Top 5 Meme Coins to Invest in During the February 2024 Crypto Bull Run

In the run-up to the Bitcoin halving event, the memecoin market is expected to explode. Classic memecoins like Shiba Inu and Dogecoin are anticipated to make significant gains, though new memecoins like BONK, Pepe, and Meme Moguls could surge. Here’s why investors are buying them before the next crypto bull run.

Shiba Inu Crowns The First SHIB Trillionaire

A huge milestone was hit over the last 24 hours after Shiba Inu crowned its first SHIB trillionaire. One crypto whale has amassed a huge sum of 1.14 trillion SHIB tokens, worth $10.66 million. This exciting milestone has sent waves through the Shiba Inu ecosystem, and social activity about the memecoin has hit monthly highs.

This milestone is yet to impact Shiba Inu’s price, which is up just 2.88% over the last 24 hours. Shiba Inu is now trading at $0.000009323, and experts believe that Shiba Inu could experience several surges over the next week. But how does Shiba Inu compare to other memecoins?

BONK Soars 16% In 24 Hours

Over the last 24 hours, BONK’s price has increased 16% to $0.00001223. Investors are yet to work out the reason behind this sudden BONK surge, though BONK’s daily trading volume has increased by 114.48% as investors look to capitalize on the memecoins returns. 

Given that BONK has already experienced significant gains, it may face a sharp correction over the next few days. However, some experts predict that BONK could continue to rally as the memecoin market gains momentum. 

Dogecoin Trading Activity Surges

Dogecoin activity has soared following BONK’s price rally. According to crypto analyst Ali, the number of investors creating new Dogecoin addresses has increased by 1000%, and Dogecoin trading activity is up 20.7% in the last 24 hours. 

This bullish momentum indicates that investors expect Dogecoin to surge during the next crypto bull market. At the time of writing, Dogecoin was trading at $0.08138 and was ranked the 10th largest cryptocurrency by market cap. 

Will Pepe Rebound In February?

Much like Dogecoin, Pepe has also experienced a surge in its trading activity. The popular memecoin has seen a 3.28% increase in its daily trading activity over the last 24 hours, taking Pepe’s trading volume to $92.5 million. 

Pepe’s performance has been below the market average over the last 30 days, during which Pepe’s price fell by 10.6%. Consequently, many memecoin investors sold their Pepe holdings for more lucrative investments. 

However, with Pepe’s trading activity rebounding, experts predict that Pepe could experience several price increases over the next month. 

Will Meme Moguls Offer Higher Returns Than Memecoins?

Meme Moguls offers greater utility than any project in this list. This exciting new P2E game combines memes and investing to create the world’s first virtual meme stock market. This stock market will be the main feature of the Meme Moguls game, where investors must build the most profitable portfolios. 

Customizability will play an important role in the project ecosystem, with players being able to fully customize their avatars. Players will also be able to compete in tournaments, challenge other players, and win lucrative prizes. 

Meme Moguls is in stage 5 of its presale, which will end on February 28. It will initially be launched on Uniswap, after which its $MGLS token is expected to soar. To get involved in this launch, investors can buy $MGLS tokens for $0.0036 via the Meme Moguls website. 

For more information about the Meme Moguls (MGLS) Presale: 

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