With Meme coins, crypto investors and enthusiasts can earn big with little to no entry barrier. For a while now, they have been the talk of the town, with everyone looking to get their hands on some.
Bitcoin – and many other tokens – have regressed in value lately, with the overall meme coin market's trading volume also plummeting by 25%. Amidst this downtrend, some crypto traders have predicted some meme coins that could explode soon.
In this article, we will examine these tokens that can pump soon: Dogecoin (DOGE), Shiba Inu (SHIB), Pepe coin (PEPE), and AiDoge.
Dogecoin (DOGE), the oldest and most popular meme coin, has had an eventful shelf life in the crypto market. From its remarkable rise – helped by Elon Musk's co-sign – to its decline, DOGE has been a mainstay meme coin in recent years.
Currently priced at $0.0728 based on reports, it went up by 1.19% within the past 24 hours but is still a far cry from its all-time high price of $0.74 in May 2021. It is also ranked as the 8th largest coin by market cap and 14th based on 24h volume.
Nonetheless, there are arguments and discussions that DOGE could still reach a milestone price of $1. This has captivated investors' minds and has made traders rate it highly.
Shiba Inu (SHIB), which was at first created as a joke, has grown in leaps and bounds to become a significant contender in the crypto market. At its peak, it surged by almost 46,000,000%, which seemed like a million years ago.
It is trading at $0.00000872 per report, following a resistance that occurred at $0.0000089. Up by 2.13% in the last 24 hours, it is the 15th largest coin based on market cap and the 29th based on 24h volume.
There are reports that SHIB could rise to $1 and have another bull run. This is due to the upcoming launch of Shibarium, which would enable Shiba Inu to function faster and more efficiently.
More than just a meme coin, and with allegedly no ties to Pepe the Frog, PEPE took the market by storm when it launched in mid-April. Within a couple of weeks, the coin accumulated a market cap of more than $420 million – breaking into the top 100 tokens per market capitalization.
It is priced at $0.00000146, down by 2.46% in the last 24 hours. It is the 72nd largest coin by market cap and the 24th based on 24h volume.
Although PEPE "took the stairs up and the elevator down," the coin is tipped to be a leading meme token by market insiders. Time will ultimately tell.
AIDoge – an AI token – is a meme coin that has captivated the public so much, even at its presale phase. Investors have rushed to get their hands on this AI crypto, which has raised more than $14.5 million in four weeks.
Although its price is low, it ranks as the 371st biggest token per market cap and 100th per 24h volume, respectively.
AIDoge is a revolutionary meme coin and has been lauded by all and sundry. However, now that it is approaching its presale's end, the crypto market can only wait and wonder how this coin would fare when fully launched.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information but will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.