‘Boden’ Meme Coin Surges After Trump Mocks It: What Other Meme Coins Will Follow?
Jeo Boden (BODEN) saw its price skyrocket after former US president Donald Trump mocked the meme coin and responded to a fan about the token. Amid these developments, humor-infused theme projects are quickly becoming staples in cryptocurrency portfolios. Due to their ability to foster community engagement and address real-world issues, the demand for meme coins has surged exponentially. With their impressive market performance, the following meme coins have the potential to offer explosive future returns.
KangaMoon (KANG) To Join Top Meme Coins of 2024
KangaMoon (KANG) is drawing attention in the broader crypto market thanks to its unique fusion of SocialFi and the play-to-earn model. At its core, the meme coin project will launch a gaming ecosystem where meme lovers and gamers can interact to participate in fun-filled challenges and tournaments, earning rewards in the process.
The KANG token will have multiple uses on the platform. Users will be able to access exclusive games, create and upgrade their characters, and buy in-game items in the marketplace using the native token. Moreover, KANG holders have a chance to earn more tokens by promoting the meme coin online and engaging with the community.
KangaMoon’s potential to disrupt the meme coin market is evident from its presale market statistics. It has already raised over $6.7 million in funding and is targeting the $9 million mark by the end of May. Early backers of the KANG token have recorded a 400% ROI, with further gains expected.
Currently in its presale bonus stage, the KANG token is priced at $0.025. KangaMoon’s ambitious roadmap includes tapping into the flourishing global play-to-earn NFT industry, which had a market size valued at $3,292.72 million in 2022 and is expected to reach $8,856.95 million by 2028. Additionally, the meme project is set to get listed on the Tier-CEX, which could pump the value of KANG to $0.5, making KangaMoon a strong contender for the next 100x meme coin of 2024.
Dogecoin Gears Up for a Bullish Golden Cross
Dogecoin, the leading meme coin by market capitalization, is gearing up for a bullish golden cross. This is attributed to its recent partnership with Tesla, allowing DOGE to be used as a form of payment for Tesla products. Although Tesla has not officially announced the news, Dogecoin enthusiasts quickly noticed the change, triggering a price surge.
Furthermore, Elon Musk has been securing payment licenses for his social media platform X, signaling his intention to enable DOGE payments on the platform. With X holding around 25 licenses, Musk’s dream of DOGE payments on social media is closer to reality.
The price of Dogecoin has demonstrated remarkable performance, and its technical analysis indicates further price pumping, increasing its demand in the market. Therefore, Dogecoin remains one of the best meme coins to buy now.
Shiba Inu Burn Rate Soars 200% — Will It Ignite a Price Resurgence?
Shiba Inu has captured the broader market’s attention with its impressive performance, recording a 200% burn rate. This bullish news coincides with SHIB’s volatile price action during the same period.
The burn tracker outlined a burn rate surge of 210.27%, incinerating more than 24 million tokens from the ecosystem. This burn rate has fueled market optimism, although massive dead wallet transactions triggered it.
With the current momentum, Shiba Inu has been experiencing increased market activities, sparking conversations about future price movements. Many analysts are bullish on Shiba Inu, suggesting it could be the best meme coin to invest in for 2024.
Dogwifhat (WIF) Extends Lead Ahead of Bonk
Dogwifhat, the second-largest meme coin on the Solana blockchain by market capitalization, has been on a positive trajectory, making significant milestones. Recently, Dogwifhat’s price has grown substantially, extending its value ahead of Bonk, the largest meme coin on Solana by market cap.
The recent price increment is attributed to overall investor confidence and large capital inflows into the derivatives markets. Investors are buying the Dogwifhat dip, hoping the meme coin will regain its upward momentum. With fresh capital inflows, experts predict a bullish trend for Dogwifhat, suggesting it’s among the best meme coins to buy in 2024.
Floki Issues Major Warning for its Community
Floki, a self-proclaimed Shiba Inu and Dogecoin rival, has been making headlines for its robust market performance and controversial developments. Recently, Floki’s official social media X account warned users against unverified sources of information about the coin, emphasizing that all updates should come from the official team.
Despite a bearish market outlook, whale activity on the Floki ecosystem caused a price jump, fueling market optimism. Traders anticipate further substantial gains, making Floki one of the best coins to buy in 2024.
Conclusion
In the ever-evolving crypto market, meme coins are staples for investors wishing to diversify their portfolios. The above meme coins can potentially be the game-changers of the year. KangaMoon, in particular, offers an extra edge due to its utility token and play-to-earn concept, providing a unique experience in the meme coin market.
While searching for the best crypto investments, savvy investors must conduct thorough research before making any purchases.
For More, Check out https://coinpedia.org/
