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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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Top Underrated Meme Coins To Buy To Become A Millionaire!

With the meme coin segment giving a teaser of the massive underlying potential last week, the bull run rallies will likely hit higher levels. Amid a minor recovery run of Bitcoin to $60,000, the segment hits $40B market cap. 

Currently, the segment stands at $37.69B, with the top coins under correction. DOGE is down by 4%, SHIB by 3.66%, and the bearish influence is growing over low-cap coins. 

Amid the pullback, here are the underrated meme coins to buy with the potential to create a new generation of meme coin millionaires. So, letโ€™s take a closer look at such coins.

Underrated Meme Coins To Buy

Ponke (PONKE)

With a market cap of $138 million, Ponke stands at $271, currently trading at $0.2494 with a pullback rally in motion. Based on its YTD performance, the meme coin has increased by 2,125% over the past year, with an all-time high of $0.71578.

From its all-time high peak, the altcoin currently trades at a 65% discount, revealing a massive upside potential. Considering the bullish revival gains momentum, the meme coin will likely achieve the $1.001 mark, turning many of its investors into millionaires.

WHY (WHY)

The WHY token has a market cap of $112 million and is currently trading at $0.000002683, with a 2.63% rise in the past seven days. In the daily chart, the WHY token reveals a long-coming sideways trend with an overhead resistance at $0.0000030. 

Currently, a V-shaped recovery is struggling to hit the overhead glass ceiling. Meanwhile, the Fibonacci retracement level puts the target at $0.0000035 and $0.000004432 for the meme coin.  

Non-Playable Coin (NPC)

The non-playable coin has a market cap of $106.51 million and is currently trading at $0.01469. In the daily chart, the NPC token reveals a pullback phase in motion with a local resistance trend line.

 Since its inception, the meme coin has increased by $717, with a 52-week high formation at $0.035. From its peak, the NPC token is trading at a discount of 57% with a new resistance trendline. 

Using the trend-based Fibonacci level, the upside target for the altcoin stands at $0.052 and $0.077 above the overhead trendline.

With meme coins making a comeback, are you wondering about Shiba Inu’s potential high in 2024? Check out Coinpedia’s SHIB price prediction for a well-detailed analysis of 2024 predictions and years beyond.

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