Check Out which meme coins could make the headlines in 2024
The meme coin crypto sector keeps making waves thanks to numerous tokens of that type charting double-digit price spikes quite frequently.
How to Buy Meme Coins today – Quick Steps
- Step 1: Open a crypto account – This top, full-service crypto exchange is regulated worldwide and is a great place to start.
- Step 2: Verify – Have some ID handy and be prepared to take a selfie.
- Step 3: Deposit – Transfer USD from your bank account or use credit/debit card to buy your crypto.
- Step 4: Search for a meme coin – Choose from 75+ crypto.
- Step 4: Buy meme coins – Just choose how much you want to spend, and the exchange will hold your crypto till you want to sell.
Now could be the time to start taking positions in meme coins that have the potential to do well for the remaining part of the year. This section looks at the top meme coins to buy now and hold for the year.
PEPE (PEPE)
PEPE (PEPE) leads the list of top meme coins to watch in 2024, thanks to its impressive performance this year. With more than 200,000 on-chain holders, PEPE’s decentralized nature ensures that the founders can’t easily pull the rug out from under investors, providing a measure of security and stability often lacking in the meme coin space. PEPE’s widespread availability on top exchanges, including Binance, makes it accessible to a broad audience, simplifying the purchasing process for new investors.
One of the standout features of PEPE is its deflationary tokenomics. The coin’s design ensures that the supply decreases over time, potentially driving up its value as demand increases. Coupled with a fast-growing and active community, PEPE is well-positioned to see significant gains. Analysts predict that PEPE could do 10x or more this year, making it a compelling option for investors looking to capitalize on the next big meme coin trend.
FLOKI (FLOKI)
Floki (FLOKI) is another meme coin that has captured the crypto community’s attention. Named after Elon Musk’s dog, Floki has leveraged its playful branding to build a solid and enthusiastic following. One critical factor that makes FLOKI attractive is its aggressive token burn strategy. On May 22, the FLOKI team burned more than 15 billion tokens, adding to the billions of tokens burned throughout the year. This token burn mechanism reduces the circulating supply, potentially increasing the value of the remaining tokens.
In addition to token burns, FLOKI has been actively engaged in marketing campaigns to enhance its visibility. These efforts have included partnerships, sponsorships, and other promotional activities to attract new investors. Combining a reduced token supply, robust marketing efforts, and a strong, active community makes FLOKI one of the top meme crypto coins to buy and hold in 2024. Its potential for significant gains makes it an enticing option for those looking to diversify their crypto portfolios with high-growth assets.
Dog-Go-To-The-Moon (DOG)
Dog-Go-To-The-Moon (DOG) is another meme coin that has shown remarkable potential quickly. Despite being relatively new to the market, DOG has quickly built a strong community, driving significant FOMO among investors. This community-driven momentum has helped DOG sustain its growth and could continue to do so throughout the year.
One of the key factors contributing to DOG’s potential is its status as a new meme coin. Investors often perceive newer coins as having more room for growth than their more established counterparts. This perception can lead to a FOMO-driven rally, increasing DOG’s value substantially, especially if Bitcoin and other major cryptocurrencies continue to break new highs. With a supportive community and the hype surrounding new meme coins, DOG is poised for significant growth and could easily see a 10x or more increase in value in 2024.
Brett (BASED)
Brett (BASED) is another meme coin that has quickly garnered attention and is worth considering in 2024. One of the main factors that make Brett attractive is its newness. As a relatively new entrant in the meme coin space, Brett has a lot of room for growth as more investors become aware of its potential.
Brett’s acceptance by a growing number of crypto exchanges is also a significant factor in its favor. As more exchanges list Brett, the coin becomes more accessible to buy and sell, which can drive up its price due to increased accessibility and liquidity. Recently, exchanges like Deepcoin have listed Brett, offering promotional campaigns to attract traders, further boosting its visibility and appeal.
With Bitcoin trading above $70k and investors increasingly receptive to meme coins, Brett is well-positioned for substantial gains in H2 of 2024. With a total supply of only 9 billion tokens and a market cap of $1.1 billion, Brett has a high potential to 10x or more this year.
Dogecoin (DOGE)
Dogecoin (DOGE), the original meme coin, remains a strong contender in the market and one to watch in 2024. Despite being a sleeper in recent months, Dogecoin has a unique advantage over newer meme coins due to its established presence and widespread recognition. One of Dogecoin’s key strengths is its acceptance as a payment method by major organizations, such as Tesla, which validates its potential for mainstream adoption as an everyday currency.
Dogecoin’s longevity and established reputation in the crypto space also position it well to attract new investors, particularly in a FOMO-driven market scenario. The coin’s high-profile endorsements from figures like Elon Musk keep it in the spotlight, generating ongoing interest and investment. As bulls regain market control, Dogecoin could be headed for new heights, making it a top meme coin to watch in 2024.
Conclusion
In conclusion, the meme coin market is brimming with opportunities, and these five coins—PEPE, FLOKI, Dog-Go-To-The-Moon, Brett, and Dogecoin—are poised for significant gains in 2024. Each offers unique features and growth potential, making them compelling options for investors looking to capitalize on the next wave of meme coin success.
