This text breaks down a number of best meme coins, providing bullish market targets for the following 6 to 12 months.
The evaluation makes use of a technical method, integrating Fibonacci extension zones and historic all-time highs.
Moreover, the article explores three best crypto presales as we speak that would doubtlessly ship bullish returns upon their launch this 12 months.
Dogecoin (DOGE)
Dogecoin serves as a place to begin resulting from its clearer historic worth reference, not like different meme cash like Pepe and Bonk, which have already peaked this cycle. Its earlier all-time excessive of $0.73 offers a stable benchmark in comparison with its present worth of $0.13.
Reaching this earlier peak would lead to a considerable 6x return on funding. Potential targets embody the preliminary excessive of this cycle at $0.22, the unique all-time excessive, and a midpoint between the Fibonacci extension and the all-time excessive, which comes out to round $2.11.
This final goal represents a possible 17x return, a promising determine contemplating the upcoming market cycle.
Shiba Inu (SHIB)
Shiba Inu (SHIB) skilled a big worth surge in its most up-to-date run. To foretell potential targets for the following cycle, a easy Fibonacci extension from the earlier low to the all-time excessive shall be used. The primary goal is the height of this latest run at $0.00004518.
The second goal aligns with the general all-time excessive round $0.00008966. Lastly, the central level of the Fibonacci extension zone serves as a possible new all-time excessive goal for SHIB. These targets provide promising upside potential.
Brett Primarily based (BRETT)
Brett is a novel meme coin gaining important traction on Base Chain. As one of many first meme cash to determine itself on this cheaper Ethereum different, it reveals exceptional potential. With a present market cap of $1.4 billion, Brett has demonstrated its capacity to climb quickly.
Potential positive aspects of 10x to 20x the funding are attainable, equating to a staggering 900% return if the 10x mark is hit. This could place Brett at $1.31, a very achievable goal for the upcoming altcoin season.
To handle expectations, three worth targets are set: a conservative estimate round $0.30, a extra aggressive one at $0.63, and the bold 10x purpose at $1.32.
High Crypto Presales to Watch – Pepe Unchained, PlayDoge, and The Meme Video games
In search of your subsequent large crypto funding? Think about exploring these promising presale initiatives. With the potential to reflect the success of established meme cash, these new ventures might provide excessive returns for early buyers.
Pepe Unchained (PEPU)
Whereas established meme cash are bouncing again, newcomer Pepe Unchained (PEPU) is getting into the market with a contemporary method. This venture has raised over $4.5 million in its ICO, catching the eye of retail buyers.
Nice Saturday information! We have raised $4.5M!
Pepe Unchained is breaking limitations and making waves 🐸⛓️ pic.twitter.com/3hK6JyGOy4
— Pepe Unchained (@pepe_unchained) July 20, 2024
Pepe Unchained isn’t simply one other frog-themed token. The builders plan to create a specialised layer-2 blockchain community for meme cash, addressing issues similar to excessive charges and sluggish transactions.
This layer-2 answer might scale back these charges, making small trades extra viable for lively merchants. Moreover, the community might velocity up transactions from minutes to milliseconds, permitting merchants to capitalize on viral moments with out congestion.
Pepe Unchained’s early ICO success signifies robust investor curiosity on this concept. The venture additionally provides huge staking rewards, presently yielding a powerful 408% APY, offering buyers with passive earnings alternatives that may double their funding.
Coinsult and SolidProof have totally audited the sensible contract, guaranteeing its integrity. As with every new crypto venture, Pepe Unchained might want to ship on its guarantees to keep up optimistic momentum after its launch. Nonetheless, it presently stands as an intriguing instance of innovation within the meme coin market.
To participate within the $PEPU token presale, go to pepeunchained.com.
PlayDoge (PLAY)
A brand new dog-themed meme coin, PlayDoge (PLAY), goes viral. This crypto gaming venture on Ethereum is gaining traction in its presale part. PlayDoge combines meme cash, P2E gaming, and ‘90s nostalgia, attracting important curiosity.
PlayDoge has raised a powerful $5.8 million in its presale regardless of the unpredictable market circumstances. Traders are excited, however the market stays unforgiving. With $PLAY priced at $0.00521, its future efficiency is unsure.
PlayDoge includes a cell sport with a digital Doge pet in 8-bit graphics. Gamers earn $PLAY tokens by feeding, enjoying with, and coaching their Doge, which they’ll commerce or stake.
Gamers can enhance their $PLAY earnings via side-scrolling mini-games or by rating on the month-to-month leaderboard. The complete ecosystem is designed to be straightforward to choose up and play whereas on the go, interesting to each freshmen and crypto veterans.
Along with the P2E sport, PlayDoge provides a staking program for $PLAY holders, with present annual yields of 84%, considerably greater than most staking cash. SolidProof has audited PlayDoge’s sensible contracts, and the token presale is in full swing.
Go to playdoge.io to take part within the $PLAY token presale.
The Meme Video games (MGMES)
The Meme Games (MGMES) is a standout crypto launch this 12 months, mixing meme cash with Olympic pleasure for a novel presale expertise. The venture has raised over $200,000 since launch. $MGMES tokens are presently $0.00905, however the worth will rise in 5 days, so this could be your lowest likelihood to purchase.
The Meme Video games showcases prime memes like Doge, Pepe, DogWifHat, Brett, and Turbo racing in a digital Olympic stadium. Traders and meme followers can wager on the profitable meme utilizing $MGMES tokens, with a 25% bonus on their tokens for proper bets.
The digital race will comply with the $MGMES presale’s finish on September 8, aligning with the Paralympics closing. Bets are based mostly on presale purchases, with holders betting on one meme. The token launches on a DEX on September 10, 2024, which might entice sports activities followers and improve positive aspects.
Whereas presale buyers profit from the video games, long-term profit-seekers can stay up for staking perks. Merchants can “purchase and stake” their tokens in The Meme Video games’ pool to earn a dynamic APY of 1,319%. Over 7.6 million $MGMES tokens have already been staked.
SolidProof has audited the venture’s sensible contract, including substance to the hype surrounding this coin. To take part within the $MGMES token presale, go to memegamestoken.com.