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The sentiment in the crypto market has shifted back to optimism. However, while most cryptocurrencies have experienced a temporary recovery, investors still need to be convinced about the long-term future of several top altcoins. Consequently, investors are turning to the best meme coins to make quick profits while assessing these altcoins.
However, identifying the meme coins that will experience the next breakout is not easy. With the impact of the market downturn still influencing market trends, identifying these tokens may be quite technical. Thus, the analysis presents profitable meme coins worth checking out using several metrics.
Best Meme Coins to Add to Your Portfolio Now
Blur displayed a modest price increase of 7.5% over the last 24 hours. Despite experiencing a recent price dip in the past 24 hours, analysts anticipate this setback to be temporary. Also, Mochi’s 3.7% surge in the last 24 hours is supported by a 27% increase in trading activity. Meanwhile, data show that SquidGrow’s holders have exceeded 30,000.
Furthermore, the article summarizes Flockerz’s presale offering, the project that gained attention after raising over $500k within hours of the presale launch. Its remarkable presale performance contrasts with recent bullish market sentiment. We’ll look into the project’s fundamentals and other crucial factors contributing to its notable success.
1. Flockerz (FLOCK)
Several tokens, such as SquidGrow, Mochi, and Blur, have shown massive potential and price surges. However, smart investors are prioritizing Flockerz for its short—and long-term prospects. The unique viral presale token has formally launched a groundbreaking Vote-to-Earn campaign. This innovative strategy has triggered a frenzy in the crypto market and drawn praise from analysts and investors.
The project’s virality has led to an astonishing presale performance, which has seen it raise over $1.2 in a matter of weeks. Analysts are confident that Flockerz is the market’s next top meme coin. The token has been predicted to leapfrog Dogwifhat’s post-launch performance. For comparison, Dogwifhat gave almost 1000% ROI to early investors in its first week alone.
The project differentiates itself from traditional meme coins by adopting a Vote-to-Earn model. This Vote-to-Earn mechanism, through its decentralized autonomous organization (DAO), forms Flocktopia. It ensures that every token holder has a voice in essential proposals and that the community actively participates in shaping the project’s direction. Additionally, Flockerz offers staking opportunities, allowing users to earn passive income.
No need to manifest when the flock’s always rising together.
Upward we go, stronger side by side! ✅ pic.twitter.com/VMgTLufYFu
— Flockerz (@FlockerzToken) October 31, 2024
Investors can earn an APY of 1384% for staking their tokens, making it an attractive option for holders looking to maximize their returns. The combination of all these unique features and reward systems has seen it stand out in the saturated crypto market. It is also the reason why YouTuber and analyst Jacob Crypto Bury believes $FLOCK could mint the next wave of crypto millionaires.
Although the presale price of $FLOCK has risen to $0.0059098, Flockerz continues to effortlessly smash through successive price stage targets. Investors are encouraged to seize the current opportunity to participate in the presale, as another price increase is scheduled for tomorrow.
2. SquidGrow (SQUIDGROW)
SquidGrow aims to be unique by prioritizing utility over meme appeal. It has become a forerunner of the concept of a “utility-meme” project. This feature has ensured the continued sustainability of the innovative project, further attracting more investors.
Moreover, SquidGrow enjoys a robust following, evidenced by its almost 40 thousand strong social media followers and 20,000 holders. It ensures transparency and security by ensuring that Certix thoroughly vets the project. The project also added a new auditing company, Solidity, specializing in smart contract security and NFT.
Furthermore, the project’s strong focus on utility allows it to offer sustainable staking pools. A secure swap service (SGS) and integration capabilities for other projects through its customized contract further demonstrate its potential to attract investors. Meanwhile, the token has undergone a full audit and has been renounced to assure its holders of its security.
In an announcement that swept through the crypto market, SquidGrow confirmed integrating their utilities with the Ryoshi L2 network. This integration lets holders swap tokens and purchase NFTs with $SHIB through SquidGrow utilities on Ryoshi L2. The effect of this partnership has been felt as the token responded positively through a price gain despite the general crypto downturn.
