Bitcoin hit $66,000 on Friday, sparking a meme coin craze.
The usual suspects were once again at the top of the gainer charts, led by Shiba Inu, Pepe and Floki.
In fact, SHIB’s daily gains are the highest among the top 100 cryptocurrencies. coin market cap.
Mid-cap and low-cap meme coins are also surging. All eyes are now on pre-sale tokens such as Polyether polyol and memebet Because they could be the next cryptocurrency to explode.
Top Meme Coins Surge – Which One Is the Best Large-Cap Investment?
This crypto bull run could very well be a memecoin supercycle.
Even Layer-1 tokens like Ethereum and Solana are underperforming, largely because smart investors are using meme tokens as beta versions.
For example, while SOL prices edged up 4%, Bonk soared 15% on Friday, taking its market value back above $1.6 billion.
Bunker’s bullish strength is not surprising at all. It is one of the few meme coins that exists on both Binance and Coinbase, making it one of the safer projects to invest in.
A growing number of experts believe Bonk remains undervalued, with some suggesting it could be valued at $20 billion.
BONK to $20 billion is actually very reasonable
— Rex (@R89Capital) September 26, 2024
Pepe, meanwhile, is an ideal beta on Ethereum, with some analysts calling it “leveraged ETH.”
Pepe possesses one of the most powerful technologies of all memecoins. It has broken out of the macro range and multi-month downtrend. The last time this model was created, Pepe’s market value soared eightfold. If this trend repeats, it could mean $32 billion in losses Valuation Servicing PEPE until March 2025.
However, Floki may be the best large-cap meme coin investment.
Floki is a multi-chain memecoin that exists on both the Ethereum and BNB smart chains, making it a beta version of both ETH and BNB. With CZ out of jail today, both BNB and Floki are likely to experience significant growth.
Floki prices rose 20% on Friday, a weekly increase of more than 30%.
The Shiba Inu is also an attractive investment considering it is significantly undervalued from the previous cycle’s peak. In fact, SHIB’s stock price is 76% below its all-time high.
However, it will face stiff competition from new memecoins such as Pepe, Popcat, and Brett. Investors are also keeping an eye on First Neiro on Ethereum, which has shown consolidated price action after rising rapidly earlier this month.
NEIROCTO and pre-sale memecoins could be the next cryptocurrencies to explode.
Pre-Sale Meme Coin in High Demand – Which Is the Next Cryptocurrency to Explode?
The global tapering cycle is expected to lead to a strong rise in liquidity in the cryptocurrency market, and memecoin investors are getting ahead of this development. In this case, high-risk high-reward assets like pre-sale memecoins can reap huge rewards.
For example, Pepe Unchained (PEPU) Its pre-sale funding has reached nearly $16 million.
This utility-driven meme coin – which is launching its own layer 2 chain – has caught the attention of whales. A deep-pocketed investor purchased $200,000 worth of PEPU in one transaction.
Considering PEPU will be launched during a bull market frenzy, it could very well become the next explosive cryptocurrency. Some analysts are already calling it the next 100x cryptocurrency.
Likewise, whales are also bullish Memebet tokenis the native cryptocurrency of Memebet Casino, and for good reason.
The fact that Memebet Casino is the first ever Meme coin-based casino has caused quite a stir. Players can place bets on the platform using popular tokens such as Dogecoin, Shiba Inu, Pepe and more. MEMEBET token holders will receive exclusive benefits including P2E airdrops, loot boxes, and VIP bonuses.
Therefore, the demand for MEMEBET is not surprising. After all, not every project can receive regional sponsorship from the Argentina national football team. In fact, some analysts are calling the Memebet coin the next 10x cryptocurrency.
Disclaimer: This is a sponsored post and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice
