TLDR:
Many cryptocurrency experts have agreed that the market will enter another bull phase in 2024. Just weeks before the end of 2023, meme coins started to go up. This has made the community believe that there’ll be another meme season in 2024.
The three memecoins ready to be in the spotlight are Bonk (BONK), Pepe (PEPE) and NuggetRush (NUGX). How well will these memecoins do in 2024? Let’s find out.
One of the top altcoins to watch for the bull market is NuggetRush (NUGX). Unlike other memecoins, NuggetRush has introduced a platform with utility and real-world use. This adventurous GameFi project thrusts players into the heart of a virtual gold rush.
Players within this virtual mining world can establish alliances with other miners and join guilds to explore the universe in search of rewards. As a GameFi project, the in-game assets can be exchanged for real-world assets, including cash. Players can also earn rare RUSHGEM NFTs.
These are some of the coolest NFTs, as they can be exchanged for real-world gold delivered, which will then be delivered to your doorstep. NuggetRush has also integrated impact gaming. A portion of the in-game rewards are dedicated to helping deserving artisanal miners in underdeveloped countries.
The unique real-world use of NuggetRush sets it apart from other meme coins today. This is the reason why analysts have forecasted a massive surge for its ERC20 coin, NUGX. While NUGX now trades at $0.015, analysts have forecasted a surge of 50x in 2024, making it one of the best crypto coins to buy.
Bonk (BONK) was the 2023 breakout star. BONK soon became the meme phenomenon as the first Solana-based memecoin, surging by more than 9,000% in 2023. Bonk, like NuggetRush, has usefulness, which has assured its ongoing expansion. Bonk was established by the developers as a coin for all Solana-based dApps to return liquidity to DEXs.
While BONK has fallen from its all-time high of $0.000033 to $0.00001450 in January 2024, analysts believe the meme currency will set a new all-time high in 2024. Breaking over its 2023 ATH will result in a price increase of more than 125%, making BONK one of the best altcoins to buy right now.
Pepe (PEPE) enjoyed a rapid rise to the top early in 2023. In the first two weeks of its launch, the ERC20 coin increased by more than 1,100%. However, the meme coin has struggled since then, dropping by more than 68% from its all-time high.
The team behind the project has outlined plans to integrate utility into Pepe, making it one of the altcoins to watch. If they succeed in their endeavour, then Pepe could see another massive price rise in 2024.
The top three meme coin contenders, BONK, PEPE, and NuggetRush, each bring different offerings to the table. While Pepe and BONK are undoubtedly among the top altcoins to watch, NuggetRush stands out with its unique offering. In addition, its impact gaming model could easily make NuggetRush a blue-chip crypto in 2024.
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