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Cryptocurrency News Articles
The 3 Best Meme Coins to Buy Now as Crypto Market Consolidates
Sep 06, 2024 at 11:01 pm
Crypto prices are down this week, but that's usually the best time to buy. The market has been consolidating for six months, so it's just a matter of time
Cryptocurrency prices have taken a hit this week, but that’s usually the best time to go shopping. The market has largely consolidated over the past six months. It’s just a matter of time before the next bull market rally gathers steam.
Oftentimes, it’s meme coins that pump the hardest in bullish market conditions. As such, let’s explore the best three to buy now.
1. Mog Coin (ETH - Mog)
For those who are in the market for a well-established meme coin with gobs of upside left, Mog Coin could be of interest. It’s known as the “internet's first culture coin,” thanks to its mascot. It's a hysterically laughing cat.
The mascot also has its own slogan, which is “mogged.” This term means someone has been dramatically outperformed by someone else. It’s used a lot on social media sites like X and TikTok. This adds to Mog Coin’s awareness.
Think of the viral 2014 meme of Kermit the Frog sipping tea that said, “But that’s none of my business.” This might have helped propel the Pepe Coin when it launched years later.
Should the term “mog” or “mogged” keep gaining popularity, Mog Coin could become a fan favorite. It’s also one of the top four Ethereum-based meme coins. Shiba Inu, Pepe Coin, and Floki Coin are the only three that outrank it.
This could provide positive exposure to ETH as its price rises in the upcoming bull market.
2. Dogecoin (DOGE)
Dogecoin is essentially the Bitcoin of meme coins – it’s the most valuable, it has been around the longest, and is probably the safest. But that’s not to say there’s no upside left – a new catalyst is brewing and might be its most powerful yet.
Many meme coins are selling off today, while DOGE has held strong. This is due to Elon Musk, known for his love of Dogecoin, announcing on X that he “looks forward to serving America.”
I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed. https://t.co/5PSNtjBQn7
This comes just weeks after Donald Trump announced he would hire Musk if he is elected president in November.
If Musk notches a job in the U.S. government, any future Dogecoin endorsements would hold even more weight.
Something else to consider is that Dogecoin’s price today is 86% lower than its 2021 all-time high (ATH). This could enable huge price gains in the next bull market.
3. Pepe Unchained (ETH - Pepe)
Both Mog Coin and Dogecoin are well-established projects that are already worth a lot of money. For those who are seeking a newer, potentially higher upside play for the bull run, Pepe Unchained could be the way to go.
Unlike the others, Pepe Unchained also introduces sophisticated utility in the form of an Ethereum layer 2 blockchain. It provides lower fees and higher speeds than the Ethereum main network, and it is solely focused on meme coin-related activity.
This is a unique proposition. While positioned on crypto’s technological frontier, Pepe Unchained also encapsulates the magnetic pull of meme coins.
The project has key features like a staking mechanism, an Ethereum bridge, and a block explorer. With all that, it should be no surprise that investors are rushing in.
It’s currently undergoing a presale and has over $12.1 million so far. The current Pepe Unchained presale price is $0.0095362, but this will rise in one day.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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