Top Meme Coins to put on your watch list in H2, 2024
The MemCoin sector has made significant strides in the first half of 2024, with several tokens reaching all-time highs and attracting the attention of investors.
In the following lines, we present the main memories that have a chance to continue their impressive performance in the remaining months of 2024.
Shiba Inu (SHIB)
The second largest meme coin in terms of total market capitalization is a Huge A bull run in March, recording triple-digit price gains in a matter of weeks. His revival has benefited many owners, and one point, more than 63% of those exposed to the property It is sitting On paper profits.
However, the joy was short-lived. With the title of SHIB South in the coming months. The valuation has decreased by more than 25% in the last 30 days as a About 50% are investors. Currently in the water.
Meanwhile, various factors could put the self-proclaimed Dogecoin killer pack on the greenway. An example is the potential development of a layer-2 blockchain solution – Shibarium.
The protocol officially He went straight In August of last year, he aimed to improve speed, improve progress and lower Transactions expenses. For more updates on ecology, check out our Shibarium news section.
Shiba Inu burn rate can as well Play Role. An increase in the benchmark would cause fewer assets to circulate, which could lead to inflation (assuming demand stays the same or rises). The size of the fire at the beginning of this month The sky is broken By 800%, coinciding with SHIB's short price revival.
Dogecoin (DOGE)
The largest meme coin, DOGE, with a market cap of over $15 billion and one of the top 10 largest cryptocurrencies, has also rallied strongly in the first half of 2024. It was in March Price approximately $0.22 (per Coingecko data).
the same SHIB, however, saw its price decline over the next few months to its current level of $0.10. The decline includes enhanced volatility and greater price volatility. For example, in early May, the property headed north after Tesla Integrated As a payment option on the website.
Good announcements from the EV giant and its CEO – Elon Musk (Elon Musk) can be expected.who is A staunch supporter of MemCoin) – it could create another revival for DOGE in the second part of the year.
BONK
This popular meme coin reached its ATH at the end of May and is one of the few top 100 cryptocurrencies. The weekly scales are in green. earlier this week He was elevated. At 25%, flip dogwifehat (WIF) is the largest meme built on the Solana ecosystem.
When BONK saw the light of day in late 2022, it started making headlines a year later. During that time, the price and the market value have increased significantly. Huge Interest from investors and the support of leading cryptocurrency exchanges BinanceCoinbase, Bybit, KrakenKuCoin and many others.
It will be interesting to see if other companies decide to accept the property in H2, 2024 and if such a move could lead to a price rally for BONK.
sleep (trumpet)
This coin is associated with Donald Trump has been It was a huge success and the market value reached 800 million dollars in June, with the value gaining more than 17 dollars. The price is back again in the following monthsIt is currently equal. Around $6.
The previous demonstrations of the property They are called. Positive changes around the former US president. For example, his ATH occurred. Not long ago After Trump Safe A Main He was entitled to a court victory and some degree of immunity from criminal prosecution.
The billionaire is running for president again in this November's election against current political leader Joe Biden. Latest data It shows He is ahead in national polls with 42.2%. Biden was second with 40.1%, followed by Robert Kennedy with 9.2%.
His re-election could create volatility in not only the aforementioned meme coin, but the entire cryptocurrency market. Remember that it is soon It is described He himself is the right choice for pro-crypto voters, who oppose rival Joe Biden and his administration against the industry.
He also He promised To increase Bitcoin (BTC) mining efforts of the United StatesArguing that this is “the last line of defense against CBCC”.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive a $600 exclusive welcome bonus at Binance (full details).
LIMITED OFFER 2024 on BYDFi Exchange: Up to $2,888 Welcome Reward, use this link to register and open a 100 USDT-M position.