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Cryptocurrency News Articles

MongCoin (MONG), ElmoERC (ELMO), and Pepe Unchained (PEPU): Best Meme Coins to Invest in Today

Nov 13, 2024 at 11:02 pm

Most of the best meme coins have risen to prominence in the crypto sector since the beginning of the year. Early investors have seen substantial returns from this surge.

MongCoin (MONG), ElmoERC (ELMO), and Pepe Unchained (PEPU): Best Meme Coins to Invest in Today

Most of the best meme coins have surged to prominence in the crypto sector since the beginning of the year. This surge has seen early investors reap substantial returns from the meme coins. While meme coins have recently seen relative stability, the post-U.S. elections and anticipated bull run have seen these tokens post exponential price growth.

Consequentially, the meme coins sector grew by over 2% to post a market cap in excess of $60 Billion as of today. This analysis by Insidebitcoins explores the factors behind the growing attention paid to these meme coins. It also examines why they are attracting investors’ interest while offering insights into their market movements and underlying trends.

Best Meme Coins to Invest In Today

Several meme coins are trending today despite their prices being lower than when the week started. These tokens are sure to grow higher as Donald Trump’s reelection is predicted to ensure this upsurge. Insidebitcoins has identified three of the best meme coins, including a groundbreaking presale token to invest in today.

The best meme coins to invest in today include Pawswap, MongCoin, and ELmoERC. ELmoERC maintains a 15% increase over the previous week as the Pepe Unchained presale raised a significant $27.8 million in presale today. Meanwhile, MongCoin has gained momentum following a recent breakout. Does this mean MONG will soon be on the verge of a new ATH? Read on to find out.

1. MongCoin (MONG)

MongCoin is a deflationary coin operating on the Ethereum blockchain. It distinguishes itself among ERC20 meme coins by drawing inspiration and value from the renowned NFT collection MONGS NFT. This collection comprises over 10,000 unique NFTs, each featuring a distinct mongoose. Holders of these NFTs receive rewards in the form of MONG coins.

This innovative linkage brings a fresh perspective to the meme coin landscape, offering a unique twist. The project’s mission revolves around incentivizing NFT holders with MONG tokens, promoting engagement and participation within the community.

Although the token initially lacked real utility, with its demand primarily driven by hype and speculation, it has since developed several use cases. One notable example is JuiceBOT, a fast, secure, and user-friendly Telegram trading bot that enables users to farm for points and earn rewards. Additionally, the project is introducing a new token, $JUICE, to fuel JuiceBOT.

Do you understand how $MONG was created?

It’s the first meme born in congress. @BradSherman mentioned it live under oath and then it was born.

-Literally by a US senator

It’s OG and the community is loyal AF

You don’t need a CTO. You just need to join the ranks

— Crypto Bitlord (@crypto_bitlord7) November 11, 2024

Furthermore, MongCoin has established a strategic partnership with DOE, an NFT platform. This collaboration has led to the development of a new game, DOE Rangers, on the MongCoin platform. The game integrates the DOE and MONG NFT Collections, turning them into playable in-game characters. Players can acquire power-ups using $KDOE and $MONG tokens.

MongCoin’s impressive 18% price surge in the last seven days outperformed 67% of the global cryptocurrency market. Investors are currently bullish on the coin, trading above its 200-day average. Also, the token has shown 17 green days in the last 30 days while posting a 24% price increase at $0.00000001497.

2. ElmoERC (ELMO)

ElmoERC combines the excitement of memes with practical uses and a swift deflationary model. As an Ethereum-based meme token, it aims to build a vibrant ecosystem for its community by incorporating several innovative features.

Moreover, the project utilizes two essential elements in its tokenomics: the burn-and-earn mechanism. ELMO’s circulating supply decreases through sell taxation, with a portion of the tokens burnt whenever a sale occurs. Additionally, ElmoERC’s utility-focused ecosystem ensures consistent token usage, making it a viable long-term investment option for holders.

ElmoERC recently launched an NFT platform, adding new features to its ecosystem. Token holders benefit from staking boosts, NFT staking, and a 0% sell tax through the Burn Portal. Furthermore, the project offers a robust staking feature, allowing users to earn additional tokens.

In another development, the ElmoERC team recently completed an on-chain First Person Shooter game. Players compete to climb the leaderboard, earning various in-game rewards. This initiative underscores the team’s commitment to integrating engaging and interactive gaming experiences within the ecosystem.

300M $ELMO WEN? pic.twitter.com/RkMbqEoTal

— ElmoERC (@RealElmoERC) November 12,

News source:insidebitcoins.com

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