Six Meme Coins That Could Deliver Substantial Gains in December 2024

This article explores these digital assets that might offer significant opportunities for investors looking to ride the next big trend in crypto.

Meme coins, a class of cryptocurrencies that derive their inspiration and branding from popular internet memes, have experienced a surge in popularity recently. These coins often have vast supplies, low prices, and enthusiastic communities—all of which have contributed to their ability to generate impressive returns.

As we approach the end of 2024, several meme coins are positioned to deliver substantial gains. Here are six standout tokens that might offer significant opportunities for investors looking to ride the next big trend in crypto.

1. DOGEN: Trump’s Victory Will Send It to the Moon

Shiba Inu (SHIB) and Dogecoin (DOGE) might be the best-known meme coins, but they both started their journeys in 2020. Now, get ready for the next-gen meme coin that’s set to soar in the upcoming bull market.

We’re talking about none other than the boldest meme coin for alpha males—DOGEN. It’s gearing up for take-off as Trump’s recent victory in the U.S. election has the entire market euphoric about the prospects of cryptocurrencies, especially meme coins.

Let’s face it — Donald Trump loves crypto. During his campaign, he promised to make the U.S. the global crypto leader. And joining him is none other than Elon Musk, the ultimate Dogecoin fan who’s backed the crypto movement and even aligned himself with Republicans earlier this year. With these two icons fueling the fire, meme coins are set for a wild ride.

After the U.S. election results, Dogecoin soared from $0.15 to $0.39 in just one week! At the same time, DOGEN followed the same upward trend, starting at $0.0003 and now trading at $0.0013 — a staggering 333% leap.

With a total of 13 presale stages, get ready for DOGEN to rise to $0.0019 by the token generation event (TGE), which represents a 500% increase from its initial price. Like it DOGE style? Then, grab some DOGEN now and watch it soar 500%.

2. Shiba Inu (SHIB): A Memecoin Leveraging Ethereum’s Ecosystem

Shiba Inu (SHIB) is a memecoin inspired by Dogecoin, but it runs on the Ethereum blockchain. Launched in August 2020 by the anonymous developer Ryoshi, SHIB started with a supply of 1 quadrillion tokens.

Half of these tokens were sent to Ethereum co-founder Vitalik Buterin, who donated a significant portion to the India Covid Crypto Relief Fund and burned 40% of the total supply.

SHIB’s Ethereum compatibility allows it to support decentralized applications like ShibaSwap, and there are plans for a future NFT platform and decentralized governance system. In the current market cycle, SHIB’s expanding ecosystem and Ethereum integration position it as a notable player in the crypto space.

3. PEPE: A Deflationary Memecoin Honoring Pepe the Frog

PEPE is a deflationary memecoin on the Ethereum network, inspired by the early 2000s Pepe the Frog meme. It seeks to emulate the success of Shiba Inu and Dogecoin.

PEPE has no transaction taxes and embraces its identity without utility, focusing purely on its meme nature. In mid-2023, it reached a peak market cap of $1.6 billion, capturing the interest of crypto enthusiasts and sparking a memecoin frenzy.

The roadmap aims to increase visibility through social media trends and listings on major exchanges. PEPE uses a burning mechanism to enhance scarcity and rewards long-term holders through redistribution. As an ERC-20 token, it benefits from Ethereum’s security. Its strong community and deflationary design may make it attractive in the current market cycle.

4. Dogecoin (DOGE): A Plentiful Cryptocurrency Born from a Meme

Dogecoin (DOGE) is a digital currency that started in 2013 as a light-hearted alternative to traditional cryptocurrencies. It features the image of a Shiba Inu dog as its logo.

Unlike Bitcoin, Dogecoin has no maximum supply, and 10,000 new coins are mined every minute. Initially seen as a joke, it gained significant value in 2021, rising to the top ten cryptocurrencies by market capitalization.

This growth was influenced by social media and figures like Elon Musk. The coin’s open and abundant design reflects its roots in internet culture. In the current market cycle, Dogecoin’s strong community and widespread recognition may make it an attractive option for those interested in cryptocurrencies with a significant social media presence.

5. BONK: Solana’s Community-Driven Shiba Inu Memecoin

BONK is a memecoin on the Solana blockchain featuring a Shiba Inu mascot. It aims to redistribute power from venture capital tokens to the Solana