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During the recent surge in the crypto sector, the meme coins have left a significant impact, with many experiencing growth exceeding 100%.
The meme markets have seen significant price surges in 2024, showcasing not only their current popularity but also suggesting promising future prospects. Despite the risks associated with meme coins due to their volatility, they continue to attract both experienced and new investors with stories of substantial gains.
This article highlights five of the hottest meme coins to buy now, including Shiba Inu, Bolratcoin, Smog, Baby Doge Coin, and the token presale, Dogecoin20. These meme coins have garnered attention within the crypto community, offering a blend of humor and potential investment opportunities.
Shiba Inu (SHIB)
Shiba Inu has positioned itself as a formidable contender to Dogecoin, earning the moniker of the ‘Dogecoin killer.’ Primarily driven by meme culture, it aspires to incorporate Ethereum-based functionalities such as decentralized finance.
A notable development within the Shiba Inu ecosystem is the creation of Shibarium, a layer 2 scaling solution tailored for Ethereum. This platform aims to provide a more cost-effective alternative to the Ethereum mainnet, implementing a token-burning mechanism with each transaction on the network.
Despite reaching an all-time high of $0.0000884 in October 2021, Shiba Inu’s current trading price sits approximately 70% below this pinnacle. Currently, $SHIB holds the 11th position in terms of market capitalization among cryptocurrencies.
However, it has experienced a recent downturn, witnessing a decrease of over 5.57% in the past week alone. Nonetheless, in the last 24 hours, this prominent meme coin has managed a slight recovery, boasting a 0.94% increase and trading at $0.0000272 at the time of writing.
Dogecoin20 (DOGE20)
Dogecoin20 emerges as a promising new addition to the meme coin sector, introducing itself as an upgraded version of Dogecoin, with its inception in March 2024. A standout feature of Dogecoin20 is its staking mechanism, offering a more flexible approach compared to its predecessor.
Utilizing the Proof-of-Stake (PoS) consensus, $DOGE20 token can be conveniently stored in self-custody wallets as ERC-20 token. Unlike the resource-intensive mining process required for Dogecoin, staking Dogecoin20 allows holders to effortlessly increase their holdings.
In the initial two years, 15% of the total $DOGE20 token supply will be allocated to stakers, with a significant emphasis on the first year, distributing 12.5%, followed by 2.5% in the second year.
This results in a staggering staking Annual Percentage Yield (APY) of over 165%, attracting significant interest with more than 16.9 billion $DOGE20 tokens already staked. However, it’s important to note that as more tokens are acquired and staked, the APY is expected to decrease.
Go on #DOGE20! 🚀
2 Milestones in 1 Day! 🎉
Reaching over $5M raised now! 💰
We are on a roll! 🌟
Massive shoutout to the best Community ever! 🙌
$6 million tomorrow? – Definitely! 💪 pic.twitter.com/GuMT1lidEO
— Dogecoin20 (@DOGE_COIN20) March 21, 2024
Currently, the project is in its presale phase, having successfully raised over $5.8 million, with each token priced at $0.000204. To participate in the presale, users can connect their Ethereum wallet and use $ETH, $USDT, or card payments for the purchase.
It’s advisable to promptly stake acquired tokens to capitalize on the high APY. During the presale, investors have the opportunity to acquire 35 billion $DOGE20 tokens, constituting 25% of the total token supply. With a fixed supply of 140 billion tokens, of which 15% will be allocated to staking rewards.
To stay informed about this new crypto presale, follow Dogecoin20 on X (formerly Twitter) and join their Telegram channel for real-time updates. To take part in the $DOGE20 token presale visit dogecoin20.io.
Baby Doge (BabyDoge)
Since its inception in 2021, Baby Doge Coin has fostered a dedicated user base, solidifying its stature as a leading meme coin within the crypto sphere. Presently, Baby Doge Coin is valued at $0.00000000239, experiencing a marginal decrease of 0.90% over the past 24 hours, accompanied by a trading volume amounting to $7.45 million.
Nonetheless, it has notably surged by 108% over the last 30 days. Baby Doge Coin achieved its peak value (ATH) of $0.00000000635 on January 16, 2022.
With the sentiment surrounding Baby Doge Coin exhibiting bullish tendencies, reflected by a Fear & Greed Index registering at 75, denoting Extreme Greed, the future for $BabyDoge appears not only promising but gleaming with potential.
Its trajectory mirrors the broader evolution of the crypto industry, exemplifying resilience, innovation, and unwavering community support.
Watch the video above for a detailed review of the hottest meme coins to invest in now, and subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related videos. Additionally, Jacob runs a Discord server with 21,000 members, offering valuable trading advice and insights into upcoming crypto presales.
Smog (SMOG)
Smog, positioned as a cross-chain meme coin, emerges as one of the best meme coins to buy now. Founded on the Solana blockchain, $SMOG swiftly gained traction upon its listing on the Jupiter decentralized exchange in February 2024, now boasting a market cap exceeding $162 million.
Within a mere 24 hours post-launch, $SMOG surged past a $28 million market cap milestone, currently trading at $0.209, marking a 3.75% increase in the last 24 hours. Notably, the Smog development team anticipates $SMOG to potentially ascend as the leading coin on the Solana blockchain.
With an emphasis on a fair token launch, purchasers of $SMOG now stand eligible for participation in one of the largest token airdrops on Solana.
One #Memecoin to rule them all! 🚀
Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
Join #SMOG on Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
Interested investors can acquire $SMOG using $ETH or $USDT on the Smog website, thereafter holding the tokens in their wallets or staking them to earn a noteworthy 42% APY and accumulate airdrop points.
Furthermore, engagement in the Smog Zealy campaign presents opportunities to earn additional airdrop points through quest completions. Out of its 1.4 billion token supply, 490 million meme tokens are slated for distribution to token holders via airdrops, with current holders of $SMOG already earning airdrop points.
As Smog plans to introduce quests and challenges to augment airdrop points, participants are encouraged to stay updated via the Smog Telegram channel and X account for further details on the ongoing airdrop campaign. Buy $SMOG here.
Bolratcoin (BOL)
Bolratcoin was a promising meme coin in the crypto market, despite experiencing a price correction. Its current phase hinted at a bullish reversal pattern, suggesting potential for an uptrend.
The mention of upcoming events, such as a potential MEXC listing and engagement from Solana developers, indicated catalysts for $BOL’s price appreciation. Additionally, its tokenomics, market metrics, and small community were highlighted as factors contributing to its growth potential.
Overall, Bolratcoin was portrayed as a coin with significant upside potential, emphasizing its unique features and upcoming developments.
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