Check out our utility, Silent Swap, currently in Beta Testing! 👇https://t.co/7Hf0q7wzbW
— SquidGrow™ (@Squid_Grow) November 1, 2024
This collaboration reflects a commitment by the team at Squid to pushing the boundaries of what’s possible in the crypto space. This partnership, along with several other strategic moves, has seen the meme token positioned towards becoming a top 10 crypto soon. It also demonstrates the team’s commitment to expanding SquidGrow’s utility.
Meanwhile, the token is valued at $0.01783. This price indicates a 2.5% profit in the last 24 hours. It is trading above its 200-day Simple Moving average and has posted 25 green days in the previous 30 days. Despite a bearish sentiment, the token displays massive liquidity due to its market cap.
3. Blur (BLUR)
Blur (BLUR) is an innovative NFT trading platform swiftly gaining traction. The utility token operates on the Ethereum network. It adopts a decentralized model and offers a range of features to its users, including real-time price updates, NFT sweeping capabilities, and user-friendly portfolio management tools.
Moreover, BLUR leverages Ethereum’s blockchain to ensure security. It does this by employing the Proof-of-Stake consensus mechanism of the Ethereum network. Also, Blur stands out with quicker NFT sweeps and an intuitive interface. Consequently, this has made it become the preferred choice for many professional NFT traders.
Furthermore, the project implements a zero-trading fee model for NFT sales. Traders can conveniently track their digital assets through Blur’s portfolio tab. This feature provides valuable insights into rarity, value, profit and loss, and other important data.
Meanwhile, Blur distinguishes itself from other NFT marketplaces through a myriad of features. It offers faster NFT sweeps and incorporates a snipe function, providing traders with real-time price feeds and sorting options based on price. Also, as an aggregator, Blur seamlessly connects with platforms like X2Y2, LooksRare (LOOK), and OpenSea.
Earlier this year, OKX announced a partnership project with Blur. This collaboration fully integrated the OKX Wallet into Blur’s NFT Marketplace. As of today, OKX users can connect their OKX Wallet to the Blur marketplace and transact directly. Also, it briefly surpassed OpenSea as the second-largest NFT marketplace.
Investors have a bullish sentiment on BLUR, which has displayed a 7.5% price increase over the previous month. The token’s greed index of 71 (greed) and a perfect 23 green days in the previous 23 days show its potential for increasing in the coming days.
4. Mochi on Base (MOCHI)
Mochi initially gained attention due to its association with the pet dog of Brian Armstrong, the CEO of Coinbase. It has moved beyond its meme-coin origins, firmly establishing itself as a project with real-world utilities. The token ensures security by undergoing a full audit and a renounced token.
One of the factors that makes Mochi different from other meme-coins is its focus on community-driven development. It has a dedicated group of individuals who are actively building several innovative projects, such as non-fungible tokens (NFTs), decentralized applications (dApps), and even a cat-themed virtual marketplace around the token. This dedication to development ensures that the token has more utilities, increasing the price.
Some of the projects include a Play-to-Earn game where users can raise a kitten in a virtual world and compete in challenges to earn rewards, a Mochi NFT Marketplace that allows users to buy, sell, and trade Mochi-themed NFTs, and a platform that integrates Mochi with DeFi protocols allowing user interest, staking MOCHI tokens, and participating in liquidity pools.
For National Cat Day, @base cats have come together
and raised $7,000 to donate to cat charities!🐱 @mochi_token @MrMigglesOnBase @floppa @picaonbase @pawthereum 🐱
By collaborating, we're creating real-world impact, and thanks to @coinbasewallet, you can contribute too! 🧵⬇️ pic.twitter.com/pciop8Mozx
— MOCHI on BASE (@mochi_token) October 30, 2024
Furthermore, Mochi leverages the Base Chain network. The base blockchain is a Layer 2 scaling solution that facilitates faster and cheaper transactions compared to the Ethereum mainnet. This feature makes the user experience seamless and attracts a broader user base.
MOCHI is valued at $0.000008636 as of today’s writing. Despite a slight 1.4% decrease in the last 24 hours, it trades 3.5% higher than its price last week.Ni Furthermore, it is trading above its 200-day SMA and has posted 25 green days in the last 30 days.
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