10 Top Meme Coins With Substantial Growth Potential

No doubt, the crypto bullish trends have coincided with the resurgence of the meme coins. With the meme coins industry market cap exceeding  $51B, the season of meme coins is growing faster than expected. In this list, we’ve curated the list of 10 best meme coins with exponential growth potential in 2024. 

KangaMoon (KANG)

Although KangaMoon might have been a new entry into the meme coin market, the project has made an impressive start since the start of the presale. Having entered the market about a few weeks ago, the amount raised from the token presale has skyrocketed to more than $1,000,000. With the potential to raise $2M before the month’s end, KangaMoon is on course to be one of the best meme coins to invest in now. The platform’s unique features are a blend of the social-fi model with an element of P2E gaming which creates an ecosystem of meme coin explorers and enthusiasts.

Having started with a presale price of $0.0050, KangaMoon’s price is now trading at $0.01125 which represents a 125% increase. While still at presale, token holders can earn more through commenting, sharing tweets, and joining to promote the project across social media platforms. With a total supply of 1 billion, this might be the perfect opportunity to stake a claim in the $3292.73 million P2E NFT gaming market.

Shiba Inu (SHIB) 

Shiba Inu has rallied by 278% in the past month with the meme coin price surging to $0.00003548.  Shiba Inu has bullish market sentiments with the Fear and Greed Index showing an Extreme Greed value of 82. Notably, the Shiba Inu market cap stands at a robust $21B with the trading volume crossing the $4B threshold. 

Further proving the bullishness of Shiba Inu is the volatility rate of 57% with significant activity of 21/30 days indicating a 70% green days. With the market still focusing on the bull run, it might be the perfect time to accumulate Shiba Inu for potential growth.

Dogecoin (DOGE)

Dogecoin price has rallied by 25% in the past 7 days. This has resulted in the Dogecoin price edging closer to the $0.17 mark. Completing the Dogecoin bulls’ dominance is the market cap and the trading volume, which has surged to $24B and $3B, respectively. 

Despite this heightened interest in Dogecoin, the token is still about 77% of its ATH. The token currently has a Fear and Greed Index of 82, showing Extreme Greed with a moderate volatility level of 28.96%. With 19/30 (63%) green days, Dogecoin is trading above the 200-day EMA.

Pepe (PEPE)

The last time Pepe was this bullish was August 2023, when it set its all-time high record. On March 9, 2024, Pepe’s bullish credentials had seen it eclipse the previous ATH, with the new ATH now at $0.000009855. However, Pepe has an extremely volatile level of 87%, with the 14-day RSI situated at 84%. 

Pepe has a total circulating supply of over 420T, and the market cap is at an impressive $3.7B. Pepe has skyrocketed by more than 15,526% in the past year and the monthly price increase stands at a staggering 822%. At the current trajectory, Pepe is one of the top meme coins to invest in.

DogWifHat (WIF)

DogWifHat rose from $0.2 in early February to more than $2 in the past few days. That’s an astonishing 1152% increase on the year-to-date price chart. With the bullish market momentum, DogWifHat is predicted to rise to a monthly high of $5. 

The token currently has an extreme Fear and Greed Index of 84 with 20/30 Green days which amounts to 67%. Despite the bullish market condition, the market appears neutral. With an extreme volatility level of 80%, investors may have to take caution when dealing with DogWifHat.

Floki (FLOKI)

Floki is currently trading at $0.000270 with a monthly projection of $0.000877. The coin has maintained its dominance in the meme coin market with a huge trading volume of $2B and an Improved market capitalization of $2B. Floki is currently ranked 11th best cryptocurrency in terms of trading volume and 50th best cryptocurrency in terms of market cap. 

Floki’s trading sentiment is bullish albeit with a volatility level of 76, indicating caution. With a 21/30 (70%) Green Days, Floki stands at the zenith of the meme coin sphere and is rated as one of the top meme coins to invest in.

Bonk (BONK)

Bonk has been on the rise in the past few weeks, rising by more than 162% in the past month and with the price value trading at $0.00003292. In the year-to-date category, Bonk has an increase of 6500% with the weekly chart showcasing a surge of 20%. 

Bonk is predicted to reach $0.000106 by the end of the month and currently occupies the 20th position in the crypto trading volume chart with a trading volume of $913B. Like many tokens, Bonk has an extreme Fear and Greed Index of 84 but has a low volatility level of 44% which may be appealing to investors.

Memecoin (MEME)

Memecoin is currently selling for $0.4535 which is about 20% from its all-time high record of $0.05706 achieved just 5 days ago. The meme coin is ranked 163 in the crypto market with a market cap of $484M and trading volume of $343M. 

Memecoin has a total supply of 69B with only 10.6B representing 15% in circulation. The token has increased by more than 100% in the past 30 days, coupled with a 2.38% increase in the past 24 hours. 

Myro (MYRO)

Myro is predicted to surge past $1 before the end of Q1 of 2024, having traded at $0.38 in recent times. The meme coin has a yearly increase of more than 9000% with a monthly price increase of  557% to cement its status as one of the meme coin titans. Armed with a Fear and Greed Index of 84, Myro market sentiment is bullish with a high volatility level of 72%. Myro has a 14-day RSI of 84% with 17/30 (57%) green days. 

Wen (WEN)

Wen is currently trading above the 50 and the 200-day EMAs. Compared to many meme coins, Wen has a small market cap of $254M with a daily trading volume of $106M. Of the 728B total supply, Wen’s current circulating supply is 628B, representing 62%. The meme coin has 30/30 (100%) green days with a very low volatile level, indicating this may be a good entry point for investors who may love to invest in Wen.

Conclusion

The meme coins handpicked above are analysts’ predictions for massive growth in 2024. While analysts’ predictions usually give a headway, it is important not to underestimate the power of personal research. With the associated market risk, and fluctuating market conditions, a DYOR is needed before investing in any token. This article does not constitute advice but a projection of a likely market direction. As such, investors are advised to conduct their research before delving into crypto trading.