|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
First Neiro on Ethereum ($NEIRO) and cat in a dogs world ($MEW) Are the Top Meme Coin Prospects to Reach a $1 Billion Market Cap
Sep 25, 2024 at 07:20 pm
After Popcat became the seventh meme coin to reach a $1 billion market cap, traders are frantically searching for the next 10-figure joke token.
After Popcat became the seventh meme coin to reach a $1 billion market cap, traders are searching for the next 10-figure joke token.
This week, First Neiro on Ethereum ($NEIRO) and cat in a dogs world ($MEW) are two of the strongest prospects, up 52% and 47%, respectively. But which will reach $1 billion first?
NEIRO Might Have an Edge On Binance Listing
Both tokens are on fire as traders reenter the meme coin arena. However, NEIRO’s Binance listing might give it the edge.
Besides Popcat, $NEIRO and $MEW are the best performers within the top 15 meme coins by market cap.
Like Popcat, cat in a dogs world is a Solana-based cat-themed crypto. This has a lot of potential, with many traders beginning to see the ‘cat coin’ sector as undervalued compared to its ‘dog coin’ counterpart.
$POPCAT the first alt to make a new ATH in this renewed bullrun and you don’t think cat coins are about to go crazy?
However, First Neiro on Ethereum also has a bullish outlook. It’s a community-led Ethereum-based token and currently Ethereum’s fourth-largest meme coin.
Ethereum has huge liquidity. $ETH has a $318 million market cap. This means there is plenty of capital that could flow into $NEIRO, particularly given that it is one of the ecosystem’s largest joke tokens.
Moreover, the three Ethereum meme coins that are bigger than $NEIRO (Shiba Inu, Pepe, and Floki) are each worth over $1 billion.
$MEW and $NEIRO have market caps just above $500 million. This means just under a 100% gain is needed to reach $1 billion.
All of this indicates the projects are neck and neck. But from a fundamental standpoint, they’re separated by one thing: $NEIRO’s Binance listing.
This opens NEIRO to Binance’s some 200 million users, many of whom may not have had access otherwise.
Indeed, that swings things $NEIRO favour, but what do the charts say?
Analyst TraderSZ sees $NEIRO hitting $1 billion, noting that it is bouncing off the $500 million market cap support level.
here we go https://t.co/n4Ui9MA4DB pic.twitter.com/TghD1GpGRD
Meanwhile, $MEW has a strong resistance at $0.009, which is just shy of a $1 billion market cap. Analyst Amy.SOL expects MEW’s next rally to push toward $0.00788.
One of the easiest trading charts to understand right now is the $MEW chart. It clearly shows support and resistance areas, along with obvious entry and take-profit points. I'm bullish on it, along with @dollarmoonio both are among the top $SOL memecoins right nowDYOR pic.twitter.com/ACIDdHUw88
As traders return to meme coins, the future looks bright for both projects. However, First Neiro on Ethereum seemingly has the upper hand here.
But another meme coin showing massive potential is Pepe Unchained. The project is currently undergoing a presale and has raised $15 million so far.
New Meme Coin With L2 Pepe Unchained Raises $15M, Next 100X Presale?
Pepe Unchained is a Pepe-themed meme coin with its own Ethereum layer 2 blockchain.
‘Pepe Chain’ will be 100x faster and much cheaper to use than Ethereum. It aims to be a home for meme coins, allowing developers to launch tokens and meme coin-related applications.
It will also have core infrastructure such as a dedicated Ethereum bridge, a block explorer, a staking mechanism, and a decentralized exchange.
With a use case that blurs the lines between meme coin and utility coin, it’s no wonder that traders are piling in amid the current market environment.
As to how far it can go, ClayBro from 99Bitcoins says that it “could be one of the best” Pepe-themed tokens.
The analyst underscored that Pepe Unchained stands apart from other Pepe-themed meme coins as the only one with its blockchain.
ClayBro also highlighted that Pepe Unchained is launching developer grants, which essentially pay developers to build on its network. This could expedite its ecosystem growth and, therefore, user adoption.
In a market where most meme coins are largely interchangeable, Pepe Unchained is set apart by contributing real value to the blockchain industry. That’s why its presale has proved so popular.
Visit Pepe Unchained Presale
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.
-
- Bitcoin-Backed Stablecoin USDh Launches on Stacks L2, Offering New DeFi Options
- Sep 26, 2024 at 12:25 am
- Hermetica has expanded its Bitcoin-backed stablecoin, USDh, to the Stacks (STX) Layer 2 network, marking a significant step for Bitcoin-based decentralized
-
- Bitcoin (BTC) Market in a Prolonged Consolidation Phase, New Investors Show Resilience
- Sep 26, 2024 at 12:25 am
- In the current context of the cryptocurrency market, Bitcoin has managed to regain its cost basis for short-term holders
-
- EOS Network Completes Landmark Spring 1.0 Upgrade, Ushering in the Savanna Consensus Algorithm and 1-Second Transaction Finality
- Sep 26, 2024 at 12:25 am
- The EOS Network Foundation (ENF) was forged through a vision for a prosperous and decentralized future. Through our key stakeholder engagement, community programs, ecosystem funding, and support of an open technology ecosystem, the ENF is transforming Web3
-
- IntelMarkets (INTL): Utility Over Hype
- Sep 26, 2024 at 12:25 am
- The AI-DeFi protocol IntelMarkets (INTL) has been hailed as the best new crypto to invest in for several reasons.
-
- DTX Exchange (DTX): A Novel Exchange-Based Token Set to Challenge the Dominance of Solana (SOL) and Render (RNDR)
- Sep 26, 2024 at 12:25 am
- As the year's final quarter approaches, investors are on the lookout for the next big thing, with DTX Exchange (DTX) stealing the spotlight.
-
- BlackRock Executive Talks About Fundamentals of Bitcoin
- Sep 26, 2024 at 12:25 am
- Risk-off assets like gold and government bonds are favored in uncertain times, providing a safe harbor when the economic forecast looks grim.
-
- USDh by Hermetica, a Popular USD-pegged Stablecoin and the First-ever Synthetic Dollar Backed by BTC as a Security Layer, Announces Its Release on Stacks, the Most Popular Bitcoin L2
- Sep 26, 2024 at 12:25 am
- The asset is fully backed by Bitcoin (BTC), according to its team's statement. Each USDh owner might enjoy up to 25% yield on their holdings in a fully noncustodial manner.
-
- BitcoinOS (BOS) Unveils BitSNARK, a Zero-Knowledge Verification Protocol for Enhanced Privacy on the BTC Network
- Sep 26, 2024 at 12:25 am
- BitcoinOS (BOS) has marked a milestone in the evolution of the Bitcoin network by announcing the launch of BitSNARK, a zero-knowledge (ZK) verification protocol that promises to improve privacy in transactions made on this blockchain.
-
- Floki (FLOKI) Will Rally as Valhalla, a Play-to-Earn MMORPG, and Alliance Announce a Partnership, Traders Predict
- Sep 26, 2024 at 12:25 am
- Floki officially announced a groundbreaking partnership between Valhalla and Alliance, a globally recognized esports powerhouse.