YEREVAN (CoinChapter.com) – The top 10 memecoins to watch in 2024 are not just any absurd memecoins. They are the absurdest of them all, and they are here for one main reason – entertainment! Oh, and money, of course. So, take a look at the 2024’s finest selection!
The official website says that Sponge V2 aims to build on the “momentum of SpongeV1” with several enhancements and new features. One of the key attractions of Sponge V2 is its integration with a play-to-earn (P2E) racing game.
Meanwhile, if you invested in SPONGEV2 in December, you’re a proud receiver of a whopping 29,000% return. If not, well, there might be more time in 2024, as the coin gained attention on social media.
Sponge V2 token price reached $0.0005057 on Jan 16.
The MEMEKOMBAT token, designated as $MK, is the primary cryptocurrency used in the Meme Kombat gaming platform. It plays a crucial role in the platform’s ecosystem, enabling users to participate in various gaming activities such as staking, betting, and earning rewards.
Why did $MK make it onto our list of top 10 memecoins for the year? Take a look at the chart, and the massive 700% uptrend since Jan 15, reaching $0.00001618 the next day. Meanwhile, the uptrend could continue. When it comes to memecoins, a 700% jump is not a limit, as SpongeV2 proved.
Top 10 memecoins are not always fleeting. For example, Dogecoin has been in the game for years and occupies rank #10 among all crypto assets with $11.7 billion in market cap. That’s why even memecoin lovers take Grandpa Doge seriously. True, its quadruple-digit gains might be behind, but Dogecoin is likely to move with the overall market sentiment in 2024, increasing its bullish chances.
Dogecoin (DOGE) traded at $0.08 on Jan 16, following a 3.6% uptrend in the previous week.
Think of Shiba Inu as Dogecoin’s oldest child who got on his feet already and gained his own following. Moreover, SHIB makes the top 10 memecoins for its efforts to grow beyond the “memecoin” status. The team recently launched Shibarium and implemented an aggressive burn policy, which might increase its value over time.
As of Jan 16, SHIB/USD exchange rate stood at $0.0000096 after a 2% intraday uptick.
Remember Bonk? No? The main reason Bonk made the top 10 memecoin list is the recent hoopla with Solana-based phones that put its holders in profit. Let’s not forget, that top 10 memecoin or not, these digital assets are volatile, and the chances that BONK might be forgotten sooner than later are still viable.
As of Jan 16, the BONK price hit 0.0000139 after a 23% drop in the previous 7 days.
Dogs are not the only theme in the memecoin world, as the frogs took over for a while. PEPE, the leading frog meme still earned a spot in the top 10 memecoins, despite the fact that its rally somewhat cooled in the previous month.
Meanwhile, PEPE retains a respectable market cap of over $500 million. Ergo, it could still send ripples through the meme sector.
Baby Doge Coin has not been able to convincingly conquer its 200-day exponential moving average (200-day EMA) since May 2023. However, should the digital asset sector recover due to spot Bitcoin ETF approval, Baby Doge Coin is likely to follow.
Floki shares another connection to its Shiba brothers, besides the obvious breeding background. Floki is the name of Elon Musk’s Shiba Inu pup. However, will the following be loyal to the top 10 memecoin in 2024? Let’s take a look at the chart.
FLOKI held support at its 200-day EMA (blue wave) and charted in unison with Bitcoin and other leading assets. As mentioned, if the uptrend continues to 2024, Floki is likely to follow suit. As of Jan 16, FLOKI/USD stood at $0.00003.
Milady (LADYS) breaks the pattern on animal-themed memecoins but doesn’t yet offer large returns this year. The memecoin made the top 10 on our list because it could still prove beneficial for meme lovers in 2024. As of Jan 16, the LADYS/USD exchange rate stood at $0.000000066 after a 2% uptick in the previous 24 hours.
Dogelon Mars (ELON) is another pup from the Shiba litter. The team says that ELON stands out for its faster transaction speeds and commitment to animal welfare, but how can we be sure? The answer is we actually can’t. However, the coin gains attention when Elon Musk makes headlines. As long as ELON fans stay faithful to Elon, lucky investors might get returns.
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