5 Bullish Meme Coin Place Predictions for 2024
Closing year was a rocky one for many meme cash, with wide volatility and annoying tag corrections making buying and selling conditions tough. Nonetheless, there are signs that a whole lot of high meme tokens might perchance well well very effectively be primed for development in 2024 as worldwide crypto adoption ramps up. This text
Closing year was a rocky one for many meme cash, with wide volatility and annoying tag corrections making buying and selling conditions tough.
Nonetheless, there are signs that a whole lot of high meme tokens might perchance well well very effectively be primed for development in 2024 as worldwide crypto adoption ramps up.
This text will fresh 5 trending meme cash and discuss analysts’ bullish projections for the following twelve months basically based on traditional and technical factors.
1. Sponge (SPONGE)
Kicking off our bullish meme coin tag predictions for 2024 is Sponge (SPONGE).
SPONGE took the meme coin market by storm in Can also 2023 with its hilarious branding and social media buzz, producing almost 100x returns for the earliest traders following its Uniswap itemizing.
Nonetheless, SPONGE lacked true-world utility – and the developers sight to handle that limitation thru the upcoming release of Sponge V2 (SPONGEV2).
This enhanced token will raise in great-main exercise situations, including being integrated true into a play-to-scheme (P2E) racing sport at prove in constructing.
Importantly, these already owning SPONGE can stake their tokens to construct SPONGEV2 – with yields at prove enviornment at 493% per year.
Investors who don’t preserve SPONGE can aquire tokens thru the official sponge.vip web space, which might perchance well well be robotically staked to scheme SPONGEV2.
The upcoming launch of SPONGEV2 has introduced renewed hype to the Sponge ecosystem, prompting the conventional SPONGE token to surge over 51% previously month.
YouTube analyst ClayBro even made reference to the “mammoth rewards” that might perchance well well very effectively be on provide for folk that participate in the Sponge ecosystem.
If this momentum continues, individuals of the Sponge Telegram crew maintain the token might perchance well well return to its all-time excessive of $0.0023 in the arrival year.
Some SPONGE holders furthermore maintain that SPONGEV2 might perchance well well manufacture even bigger returns as soon as listed on exchanges – which is why meme coin enthusiasts are having a explore to aquire Sponge tokens earlier than their originate market debut.
2. Meme Kombat (MK)
One other meme coin that might perchance well well very effectively be enviornment for a bullish 2024 is Meme Kombat (MK).
Aloof in presale and enviornment to launch later this year, Meme Kombat brings GameFi gains to the meme coin enviornment.
The thought that is easy – customers can aquire MK tokens and wager them to bet on fight outcomes between traditional meme characters fancy Doge, Pepe, and Shiba Inu in a digital battle enviornment.
Users who pick the successful fighter might perchance perchance be rewarded with extra MK.
This queer gaming and meme coin mashup has drawn wide attention from traders, helping Meme Kombat’s presale elevate over $5.7 million up to now.
The presale’s onerous cap is determined at $10 million – meaning there might perchance be serene an opportunity for traders to salvage in early earlier than the token goes survive Uniswap.
If Meme Kombat can fabricate even a allotment of the success of high meme cash, it might perchance perchance well see exponential positive aspects as soon as live buying and selling begins.
YouTube analyst Michael Wrubel even gave a bullish tag forecast for MK, speculating that it might perchance perchance well 100x from its presale worth.
Early traders can aquire MK tokens for $0.268 throughout the fresh stage of the presale – despite the indisputable truth that this stage is finest enviornment to closing for two more days earlier than the rate increases.
3. Dogecoin (DOGE)
Appealing to more established gamers, no discussion about bullish meme coin forecasts would be total with out mentioning Dogecoin (DOGE).
As the conventional meme cryptocurrency that captured mainstream attention aid in 2021, DOGE has confirmed tougher than many of its successors in the years that followed.
While serene a long way under its all-time excessive of $0.73, DOGE has stabilized in latest months and is now hovering round $0.092.
With doubtlessly the most attention-grabbing crew in the meme coin enviornment, plus over 2,500 retailers worldwide accepting it as a rate way, DOGE has a solid likelihood of posting positive aspects in 2024.
Myles G on YouTube even predicted that DOGE might perchance well well hit $1 this year if market conditions flip favourable.
Despite the indisputable truth that this might perchance perchance require DOGE to scheme bigger by round 10x from its fresh tag, the coin has proved able to such tag surges previously – making it every other meme coin rate watching in the year forward.
4. Bonk (BONK)
Bonk (BONK) has taken the meme coin market by storm previously two months, surging over 3,100% and flipping Shiba Inu in the day-to-day volume rankings.
Worthy of BONK’s success might perchance well well even be attributed to the hype round the Solana blockchain, which seen exponential development in the closing few months of 2023.
As a canine-themed meme coin built on Solana, BONK was effectively-positioned to drag the wave of passion in faster and more cost effective likely decisions to Ethereum.
The coin furthermore benefited from viral traction on social media platforms fancy Twitter, helping promote BONK to fresh audiences thru memes and influencer partnerships.
Given its traction, famed Twitter personality Bill King has speculated that BONK might perchance well well hit $0.015 in the arrival weekswhich would checklist an explosive upward thrust from the token’s fresh tag.
Despite the indisputable truth that hitting $0.015 in such a short time might perchance well no longer be feasible, King’s prediction as soon as every other time highlights the crew’s optimism about BONK’s future.
5. Memecoin (MEME)
Lastly, Memecoin (MEME) is an Ethereum-basically based meme coin created by 9GAG that was first printed in June 2023.
MEME was officially launched thru Binance Launchpool in October, with a generous airdrop of tokens to existing crew individuals helping gas social media hype.
Following MEME’s alternate debut, the token soared attributable to the elevated liquidity, helping it hit an all-time excessive of $0.047 on December 6.
Despite the indisputable truth that the token at prove has no exercise case, this hasn’t stopped traders from buying MEME tokens in the hope of attaining market-beating returns.
Due to the sustained buzz, Twitter analyst Crypto GVR, who has bigger than 110,000 followers, just just today forecast that MEME’s tag might perchance well well wing to $0.20 “quickly.”
Offered that MEME most often experiences over $60 million in day-to-day buying and selling volume, it’s certain the token has captured well-known attention in the meme coin market – environment it up for what in most cases is a successful 2024.
