month.
It depends on the rally. a lot Reasons, According to the favorable market conditions and the further development of the Layer-2 blockchain solution Shibarium.
The protocol went live last August and aims to outperform its competitors in the meme coin niche by increasing leverage, reducing transaction costs and improving speed.
A long time ago, he It is completed Another big chapter with The number of processed blocks crossing 6 million. More updates on ecology, Make sure it is See ours Shibarium news.
PolitiFi Memes
You should also put coins related to a person's meme Main US presidential candidate Donald Trump and Kamala Harris on their watch list.
MAGA (TRUMP) is generally experienced whenever there is significant volatility some Major developments around the Republican Party candidate. For example, the value of the token He headed north Shortly after the assassination attempt on Trump in mid-July.
Cama — a meme coin associated with Kamala Harris — rose to a record high of $0.04 on July 24 following Biden's withdrawal from the presidential race and her nomination as the Democratic nominee.
It is safe to assume that possible developments in the candidates' campaigns in the next 30 days may lead to further price changes. The properties mentioned above.
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